ADAM TOOZE

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"Unlike businesses, central banks are designed to make money only in the most literal sense." Cracking opening line from Augustin

February 7, 2023

"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
ft.com/content/31fb4f…

@wgoggin @JWMason1 @tomashirstecon @M_C_Klein @DanielaGabor @DavidBeckworth The entire idea of "fiscal space" is a conventional construct. By convention if the

March 31, 2023

@wgoggin @JWMason1 @tomashirstecon @M_C_Klein @DanielaGabor @DavidBeckworth The entire idea of "fiscal space" is a conventional construct. By convention if the debt to gdp ratio goes

@IronEconomist @M_C_Klein @JWMason1 @tomashirstecon @DanielaGabor @DavidBeckworth Which is what I meant when I said "shock to the price LEVEL" …

March 31, 2023

@IronEconomist @M_C_Klein @JWMason1 @tomashirstecon @DanielaGabor @DavidBeckworth Which is what I meant when I said "shock to the price LEVEL" … phew. glad we agree on

@JWMason1 @DanielaGabor @DavidBeckworth All I claim is that the size of the swing in the debt/gdp is remarkable and this

March 31, 2023

@JWMason1 @DanielaGabor @DavidBeckworth All I claim is that the size of the swing in the debt/gdp is remarkable and this creates fiscal space we werent