@sspin.bsky.social
I agree w/ Chairman Powell that it is a close call. And that one can make a very good faith, well reasoned argument for either staying put or reducing FF closer to a neutral rate. I can also make a good faith argument that reducing even further than 25 bp. I don’t think Miran is acting in good faith
Not an easy position to be in for a FOMC member over the coming weeks. The current policy is above the long term neutral rate. The labor market is weakening considerably. But changes in the price level are above its explicit target & trending further away.
December 10, 2025 at 7:54 PM
I agree w/ Chairman Powell that it is a close call. And that one can make a very good faith, well reasoned argument for either staying put or reducing FF closer to a neutral rate. I can also make a good faith argument that reducing even further than 25 bp. I don’t think Miran is acting in good faith
@umichbball.bsky.social only needed a half to get to a 30 point cushion against Nova. What this squad is doing right now is really something else. It’s a joy to watch. #GoBlue
December 10, 2025 at 12:22 AM
@umichbball.bsky.social only needed a half to get to a 30 point cushion against Nova. What this squad is doing right now is really something else. It’s a joy to watch. #GoBlue
I know I shouldn’t be surprised anymore by any actions taken by the Roberts Court…but this is really dark that (at least) 4 justices insisted on granting cert here. Really ominous.
December 5, 2025 at 7:30 PM
I know I shouldn’t be surprised anymore by any actions taken by the Roberts Court…but this is really dark that (at least) 4 justices insisted on granting cert here. Really ominous.
Of course this shouldn’t be necessary if it weren’t for the inhumane priorities and behavior of our government. But in so far as it is - these nanas for liberty are role models and exemplify the best of American values.
Page One in Cincinnati:
“.. I need to be able to look my grandkids in the eye and say I did not remain silent.”
#ICE
“.. I need to be able to look my grandkids in the eye and say I did not remain silent.”
#ICE
November 26, 2025 at 2:20 AM
Of course this shouldn’t be necessary if it weren’t for the inhumane priorities and behavior of our government. But in so far as it is - these nanas for liberty are role models and exemplify the best of American values.
It was the right thing to do. In so far as Nixon deserves criticism it’s for baiting JFK to promise his admin wouldn’t do so more than a decade earlier.
On August 15, 1971, Richard Nixon announced that the U.S. was ditching the gold standard and also imposed a 90 day freeze on wage (and price) increases for all jobs nationwide.
Amazingly, 73% of those polled approved of these moves. Totally unimaginable today.
Amazingly, 73% of those polled approved of these moves. Totally unimaginable today.
November 19, 2025 at 8:29 PM
It was the right thing to do. In so far as Nixon deserves criticism it’s for baiting JFK to promise his admin wouldn’t do so more than a decade earlier.
It’s one thing to make a highly irresponsible loan for dubious (foreign aid isn’t dubious. Neither is helping the people of Argentina. But seeking to influence their elections. In this manner. Is.) purposes. It is something else entirely to give (not lend) a foreign gov money.
Unusual. Extraordinary. These words do not capture what was just announced by Sec Bessent. Arg isn’t a country w/ ample USD reserves (typical of nations participating in a USD ‘swap line’). Argentina has negative USD reserves. And the ARS is no EUR, CAD, GBP, JPY as a stable store of value.
October 9, 2025 at 7:55 PM
It’s one thing to make a highly irresponsible loan for dubious (foreign aid isn’t dubious. Neither is helping the people of Argentina. But seeking to influence their elections. In this manner. Is.) purposes. It is something else entirely to give (not lend) a foreign gov money.
Unusual. Extraordinary. These words do not capture what was just announced by Sec Bessent. Arg isn’t a country w/ ample USD reserves (typical of nations participating in a USD ‘swap line’). Argentina has negative USD reserves. And the ARS is no EUR, CAD, GBP, JPY as a stable store of value.
October 9, 2025 at 7:41 PM
Unusual. Extraordinary. These words do not capture what was just announced by Sec Bessent. Arg isn’t a country w/ ample USD reserves (typical of nations participating in a USD ‘swap line’). Argentina has negative USD reserves. And the ARS is no EUR, CAD, GBP, JPY as a stable store of value.
Reposted
This Sukkot, our hope is that everyone across this land soon dismantle their temporary structures and find home again. May every single family soon live in permanent safety and peace.
October 6, 2025 at 1:44 PM
This Sukkot, our hope is that everyone across this land soon dismantle their temporary structures and find home again. May every single family soon live in permanent safety and peace.
