but the two year?
Realization that Hassett will promote inflationary policy.
December 1, 2025 at 7:10 PM
but the two year?
Reposted by Wealth of Nations
Watched football at a bar for the first time in years this weekend.
Turns out you can really fake your way through it by saying “big third down here” every few minutes.
Turns out you can really fake your way through it by saying “big third down here” every few minutes.
December 1, 2025 at 1:42 PM
Watched football at a bar for the first time in years this weekend.
Turns out you can really fake your way through it by saying “big third down here” every few minutes.
Turns out you can really fake your way through it by saying “big third down here” every few minutes.
Reposted by Wealth of Nations
amazing three years since that google emergency “code red” board meeting
November 25, 2025 at 4:15 PM
amazing three years since that google emergency “code red” board meeting
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While I earnestly wanted to discuss the fundamentals of bitcoin, @mpurves.bsky.social had some very good points on the technicals sherwood.news/markets/bitc...
November 24, 2025 at 1:36 PM
While I earnestly wanted to discuss the fundamentals of bitcoin, @mpurves.bsky.social had some very good points on the technicals sherwood.news/markets/bitc...
Reposted by Wealth of Nations
Coming up in a half hour! quincyinst.org/events/book-...
Book Talk | The Great Global Transformation: The United States, China, and the Remaking of the World Economic Order
A discussion of Branko Milanović's new book.
quincyinst.org
November 19, 2025 at 4:24 PM
Coming up in a half hour! quincyinst.org/events/book-...
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Right like I don’t really worry about what will happen to GOOGL AMZN MSFT when this all goes pear shaped but NVDA META ORCL??? 😬😬😬
November 8, 2025 at 4:39 AM
Right like I don’t really worry about what will happen to GOOGL AMZN MSFT when this all goes pear shaped but NVDA META ORCL??? 😬😬😬
Reposted by Wealth of Nations
Do read the story. The potential mismatch between $ capital needs and the useful life of the resultant physical capital stock is the central conundrum here?
September 26, 2025 at 11:47 PM
Do read the story. The potential mismatch between $ capital needs and the useful life of the resultant physical capital stock is the central conundrum here?
Reposted by Wealth of Nations
So Roberts & Gorsuch questions will be extra interesting.
Today will be a test of my theory that the Federalist Society did not spend years and millions to elevate judges who believed in deregulating everything a corporation does only to have them fold to a government that believes in regulating everything a corporation does that happens to cross a border.
November 5, 2025 at 4:19 PM
So Roberts & Gorsuch questions will be extra interesting.
Reposted by Wealth of Nations
Man I really wish people didn’t just default to the GFC as the example for every situation involving financial engineering. Because this looks really different in a number of important ways!
November 4, 2025 at 12:01 AM
Man I really wish people didn’t just default to the GFC as the example for every situation involving financial engineering. Because this looks really different in a number of important ways!
Reposted by Wealth of Nations
heads up to anyone following in nyc: i am playing a show in the lower east side tn
www.knittingfactory.com/tm-event/lig...
www.knittingfactory.com/tm-event/lig...
Light Sweet Crude - Knitting Factory
www.knittingfactory.com
October 18, 2025 at 8:27 PM
heads up to anyone following in nyc: i am playing a show in the lower east side tn
www.knittingfactory.com/tm-event/lig...
www.knittingfactory.com/tm-event/lig...
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Huge congratulations to the new President of Queens' College, Cambridge University, Dame Menna Rawlings!
Wishing her great success as she leads this truly special institution dedicated to exceptional teaching, research, and fellowship.
Wishing her great success as she leads this truly special institution dedicated to exceptional teaching, research, and fellowship.
September 30, 2025 at 5:24 PM
Huge congratulations to the new President of Queens' College, Cambridge University, Dame Menna Rawlings!
Wishing her great success as she leads this truly special institution dedicated to exceptional teaching, research, and fellowship.
Wishing her great success as she leads this truly special institution dedicated to exceptional teaching, research, and fellowship.
Reposted by Wealth of Nations
Term premium is the added compensation that investors demand for fear that appointees to a nominally independent central bank might withdraw or be fired on some pretext before the end of their term.
August 26, 2025 at 2:39 AM
Term premium is the added compensation that investors demand for fear that appointees to a nominally independent central bank might withdraw or be fired on some pretext before the end of their term.
Reposted by Wealth of Nations
These are not the same thing? Either they believe dodgy crossborder $ wanters will push bill rates down enough that traditional bill holders are pushed into duration OR an assumption that stablecoin issuer economics will push them into duration despite regulation & risks?
August 20, 2025 at 1:13 PM
These are not the same thing? Either they believe dodgy crossborder $ wanters will push bill rates down enough that traditional bill holders are pushed into duration OR an assumption that stablecoin issuer economics will push them into duration despite regulation & risks?
