Tweets

  1. "...corporates are increasingly buying each other’s commercial paper as a way to deploy massive corporate cash piles"

  2. Still interesting, if > complicated, to consider a term structure of nat-rates in relation to the yield curve

  3. I get what you're saying, but is precise measurement required to find it a useful *conceptual* framework?

  4. Clear, short discussion of the cyclical uptick in manufacturing and net exports, by Menzie Chinn:

  5. On the 50th anniversary of LBJ's War on Poverty speech, see a infographic on how it measures poverty

  6. In case you don't want to read the book: 10 revelations in former Def Sec Robert Gates's memoir

  7. The deficit is climbing. Monetary policy is impotent at the ZLB. The effects of higher/lower minimum wage are understood

  8. MT Things are getting weird. First Bitcoin transaction in North Korea: (no, it wasn't by Dennis Rodman)

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