Reposted by James YoungJames Young @jamesyo43532848.bsky.social · 19/12/2024It's the BLS that is in the Alternate Universe 111 0
James Young @jamesyo43532848.bsky.social · 19/12/2024It's the BLS that is in the Alternate Universe 111 0
James Young @jamesyo43532848.bsky.social · 18/12/2024With "Difusion" the shape can change but not the quantity of gas... 410 0
Reposted by James YoungJames Young @jamesyo43532848.bsky.social · 05/12/2024The question is..."why is America so good at creating Wealth with no output?". The Answer is that Assets=Liabilities A trade deficit is a Liability (Private Debt) There is also a cyclical illusion of GDP growth (& productivity) caused by the mining cycle (falling marginal cost of Oil.) 432 0
James Young @jamesyo43532848.bsky.social · 05/12/2024The question is..."why is America so good at creating Wealth with no output?". The Answer is that Assets=Liabilities A trade deficit is a Liability (Private Debt) There is also a cyclical illusion of GDP growth (& productivity) caused by the mining cycle (falling marginal cost of Oil.) 432 0
James Young @jamesyo43532848.bsky.social · 05/12/2024www.youtube.com/watch?v=j7K7...youtube.comWho Owns the National Debt?YouTube video by Richard Vague 000 0
James Young @jamesyo43532848.bsky.social · 05/12/2024ALL of America's inflation problems are PRECEDED by Wealth Without Output! 100 0
Reposted by James YoungDario Perkins @darioperkins.bsky.social · 05/12/2024You gotta love the irony in macro. Ignore the banks -they blow themselves up. Worry about inflation being too low, it hits 50-year highs. Ask for fiscal stimulus, now you cant rein it in. Core euro lectures the periphery for a decade, now they're the ones with the shit economies & unstable politics. 24311 0
Reposted by James YoungMohamed A. El-Erian @elerianm.bsky.social · 03/12/2024The yield on China's 10-year bond is now trading below 2%. It has gotten there in a manner that should worry the Chinese government, and it has led some analysts to refer to the "Japanification" of China. #economy #markets #China #bonds 22811 0
James Young @jamesyo43532848.bsky.social · 05/12/2024www.frbsf.org/research-and...frbsf.orgHow Quickly Do Prices Respond to Monetary Policy? - San Francisco FedWith inflation still above the Federal Reserve’s 2% objective, there is renewed interest in understanding how quickly federal funds rate hikes typically affect inflation. Beyond monetary policy’s well... 000 0