Reposted by Wealth of Nations
Lotta weak data out there, per @mpurves.bsky.social
August 11, 2025 at 11:38 AM
Lotta weak data out there, per @mpurves.bsky.social
Reposted by Wealth of Nations
This notion that tariffs create a dual-priced market where imports are more expensive but US-made goods remain cheap is dead wrong. The domestic supply curve is upward-sloping. If demand for domestic-made goods increases, yes, US producers gain market share, but they also charge more.
August 3, 2025 at 1:06 PM
This notion that tariffs create a dual-priced market where imports are more expensive but US-made goods remain cheap is dead wrong. The domestic supply curve is upward-sloping. If demand for domestic-made goods increases, yes, US producers gain market share, but they also charge more.
Reposted by Wealth of Nations
flip of a copper penny anyway
July 8, 2025 at 6:23 PM
flip of a copper penny anyway
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If you don’t want to read almost 4000 words in the pinned tweet (but I think you should), here’s 380 saying some of the same things. on.ft.com/3TZH9GE Letter: The contradictions at the heart of Washington’s dollar policy
Letter: The contradictions at the heart of Washington’s dollar policy
From Karthik Sankaran, Senior Research Fellow, Geoeconomics, Global South Programme, Quincy Institute for Responsible Statecraft, Washington, DC, US
on.ft.com
July 7, 2025 at 1:07 PM
If you don’t want to read almost 4000 words in the pinned tweet (but I think you should), here’s 380 saying some of the same things. on.ft.com/3TZH9GE Letter: The contradictions at the heart of Washington’s dollar policy
Reposted by Wealth of Nations
June 27, 2025 at 8:07 PM
Reposted by Wealth of Nations
hah that's great!!
love that you remember it so well. I can't even recall who i went with. I do think I bought a t-shirt though!
love that you remember it so well. I can't even recall who i went with. I do think I bought a t-shirt though!
June 11, 2025 at 6:13 PM
hah that's great!!
love that you remember it so well. I can't even recall who i went with. I do think I bought a t-shirt though!
love that you remember it so well. I can't even recall who i went with. I do think I bought a t-shirt though!
Reposted by Wealth of Nations
I think there’s only one man in this world who truly thinks it’s old fashioned and I’m not sure he’s ever gone grocery shopping.
May 30, 2025 at 10:17 PM
I think there’s only one man in this world who truly thinks it’s old fashioned and I’m not sure he’s ever gone grocery shopping.
Reposted by Wealth of Nations
Every Democrat will be asked over and over about Biden and until the public feels satisfied the questions won’t stop.
May 15, 2025 at 2:24 AM
Every Democrat will be asked over and over about Biden and until the public feels satisfied the questions won’t stop.
Reposted by Wealth of Nations
Another thing is that Carstens and Fraga were central bankers so Powell fits that bulwark role more closer. And Bessent seems to share many of Trump’s overall ideas on remaking the international economy, while Meirelles was much more attached to orthodoxy relative to Lula.
This is a classic emerging market role : Simsek, but before this Fraga in Brazil, Ulukayev in Russia, Carstens in Mexico… there is always a good guy, but it does not mean there is always a good policy …
May 10, 2025 at 2:49 PM
Another thing is that Carstens and Fraga were central bankers so Powell fits that bulwark role more closer. And Bessent seems to share many of Trump’s overall ideas on remaking the international economy, while Meirelles was much more attached to orthodoxy relative to Lula.
Reposted by Wealth of Nations
As Simsek, the problem is that the policies are just not investors / economy friendly. You cannot reconcile tariffs and unpredictability with a long term reduction in risk premium ( multiplier ) or increase in growth ->earnings. Trump 2.0 is just not good for markets / US assets
May 10, 2025 at 2:23 PM
As Simsek, the problem is that the policies are just not investors / economy friendly. You cannot reconcile tariffs and unpredictability with a long term reduction in risk premium ( multiplier ) or increase in growth ->earnings. Trump 2.0 is just not good for markets / US assets
Reposted by Wealth of Nations
Since social media has fragmented and gotten worse and real convos have moved to groupchats has that made the big talking heads (thinking podcasts here) more influential than they were 5-7 years ago when Twitter was so dominant?
May 9, 2025 at 2:11 AM
Since social media has fragmented and gotten worse and real convos have moved to groupchats has that made the big talking heads (thinking podcasts here) more influential than they were 5-7 years ago when Twitter was so dominant?
Reposted by Wealth of Nations
We have a new pope with XIV in the name on the day the VIX curve uninverts for the first time in 28 sessions.
Does more than Descartes for proving the existence of God.
Does more than Descartes for proving the existence of God.
Roman Catholic cardinals selected U.S. Cardinal Robert Prevost as the new pope on Thursday. Prevost chose the papal name Leo XIV.
Cardinals pick new pope as white smoke seen at Vatican
A huge crowd in St. Peter's Square awaited the announcement of the name of the new Roman Catholic pope.
cnb.cx
May 8, 2025 at 5:41 PM
We have a new pope with XIV in the name on the day the VIX curve uninverts for the first time in 28 sessions.
Does more than Descartes for proving the existence of God.
Does more than Descartes for proving the existence of God.