Jens van 't Klooster 💸💸💸
@jvtk.bsky.social
Political Economy, technocracy, legitimacy and more | "Non-profit finfluencer” | @UvA_AISSR @Politics_UvA
"The dollar is our money, but your problem." - How could the EU change this, 55 years after this quote by Nixon's Treasury Secretary? @shahinvallee.bsky.social and @jvtk.bsky.social have a plan. I've looked into it for "The Morning Post Europe". europemorningpost.substack.com/p/how-to-tur...
How To Turn the Euro Into A Solution For The Problem Named Dollar
Good morning!
europemorningpost.substack.com
Trump has made more stock trades in his second term than all 535 members of Congress combined.
Not just the fastest, or the cheapest, or the best, but the *only* possible solution to climate change is a rapid global buildout of clean energy infrastructure. If you're standing in the way of that, you're not working on climate change & should be honest with yourself about your priorities.
Ik hoor dat OCW een voorgenomen besparing van 243 miljoen euro per jaar op het ambtenarenbestand heeft...
Chris Julien@chrisjulien.eurosky.social · 7d agoDe baas van NWO is een volslagen idioot
I haven't read this yet, but I will immediately and you should too
Jens van 't Klooster 💸💸💸@jvtk.bsky.social · 7d agoOur article Cryptomercantilism vs Monetary Sovereignty with Eric Monnet and Edoardo Martino is now out #openaccess in the Journal of Financial Regulation. Here: academic.oup.com/jfr/advance-... A quick thread
I had ChatGPT summarize it for me, and it's still very good. Basically, the U.S. is using stablecoins as a weapon to extend the dollar's global dominance. #EconSky This part jumps out at me:
Our article Cryptomercantilism vs Monetary Sovereignty with Eric Monnet and Edoardo Martino is now out #openaccess in the Journal of Financial Regulation. Here: academic.oup.com/jfr/advance-... A quick thread
Tech bros don’t want you to see Alex Gibney’s documentary, Musk.
TikTok “Permanently Suspends” the ‘Musk’ Film Ad Account, Raising Suppression Fears (Exclusive)
Move comes just as Alex Gibney doc film expands to nearly 500 screens. Distributor Bleecker Street says it is appealing.
hollywoodreporter.com
This serves as advertisement for Alex Gibney’s documentary, Musk, opening October 9. Pass it on.
The Major Social Media Platforms Are All Rejecting Paid Ads for Alex Gibney’s ‘Musk’ (Exclusive)
YouTube, TikTok and Meta have all turned down the trailer for the Oct. 9 doc, citing “political” content. X won't even take Bleecker Street's calls. The distributor is appealing.
hollywoodreporter.com
Tippy global euro in one fabulous diagram, 🌟
Jens van 't Klooster 💸💸💸@jvtk.bsky.social · 4w agoThe Building the Global Euro report summarised in one simple diagram...
EU dollar dependence is rooted in global pricing practices ranging from the dollar-denominated benchmarks of the London Metal Exchange and agricultural commodities at the Chicago Board of Trade to complex high-tech and aerospace supply chains (think AMSL)
Jens van 't Klooster 💸💸💸@jvtk.bsky.social · 4w agoThe puzzle: The EU is deeply embedded in the global dollar system, creating geopolitical risks and undermining EU sovereignty. However, the EU is a large trading block and has all the institutional conditions to make the euro into an alternative to the dollar.
investing in AI labs will wipe out humanity, fully fund pensions.
Financial Times@financialtimes.com · 4w agoThe warning to investors came in a long-awaited listing prospectus circulated in recent days with a small group of partners. The AI start-up in the same document recorded an $8bn operating loss on $4.6bn in revenue last year. ft.trib.al/yy0WPfN
The Building the Global Euro report summarised in one simple diagram...
Jens van 't Klooster 💸💸💸@jvtk.bsky.social · 4w agoWe think the real constraints are political and institutional. More than 200 separate bodies share responsibility across payments, investment and trade (we give you a list in the appendix). A concerted strategy needs to work across fields.
Finally out, with @shahinvallee.bsky.social our ambitious story for European Macro Policy Network (EMPN) on the future of the global euro empn.eu/publication/...
Couldnt be more timely! In @jeppjournal.bsky.social (open access), a detailed post mortem of the 2022 inflation shock, and suggestions how to do better this time.
Isabella M. Weber@isabellamweber.bsky.social · last mo.Just in time for the latest oil price spike, we published our article urging the ECB not to hike rates to fight a supply shock. Europe needs a new inflation governance for shockflation. We need disaster preparedness for essentials instead of increasing investment costs.
