Americans are learning the difference between consumer wants and needs. 😉
Source date (UTC): 2020-03-23 22:40:32 UTC
Original post: https://twitter.com/i/web/status/1242219708998443012
Theme: Incentives
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( We will know in about 2-3 weeks the direction this will go. if we have italy l
( We will know in about 2-3 weeks the direction this will go. if we have italy levels of impact then opportunities will accumulate as fast as people run out of money food and patience. )
Source date (UTC): 2020-03-21 21:42:19 UTC
Original post: https://twitter.com/i/web/status/1241480281590284290
Reply addressees: @Greg_Tolan @DuchesneRicardo
Replying to: https://twitter.com/i/web/status/1241479869801906176
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Take an example bi-weekly paycheck, with week before issuance. The maximum that
Take an example bi-weekly paycheck, with week before issuance. The maximum that will last is two weeks, and another before panic. Take a weekly paycheck and halve that. People will fall back on family. Interesting things will start happening.
Source date (UTC): 2020-03-19 21:13:13 UTC
Original post: https://twitter.com/i/web/status/1240748183178883072
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STIMULUS BY RATE OF RESPONSE AND EFFECT MONETARY stimulus refers to lowering int
STIMULUS BY RATE OF RESPONSE AND EFFECT
MONETARY stimulus refers to lowering interest rates, quantitative easing, or other ways of increasing the amount of money or credit.
DIRECT stimulus (my term) refers to direct distribution of cash to consumers wh… https://ift.tt/2U2LRVT
Source date (UTC): 2020-03-19 18:38:17 UTC
Original post: https://twitter.com/i/web/status/1240709191930531840
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2) CASH: There are 247M adults. 70% have < 1k in savings. $1k/adult = $247,813,9
2) CASH: There are 247M adults. 70% have < 1k in savings. $1k/adult = $247,813,910,000 or $250 Billion/Month and $2,973,766,920,000 or $3.0 Trillion/Yr,against existing budget of $3.438 Trillion, $4.829T spending w/ $1.4T Debt. So, $1k/adult=.7×2.4T = $173,469,737,000 or $173B.
Source date (UTC): 2020-03-17 16:15:08 UTC
Original post: https://twitter.com/i/web/status/1239948390714224640
Reply addressees: @ezraklein
Replying to: https://twitter.com/i/web/status/1239948318379331585
IN REPLY TO:
Unknown author
@ezraklein 1) They are working on it. Not only what it needs to be but how they have the authority to do it. My understanding is that congress will be the blocking agent.
Original post: https://x.com/i/web/status/1239948318379331585
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Postwar, Meritocratic, Competitive Markets and Trade
Postwar, Meritocratic, Competitive Markets and Trade.
Source date (UTC): 2020-03-17 13:48:34 UTC
Original post: https://twitter.com/i/web/status/1239911507477094400
Reply addressees: @SPQRIUS
Replying to: https://twitter.com/i/web/status/1239910762287714304
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Why did you buy what they made?
Why did you buy what they made?
Source date (UTC): 2020-03-16 23:49:08 UTC
Original post: https://twitter.com/i/web/status/1239700256851402759
Reply addressees: @matlea1066 @SPQRIUS
Replying to: https://twitter.com/i/web/status/1239699268006547466
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Those are questions involving trade offs. Should we have exported industry and t
Those are questions involving trade offs.
Should we have exported industry and tech there? No.
Should we have terminated and repatriated all chinese employees in research and development? Yes.
Why not? Optimism that the Chinese would join the European order as did Japanese.
Source date (UTC): 2020-03-16 23:44:43 UTC
Original post: https://twitter.com/i/web/status/1239699144513642502
Reply addressees: @SPQRIUS
Replying to: https://twitter.com/i/web/status/1239697489575514116
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There are 247M Adults. 70% have < 1k in savings. $1k/adult = $247,813,910,000 or
There are 247M Adults. 70% have < 1k in savings. $1k/adult = $247,813,910,000 or $250 Billion/Month and $2,973,766,920,000 or $3.0 Trillion/Yr, against existing budget of $3.438 Trillion and $4.829T spending w/ $1.4T Debt. So, $1k/adult=.7×2.4T = $173,469,737,000 or $173B.
Source date (UTC): 2020-03-16 18:33:53 UTC
Original post: https://twitter.com/i/web/status/1239620920949592066
Reply addressees: @Lord_Keynes2
Replying to: https://twitter.com/i/web/status/1239620079051870209
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But… That’s $173B that goes directly into the economy, bypassing the financial
But… That’s $173B that goes directly into the economy, bypassing the financial system. So whereas x billions loaned for credit from the treasury, inflates by say ten times (reserve limits), and slowly puts consumers into debt, this rapidly affects spending without rent seekers. https://twitter.com/curtdoolittle/status/1239619365143707648
Source date (UTC): 2020-03-16 18:32:44 UTC
Original post: https://twitter.com/i/web/status/1239620631626428416
https://twitter.com/curtdoolittle/status/1239619365143707648