Профиль

100%

He has some weird hang-up about the balance sheet reminiscent of a lot of investment newsletter writers.

What’s weird is that he’s trying to give this impression of being intellectually humble but is achieving exactly the opposite.

Thing is, the answer to this is probably “it doesn’t matter”, unless you believe that interest rates and the balance sheet somehow work through different channels and have differing effects on the economy.

Shit, this was the first I’d heard. RIP, he’ll be greatly missed.

“Markets are learning to play the ball, not the referee” No, they’ve learned that you putting yourself on the sidelines doesn’t mean the game’s over.

I’m in the US, so probably built in Ohio or Michigan.

On holiday and the rental car we were given is a Jeep. Every time I turn the windscreen wipers on the dashboard and other controls lose power and I’m thinking that tariffs probably won’t fix this.

lol at Waller treating this with the respect that it deserves apple.news/A-czCO9TST1W...

Why would you substitute peas for sweetcorn?

Erling Haaland was named after the country of his birth. His name is a deconcatination of “England”

Hahaha, this is absolutely amazing.

Often think it says something interesting about the country that this kind of crime is overlooked/normalised.

Look pretty decent to me, though the retail sales numbers have got more volatile than they used to be.

These figures are basis points?

But ... access to a smart phone?

More evidence, courtesy of @ernietedeschi.bsky.social, that AI isn't really showing up yet as stronger productivity at an industry or economy-wide level. www.stripeeconomics.com/p/ai-and-pro...

"Someone has to do it"

Just a 3

A fun feature of many MMT proponents is that they just assume it’ll be fine.