andrew cullen

Scotland 🏴󠁧󠁢󠁳󠁣󠁴󠁿 , Switzerland 🇨🇭 , Austrian economics, global financial plumbing, classics, motorcycles, adventure racing

[andrew cullen @acullen03]

@FBAwayDays Cheaper than a Boston hotel…

[andrew cullen @acullen03]

@ricwe123 Merchants of Grain is a terrific introduction to the Ag market. China has spent the past couple of decades building commodities security through COFCO…

[andrew cullen @acullen03]

@LukeGromen Some would argue we did exactly this in Afghanistan…

[andrew cullen @acullen03]

@ctindale @TheMichaelEvery In theory, monetary transmission. In practice they ultimately inflate asset prices.

[andrew cullen @acullen03]

@Handre Exactly why we’ll never see an Austrian School economist at the Fed (or ECB or BoJ or SNB…etc..).

[andrew cullen @acullen03]

@MarioNawfal Concern for the taxpayer is so quaint. But this has to be good for GDP, right? Right?

[andrew cullen @acullen03]

@vshih2 @Richard_Casey Nah…those profits will be recycled into bonuses (sure some of that will be parked / allocated to USTs).

[andrew cullen @acullen03]

@MarioNawfal Now remove US “financial assistance” and run the numbers…

[andrew cullen @acullen03]

@Megatron_ron Now calculate debt to GDP without US financial assistance…

[andrew cullen @acullen03]

@biancoresearch https://t.co/OhURU5OyRs

Does anyone read these Article IV (that’s 4 😂) consultations?

[andrew cullen @acullen03]

@ctindale This is also about avoiding an inevitable credit / liquidity squeeze / crunch domestically. Gotta keep the private credit / equity market marked-to-model. And this requires liquidity!

[andrew cullen @acullen03]

@APompliano The bottleneck is labor…not financial capital.

[andrew cullen @acullen03]

@LukeGromen We no longer study comparative advantage in Econ 101?

[andrew cullen @acullen03]

@LukeGromen @KingKong9888 @TFL1728 @AndreasSteno 100% Luke. There are very few balance sheets large enough to absorb the $10tr of UST paper due in the next 12 months…and many of those balance sheet buyers are in fiscal contraction.

[andrew cullen @acullen03]

@LukeGromen @Kathleen_Tyson_ Export controls incoming!!!

[andrew cullen @acullen03]

@LukeGromen @riteshmjn @3rdwavemedia @KingKong9888 @DavidAnon8 @ChinaBeigeBook 100% Luke! Econ 101 teaches us that goods and services are priced at the margin. GLOBALLY!

[andrew cullen @acullen03]

@ShaykhSulaiman Many of these Congressmen voted to reject a “war powers resolution” that would have reasserted that only Congress has the power to declare war.

[andrew cullen @acullen03]

@JimFergusonUK The media must be color blind…we’ve lost count of the number of “red lines” that the world has crossed just over the past 6 weeks…

[andrew cullen @acullen03]

@LukeGromen @adamscrabble Agree, Luke. Money isn’t free and opportunity cost has real medium and long term consequences!

[andrew cullen @acullen03]

@Jihooncrypto Wait until this happens to gold!