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Showing page 34 of 2960.
Matthew Yglesias @mattyglesias
@jasoncrawford @moskov @AlecStapp I think it’s more intuitive in a gold-backed system. The amount of money in circulation is a function not strictly of how much gold is in the vaults but of how aggressively banks loan based on those reserves. Which is why one institution does bank regulation & monetary policy. — PolitiTweet.org
Matthew Yglesias @mattyglesias
Transactional politics can be a beautiful thing, but the real deal here should be that Sacks has to thank Dark Brandon by becoming pro-Ukrainian. — PolitiTweet.org
Teddy Schleifer @teddyschleifer
Strange Bedfellows Alert — @DavidSacks is doing a fundraising dinner for @RoKhanna later this month, per invite.… https://t.co/58orci2aH9
Matthew Yglesias @mattyglesias
@jasoncrawford @moskov @AlecStapp I have an open line of credit with Chase that I’m currently not using. But I could, right now, go online and use it to get a loan. That would put more money instantly in my bank account and Jamie Dimon doesn’t need to scrounge it up from someone else’s account. It just appears. — PolitiTweet.org
Matthew Yglesias @mattyglesias
@RoryBBellows_ My family maintains accounts with two separate GSIBs and stays below the deposit insurance limits. — PolitiTweet.org
Matthew Yglesias @mattyglesias
SVB was actually profitable as a going concern and if the depositors *hadn’t* monitored the risks there’s a good chance everything would have worked out fine. But the system of uninsured deposits leading big depositors to pay attention to the balance sheet worked. Or “worked.” — PolitiTweet.org
Matthew Yglesias @mattyglesias
I don’t think crazy to expect at all. At SVB for example some depositors noted the mark-to-market losses on bonds made the bank riskier and responded by pulling their money out. The problem is that collapsed the bank which in turn threatened to collapse other banks. — PolitiTweet.org
John Carney @carney
People keep saying that it is crazy to expect depositors to monitor bank risk. But we’re not talking about 99% of… https://t.co/A736zDW8PG
Matthew Yglesias @mattyglesias
Really good post here on a large shadow change in criminal justice policy in DC that to my knowledge has not been adequately explained. https://t.co/4TIMMItJAT — PolitiTweet.org
Matthew Yglesias @mattyglesias
@EricLevitz Yeah like I, personally, have dramatically reduced reading stamina relative to 20-25 years ago it’s not just “kids these days.” — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @EricLevitz: Social media has had a negative impact on the reading stamina of most older millennials I know. The idea that being exposed… — PolitiTweet.org
Matthew Yglesias @mattyglesias
https://t.co/wZsugns2Sm — PolitiTweet.org
The Wall Street Journal @WSJ
Breaking: Novo Nordisk, a large insulin maker, plans to cut the prices of its widely used products up to 75% to mak… https://t.co/wVkSopIx06
Matthew Yglesias @mattyglesias
I’ve been trying to get Mad Online less these days but @just_shelter arguing that there’s been no progress on poverty when there clearly has been made me very upset. Don’t say this!! https://t.co/qpozpNwcT3 — PolitiTweet.org
Matthew Yglesias @mattyglesias
The great irony of all this is that the main reason the media is so much more inflected with omnidirectional negativity these days is that the internet disrupted the calmer, more staid, more neutral-toned business models that used to prevail. ¯\_(ツ)_/¯ — PolitiTweet.org
Matthew Yglesias @mattyglesias
It’s absolutely true that the tech/VC world gets beat up unfairly some in the press, but this is true of literally everyone in society — including “the media” — and it’s hard to think of any sector with a better track record of winning policy fights. — PolitiTweet.org
Matthew Yglesias @mattyglesias
Something I've now heard from a few directions is this became a problem for potential SVB buyers who didn't want to be on the hook for something they wouldn't have time to investigate themselves. — PolitiTweet.org
Sadie Gurman @sgurman
The Justice Department and the SEC are investigating the collapse of Silicon Valley Bank, per people familiar with… https://t.co/MIIrPeGMMa
Matthew Yglesias @mattyglesias
RT @_Jon_Green: feels like a week or two ago we got a round of "don't get worked up about wild bills that will never make it out of committ… — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @MichaelDNahas: Houston reduced its minimum lot size. The result? "The lot size reform was equivalent to a one-time gift of $18,000 to… — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @jaredbrey: It's clearer every day that cities' 2010s-era ambitions are crashing against the rocks of 2020s-era cost increases and behav… — PolitiTweet.org
Matthew Yglesias @mattyglesias
It's the strong and slow boring of hard boards! — PolitiTweet.org
Jonah Goldberg @JonahDispatch
So he’s basically admitting he lied about a moral conviction for the next five decades? How heroic. Also, the idea… https://t.co/aLEXLQyaGO
Matthew Yglesias @mattyglesias
Like did we need to cut huge checks to Ron DeSantis and Greg Abbott so they could do free lunch politics while complaining that Biden is overspending? Probably not. — PolitiTweet.org
Matthew Yglesias @mattyglesias
Left of center writers and intellectuals are going to continue to furiously debate wokeness and cancel culture with further-left writers and intellectuals until the end of times, but it seems like 90% of Biden's political problems are due to fiscal/monetary decisions from 2021. — PolitiTweet.org
Matthew Yglesias @mattyglesias
Gotta get everyone on Ozempic — PolitiTweet.org
Heather Long @byHeatherLong
Rent and food are really the big pressure points now. "Food at home" up 10.2% in past year. "Rent of shelter" is… https://t.co/xQFjnmCB3i
Matthew Yglesias @mattyglesias
@DKarol See the next tweet — PolitiTweet.org
Matthew Yglesias @mattyglesias
@kwcollins It’s the reverse of what I wrote last June, the average rents lag the new rents in a predictable way. https://t.co/FegHW0ydjw — PolitiTweet.org
Matthew Yglesias @mattyglesias
Would I actually have the guts to go through with that plan if I had Jay Powell’s job? Or Joe Biden’s? I’m not sure. These are the times when I’m glad to be a writer rather than someone who has to make high stakes calls with time pressure and uncertainty. — PolitiTweet.org
Matthew Yglesias @mattyglesias
This is what I don’t 100% get about the SVB rescue. In 2008 the worry was banking crisis would weaken an already depressed economy. But if today’s economy is overheated, it seems like a stronger case for rolling the dice knowing the Fed can cut rates to support growth. — PolitiTweet.org
Matthew Yglesias @mattyglesias
You know what would slow inflation would be if a nice chunk of America’s uninsured banking deposits went up in smoke, several banks failed, and the survivors jacked up interest rates on deposits to compete for customers’ money. — PolitiTweet.org
Matthew Yglesias @mattyglesias
RT @MDRC_News: Don't overthink poverty in the United States, writes @mattyglesias. Our welfare state programs work well, but they are relat… — PolitiTweet.org
Matthew Yglesias @mattyglesias
The housing component will start looking better soon, at which point either things will improve overall or else the money not spent on rent will flow into other sectors. — PolitiTweet.org
Matthew Yglesias @mattyglesias
My exclusive analysis of today’s CPI data: Seems like interest rates are gonna keep going up. — PolitiTweet.org
Matthew Yglesias @mattyglesias
https://t.co/8g8mwfQRIU — PolitiTweet.org
