Sublime

In #FedUp I abhor ladies who dance on graves. YES, student loans will get bad BUT NOT YET. Per @usedgov spokesperson ~200k in default began receiving notices Monday that benefits & tax refunds could be withheld AS SOON AS A MONTH FROM NOW. Wage garnishments begin THIS SUMMER.

.@DiMartinoBooth shares her perspective on Fed Chair Jerome Powell and the decision to keep rates unchanged in the FOMC May meeting.

Danielle DiMartino Booth

@DiMartinoBooth

·

9h

If the Fed monetizes (much) more than $15T directly deposited into U.S. household bank accounts, YES, we will have the mother of all inflationary spirals.

This defines the Law of Diminishing Returns. The next iteration MUST be larger than the last & STILL generates a lower IRR.

Judy Shelton

@judyshel

·

5h

If people were fully aware of the data and insightful analysis by @Monetaryguy589 they would put an end to the Fed’s “tool” of paying interest on reserve balances.

Darth Powell repostedMichael Maloney@mike_maloneyBuckle up.

Inflation, Interest Rates, The War in Ukraine & Commodity Prices, Labor Markets and The Great Repricing

Darth Powell

@VladTheInflator

·

2h

A true insider, pay attention

Kalani o Māui

@MauiBoyMacro

·

3h

“For me, it’s pretty clear. You have Trump who’s locked in on tariffs. You have the Fed who’s locked in on not cutting rates. That’s not good for the stock market,”

Last fall, as the panic heated up, hardly anyone had heard of Meredith Whitney. ``I guess my clients knew who I was,'' she says, ``but the rest of the world -- I don't think so.''