Becky Quick

Fighting Gresham's Law one day at a time

[Becky Quick @beckyquick83]

@PeteWargent Fantastic, Pete. A star is born!

[Sam Bowman @s8mb]

Good thread that is more optimistic than I am. I think the point that Europe needs to be economically relevant is key, and a self-interested US would have little interest in cutting it off. Where we disagree, I think, is in how much capacity the US has for self-harm.

[Becky Quick @beckyquick83]

@mlanetrain And what has having Buc-ee’s got to do with anything?

[Becky Quick @beckyquick83]

@mumbletwits @themetresgained I’d go the latter.

[Becky Quick @beckyquick83]

@themetresgained Thanks for the piece. I don’t think a useful level of financial literacy is teachable in a school setting. Better to push defaults and habits like, eg, The Barefoot Investor-type rules of thumb.

[Becky Quick @beckyquick83]

@s8mb Real solutions to a nominal problem.

[Becky Quick @beckyquick83]

@peter_tulip @TheKouk Although the removal of NG is a confounding factor that will unambiguously lower prices, at least other things being equal.

[Becky Quick @beckyquick83]

@Mark_Graph I find it odd that the youngest three cohorts fell by close to the same %s (both absolutely and relatively) from 2005, which was the same as 2000 (which was unambiguously pre-housing boom) to 2015. Even those 45s in 2015 (youngest of that cohort) were 35 in 2005. Yet so affected?

[Becky Quick @beckyquick83]

@MattGLilley @mumbletwits @themetresgained And of course, even taxing real gains creates biases in favour of spending over saving. If anything, income spent is treated ‘concessionally’ relative to income saved.

[Becky Quick @beckyquick83]

@orphcorp If you think someone is unaccountable, you don’t understand very much.

[Becky Quick @beckyquick83]

@ajamesbragg @PeteWargent “Real Socialism hasn’t been tried….” It’s tried every day and fails every day.

[Becky Quick @beckyquick83]

@PeteWargent @Mark_Graph Wow, double what I remember from this ad of my childhood. https://t.co/wWmE6RfVAI

[Becky Quick @beckyquick83]

@mumbletwits Just wondering what might explain ON support amongst women - whipped-up fears of personal/familial safety?

[Becky Quick @beckyquick83]

@themetresgained I don’t count the last 6.

[John Cochrane @JohnHCochrane]

Save for retirement: assets accumulate and middle income people have wealth. Move to pay as you go, don't count future benefits as "wealth." Suddenly the same people seem bereft. Zucman et. al. measured wealth inequality jumps, though nothing changes. Great point.

[Becky Quick @beckyquick83]

@mumbletwits Coalition nil?

[Becky Quick @beckyquick83]

@EricCrampton Forgot to mention that Martinborough pinot is not dissimilar and a lot cheaper than Burgundy rouge!

[Benjamin Todd @ben_j_todd]

Most unusual career change in my book @isabelleboemeke:
Brazilian fashion model asks experts how to fight climate change. They tell her nuclear power is vital but politically toxic. So she becomes the world's first nuclear influencer. Makes nuclear cool again.

[Becky Quick @beckyquick83]

@s8mb @bswud I haven’t yet read the piece but I don’t think that’s quite right. Even if the initial cause of a recession is real, the depth and length is typically explained by monetary factors: with a non-fiat currency, real shocks lower velocity, reducing NGDP > RGDP.