Summary:
Philip Pilkington turns the page on MMT?https://twitter.com/philippilk/status/1772538175564447823 The US, like the UK, can’t go broke in their own currency. But if foreign lenders don’t buy into net bond issuance, USD will have to adjust to shrink the trade deficit. This will put upward pressure on inflation and is what the UK faced under Truss. Will Trump get Trussed?… pic.twitter.com/fDuYrC3Gzx— Philip Pilkington (@philippilk) March 26, 2024
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Philip Pilkington turns the page on MMT?https://twitter.com/philippilk/status/1772538175564447823 The US, like the UK, can’t go broke in their own currency. But if foreign lenders don’t buy into net bond issuance, USD will have to adjust to shrink the trade deficit. This will put upward pressure on inflation and is what the UK faced under Truss. Will Trump get Trussed?… pic.twitter.com/fDuYrC3Gzx— Philip Pilkington (@philippilk) March 26, 2024
Topics:
Mike Norman considers the following as important:
This could be interesting, too:
Lars Pålsson Syll writes Andreas Cervenka och den svenska bostadsbubblan
Mike Norman writes Trade deficit
Merijn T. Knibbe writes Christmas thoughts about counting the dead in zones of armed conflict.
Lars Pålsson Syll writes Debunking the balanced budget superstition
Philip Pilkington turns the page on MMT?
https://twitter.com/philippilk/status/1772538175564447823
The US, like the UK, can’t go broke in their own currency. But if foreign lenders don’t buy into net bond issuance, USD will have to adjust to shrink the trade deficit. This will put upward pressure on inflation and is what the UK faced under Truss. Will Trump get Trussed?… pic.twitter.com/fDuYrC3Gzx
— Philip Pilkington (@philippilk) March 26, 2024