Dan Hinge
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danhinge.bsky.social
Dan Hinge
@danhinge.bsky.social
1.2K followers 720 following 450 posts
Benchmarks editor at Central Banking - covering economics, data and the BIS. Short stories published by Liars' League and Every Day Fiction

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Signal: @danhinge.89
https://www.centralbanking.com/author/daniel-hinge
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danhinge.bsky.social
Love Louise Hayward's etchings of London. Here's one we have of scaffolding on Trellick Tower
Scaffolding on Trellick Tower, a print by Louise Hayward, framed and on the wall of my flat.
September 27, 2025 at 8:32 AM
danhinge.bsky.social
Fun pullquote in this story on central bankers' legal immunity www.centralbanking.com/benchmarking...
Pullquote with the text "It's bloody difficult to sue the Bank of England for anything", a quote from John Gieve, former BoE deputy governor
September 24, 2025 at 12:23 PM
danhinge.bsky.social
See also our interview with CNB governor Boris Vujcic, who discusses the issue of stablecoins moving freely when their reserves do not.
Then it’s also a question of whether, for example, it’s a third-party co-issuance stablecoin, like you had in France with Circle. The challenge there is that we must be careful about the regulatory arbitrage because regulation is not the same everywhere. If you do coin issuances that are fungible and where you have a guarantee to use a product in the same way wherever you are in the world, then we must be sure that the reserves could also move freely. For example, in Europe, we have favourable legislation that guarantees you can get redemptions quickly. So, if there is a run, people might run in Europe, rather than somewhere else, because of regulatory reasons. This is all a little speculative at present, as the business has not grown significantly enough yet. But we have to be careful and guard against unwanted consequences before they become unmanageable.
August 20, 2025 at 4:09 PM
danhinge.bsky.social
What if monetary policy isn't actually all that tight? Interesting BIS paper covered here by @thomas-chow.bsky.social - a new monetary conditions index tries to capture effect of balance sheet size in a more nuanced way than the shadow rate www.centralbanking.com/central-bank...
Chart from BIS paper showing monetary conditions index (MCI) is substantially lower than the policy rate and estimates of the shadow rate.
July 30, 2025 at 10:41 AM
danhinge.bsky.social
Today is the day I let my 950 day streak studying Ukrainian lapse. До побачення to the owl. In the end you were just too much of a pain in the arse, Duo. Also the Ukrainian course is pretty short and massively unhelpful at explaining the (v complicated!) grammar. Time for some book learning I think
A flaming owl in sunglasses celebrating the 950 day streak I reached on Monday. Today I ran out of streak freezes and also patience with Duolingo's shortcomings
May 23, 2025 at 12:23 PM
danhinge.bsky.social
We published our first strategic planning benchmark report today. One of many findings is that nearly everyone is working on digital transformation and payments reform. But AI is not really showing up in plans yet.

www.centralbanking.com/benchmarking...
Chart showing that over 85% of central banks include digital transformation and payment systems in their strategic plans. Forecasting, AI and evolving mandate are the least common options (all <40%)
May 15, 2025 at 8:23 AM
danhinge.bsky.social
One of many bits that resonates:
But if I’m honest, that kid was working harder than I am. He was so much more scared than I am, which means he was being so much braver. Fiercely intent on learning and growing, in a way I could only dream of being now.
May 9, 2025 at 12:56 PM
danhinge.bsky.social
One more note on access to cash - our benchmarking data shows mandatory acceptance laws are pretty widespread, appearing in over 50% of the 38 jurisdictions that supplied data. Just not the UK.

