Chico Sajovic @bad_dadd
Hard market and orthodox institutionalist with a side of #MMT, but we live with 7 Billion+ other people so we'll need to compromise. Cambridge, MA, USA Joined March 2010-
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Don't stop now! The rate cuts are taking the pressure off the fx markets which were a source of the peso weakness and inflationary pressures due to the gov's deficit spending to pay interest:
What is old is new again.
$TSLA
China is taking our money! China better use our money!
China is taking our money! China better use our money!
Imagine supporting this while also claiming that the current account deficit is too wide...
Imagine supporting this while also claiming that the current account deficit is too wide...
This is the funniest shit I’ve ever heard in my life
Positive interest rates just inserts holders of currency into the capital stack.
I cannot believe that Ukraine, this deep into the war, is still debating mobilization.
Big blow to the "low rates increase inequality" crowd.
Hey investors, make sure your investment is domiciled in Delaware.
Hey investors, make sure your investment is domiciled in Delaware.
Teaching my first History course this semester has been rewarding but I don’t know what to do with this student
The common denominator of beauty? USE ONE DAMN MATERIAL.
The common denominator of beauty? USE ONE DAMN MATERIAL.
My condolences to the doomers.
My condolences to the doomers.
Last 24 hours. 🇺🇸 @WSJ
Homicides are plummeting. In all 10 cities with the most 2023 homicides—for which we have data—homicides are falling. The pandemic crime wave is crashing hard. If these percentage decline numbers were percentage growth numbers, it would be the lede of every cable news show—>
Libtard response to Iranian aggression: Military industrial complex is starting WWIII. This wouldn’t have happened if Trump was president. This administration is weak. They better not respond to something that is none of our business.
Rosalind @87zv14Nk4ct33F
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9K Followers 459 Following Deputy Chief Economist @firstam | Real Estate & Housing Finance | Data + Econ + Housing | Co-host of REconomy Podcast | Albanian-American | Views are my ownOrthodox economists brushing up on #MMT after seeing the Bernstein clip cc @FindingMoneyDoc
Two Headlines. Published within 24 hours of each other. Theres something for everyone in this housing market 🙃
An important reminder that the reason why a candidate isn’t performing better is because they haven’t adopted your exact bundle of policy positions
@Noahpinion The “wisdom” of MMT is matched only by the gravity of its implications.. going down the MMt route confirms that the scarcity of financial resources is a policy choice .. not an economic inevitability .. and this perspective shifts the burden of responsibility onto policymakers to…
@Noahpinion Yes we know you don’t understand what MMT is you’ve made that clear
@concodanomics You honestly should, it might do wonders
Reminder, before I sign off for the weekend: It doesn’t matter if the Fed cuts or not. It only matters that they don’t have to hike, and that the economy doesn’t slow precipitously. As long as we stay out of those tail scenarios, we’re good.
That. Escalated. Quickly.
@HomosexualMan1 Mike Green is one of the most insightful people I've come across in just about any kind of media. By your logic I should be listening to people who got rich off Doge coin. If you want to be a better thinker, listen to Mike. If you want financial advising, see Edward Jones.
@cullenroche Gonna have to disagree with this one Cullen. treasury borrows money because it legally has to. Because we decided to have an institutional separation between fiscal and monetary policy The treasury is simply supposed to carry out legislated spending in cheapest way it can
IME senior folks in the public sector are basically actors. They have an army of people write speeches for them and photoshopping their images, but they themselves actually have no idea what they are doing. It becomes obvious in any candid conversion.
The inmates are running the asylum
Jon is right and George is wrong here. It's astounding to me we can live in a world of ON RRP, YCC, repo markets etc and people can still act like holding tsys somehow acts as a form of demand suppression. This ain't your grandaddy's tsy market
This is why I pay internet for
It’s weird to make hypothetical technological progress illegal