It’s pretty simple. Borrowing costs are a function of both perceived capability & perceived willingness to pay. Neither entity is perceived as incapable of paying while the board of Microsoft is perceived as much more trustworthy in its willingness to pay than the leadership of the US gov at present
September 30, 2025 at 1:12 AM
It’s pretty simple. Borrowing costs are a function of both perceived capability & perceived willingness to pay. Neither entity is perceived as incapable of paying while the board of Microsoft is perceived as much more trustworthy in its willingness to pay than the leadership of the US gov at present
Years ago I would piggy back on this w/ some snark like ״ליגה אחרת״ באמת.
But truth be told there is nothing funny about this moment in time. He’s an outlaw. A war criminal.
But truth be told there is nothing funny about this moment in time. He’s an outlaw. A war criminal.
Sadly, it's a widespread issue. Since COVID class attendance really dropped, students don't show up. Maybe move to zoom or provide short recorded lectures
September 26, 2025 at 7:25 PM
Years ago I would piggy back on this w/ some snark like ״ליגה אחרת״ באמת.
But truth be told there is nothing funny about this moment in time. He’s an outlaw. A war criminal.
But truth be told there is nothing funny about this moment in time. He’s an outlaw. A war criminal.
All four of these ladies tonight have been playing outstanding tennis. Sinner & Alcaraz justifiably deserve all the accolades they are receiving for raising the men’s game after the soaring heights of the big 3. But we are also seeing the women’s game better than ever. Two fantastic semis.
September 5, 2025 at 4:17 AM
All four of these ladies tonight have been playing outstanding tennis. Sinner & Alcaraz justifiably deserve all the accolades they are receiving for raising the men’s game after the soaring heights of the big 3. But we are also seeing the women’s game better than ever. Two fantastic semis.
Proud of this one
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August 31, 2025 at 3:57 PM
Proud of this one
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🤬🤬🤬
1) I for one doubt this. You’ve produced 0 evidenced.
2) There’s 19 members, 12 that are voting at any given time but there are 100s of staff employed in the Federal Reserve System to make decisions concerning monetary policy and financial stability.
3) most importantly…
1) I for one doubt this. You’ve produced 0 evidenced.
2) There’s 19 members, 12 that are voting at any given time but there are 100s of staff employed in the Federal Reserve System to make decisions concerning monetary policy and financial stability.
3) most importantly…
Vance on undermining the Federal Reserve: "I don't think we allow bureaucrats to make decisions about monetary policy and interest rates without any input from the people that were elected to serve the American people...POTUS is much better able to make these determinations."
August 28, 2025 at 10:43 PM
🤬🤬🤬
1) I for one doubt this. You’ve produced 0 evidenced.
2) There’s 19 members, 12 that are voting at any given time but there are 100s of staff employed in the Federal Reserve System to make decisions concerning monetary policy and financial stability.
3) most importantly…
1) I for one doubt this. You’ve produced 0 evidenced.
2) There’s 19 members, 12 that are voting at any given time but there are 100s of staff employed in the Federal Reserve System to make decisions concerning monetary policy and financial stability.
3) most importantly…
Kudos to Lisa Abramowicz for asking James Bullard on the air about the attacks and threats made on FOMC members. It's not enough that such actions are maligned off the record. It needs to be condemned forcefully on the record.
Bullard's on air answer was shameful and wholly disqualifying.
Bullard's on air answer was shameful and wholly disqualifying.
August 22, 2025 at 2:52 PM
Kudos to Lisa Abramowicz for asking James Bullard on the air about the attacks and threats made on FOMC members. It's not enough that such actions are maligned off the record. It needs to be condemned forcefully on the record.
Bullard's on air answer was shameful and wholly disqualifying.
Bullard's on air answer was shameful and wholly disqualifying.
Yeah little ambiguity as to why it is that Fed Governor Cook of all her colleagues is the Gov that Miller & Vought have identified as their test case for their scheme to sabotage the composition of the FOMC.
August 20, 2025 at 1:15 PM
Yeah little ambiguity as to why it is that Fed Governor Cook of all her colleagues is the Gov that Miller & Vought have identified as their test case for their scheme to sabotage the composition of the FOMC.
Dostoyevsky
Here’s a question: who is the artist with politics you disagree strongly with, whose politics *do* (in your view) influence their art, that you still think is talented and whose work you enjoy?
August 9, 2025 at 4:25 PM
Dostoyevsky
Calling this an insult to injury isn’t doing it justice. We are depriving our friends & neighbors who have been willing to make the ultimate sacrifice on all of our behalf if need be of their livelihood & depriving them of their accrued savings on top. It’s outrageous. Shanda
BREAKING: The U.S. Air Force has decided to deny early retirement options for transgender service members with 15 to 18 years of service.
