Johannes Borgström
@joborgs.bsky.social
Associate prof at Uppsala University in Programming languages
Swedish econ through an MMT lens - MMT for Sweden
Born at 335 ppm, living in Stockholm 🇸🇪 previously 🇬🇧 🇩🇪 🇨🇭
Private account, he/him, 🌹 🇺🇦 🟣
Swedish econ through an MMT lens - MMT for Sweden
Born at 335 ppm, living in Stockholm 🇸🇪 previously 🇬🇧 🇩🇪 🇨🇭
Private account, he/him, 🌹 🇺🇦 🟣
Reminds me of www.bacharchivleipzig.de/en/bach-arch...
Newly discovered organ works by Johann Sebastian Bach | Bach-Archiv Leipzig
www.bacharchivleipzig.de
November 27, 2025 at 2:30 PM
Reminds me of www.bacharchivleipzig.de/en/bach-arch...
När jag hör namnet Hayek, så osäkrar jag min revolver.
November 27, 2025 at 2:28 PM
När jag hör namnet Hayek, så osäkrar jag min revolver.
All sovereign debt issuance that I know of is the other way around: the sovereign sets the rate and the buyers offer a price.
Hence the difference between "placement" and "revenue" that you noticed.
But above we were talking about the repo facility, where banks borrow liquidity from the CBR.
Hence the difference between "placement" and "revenue" that you noticed.
But above we were talking about the repo facility, where banks borrow liquidity from the CBR.
November 26, 2025 at 4:50 PM
All sovereign debt issuance that I know of is the other way around: the sovereign sets the rate and the buyers offer a price.
Hence the difference between "placement" and "revenue" that you noticed.
But above we were talking about the repo facility, where banks borrow liquidity from the CBR.
Hence the difference between "placement" and "revenue" that you noticed.
But above we were talking about the repo facility, where banks borrow liquidity from the CBR.
No, we're talking about the repo facility. There the commercial banks borow from the central bank (with bonds as security) - nobody is issuing any bonds.
November 26, 2025 at 4:48 PM
No, we're talking about the repo facility. There the commercial banks borow from the central bank (with bonds as security) - nobody is issuing any bonds.
The central bank wants as much interest income as possible, so it selects the offers with the highest rate.
November 25, 2025 at 7:01 PM
The central bank wants as much interest income as possible, so it selects the offers with the highest rate.
The banks are borrowing reserve deposits from the central bank. They pay interest on that loan, and whant to pay as little as possible, i.e., a low rate.
November 25, 2025 at 6:59 PM
The banks are borrowing reserve deposits from the central bank. They pay interest on that loan, and whant to pay as little as possible, i.e., a low rate.
It's still a good number to know: it sounds like a P % chance of rain means that if you pick a random spot in the forecast area to hang out at for the entire relevant period, you should expect a P % chance of being rained on at some point.
(If you move around then you are more likely to find rain.)
(If you move around then you are more likely to find rain.)
November 23, 2025 at 12:11 PM
It's still a good number to know: it sounds like a P % chance of rain means that if you pick a random spot in the forecast area to hang out at for the entire relevant period, you should expect a P % chance of being rained on at some point.
(If you move around then you are more likely to find rain.)
(If you move around then you are more likely to find rain.)
Cf Keynes: "[Changes] in the value of money, that is to say in the level of prices, ... have produced in the past, and are producing now, the vastest social consequences, because, as we all know, when the value of money changes, it does not change equally for all persons or for all purposes."
November 22, 2025 at 9:22 AM
Cf Keynes: "[Changes] in the value of money, that is to say in the level of prices, ... have produced in the past, and are producing now, the vastest social consequences, because, as we all know, when the value of money changes, it does not change equally for all persons or for all purposes."
Reposted by Johannes Borgström
me: oh god it can't get worse can it
roblox ceo: we are innovating ways to get kids addicted to gambling
roblox ceo: we are innovating ways to get kids addicted to gambling
November 21, 2025 at 5:35 PM
me: oh god it can't get worse can it
roblox ceo: we are innovating ways to get kids addicted to gambling
roblox ceo: we are innovating ways to get kids addicted to gambling
Surgical masks were recommended if you had to travel by public transport during rush hours, for half a year starting in January 2021.
November 16, 2025 at 6:10 PM
Surgical masks were recommended if you had to travel by public transport during rush hours, for half a year starting in January 2021.
In Sweden the work-from-home recommendations were first issued on 16 March 2020, and in-person secondary and tertiary education was mostly prohibited from 17 March for more than a year.
The vaccine passports were used only for large public events during the Omicron wave - I never had use for one.
The vaccine passports were used only for large public events during the Omicron wave - I never had use for one.
November 16, 2025 at 5:59 PM
In Sweden the work-from-home recommendations were first issued on 16 March 2020, and in-person secondary and tertiary education was mostly prohibited from 17 March for more than a year.
