From the 1870 Statistical Atlas: A fiscal chart showing US revenues, expenditures, and public debt, 1789-1870… https://t.co/lfYCKs2ndS
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin
"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin Cartens @BIS_org op-ed in @FT