$15.5 trillion! Record destruction of market valuation of stocks and bonds in the US since start of the year. Arguably it is book values rather than “real” wealth. But at some point this is surely gonna impact on consumption/AD-> inflation
thedailyshot.com/2022/06/20/fur… https://t.co/t3FK93xqkc
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow
May 18, 2023
RT @BJMbraun: How to be an effective political economist: Laser focus on the neuralgic points of the state-market nexus, follow the money,…