Mattanite

Geologist and engineer, macro economics amateur & random hobby side hustle guy. Love building, either in code or by hand.

I post chart crimes.

[Mattanite @Mattanite]

@bordeauxyoutube mtx still in CFB26 RTG if you try to go upgrade physical abilities and don’t have the points.

[Mattanite @Mattanite]

@zerocooltrader @WallStreetMav The UK is not a member of the EU since Brexit.

[Mattanite @Mattanite]

@garyerskine Pure numbers! Or a ratio of cost to produce vs cost recovered.

[Mattanite @Mattanite]

@Brigade77Agent @RoryStewartUK Not to mention the expansion of infrastructure all at once will put pressure on planning, construction & engineering sectors, and likely result in services inflation on top of tariff induced goods inflation. They'll probably need to ramp up skilled worker immigration to cope.

[Mattanite @Mattanite]

@DebraG_Robins 😂 Article posted the last day of the Saudi petrodollar deal too. Perfect timing 👌

[Mattanite @Mattanite]

@WifeyAlpha Wait, I've seen this movie... Rollover!

[Mattanite @Mattanite]

@PolemicTMM True, some STEM students have corporate sponsorship and some do not (full price), not a country wide discount for higher utility. The higher immigration salary thresholds are hitting graduate numbers now, so likely a continued increase in corporate sponsored degrees due to cost.

[Mattanite @Mattanite]

@MichaelAArouet The counter argument to this is that whilst entitlements push government borrowing up, longer lifespans and protected pensions keep consumer demand up whilst labour market sets a floor on wage inflation. More borrowing but at higher cost begets more borrowing.

[Mattanite @Mattanite]

@DebraG_Robins I think Liz Truss had a similar idea regarding UK debt vs growth before she was lettuce'd.

[Mattanite @Mattanite]

@DebraG_Robins If I was to try and steel-man this argument... Lower taxes means more discretionary spending circulating the real economy causing a persistent low level inflation rate hopefully higher than the treasury issuance, so eventually the debt is proportionately much lower than GDP.

[Mattanite @Mattanite]

@darioperkins I'm looking forward to guffawing over the increasing magnitude of falsehoods. It'll be like playing "Bogies" with escalating economic outlooks.

[Vijay Boyapati @real_vijay]

1/ There was a much more important fraud than SBF's embezzlement that took place in 2022. It was a fraud (allegedly) perpetrated by one of the oldest companies in the space, @DCGco and its CEO, @BarrySilbert.

Time for a thread 👇

[Mattanite @Mattanite]

@Shopmaster Would love to see bad snaps based on centre awr & new snapping attribute and qb awr/carry/catch.

Special teams snaps highest risk so long snappers become worth it. Just limit it to simulation settings only.

[Mattanite @Mattanite]

@MichaelAArouet If unfunded... well that's a deflationary riot most governments wont want to face.

Certain concessions may be made to help though, like the UK triple lock being scrapped etc. That will come down to the voting demographics of retirees vs workers and who's party will win.

[Mattanite @Mattanite]

@MichaelAArouet The demographic curve is inflationary as retirees still act as consumers (goods/commodities) but with pressure on wages/services due to tighter labour markets. If funded, more gov bonds sold at higher yields, bigger deficits plus interest, more bonds, more inflation. Repeat.

[Mattanite @Mattanite]

@BisphamGreen Wait until they realise it's in the hospitals too...

[Mattanite @Mattanite]

@phildobbie @JudithFreedman @UniofOxford The simple example was interesting with UBI and 45% flat income tax. Added complexity would then be many assess the numbers (net take home in new system, rate of inflation generated by UBI) and if unfavourable would move to work abroad (loss of tax revenue that pays for UBI).

[Mattanite @Mattanite]

The benefits presented for a GBP retail CBDC probably don't outweigh the cost of implementing and maintaining, especially if there is already a bank-to-bank CBDC/real time settlement system - unless you have wholescale solvency risk with retail banks.

https://t.co/Oj0FX63DPS