US Air Force to deny retirement pay to transgender service members being separated from the service
The U.S. Air Force has decided to deny early retirement options for transgender service members with 15 to 18 years of service.
bit.ly
August 7, 2025 at 9:22 PM
Calling this an insult to injury isn’t doing it justice. We are depriving our friends & neighbors who have been willing to make the ultimate sacrifice on all of our behalf if need be of their livelihood & depriving them of their accrued savings on top. It’s outrageous. Shanda
This is a relief. Miran is insane. He’ll just be a lone voice of 19 in FOMC meetings & I gather won’t really have much influence on other members for a few meetings. Having him there permanently would be a major distraction. Having him chair the committee would be a recipe for dysfunction.
August 7, 2025 at 8:13 PM
This is a relief. Miran is insane. He’ll just be a lone voice of 19 in FOMC meetings & I gather won’t really have much influence on other members for a few meetings. Having him there permanently would be a major distraction. Having him chair the committee would be a recipe for dysfunction.
Uh this is as close to a worst case scenario as can be (presuming it’s to give him a spot on the board so that he can then be elevated to chair). Worst than even Shelton & Moore from last term. It’s a recipe for dysfunction & a breakdown in what had been consensus governance by the FOMC.
August 7, 2025 at 7:56 PM
Uh this is as close to a worst case scenario as can be (presuming it’s to give him a spot on the board so that he can then be elevated to chair). Worst than even Shelton & Moore from last term. It’s a recipe for dysfunction & a breakdown in what had been consensus governance by the FOMC.
lol I didn’t even include in here any considerations from debt auctions on schedule (which bc of debt ceiling shenanigans earlier in the year are elevated). Obviously changes to baseline gov spending in the near term only makes the decision even harder.
August 1, 2025 at 1:27 PM
lol I didn’t even include in here any considerations from debt auctions on schedule (which bc of debt ceiling shenanigans earlier in the year are elevated). Obviously changes to baseline gov spending in the near term only makes the decision even harder.
Not an easy position to be in for a FOMC member over the coming weeks. The current policy is above the long term neutral rate. The labor market is weakening considerably. But changes in the price level are above its explicit target & trending further away.
August 1, 2025 at 1:21 PM
Not an easy position to be in for a FOMC member over the coming weeks. The current policy is above the long term neutral rate. The labor market is weakening considerably. But changes in the price level are above its explicit target & trending further away.
Damn, tough way for a streak to fall.
August 1, 2025 at 11:18 AM
Damn, tough way for a streak to fall.
Reposted
Stop the war now
Statement by the Dept of Middle Eastern Studies, BGU
Israel's policy in Gaza and the type of warfare there exceed all human or legal standards. The Israeli policy is making Gaza a place unfit for living and has led to the killing of tens of thousands of innocent people....
1/
Statement by the Dept of Middle Eastern Studies, BGU
Israel's policy in Gaza and the type of warfare there exceed all human or legal standards. The Israeli policy is making Gaza a place unfit for living and has led to the killing of tens of thousands of innocent people....
1/
July 31, 2025 at 2:37 PM
Stop the war now
Statement by the Dept of Middle Eastern Studies, BGU
Israel's policy in Gaza and the type of warfare there exceed all human or legal standards. The Israeli policy is making Gaza a place unfit for living and has led to the killing of tens of thousands of innocent people....
1/
Statement by the Dept of Middle Eastern Studies, BGU
Israel's policy in Gaza and the type of warfare there exceed all human or legal standards. The Israeli policy is making Gaza a place unfit for living and has led to the killing of tens of thousands of innocent people....
1/
Reposted
It's really really really important that people don't forget that Democrats contributed to the demonization of immigrants.
They spent 2 or 3 years trying to pretend that they were as tough as Republicans, thereby validating the slander spread by the right.
This led directly to where we are.
They spent 2 or 3 years trying to pretend that they were as tough as Republicans, thereby validating the slander spread by the right.
This led directly to where we are.
August 1, 2025 at 12:24 AM
It's really really really important that people don't forget that Democrats contributed to the demonization of immigrants.
They spent 2 or 3 years trying to pretend that they were as tough as Republicans, thereby validating the slander spread by the right.
This led directly to where we are.
They spent 2 or 3 years trying to pretend that they were as tough as Republicans, thereby validating the slander spread by the right.
This led directly to where we are.
We already have a free trade agreement w/ Mexico. It carries the weight of a treaty ratified by the US Senate. It has been & will continue to be unconstitutional to impose tariffs no matter the bs pretext 😡 cites.
We have one w/ SK too for the matter not that Thune or SCOTUS have an oz of integrity
We have one w/ SK too for the matter not that Thune or SCOTUS have an oz of integrity
July 31, 2025 at 12:31 AM
We already have a free trade agreement w/ Mexico. It carries the weight of a treaty ratified by the US Senate. It has been & will continue to be unconstitutional to impose tariffs no matter the bs pretext 😡 cites.
We have one w/ SK too for the matter not that Thune or SCOTUS have an oz of integrity
We have one w/ SK too for the matter not that Thune or SCOTUS have an oz of integrity