Really enjoyed attending the @modernmoneylab.bsky.social workshop last weekend in Sheffield. Inspirational stuff.

Today's winner. 👍

The author doesn't elaborate on why Japan would stop yield curve control within the next 6 months?

I'm persistent, because this stuff is really important. Money is a public good.

Great thread on China dollar bond issuing.

Explains why China issuing USD-denominated bonds does NOT mean that China is “printing dollars.”

Or that it makes it more difficult for the US to finance its own spending.

Ludicrous claims by folks who are totally confused about it all.

😂🤯

Thanks. I'm aware of endogenous and exogenous money, but really struggle to remember which way round they are 😅

Ah, that's interesting. Thank you.

Excuse my ignorance, but why would a bank credit system be classed as horizontal?