Read on Twitter
1/ A catalogue of recent threads written about inflation, how QE works, and debt monetization (or rather, not).
(Special thanks to @SahilBloom for helping me be a more organized netizen - be sure to check out all of his wildly educational threads as well!)
(Special thanks to @SahilBloom for helping me be a more organized netizen - be sure to check out all of his wildly educational threads as well!)
2/
On Inflation, and how it's probably not what happens next: https://twitter.com/coloradotravis/status/1296853677253124096?s=20
On Inflation, and how it's probably not what happens next: https://twitter.com/coloradotravis/status/1296853677253124096?s=20
3/
On 'true' inflation vs. price distortion https://twitter.com/coloradotravis/status/1297982056190812160?s=20
On 'true' inflation vs. price distortion https://twitter.com/coloradotravis/status/1297982056190812160?s=20
4/
Why 'velocity of money' and the M2 are not great metrics https://twitter.com/coloradotravis/status/1298285624802254849?s=20
Why 'velocity of money' and the M2 are not great metrics https://twitter.com/coloradotravis/status/1298285624802254849?s=20
5/
How the Fed is NOT monetizing debt, and the banking system's incentives to avoid doing so https://twitter.com/coloradotravis/status/1298705049401450496?s=20
How the Fed is NOT monetizing debt, and the banking system's incentives to avoid doing so https://twitter.com/coloradotravis/status/1298705049401450496?s=20
6/
On what it means to say "the Fed is out of ammo"
And also a love letter to Bitcoin. https://twitter.com/coloradotravis/status/1299419000577970176?s=20
On what it means to say "the Fed is out of ammo"
And also a love letter to Bitcoin. https://twitter.com/coloradotravis/status/1299419000577970176?s=20
7/
Putting dollars in pockets! A stronger case for monetization.
And why it's still probably not. https://twitter.com/coloradotravis/status/1299723711784787969?s=20
Putting dollars in pockets! A stronger case for monetization.
And why it's still probably not. https://twitter.com/coloradotravis/status/1299723711784787969?s=20
8/
On the immediate liquidity effects of QE: a meditation via metaphor. https://twitter.com/coloradotravis/status/1299805199100387328?s=20
On the immediate liquidity effects of QE: a meditation via metaphor. https://twitter.com/coloradotravis/status/1299805199100387328?s=20