The vaccine passports were used only for large public events during the Omicron wave - I never had use for one.
The vaccine passports were used only for large public events during the Omicron wave - I never had use for one.
"A mass decision to take a long vacation."
www.econlib.org/library/Enc/...
www.econlib.org/library/Enc/...
New Classical Macroeconomics - Econlib
After Keynesian Macroeconomics The new classical macroeconomics is a school of economic thought that originated in the early 1970s in the work of economists centered at the Universities of Chicago and...
www.econlib.org
November 15, 2025 at 9:58 AM
"A mass decision to take a long vacation."
www.econlib.org/library/Enc/...
www.econlib.org/library/Enc/...
That's a plain lie - the ruling does not stop USDA from making any payments.
It stays the court order forcing them to make the SNAP payments, but does not in any way stop USDA from paying out if they decide to do so.
Put the blame where it properly belongs!
It stays the court order forcing them to make the SNAP payments, but does not in any way stop USDA from paying out if they decide to do so.
Put the blame where it properly belongs!
November 8, 2025 at 10:22 AM
That's a plain lie - the ruling does not stop USDA from making any payments.
It stays the court order forcing them to make the SNAP payments, but does not in any way stop USDA from paying out if they decide to do so.
Put the blame where it properly belongs!
It stays the court order forcing them to make the SNAP payments, but does not in any way stop USDA from paying out if they decide to do so.
Put the blame where it properly belongs!
November 8, 2025 at 9:08 AM
That's a plain lie - the ruling does not stop USDA from making any payments.
It stays the court order forcing them to make the SNAP payments, but does not in any way stop USDA from paying out if they decide to do so.
Put the blame where it properly belongs!
It stays the court order forcing them to make the SNAP payments, but does not in any way stop USDA from paying out if they decide to do so.
Put the blame where it properly belongs!
Team Eh-ndrah reporting, from Stockholm.
November 6, 2025 at 3:27 PM
Team Eh-ndrah reporting, from Stockholm.
Reposted by Johannes Borgström
I’ve joked before that Rationalism is to Silicon Valley as Scientology is to Hollywood.
And that’s… not a joke, actually.
The rationalist community is very influential and more than a little cult like.
Eliezer Yudkowsky is the L. Ron Hubbard of rationalism.
This book is his Battlefield Earth
And that’s… not a joke, actually.
The rationalist community is very influential and more than a little cult like.
Eliezer Yudkowsky is the L. Ron Hubbard of rationalism.
This book is his Battlefield Earth
October 16, 2025 at 2:21 PM
I’ve joked before that Rationalism is to Silicon Valley as Scientology is to Hollywood.
And that’s… not a joke, actually.
The rationalist community is very influential and more than a little cult like.
Eliezer Yudkowsky is the L. Ron Hubbard of rationalism.
This book is his Battlefield Earth
And that’s… not a joke, actually.
The rationalist community is very influential and more than a little cult like.
Eliezer Yudkowsky is the L. Ron Hubbard of rationalism.
This book is his Battlefield Earth
Justja, det var inte för 25 år@sedan, utan 35. Rätt stor andel, i alla fall.
November 1, 2025 at 1:36 PM
Justja, det var inte för 25 år@sedan, utan 35. Rätt stor andel, i alla fall.
Jag skulle tro att c:a 25% av befolkningen har minskat sina utsläpp till 0 på individnivå sedan 1990 (dvs dött).
November 1, 2025 at 1:35 PM
Jag skulle tro att c:a 25% av befolkningen har minskat sina utsläpp till 0 på individnivå sedan 1990 (dvs dött).
Required reserves are not really required, it seems...
October 29, 2025 at 6:47 PM
Required reserves are not really required, it seems...
Kanske, men specialdomstolar typ Arbetsdomstolen (t ex OSHRC) är inte undantagna, så de är helstängda. en.wikipedia.org/wiki/Federal...
Och de som jobbar gör det utan lön, i hopp om att få den utbetald retroaktivt i nästa budget: "Excepted work will be performed without pay during the funding lapse"
Och de som jobbar gör det utan lön, i hopp om att få den utbetald retroaktivt i nästa budget: "Excepted work will be performed without pay during the funding lapse"
October 29, 2025 at 9:40 AM
Kanske, men specialdomstolar typ Arbetsdomstolen (t ex OSHRC) är inte undantagna, så de är helstängda. en.wikipedia.org/wiki/Federal...
Och de som jobbar gör det utan lön, i hopp om att få den utbetald retroaktivt i nästa budget: "Excepted work will be performed without pay during the funding lapse"
Och de som jobbar gör det utan lön, i hopp om att få den utbetald retroaktivt i nästa budget: "Excepted work will be performed without pay during the funding lapse"