dlawbailey.bsky.social
MMT is the Loneliest Acronym
👤 Joined on 19 November 2024
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- 19 Kas 2024, 08:09
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Great piece from @bhgreeley.bsky.social www.ft.com/content/be34... There’s no such thing as the petrodollar
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Markets run on trust. Not sentiment. Not confidence. Trust. The belief that the system will behave consistently enough to be worth participating in. When that belief erodes, people don't panic. They just quietly stop showing up. #econsky
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Do they not remember why those rules were put in place in 2008, 2009, and 2010? #EconSky
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Tariffs boomerang; Americans pay most. #econsky
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