Peter Humphreys

[Peter Humphreys @pjehumphreys]

One of the most stop start games I’ve ever seen, awful refereeing #LFC

[Peter Humphreys @pjehumphreys]

@oldbooksguy ‘Old books guy’ has never read a history book…

[Peter Humphreys @pjehumphreys]

@asdf_101 @oldbooksguy Thank you for writing out what I was too lazy to express. OP, despite styling himself as ‘old books guy’, has evidently not read a history book.

[Peter Humphreys @pjehumphreys]

@_max_bo_ Thanks for getting me into it as well!

[Peter Humphreys @pjehumphreys]

@_max_bo_ 🤣

[Peter Humphreys @pjehumphreys]

@wclemente Can you expand upon why this is useful? The risk to the investor of mtry debasement is inflation, no? + M1 expansion post 2008 did not lead to inflation. Why hedge purely against debasement?

[Peter Humphreys @pjehumphreys]

@JohnhoganMorris @DanielaGabor Hi, is this lecture publicly available? Thanks !

[Peter Humphreys @pjehumphreys]

@sazzam31 @josephmdurso Isn’t there a broader question about whether clubs should be earning money by encouraging fans to engage in pure financial speculation? What’s more, products that deliberately target naive retail investors? It’s unethical.

[Jens van 't Klooster 🟦🟦🟦 @jvtklooster]

Why is the ECB Governing Council currently in an emergency meeting? What are PEPP reinvestments? Why are they the main tool of the ECB to fight a new Eurozone crisis now on the horizon? And what more powerful tool is needed? A 🧵

[Peter Humphreys @pjehumphreys]

@usefulDesign @ak_pennington GFC/Eurozone crisis was not an inflationary shock, however. Since AUS imports most consumer goods an AUD deval would increase CPI. If I am right then RBA rate rise is the right choice, as higher inflation hurts low wage workers the most.

[Peter Humphreys @pjehumphreys]

@usefulDesign @ak_pennington Therefore Feb, ECB, BoE rate hikes will eventually force RBA to also hike. Let me know if I have got this wrong.

[Peter Humphreys @pjehumphreys]

@usefulDesign @ak_pennington My point is that precisely bc we have a floating (not pegged) xchange rate, if RBA rate goes too low relative to other CBs, then capital outflows will depreciate the AUD, making imports more expensive —> higher inflation.

[Peter Humphreys @pjehumphreys]

@ak_pennington Hi Alison, I firmly agree though this overlooks one thing. If RBA doesn’t hike along with Fed, ECB, BoE, etc, this could risk currency depreciation therefore further inflation. Am I wrong about this? Thanks

[Peter Humphreys @pjehumphreys]

@adam_tooze @HirokoTabuchi Is there some hindsight bias here? Today, it looks as if it was always obvious that Russia-Europe gas ties would lead to trouble. But in the moment, there were convincing arguments in favour of pipelines, and plausible reasons to believe war would not be the outcome.

[Peter Humphreys @pjehumphreys]

@LFC @LFCHeroesClub Put this in the bin 🗑

[Ho-fung Hung @hofunghung]

1/6 There is still a lot of talk about Russia shifting to the yuan so the sanction will only advance international use and status of the yuan vis-a-vis USD. This is seriously misplaced..

[Tim Gatt @TimGatt]

What a ball. What a player.

RIP Shane Warne

[Javier Blas @JavierBlas]

You know, there’s this other thing (which is actually working at full throttle) called NordStream 1

[Peter Humphreys @pjehumphreys]

@Mij_Europe Hi Mij, question: death of NSII does not change fundamentals of Germany/Russia energy relationship. E.g. NS1 will likely operate at full capacity again this year. Can/should/will Germany/EU curb existing imports since energy relationship not consistent with the aims of sanctions?

[Peter Humphreys @pjehumphreys]

@JimMolan Are we seriously back to this 😑 The government’s CV is so bare that it all it has to offer is “stop the boats”…