iiinova — where your digital self keeps evolving

Reposted by Eric Lonergan

Sonia @soniatelesf.bsky.social · 01/11/2025

A única maneira de ler este livro é com uma caneta daquelas ao lado e a tentar não hiperventilar. Jesus Fucking Christ. Leiam. Leiam. Leiam. E os autores andam por aqui @mkblyth.bsky.social e @ericlonners.bsky.social ✊

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Reposted by Eric Lonergan

Intereconomics @intereconomics.bsky.social · 15/10/2025

Our September/October issue is out now, w/ articles by @adamtooze.bsky.social, @iangoldin.bsky.social, @ericlonners.bsky.social, @margitschratz.bsky.social, @heimbergecon.bsky.social, @monika-schnitzer.com, @prof-peacock.bsky.social et al. Read the full issue at www.intereconomics.eu/archive/year...

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Eric Lonergan @ericlonners.bsky.social · 09/03/2025

Tier. Magnitude, BoJ. Interest rate, ECB. Also ring fence balance sheet and stop making transfers/adjusting net debt. It’s absurd, and dominating fiscal policy.

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Eric Lonergan @ericlonners.bsky.social · 08/03/2025

Why ignore the biggest discretionary line item, which can go at the stroke of a pen: IoR?

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Eric Lonergan @ericlonners.bsky.social · 08/03/2025

If this is America’s Brexit, there is one big difference: they are not blaming ‘remainers’ for it going wrong. They are explicitly owning it.

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Eric Lonergan @ericlonners.bsky.social · 03/02/2025

Someone also tell him there are lots of alternatively safety assets to Treasuries, and BTC ain’t one of them 😂

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Eric Lonergan @ericlonners.bsky.social · 03/02/2025

Someone tell Trump he’s threatening the capital account surplus.

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

1) The British public (via the Bank of England) pays base rate on bank reserves. Roughly £38bn annually. This is optional. Why?

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

There are multiple town squares. Why go to the one where the guy with a megaphone drowns out everyone else?

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

Did anyone listening to BoE testimony at the treasury select committee today. Apparently a ‘quirk’ in our accounting is costing the UK around £38bn a year. 🤫

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Reposted by Eric Lonergan

Jay 🦋 @jay.bsky.team · 19/11/2024

Bluesky now has over 20M people!! 🎉 We've been adding over a million users per day for the last few days. To celebrate, here are 20 fun facts about Bluesky:

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

7) Not necessarily a bad thing - may explain avoiding recession: fiscal deficit = private sector surplus, monetary tightening easier to absorb.

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

6) Fiscal stimulus at full employment raises real rates across the yield curve.

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

5) Fiscal policy stance has only really change in US, since Covid. US is only major economy to back running economy hot - via fiscal policy. Real rates now at a critical juncture.

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

4) Is anything really changing to buck this trend?

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

3) Europe has replicated (sort of) Japan … so (bizarrely) has China.

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

2) Root cause may be private sector preferences/demography: Japan clearest example of arithmetic - if private sector runs surplus, public sector runs deficit.

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

1) Global developed market time series of the last 30 years show that as public sector debt/GDP ratios rise, real interest rates decline.

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Eric Lonergan @ericlonners.bsky.social · 19/11/2024

Might be possible to have an intelligent debt/deficits discussion here … thinking out loud:

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Reposted by Eric Lonergan

Torsten Bell @torstenbell.bsky.social · 19/11/2024

So much misinformation around today on who will be affected by changes to inheritance tax - and lobbyists pretending the data isn't clear to obfuscate. We have detailed data on estates so the truth is in fact very clear if you care to look 🧵

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Eric Lonergan @ericlonners.bsky.social · 18/11/2024

Trump actually outspent Kamala 40:1.

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Eric Lonergan @ericlonners.bsky.social · 18/11/2024

Evening. Good times … hope all is well!

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Eric Lonergan @ericlonners.bsky.social · 18/11/2024

Free speech is premised on good faith.

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Eric Lonergan @ericlonners.bsky.social · 18/11/2024

Checks and balances include the bond market. Thankfully.

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