Aspiring Freelance Body Guard | Macroeconomics Guru | Entrepreneur | Scholar | Mediocre Trivia Expert | Author of “How I Manage” - buy my book on Amazon!
Time is circular and history is filled with a bunch of old white guys so the new boss of the New York Fed isn't that big of a surprise. More diversity would benefit the Fed with more backgrounds and inputs #squatnynewby
if I know one thing its that the British love to tax (tea anyone?) but with the new interest rate problems the parliament might have to rethink their normal ways and throw it into the harbor #squatbritishpound
USA economists in 2008 had the hard job of trying to save the balance sheets - through aggressive lent money to banks and Fed purchasing govt debt. The balance sheet was once again fixed but not to its full health. But now we're living the dream #squatbalancesheet
It's a good thing that money doesn't grow on trees or we would have some SERIOUS inflation problems. ideally, we would have risk-free asses for inflation-linked debt to lessen the impact of inflation fluctuations #squatrisk
As the kids say "risk it for the biscuit" however I advised banks to NOT risk it even if it means giving up the potential BISCUIT. Risking it for the bread is no longer the viable option, go on KETO and cut bread out of your diets big banks #squatcrisis
Mohammad looking down on Al Rayan Bank Islamic banks can't technically pay interest but instead invest deposits and return a cut for profits. And these deposited funds at Al Rayan return 3.2%, the best deal on the market according to Moneyfacts #finesse#squatinterestFREE
Banks are inherently risky, that's why when big banks are deemed as "too big to fail" its literally because if they were to fail the amount fo turmoil caused would be massive. The safest way to store your money is buried but digging up $20 to get Chili's is hard #squatsafebanks
$12 trillion American dollars in the banks that get to just take our money with interests rate that can be kept a secret. Owning a bank right about now sounds like a grand idea. I'm sure the owner of Barclays and J.P. Morgan are living in some lavish places #squatinterest
You can't pay the bills in swag or Bogg-Bucks due to the unaccepted and untrusted value of the currency. However, I use seashells...and as the saying goes "in sally's seashells by the seashore we trust" #squatartormoney
Me on my way to secure 5% interest rate and my prepaid debit card because I’m unbanked and not a millionaire. It at least has to be better than keeping all my money in a shoebox under my bed #squatalienated
Only thing guaranteed in life is taxes and death. And with help of a progressive tax system, like the one America has, the rich 10% are paying more than the bottom 90% in taxes. I guess it really is “mo money mo problems”. In my head I personify taxes like this: #squattopthree
Moving money around in terms of debt seems okay for present Sheldon to build his computer but future Sheldon won’t be happy when overall investment as decreased. A computer is cool but it can’t provide you shelter if you’re homeless #squatdebtdanger
Trump thinking more money into America is a good thing is about as childish as thinking Penny will let Sheldon into her apartment after knocking 3 times. Money is coming to the USA because our X is high which means our goods are cheaper to foreigners in real terms #greenbacksquat
The big infrastructure projects need a lot of federal spending to be successful. Although Trump is spending $11 million, it’s going to take a lot more or there won’t be any activity in the publicly owned places across the USA #squatinvestment
President Trump must of overhead JoeMa talking about Expansionary Fiscal Policy causes a huge push to the GDP. If Lennie and Trump team up and both get behind this tax cut America would be taking a massive jump in the right direction #squattaxplan
With 20% of the Italian population living on $11,500 USD a year it’s time for the government to step it up a notch and turn this whole budget around...or maybe make it INVERTED #squatonthebrink