Iñaki Aldasoro
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aldasoro.bsky.social
Iñaki Aldasoro
@aldasoro.bsky.social

Principal Economist at the Bank for International Settlements. Views are my own, so is the silly sense of humor.

Economics 86%
Business 6%

Dip buyers be like
Flex post, flex post, flex post, flex post, flex post, flex post, BOLLARD.
#WorldBollardAssociation
When will we look at the power case over the money case? Twitter was a good deal for influence, not profit. DOGE was a cover for data access, not efficiency >> How Did DOGE Disrupt So Much While Saving So Little? ↘️ www.nytimes.com/2025/12/23/u...
How Did DOGE Disrupt So Much While Saving So Little?
www.nytimes.com
I riff on @dianecoyle1859.bsky.social’s discussion of institutions and growth to explain why banking may be an important missing link in economists’ understanding of how and why growth takes place.

Institutions and growth: How banks used to provide the liquidity that fuels innovation and growth

And thanks to crypto, I am none the wiser
Ten year anniversary of my PhD dissertation defense today, time flies

Reposted by Iñaki Aldasoro

Ten year anniversary of my PhD dissertation defense today, time flies

Back in Berlin

It does encapsulate a lot

Cannot believe this is a thing; what a stupid timeline we live in

T+1
I sometimes think about how many cigarette equivalents I smoked as a young kid while in movie theatres watching the epic movies of my childhood.

It was “normal.”

How many things do we consider normal today that we’ll one day (hopefully soon) recognize as completely insane?

Reposted by Iñaki Aldasoro

I sometimes think about how many cigarette equivalents I smoked as a young kid while in movie theatres watching the epic movies of my childhood.

It was “normal.”

How many things do we consider normal today that we’ll one day (hopefully soon) recognize as completely insane?

Finally got to this one

Reposted by Iñaki Aldasoro

Yes, and I’m not even sure anonymity is important, either. Historically, most small transactions were heavily credit based, with occasional cash clearing, almost always as part of an ongoing relationship. The idea that there was ever a pure, anonymous, permissionless system is a fantasy.

We all know how the fight ended.

Yes it is baffling, as is the complete disregard of the liquidity demand implications and the need to have an elastic balance sheet nearby.

Have fun staying poor!

Instant, but not atomic.
Blockchain fixes this.

Only in the redacted version you really notice he’s there

This one wins

Blockchain fixes this
I hope no one in your life hates you as much as retailers hate cash

Reposted by Iñaki Aldasoro

I hope no one in your life hates you as much as retailers hate cash

And of course that epic save on the 123rd minute, duly framed in office shrine

Happy third anniversary to this absolute beauty of a goal in a world cup final.
Three years on, I still want to marry this goal and raise a family of little counterattacks
x.com/modoscalonet...
x.com

What? What was that you said? Regulatory arbitrage?

And @smtuffy.bsky.social was not even in the podium. Total travesty.
Back then I suggested to the @alphaville.ft.com people that the prize should be named after him, something like “The FT Alphaville Sean Tuffy Memorial Prize in Meme Sciences”. In keeping with econ tradition, we’d call it the Tuffy

Actually, like Matt Levine has argued (half jokingly, as always), we should move in the opposite direction: just have markets open for a couple of hours.

Reposted by Iñaki Aldasoro

Nasdaq has asked the Securities and Exchange Commission to approve trading sessions outside traditional market hours as it tries to capitalize on growing global demand for US stocks. Read more: bloom.bg/4oXrC7p

📷️: Michael Nagle/Bloomberg

Nothing like sipping coffee in the morning, opening your phone, and realising that at 2:30am you were margin called and got completely wiped out. You can truly enjoy that coffee now in full knowledge that tomorrow you will be evicted.

This guy: I am libertarian and hate my Belgian passport
Also this guy: i would give it up if I could have another EU passport