Jesse Felder The public debt is nothing more than the $ spent by gov that haven't yet been used to pay taxes. They sit in the economy as cash and as $ in reserve accounts and securities accounts (tsy secs) on the Fed's books. It functions as the net money supply.

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modernmoneybasics.com

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Oil hedging volumes hit new records as US producers rush to lock in soaring prices reuters.com/business/energ…

I keep it nutrient-dense, clean, and frequency-aligned. On a daily basis I eat 🍽️ • Jasmine rice, ground turkey, chicken, salmon • Grass-fed beef (occasionally, primal reset) • Sweet potatoes, broccoli, brussels sprouts, garbanzo beans • Hard-boiled eggs, Greek yogurt,

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Steven Hail The Gov's Treasury borrows funds the Gov's CB supplies to the buyers of the securities, so on a consolidated basis the Government doesn't borrow.

The 19% “decline” 🥴 in health insurance costs over five years isn’t reflecting what households actually pay, but rather how the BLS imputes the value of insurance using retained earnings and benefit payout ratios from insurers. In other words, if insurers report a period of

Great beach reading! amazon.co.uk/Multicurrency-…

Federal Spending | U.S. Treasury Fiscal Data share.google/UJeWHiopB5kL5X…

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One thing I totally missed is that tariffs do create a channel for more govt spending, ie govt paying the higher prices. This transforms the relative value shift caused by tariffs into an absolute value change i.e. a change in the price level, casually called inflation.

Cancer treatment just changed forever. Instead of destroying cancer cells, scientists learned how to reprogram them back into normal, healthy cells. This is one of the biggest science breakthroughs in years... Here's how this could change the world:

Relearning Economics Nope. All that QE showed is that with IORB in place, the Fed has no control of anything.

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