Khazbi Budunov
@foscaecon.bsky.social
Argentina’s sovereign bonds surged after Milei’s party won the midterm elections. It’s amusing how persistent the market narrative remains that harsh fiscal consolidation can somehow put the economy back on a growth path.
October 27, 2025 at 12:26 PM
Argentina’s sovereign bonds surged after Milei’s party won the midterm elections. It’s amusing how persistent the market narrative remains that harsh fiscal consolidation can somehow put the economy back on a growth path.
What we should truly be concerned about is deflation in China.
May 18, 2025 at 2:15 PM
What we should truly be concerned about is deflation in China.
Doctor, what’s the diagnosis here?
May 3, 2025 at 7:42 AM
Doctor, what’s the diagnosis here?
Viva la Resistenza!
Viva l'Italia antifascista!
Buon 25 aprile a tutti! 🇮🇹
Viva l'Italia antifascista!
Buon 25 aprile a tutti! 🇮🇹
April 25, 2025 at 8:20 AM
Viva la Resistenza!
Viva l'Italia antifascista!
Buon 25 aprile a tutti! 🇮🇹
Viva l'Italia antifascista!
Buon 25 aprile a tutti! 🇮🇹
The Russian economy is in superposition: GDP is set to grow 3.1% in 2025, but signs of stagnation are mounting — credit and investment are slowing, retail is weakening. Growth is propped up by government spending, construction, and a tight labor market.
April 17, 2025 at 9:48 PM
The Russian economy is in superposition: GDP is set to grow 3.1% in 2025, but signs of stagnation are mounting — credit and investment are slowing, retail is weakening. Growth is propped up by government spending, construction, and a tight labor market.
- "Sir, trade balance over imports does not make any sense"
- "Let's throw in some Greek letters like nerdy scientists would do!"
- "Ok, that'll do"
- "Let's throw in some Greek letters like nerdy scientists would do!"
- "Ok, that'll do"
April 3, 2025 at 5:26 PM
- "Sir, trade balance over imports does not make any sense"
- "Let's throw in some Greek letters like nerdy scientists would do!"
- "Ok, that'll do"
- "Let's throw in some Greek letters like nerdy scientists would do!"
- "Ok, that'll do"
Russian data debunk the money multiplier: from 2005 to 2019, banks created money not from reserves but through lending. As in the U.S., credit demand is the main constraint. The credit theory of money wins.
academic.oup.com/cje/article-...
academic.oup.com/cje/article-...
March 28, 2025 at 5:48 PM
Russian data debunk the money multiplier: from 2005 to 2019, banks created money not from reserves but through lending. As in the U.S., credit demand is the main constraint. The credit theory of money wins.
academic.oup.com/cje/article-...
academic.oup.com/cje/article-...
📊 What’s happening with the Russian economy in early 2025?
According to the latest forecast by INP RAS (ИНП РАН), Russia’s GDP growth in Q1 is projected at +3.1% year-on-year, though the growth rate is already showing signs of slowing down.
According to the latest forecast by INP RAS (ИНП РАН), Russia’s GDP growth in Q1 is projected at +3.1% year-on-year, though the growth rate is already showing signs of slowing down.
March 17, 2025 at 10:26 AM
📊 What’s happening with the Russian economy in early 2025?
According to the latest forecast by INP RAS (ИНП РАН), Russia’s GDP growth in Q1 is projected at +3.1% year-on-year, though the growth rate is already showing signs of slowing down.
According to the latest forecast by INP RAS (ИНП РАН), Russia’s GDP growth in Q1 is projected at +3.1% year-on-year, though the growth rate is already showing signs of slowing down.
I now understand Europe’s concern about Russia. In November 1999, President Yeltsin asked President Clinton to give him Europe.
clinton.presidentiallibraries.us/items/show/5...
clinton.presidentiallibraries.us/items/show/5...
March 10, 2025 at 7:25 AM
I now understand Europe’s concern about Russia. In November 1999, President Yeltsin asked President Clinton to give him Europe.
clinton.presidentiallibraries.us/items/show/5...
clinton.presidentiallibraries.us/items/show/5...
It’s just that a recession is now being called an economic detox.
March 9, 2025 at 3:30 PM
It’s just that a recession is now being called an economic detox.
Just a classic Christmas family photo: the perfect mix of holiday cheer and suspense.
December 25, 2024 at 7:59 PM
Just a classic Christmas family photo: the perfect mix of holiday cheer and suspense.
So, Trump wasn’t enough? Now we’re moving on to promoting far-right extremists in Europe too, with Musk backing Germany’s AfD.
December 20, 2024 at 9:15 AM
So, Trump wasn’t enough? Now we’re moving on to promoting far-right extremists in Europe too, with Musk backing Germany’s AfD.
The administrator of the Bank of Russia’s Telegram channel does not know the difference between neo-Keynesianism and New Keynesianism:
November 29, 2024 at 2:36 PM
The administrator of the Bank of Russia’s Telegram channel does not know the difference between neo-Keynesianism and New Keynesianism:
November 28, 2024 at 2:31 PM
Russian oligarch Oleg Deripaska suggested in 2020 that employees of the Russian Ministry of Finance and Central Bank should read Stephanie Kelton’s book on MMT.
November 24, 2024 at 4:49 PM
Russian oligarch Oleg Deripaska suggested in 2020 that employees of the Russian Ministry of Finance and Central Bank should read Stephanie Kelton’s book on MMT.
@weisenthal.bsky.social: What Is and Isn’t MMT – A Simple Guide
November 24, 2024 at 3:56 PM
@weisenthal.bsky.social: What Is and Isn’t MMT – A Simple Guide
«At a party where I barely knew anyone, I’d join random groups, listen quietly, nod thoughtfully, and then with zero understanding of the topic, sigh: "Capitalism…" Everyone agreed.»
November 23, 2024 at 7:31 PM
«At a party where I barely knew anyone, I’d join random groups, listen quietly, nod thoughtfully, and then with zero understanding of the topic, sigh: "Capitalism…" Everyone agreed.»
Inflationary? Not quite. Tariffs in the US don’t cause sustained inflation – they create a one-time price level jump. Laundry equipment prices surged ~20% after 2018 tariffs but stabilized soon after.
November 22, 2024 at 10:37 AM
Inflationary? Not quite. Tariffs in the US don’t cause sustained inflation – they create a one-time price level jump. Laundry equipment prices surged ~20% after 2018 tariffs but stabilized soon after.