Danny Roberts

[Danny Roberts @dannydrob]

The Outstanding Balance 2024 Year in Review
https://t.co/td3SfpVmFq

[Danny Roberts @dannydrob]

Hot off the presses

https://t.co/n1CrlV3tvZ

[Danny Roberts @dannydrob]

https://t.co/Xlmg1fsZDk

[Danny Roberts @dannydrob]

Yeah good idea the Fed can manage it. They should fill it with only the safest assets, like Treasurys and agency-backed debt. They can call it the the Legacy Strategic Advancement Portfolio (LSAP) or maybe something cool like the Quantum Edge (QE) Fund. It'll be huge 🤣

[Stephanie Kelton @StephanieKelton]

OK, that was funny.

CNBC: Where would the money come from for a sovereign wealth fund?

WILBUR ROSS: I suppose the Federal Reserve, since it has the power to create money, could just create it.

KERNAN: <groans >

[FINDING THE MONEY Film @FindingMoneyDoc]

FINDING THE MONEY is #1 Film in Documentary!
On Demand on iTunes/AppleTV

Rent/Buy NOW: https://t.co/dNSBO7w7QY
Warning... you might want to watch it more than once;)
https://t.co/H1e5fEuV7t

[Qian Julie Wang🔸王乾 🔸הֲדַסָּה @QianJulieWang]

@jvplive 1. Why is this Passover different from other Passovers?

This time, the ethnic cleansing is being performed in our name. This time, Jews are in pursuit. This time, the same institutions that shrugged their shoulders and turned a blind eye to torch-lit chants of "Jews will not

[Danny Roberts @dannydrob]

Chag Sameach 🕊 ���️ Happy Passover, y'all

[Rep. Bonnie Watson Coleman @RepBonnie]

I support peace. I support a two-state solution. I support the return of the hostages, and freedom and safety for Israelis and Palestinians. Netanyahu is an obstacle to all of these goals. I could not in good conscience vote to send more offensive weapons to his government.

[Danny Roberts @dannydrob]

One way to look at it: The demand for Treasury securities comes from precisely the government net spending that they are presumed to finance. Check out my piece from last month covering this and more:

https://t.co/A3zCPaUZ85

[Danny Roberts @dannydrob]

Rudd is a senior advisor at the Fed, for context https://t.co/qJdbb9BRnS

[Jordi Schröder @SchroderJordi]

Jeremy Rudd is taking no prisoners

[Danny Roberts @dannydrob]

@DEhnts If you're not quite sure what Dirk means here, I wrote a piece about this topic recently—it doesn't get into the motivation behind the ideology, but rather simply judges the "taxpayer money" model on its merits. (Spoiler: it comes up short.)

https://t.co/ng4juG0RTI

[Danny Roberts @dannydrob]

In February, I started a little newsletter. Every couple weeks, I write a piece on something I find interesting within money, macro, and society. I'm proud to say I've published my fourth!

"What's the relationship between public spending and taxpayers?"
https://t.co/QosE7lr3si

[Danny Roberts @dannydrob]

@shaahin_a Maybe I'll do a little digging and make my next piece on https://t.co/LGspmyTi1I about this if you wouldn't mind!

[Danny Roberts @dannydrob]

@shaahin_a OPEC quotas keep total supply down, making Saudi Aramco the swing supplier at 10%+ of total. This allows them to set global price, benefitting all suppliers. Aramco sets official selling prices (OSPs), expressed as a spread above a benchmark price. Something like that.

[Danny Roberts @dannydrob]

In February, I started a little newsletter. Every couple weeks, I write a piece on something I find interesting within money, macro, and society. I'm proud to say I've published my fourth!

"What's the relationship between public spending and taxpayers?"
https://t.co/QosE7lr3si

[Danny Roberts @dannydrob]

@NathanTankus "Price-adjusting market/quantity-adjusting market dichotomy"? Not sure if this is the same as what you were getting at.

[Danny Roberts @dannydrob]

In February, I started a little newsletter. Every couple weeks, I write a piece on something I find interesting within money, macro, and society. I'm proud to say I've published my fourth!

"What's the relationship between public spending and taxpayers?"
https://t.co/QosE7lr3si

[FINDING THE MONEY Film @FindingMoneyDoc]

ANNOUNCING U.S. RELEASE!!
FINDING THE MONEY documentary- May 3, 2024 in theaters and online nationwide!
NEW Official Trailer!
NYC: May 3-9, Get tickets --> https://t.co/1pxiMDQFaE
Live Q&A w @StephanieKelton + more!
Showings: https://t.co/IL4yhPAckO

Where does money come from?

[Danny Roberts @dannydrob]

There were big spikes in the fed funds rate perfectly spaced at the quarter boundaries for about 6 quarters from 1982 to 1984. What Fed policy caused this? Reserve maintenance period crunches come to mind, but I'd have thought those would be more frequent

https://t.co/EN325xEhN3

[Danny Roberts @dannydrob]

Just casually (and correctly) contradicts the entire premise of monetary policy inflation targeting paradigm

[Danny Roberts @dannydrob]

W/ Japan rates in the news, 2022 💎 from WEF

- "... negative interest rates are among the factors keeping down inflation in Japan."
- "Older people ... spending less to make up for the lack of return on their savings because of negative interest rates."

https://t.co/AhvyAkGad5