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#Fiscal
Krishna V Iyer
finkrishna
Total deposits in Indian banking system is about Rs.150 lac crores (~$2tn) incl term deposits (~5% ROI), savings (3%) & current ac (0%). Blended cost could be ~ 4.x ?10
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David Thomas Moore
dtmooreeditor
Morning, everyone! Some follow-ups to this thread:1. I wrote that Tacitus minted no coins, which is an error, apologies. More accurately, he minted *few* coins, especially early in his rule,
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Paul Krugman
paulkrugman
Why has Trump apparently blown up the economic relief deal? I don't care, and neither should anyone else. In 24 days we can stop worrying about this terrible person's motives,
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Adetutu Balogun, MBA
Tutsy22
**The Truth behind Sanwo Olu’s proposed cancellation of pension payments to Tinubu, Fashola and Ambode*Sanwoolu must tell Lagosians the truth behind the proposed cancellation of former Governors’ pensions instead of
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Elizabeth Warren
SenWarren
The federal eviction moratorium is gone. States are delivering their final CARES Act unemployment checks now. And months after the House passed another relief bill, the GOP still doesn’t have
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Dave
djr8519
The recent surge in US monetary aggregates does not portend to a spike in inflation. It is a red herring, in my view.The growth in broad money reflects primarily deposit
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Tony Yates
t0nyyates
Sumption. Maybe unpopular opinion. But. He's not wrong that there are sometimes policy choices to be made where you allocate lives saved, and this is commonly and IMO rightly done
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Robin Murray
robinthemint
1/ All this stuff about Starmer not breaking through misses the point. This year he had two jobs. 1st to bury the idea that labour is not fit for office
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Ben Moll
ben_moll
#EconTwitter hivemind: what are your favorite papers combining “causal” micro estimates (say from DiD or RCT) with a general-equilibrium macro model to answer an interesting macro question?This is for my
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General Theorist
GeneralTheorist
Central bank digital currencies (CBDCs) are something I have been putting off engaging with, but over the past week have come to take this seriously thanks to Ex Ante’s Grant
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BVDDY
BvddyCorleone
This week was... interesting. The election turbulence that some were predicting finally materialized. The most notable day of the week, IMO, was Wednesday: stocks sold off by more than 3.5%,
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Claudia Sahm FULL CHECKS NOW
Claudia_Sahm
"@Claudia_Sahm said a major issue with narrowing the checks is the government doesn’t have all the necessary information. People who have just lost their job or seen a pay cut
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Dom
DomsPlaying
Nintendo:Switch lifetime hardware sales have reached 68.3 million as of September, up from 61.44M last quarter.Brings it to 12.53M sold this year to date. Nintendo's original annual target was 19M.
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Jay C. Shambaugh
JayCShambaugh
In today’s NYT, @claudiasahm argues for an expanded use of automatic stabilizers as part of any new fiscal package. There seems to be consensus building with @JanetYellen, @BrianDeeseNEC and even
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Dan McMurtrie
SuperMugatu
The market is probably correctly pricing virus re closures as forcing expanded UI, more fiscal support etc. SPX will correct to 2600-2900 if it has to force Congress. Base valuations
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General Theorist
GeneralTheorist
The unreasonable ineffectiveness of macroeconomics in political scienceIs economics a science? While the scientific method suggests itself to the hardest of soft sciences—through empirical testing, rejection or acceptance of hypotheses,
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