www.centralbanking.com/benchmarking...
Chart showing extent of access to cash policies (in 46.9% of jurisdictions), commercial bank cash mandates (43.8%) and mandatory cash acceptance at retailers (54.3%)
May 1, 2025 at 10:25 AM
danhinge.bsky.social
Facebook and Instagram are indeed bad for you www.nber.org/papers/w33697
Title: The Effect of Deactivating Facebook and Instagram on Users’ Emotional State Abstract: We estimate the effect of social media deactivation on users’ emotional state in two large randomized experiments before the 2020 U.S. election. People who deactivated Facebook for the six weeks before the election reported a 0.060 standard deviation improvement in an index of happiness, depression, and anxiety, relative to controls who deactivated for just the first of those six weeks. People who deactivated Instagram for those six weeks reported a 0.041 standard deviation improvement relative to controls. Exploratory analysis suggests the Facebook effect is driven by people over 35, while the Instagram effect is driven by women under 25.
April 22, 2025 at 8:51 AM
danhinge.bsky.social
Most central banks are seeing rapid declines in banknote return frequency and destruction rates. This reflects greater efficiency of cash cycle as well as falling transactional demand. So it's not all bad, but the risk is that maintaining cash infrastructure gets v costly...
Chart showing that a significant share of central banks saw the rate of banknote returns and destruction shrink more than 40% in the past 10 years.
April 16, 2025 at 11:58 AM
danhinge.bsky.social
Experiment: deep fried PSB with soy and chilli
A bowl of deep fried purple sprouting broccoli
April 12, 2025 at 4:29 PM
danhinge.bsky.social
Climbed a small hill
The view from Table Mountain, looking down on Cape Town and the bay beyond
February 23, 2025 at 2:23 PM
danhinge.bsky.social
On my way to Cape Town for the Central Banking Spring Meetings. Long journey just beginning!
View across London from the train. Tracks in foreground, Shard in background
February 22, 2025 at 2:36 PM
danhinge.bsky.social
Just starting this. Loved Olive Kitteridge so I have high hopes #booksky
Tell me everything by Elizabeth Strout. Hardback with an orangey-red cloth binding on the spine. Illustrated with a line drawing of a road through trees, presumably in Maine
February 9, 2025 at 11:32 AM
danhinge.bsky.social
Sunny south bank
Book stalls and people on the south bank of the Thames, with low winter sun People silhouetted by the low sun outside the Royal Festival Hall. Curve of the London Eye visible behind the building
February 2, 2025 at 4:40 PM
danhinge.bsky.social
The all-new, all-online Central Bank Directory is now live after about nine months of our team grinding through the data. Want to find every central bank librarian in Asia Pacific? Every auditor at the Central Bank of Eswatini? Now you can!

www.centralbanking.com/directory
Landing page of the new Central Bank Directory, with search bar, contact finding tool and A-Z of central banks
January 23, 2025 at 10:26 AM
danhinge.bsky.social
Aoife one today. Amazing. How did we get this far? Had a lovely day. Chocolate cake a big hit.
Aoife, with decorations reading 'HAPPY BIRTHDAY AOIFE'
January 20, 2025 at 7:55 PM
danhinge.bsky.social
Striking finding - over 60% of central banks report struggling to fill risk management posts. Issue seems to be partly competition on pay from private sector, partly need for specific skills, e.g. risk knowledge and programming

www.centralbanking.com/benchmarking...
January 15, 2025 at 11:37 AM
danhinge.bsky.social
Stewing the clementines for this has made the house smell *great*
Nigella's Clementine cake, still warm in the tin
January 3, 2025 at 3:39 PM
danhinge.bsky.social
Serrano ham and pineapple pizza, a crime against multiple European nations
A pizza with ham and pineapple. Delicious!
December 30, 2024 at 9:06 PM
danhinge.bsky.social
This is an excellent biryani. Here's a slightly less photogenic version we had for our traditional new year's day curry feast this year
Nigella's Indonesian inspired biryani in a big blue pot, Jan 1, 2024
December 26, 2024 at 2:31 PM
danhinge.bsky.social
I didn't know Le Guin wrote a book on writing but I'm glad she did. A very fine Christmas present!
Front cover of the book Steering the Craft by Ursula Le Guin. First page of the first chapter of Steering the Craft - the sound of your writing
December 26, 2024 at 6:55 AM
danhinge.bsky.social
Our economics benchmark report is out now. One thing we dug into this year was what features go into central banks' key models, inspired by Bernanke's wishlist for the BoE. Very few central banks do the more advanced stuff www.centralbanking.com/benchmarking...
Chart showing main elements of central bank forecast models. Multiple transmission channels and inflation expectations appear in close to 90% of respondents' models, but non-linearities and heterogeneous agents are quite rare, in use at <20% of central banks
December 16, 2024 at 10:24 AM
danhinge.bsky.social
Great news - Extra Teeth is back! When a small literary publication goes on hiatus the natural assumption is that's the end of it... But no! And I might actually have something to submit... www.extrateeth.co.uk
Extra Teeth logo and the words WE ARE BACK
December 15, 2024 at 4:23 PM
danhinge.bsky.social
From 1997! A classic
Supreme court overturns car
December 2, 2024 at 8:20 PM