Adam
@adamshap.bsky.social
Macrodata Refinement Personal account | Views are my own
🥴 “What do you want money for? …If robots and AI are providing more goods and services than any human could possibly consume, what do you need money for in that case?" youtu.be/XuoqKYxDHVc
The full-length interview with Elon Musk | The Economist
YouTube video by The Economist
youtu.be
🥴 “What do you want money for? …If robots and AI are providing more goods and services than any human could possibly consume, what do you need money for in that case?" youtu.be/XuoqKYxDHVc
The full-length interview with Elon Musk | The Economist
YouTube video by The Economist
youtu.be
ISMI is updated, showing some persistent disinflationary momentum in the last few months
ISMI is updated, showing some persistent disinflationary momentum in the last few months
For those tracking wildfire smoke, the “IQair AirVisual” app is a good one
For those tracking wildfire smoke, the “IQair AirVisual” app is a good one
Blue line (you’re ONsides if any part of your body is touching the line before the puck) Fouls are timed penalties, then you go back in Fighting is “allowed” to relieve player frustration Scoring is hardly 0-0
Update: France will not win the World Cup
Adam@adamshap.bsky.social · last mo.France will win the World Cup
The Fed's credibility in countering excess demand is what earns it room to also "see through" supply shocks. It also means supply-driven inflation is genuinely harder to fight, partly because the transmission mechanism itself weakens.
Adam@adamshap.bsky.social · 3w agoWe’ve updated “Not all inflation is the same” Markets react to Fed rate hikes differently depending on the inflation driver When inflation is demand driven, a tightening moves long term yields substantially When it’s supply driven, that same tightening barely transmits to long term yields
The Fed's credibility in countering excess demand is what earns it room to also "see through" supply shocks. It also means supply-driven inflation is genuinely harder to fight, partly because the transmission mechanism itself weakens.
Adam@adamshap.bsky.social · 3w agoWe’ve updated “Not all inflation is the same” Markets react to Fed rate hikes differently depending on the inflation driver When inflation is demand driven, a tightening moves long term yields substantially When it’s supply driven, that same tightening barely transmits to long term yields
We’ve updated “Not all inflation is the same” Markets react to Fed rate hikes differently depending on the inflation driver When inflation is demand driven, a tightening moves long term yields substantially When it’s supply driven, that same tightening barely transmits to long term yields
We’ve updated “Not all inflation is the same” Markets react to Fed rate hikes differently depending on the inflation driver When inflation is demand driven, a tightening moves long term yields substantially When it’s supply driven, that same tightening barely transmits to long term yields
Ice hockey (and the NHL) have optimized the rules of their game. Soccer could learn a lot from hockey