I feel sorry for the dentists and doctors. I also recall my presentation in 2024 at a meeting of their pension funds' asset allocators in Cologne. I delivered my usual message: Channelling pension capital into private assets is a really bad idea. They were not happy. Oh well.
I wrote this for @phenomenalworld.bsky.social on the politics of Peru's growth model in the wake of Fujimori's election. The "Peruvian Model" is praised for resilient macro stability amid political turmoil — but I focus on its downsides: how it blocks structural change and hollows out democracy.
Phenomenal World@phenomenalworld.bsky.social · 2mo ago“The contrast between political instability and macroeconomic stability is known as the Peruvian ‘paradox.’ But Peru’s democratic decline is intimately related to its economic status quo.” NEW: @stephangruber.bsky.social on Fujimori’s position in Peru’s political economy x.com/phenomenalwo...
Hittestress in de woning is een urgent thema. Wat weinig aandacht krijgt: degenen die het meest worden blootgesteld aan hittestress kunnen er het minst tegen doen. Hoog tijd deze dubbele ongelijkheid aan te pakken met een recht op koele huisvesting @jvtk.bsky.social www.volkskrant.nl/columns-opin...
Opinie: Iedereen heeft recht op een koele woning
Degenen die het meest worden blootgesteld aan hittestress kunnen er momenteel het minst tegen doen. Een recht op een koele woning pakt deze dubbele ongelijkheid aan, met een gezondere woning tot gevol...
volkskrant.nl
Imagine if hundreds of people died in hurricane or floods smashing through Europe Heatwaves have already killed that many ppl. They are a silent killer in that they dont generate outrage or fear. Hope this by @economist.com helps save lives as Europeans wake up to danger bsky.app/profile/eate...
Oliver Morton, Eater of Sun@eaterofsun.bsky.social · 4mo agoMy round up of @economist.com's heatwave coverage (gift link) www.economist.com/europe/2026/...
Can the ECB stop chasing oil price spikes, please? This is the message of this important study in a nutshell. Inflation is all about fossilflation. So, we need a way to stabilize our economies that does not undermine the green transition we need, which is exactly what rate hikes end up doing.
Benjamin Braun@benbraun.social · 4mo agoThe ECB just hiked into an oil price shock, again. In our new paper for the EP Monetary Dialogue, we argue that this needs to stop. 🧵 If inflation is a function of the energy mix (✅) and the energy mix a function of monetary policy (✅), then even a narrow reading of the ECB’s mandate ... 1/
Tightening against an energy price shock is a crude response, that only works if it chokes the economy, and green investment with it. It shouldn't be so controversial for the ECB to accept it.
Benjamin Braun@benbraun.social · 4mo agoThe ECB just hiked into an oil price shock, again. In our new paper for the EP Monetary Dialogue, we argue that this needs to stop. 🧵 If inflation is a function of the energy mix (✅) and the energy mix a function of monetary policy (✅), then even a narrow reading of the ECB’s mandate ... 1/
Very interesting paper and thread by friends on the tensions between inflation fight and accelerating the transition (which is key to anchor long term inflation expectations).
Benjamin Braun@benbraun.social · 4mo agoThe ECB just hiked into an oil price shock, again. In our new paper for the EP Monetary Dialogue, we argue that this needs to stop. 🧵 If inflation is a function of the energy mix (✅) and the energy mix a function of monetary policy (✅), then even a narrow reading of the ECB’s mandate ... 1/
The ECB just hiked into an oil price shock, again. In our new paper for the EP Monetary Dialogue, we argue that this needs to stop. 🧵 If inflation is a function of the energy mix (✅) and the energy mix a function of monetary policy (✅), then even a narrow reading of the ECB’s mandate ... 1/
Counterpoint: Easy to make case that the ECB should not have hiked in an undifferentiated manner. The EMPN team are making that case in our upcoming Monetary Dialogue Paper, out next week. @claraleonard.bsky.social @jvtk.bsky.social
FinTwitter@fintwitter.bsky.social · 4mo agoECB'S LANE: HARD TO MAKE CASE THAT WE SHOULDN'T HAVE HIKED
When oil prices rise, the ECB hikes rates. The show is entering its 6th season. From ongoing work of the EMPN network with @claraleonard.bsky.social, @jvtk.bsky.social & Eric Monnet.
The latest Banking on Climate Chaos report finds that financing of fossil fuels has increased. But financing varies largely by region. The US and Japan have invested the most, while Europe has declined.
Fossil fuel financing by big banks jumped 8% in 2025, analysis finds
More than a third of banks, particularly in Europe, cut fossil fuel financing due to regulation.
greencentralbanking.com
