Policy Tensor (@policytensor) 's Twitter Profile
Policy Tensor

@policytensor

Anusar Farooqui, Founder and CEO, Systematic Portfolios LLC. Words: policytensor.substack.com/?sort=top

ID: 16158055

linkhttp://www.systematicportfolios.com calendar_today06-09-2008 16:22:33

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Policy Tensor
@policytensor

a month ago

The answer is obvious. It’s a bad theory. It’s bad bc investments are not financed by savings. They’re financed by loans created from thin air! A massive wedge separates S and I bc of the aggregate leverage in the system expands and contracts with the global financial cycle. 2/

The answer is obvious. It’s a bad theory. It’s bad bc investments are not financed by savings. They’re financed by loans created from thin air! A massive wedge separates S and I bc of the aggregate leverage in the system expands and contracts with the global financial cycle. 2/