economics
Imported tag from Readwise
economics
Imported tag from Readwise
A devaluation will most certainly cause a shift in Greek consumption levels by changing the real value of household income. Depending on how the devaluation takes place and what other steps the Greek government takes, the impact on the trade deficit will be positive and fairly predictable—even if it is true that Greece cannot produce anything it
... See moreData aggregates aside, a more serious question is to ask, if some entities are front-running the risk of tariffs by importing gold, what other things might they be doing this with that do affect the economy in a business operation sense?
Will India, with its growing population, have a GNI per capita growth higher than its population growth, indicating an improvement in quality of life?
Commodity prices often change direction ahead of bonds, which also makes them leading indicators of bonds at important turning points.
One way of thinking about this is that the more the expected variation in the net flows (i.e., inflows minus outflows), the more volatile a capital structure is.
This is the so-called deposit multiplier model much-loved by textbooks, but it is incorrect in practice because loans create deposits and not vice versa
Very low lending and deposit rates create a powerful mechanism for using household savings to boost growth by heavily subsidizing the cost of capital.
Many internet startups of the last decade—particularly platforms—have similarly focused on reducing transaction costs through technology. They have done so in three ways:
For example, in 2021, the China Development Bank created a special loan program for scientific and technological innovation and basic research. By May 2024, the bank had distributed more than $38 billion worth of loans to support critical, cutting-edge sectors, such as semiconductors, clean energy technology, biotech, and pharmaceuticals.