KM6ECCNov 10

Yeah but here is the thing #democrats, at even 3% inflation annually for the next 5 years, and probably more like 100% over the next 10 years, a 50 year mortgage is actually really good. The 1.5 million in interest is more like $300,000 or less inflation adjusted over 50 years. And we all presume #stagflation, right? I mean, don't sign up now for any reason, but if wages are #deflationary while the rest inflates? #Trump may not be so wrong. Accidentally, of course!

https://www.rawstory.com/trump-regret-mortgage-dumb-idea/

'I regret voting for him': Internet erupts over Trump's 'spectacularly dumb' mortgage idea

Donald Trump's latest plan to help people buy homes is getting a horrible reception from many experts and political observers, with one individual declaring it a "spectacularly dumb" idea.Trump recently teased a plan for a "50-year mortgage" on his social media, and on Saturday administration offici...

Raw Story
Show threadRoundSparrowJul 18, 2025
"Tarski says the sentence “Snow is white” – and he puts “Snow is white” in quotation marks – is true, if and only if snow is white. I don’t expect anybody in the audience to gasp, if you follow me. This isn’t a theory of truth; this is the #deflationary remark about how we use the word “true”, you follow me? " - #RickRoderick 1993
Don Curren 🇨🇦🇺🇦Jul 9, 2025
Bloomberg: China’s #producer prices fell the most in nearly two years, adding to the urgency to tackle #deflationary pressures. #Stocks erased gains to close lower. #China #markets #economy
Show threadacemaxxJun 20, 2025
This data pattern suggests #Germany - and potentially the broader #Eurozone - may be entering a more challenging #disinflationary phase that could require more aggressive #ECB intervention to prevent a #deflationary spiral and #support economic #growth.
Show threadacemaxxJun 20, 2025
#disinflationary momentum is accelerating: The progression from -0.2% to -1.2% in just 3-months indicates that #deflationary pressures are intensifying rather than stabilizing.
KM6ECCFeb 2, 2025
Not so hot take: Trump's tariffs would be a lot like #brexit except that they can be quickly undone. But the immediate scale is going to be quite an economic shock, possibly even #deflationary. Ironically there could be long term benefits for the pain we are about to undergo, but reshoring manufacturing requires a labor force and our ignorant president is about to send them home.
acemaxxDec 1, 2024
(#euro area and #deflationary forces) When #ECB talks about “structural issues” it’s clear what is meant: economic #growth and #employment – that doesn’t suit monetary orthodoxy - chart @economics
https://www.bloomberg.com/news/articles/2024-11-30/us-job-growth-due-for-snapback-after-storms-and-strike
US Job Growth Due to Bounce Back After Storms, Strike: Eco Week

US hiring probably jumped in November after hurricanes and a major strike undercut job growth a month earlier, consistent with a labor market that’s healthy yet gradually cooling.

Bloomberg
acemaxxNov 30, 2024
Heiner Flassbeck: The rather #deflationary price trend at the producer level and the recent crash in #wage growth show that there is no risk of inflation. @ECB 's monetary policy is simply wrong and responsible for the enormous slump in the economy https://www.relevante-oekonomik.com/2024/11/29/fehldiagnose-ist-irrefuehrend-es-geht-um-die-weigerung-der-oekonomen-ueberhaupt-eine-diagnose-zu-versuchen/
„Fehldiagnose“ ist irreführend, es geht um die Weigerung der Ökonomen, überhaupt eine Diagnose zu versuchen - Relevante Ökonomik

Der Mannheimer Ökonom Tom Krebs hat ein Buch mit dem Titel „Fehldiagnose“ geschrieben, in dem er seinen Kollegen vorwirft, die falsche Medizin zu verordnen, weil sie die Krankheit der deutschen Wirtschaft nicht richtig diagnostiziert hätten. Doch es ist viel schlimmer. Seit Jahrzehnten findet man immer wieder das gleiche Muster: Sobald die deutsche Wirtschaft in Schwierigkeiten gerät, erscheinen in den Medien hunderte von ökonomischen Medizinern, die jeweils ihr liebstes Vorurteil zur Wurzel allen Übels erklären und auch gleich die allein gesundmachende Therapie parat haben. Sie versuchen nicht einmal, eine Diagnose zu stellen, sie wissen ja, was schiefläuft. Die Krise ist genau der Moment, wo man von den Medien gefragt wird und aller Welt laut und mit großer Überzeugungskraft die eigene Wahrheit verkünden kann, ohne dem Patienten auch nur einmal ins Auge gesehen zu haben. 

Relevante Ökonomik
Show threadacemaxxNov 28, 2024

Normally, #swap spreads are positive, meaning the swap rate is higher than Govt #bond yield - A #negative swap #spread indicates that the fixed rate in the interest rate swap is lower than Govt bond yield:

Potential Economic Signals: It might reflect expectations of future @ECB monetary policy – It could indicate anticipated economic #deceleration or #deflationary pressures.

➴➴➴Æ🜔Ɲ.Ƈꭚ⍴𝔥єɼ👩🏻‍💻Nov 27, 2024

#Tariffs can't even be used to fund anything, because #taxes don't fund anything. The purpose of taxes (other than driving behavior or fore use of the currency) is to cause #deflationary pressure by reducing the #money supply.

There's no reduction in the #MoneySupply, to do that you'd need to tax #exports!
Tariffs have their uses, specifically to level playing fields w/r to human rights, workers #rights, #environmental stewardship, etc...

So, collecting #money (from a #foreign entity) and then putting that money into our #economy causes _double_ inflation in our economy and deflation in _their_ economy, strengthening their currency and capacity for government spending.

#Trump is a fucking moron. Though it does give me hope.

He's a petty #tyrant who is making an #empire of ash. He can't simultaneously succeed in becoming a #fascist #dictator and also destroying the #state.