#Monetary

Anil Dash

anildash

A reminder that may not be obvious: amplification on social networks has monetary value. Twitter’s algorithm counts it as engagement even if you shared a tweet to criticize it or

Barton

Barton_options

1/ COVID19 impact on public health, market, election (April edition)TL,DR: public-health crisis over by Nov for working age people. fatality for 65+ bad & having a long tail into 2021.market

Alex Good

goodalexander

A thread on gold, if only to clarify my own thoughts as I'm conflicted about the asset. 1/ $1800+ Gold is priced as a hedge to the possibility of the

Michael Pettis

michaelxpettis

This kind of economics is faith-based rather than logical. According to the Ayn Rand Institute, newly-created government money can only cause egg prices to rise: “Take eggs as the symbol.

Kevin Erdmann

KAErdmann

Scott Sumner and I have a new paper on housing, monetary policy, and the Great Recession.Tl,dr: The stuff you thought was settled fact is wrong. There is a lot to

John_Hempton

John_Hempton

Why not stagflation?The 1960s were a sign of endless trust in Keynesian expansion to the extent that Milton Friedman could say of Richard Nixon "everyone is a Keynesian now".The 2010s

Morgan Ricks

MorganRicks1

Outlawing bank notes of state banks also seemed draconian (see bitter Congressional debates over national bank act of 1863-4) but Abraham Lincoln and Salmon Chase won.https://twitter.com/mattwwaters/status/1260403963792445440 And yes, restoring monet

morgan/ronnie @ clowntown 🎈

glitterghoblin

i don’t consider myself a big artist or a professional artist by any means but it’s absolutely buck wild to realize that for the past three years there’s been a

Claire Jackson-Prior

Lizzieebeth

"We pay for the NHS with our taxes!"This idea that taxes pay for the NHS or any other government spending is not only incorrect, it actually empowers the rich and

Economic Gravity

ab65449089

Remember, the #Euro bounced on "whatever it takes" in 2012. The risk being priced into the market was far beyond economic fundamentals.What has changed since then except a lack of

Sven Henrich

NorthmanTrader

Central banks now print during times of recessions & during times of non recessions. They cut rates with unemployment at 3.5% & they run the biggest QE programs ever during

Michael Pettis

michaelxpettis

1/7Because RMB is a managed currency, whether or not it rises depends on the PBoC, but if rising expectations cause significant continued inflow into RMB, there are basically three ways,

TradeButWhy

tradebutwhy

1/ Summarizing the interview with @JeffBooth on @realvision: The central bank's losing battle with deflation.- Technology is a deflationary force- Higher abundance at lower cost over time- This accelerates exponentially-

Nick Rowe

MacRoweNick

I'm so old I can remember 4 (or more, depending how you count them) *different* stories about why the Central Bank raising interest rates would cause inflation to *rise*.Have I

Rick Rieder

RickRieder

Extraordinary fiscal and #monetary policies have led to a booming #economy in many areas, which is likely to improve even further as the Covid vaccination effort continues apace and as

Vijay Boyapati

real_vijay

1/ In their embryonic form many species appear alike. But imprinted in their various DNAs is the code that will evince their great differences in the fullness of time. A