Bancor

[Stephanie Kelton @StephanieKelton]

Keep an eye on the credit structures that were built to fund AI infrastructure.

[Michael Moritz @michael_ulf]

The city whose mayor used his position on the H-GAC Transportation Policy Council to aggressively push for the I-45 expansion in Houston while his side employer, Halff, made millions in I-45 pre-construction work is now proposing one of the worst transportation solutions possible

[Bernie Sanders @BernieSanders]

It should come as no great surprise that a Democratic Party which has abandoned working class people would find that the working class has abandoned them.

While the Democratic leadership defends the status quo, the American people are angry and want change.

And they’re right.

[David Sirota @davidsirota]

realizing that this will be promptly memory-holed and erased from the entire Internet, I'm just posting it here so that we can remember how Democrats lost what they themselves called the most important election in American history

[The New Yorker @NewYorker]

It looks like Kamala Harris will lose the largely Muslim south end of Dearborn, Michigan, where Joe Biden won 88 per cent of the vote in 2020. “That’s a bracing slide,” @vcunningham writes. https://t.co/iH3h3b0BLx

[Stephanie Kelton @StephanieKelton]

Journalism lives

[Paul E Williams @PEWilliams_]

Woah. From the Harris plan. I was reading all the posts on here and thought she was just subsidizing demand??

[Jeff Stein @jstein_star]

On the supply side parts of the plan

[Paul E Williams @PEWilliams_]

Finally reading the FT piece on IRA/CHIPS.
Fellas is it unforgivable when my $20 billion state of the art semiconductor fabrication plant construction timeline is pushed back 6-8 weeks?

[Bernie Sanders @BernieSanders]

Joe Biden has served our country with honor and dignity.

As the first president to ever walk on a picket line with striking workers, he has been the most pro-working class president in modern American history.

Thank you, Mr. President, for all you’ve done.

[Bancor @reitmonger]

@jdcmedlock @jayparsons

[Bancor @reitmonger]

@DanielaGabor Hah

[New Left EViews @NewLeftEViews]

In the year of our lord 2023 the IMF finally figures out about denominator effects.

[Bancor @reitmonger]

@MonicaCKlein Impact of interest rate hikes @StephanieKelton @wbmosler

[Steven Kelly @StevenKelly49]

Bank of England official suggests selling off entire QE portfolio “to ensure we have sufficient headroom to respond to future shocks”…

[Paul E Williams @PEWilliams_]

This is certainly a stupid response from Gemini, but I wonder: is the outcome we want for the computer to definitively say which individuals in society are the most harmful?

[Omair Sharif @fcastofthemonth]

The WSJ editorial about "shrinkflation" suggests that the CPI doesn't measure it. A quick search would have turned up an article that states how the CPI accounts for this issue. Anyway, there are a couple of other points in the article worth addressing.🧵
https://t.co/tav53YruRm

[Stephanie Kelton @StephanieKelton]

Almost 20 years ago, I contributed a chapter to an edited volume in which I described a set of conditions under which raising interest rates could have perverse (i.e. expansionary) effects. Years later, Scott Fullwiler dubbed my graph the “Kelton Curve” 1/
https://t.co/B1XwarNFxA

[Stephanie Kelton @StephanieKelton]

Christine Lagarde: The IMF depends, for its very existence, on the world around it going "downhill." #NeverForgetThat