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@_gabriel_U Really no need to apologize. I realized it was provocative … but what can you do? Its literally the case.

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RT @GeneralTheorist: @benbawan @BuddyYakov @M_C_Klein @adam_tooze Most hyperinflations are rooted in an external imbalance, in a balance of…

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RT @tom_nuttall: Our new cover. No strapline, no flashes. https://t.co/79kzRTs6xw

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RT @_gabriel_U: Almost every single paragraph has something to follow up on, but, for people on this site, see inter alia @AlexValchyshen's…

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RT @PaulTempleman6: Please can somebody explain to me why it was such a bad idea to have an EU army?

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RT @AlexNicest: 137/ Happened several days ago but needs to be recorded – world's largest manufacturer of semiconductors halting supplies t…

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@DanielFiott Sure. But don’t sweat the details. The point here is that the folks who could end up in charge of this are not dinosaurs and we should not assume they will react this time the way they did after Crimea.

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RT @bdtaylor_SU: Reminder about size of Ukraine. h/t @ALanoszka https://t.co/qz62dCgUd7

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RT @PeterZeihan: A vessel has been sunk outside of #Odessa . That ends meaningful shipping on the #BlackSea. No company will provide #Insur…

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RT @JakeCordell: Ikea's final day in Russia after 22 years twitter.com/novaya_gazeta/…

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@_gabriel_U Thanks. I would NOT have invoked MMT in this context unless it was literally true. MINDBLOWING … and Oreshkin, he’s a piece of work!

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@AlexNicest Returning the compliment @AlexNicest What an amazing thread!

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RT @AlexNicest: 130/ Kommersant summary of Kremlin/Government economic anti-crisis measures. So far still seems to be being managed as a te…

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Will sanctions work? What if Russia’s political economy is more than men of violence, oligarchs and Sechin-style austerity hawks? What if MMT is in the Kremlin? What if Putin respond to sanctions by launching a "Russia Rescue Plan”? adamtooze.substack.com/p/chartbook-91… https://t.co/tXtfKSsINS

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Cb#34 If the US used its monetary and fiscal sovereignty to finance the War on Terror … adamtooze.substack.com/p/chartbook-34… Shouldn’t we expect Russia to adopt a similar approach to war economics? Cb#91 adamtooze.substack.com/publish/post/4… And if it does, will sanctions work as expected? https://t.co/Mtn36Dahqm

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@yarbatman Fantastic. What an interesting comparison!

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@stateofthecity Yeah. It makes perfect sense.

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In 2018 Russia’s policy elite began debating economic policy options post-Crimea. Sanctions & austerity made a bad mix. Where did they end up? Yup, you guessed it! MMT. 28 Feb 2022 Russia’s Mr MMT is at the table trying to wrap his head around the future. adamtooze.substack.com/publish/post/4… https://t.co/iqJEKEocpF

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RT @yarbatman: In my piece on Russia vs. Iran sanctions I noted how Iran used austerity + rate hikes to fight inflation. I wondered if Russ…

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@stateofthecity You knew about this? I find it mind-blowing.

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@M_C_Klein Don’t get hung up on MMT and money-printing Matt. This is all about fiscal policy. MMT was just a vehicle in Moscow in 2019 for talking about functional finance and alternatives to flat-out austerity.

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"Russia is a monetary sovereign but does not act as one" … Sound like MMT? It is. Talk of the town in Moscow in 2019 (sic). Dizzying. Think about the implications for Russia's reaction to central bank sanctions! adamtooze.substack.com/p/chartbook-91… https://t.co/BkWa5BGtCc

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Will sanctions work? What if Russia’s political economy is more than men of violence, oligarchs and Sechin-style austrians. What if MMT is in the Kremlin? What if Putin launches a Russia Rescue Plan? adamtooze.substack.com/p/chartbook-91… https://t.co/6QE0EqFRVx

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What if Putin's war regime turns to MMT? Chartbook #91 just dropped adamtooze.substack.com/p/chartbook-91… https://t.co/c4gmiGnXLJ

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"City lawyers cannot hide behind ‘the law’ over Russian clients” Quite the headline this from @ft @catrutterpooley ft.com/content/714687… https://t.co/27E5IkOc9R

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RT @TrentTelenko: Would you all believe I just got a phone call from an MSNBC staffer over my Truck tire thread? They thought I was in Ukr…

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@fvhermann @Josh_Young_1 @HelenHet20 @M_C_Klein @AndreasSteno Thank you. Very interesting.

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Very much along the lines of the energy outlook you were talking about @economistmeg twitter.com/fvhermann/stat…

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Markets are not yet pricing in the decoupling of monetary policy btw Fed and ECB that is to be expected following asymmetric shock of Ukraine. Intriguing this by @RobinBrooksIIF in @ft ft.com/content/64dccf… https://t.co/OSiHSgpjnm

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RT @harries_matthew: Another article, this time from RIAC, with a similar message twitter.com/jakluge/status…

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RT @harries_matthew: This looks like a brave and clear article by Sergey Utkin. Google Translate: "The military operation came as a complet…

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RT @russianforces: Now that the dust around that statement settled (a bit) it looks like it wasn't what I thought it might have been. No "p…

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RT @KarlMuth: @Noahpinion Bit of a tire expert here. Those aren't Soviet-era heavy truck radials. Chinese military tires, and I believe spe…

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RT @longhornsteve: @ezraklein @adam_tooze @dschatsky I'll say it: everyone should subscribe to "Ones and Tooze" from @ForeignPolicy's @Came…

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RT @jraimo: The utterly brilliant historian Nicholas Mulder (@njtmulder, @Cornell) will launch his book "The Economic Weapon: The Rise of S…

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