Layna Mosley

@laynamosley.bsky.social

Political economy of finance; supply chains & worker rights; Princeton Sovereign Finance Lab. @princetonpolitics.bsky.social Co-editor of International Organization. Recovering trail runner, very amateur rower. https://laynamosley.scholar.princeton.edu/

Excellent piece here. There is such as thing as the petrodollar, as piece makes clear, but it's only one part of the bigger, more important eurodollar system where any bank can add a liability to its own balance sheet and call it a dollar. www.ft.com/content/be34...

There’s no such thing as the petrodollar

War on Iran is changing the currency calculations of Gulf energy exporters. But the dollar’s global role depends on far more than the denomination of a barrel of oil

ft.com

Things that help calm the nervous system, quickly: - Box breathing (in for 4, hold for 4, out for 4, hold for 4, repeat) - Immerse your face in cold water (activates mammalian dive reflex) - Humming (stimulates vagus nerve) - Exercise (anything helps, outside even better) - Impeachment and removal

👇🎯 Again, neither ___ is Evil, nor ___ does Very Bad Things, nor ___ is Maybe Still Trying to Get Nuclear Weapons are justifications for what is happening now. Lots of folks & organizations are telling on themselves by revealing preferences for 👇 as the general principle. bsky.app/profile/mcop...

Dean Barker@deanbarker.bsky.social · 5mo ago

With Venezuela and Iran, the President has normalized one country removing the leader of another whenever they like and because they can, with no reason, no wrong or harm suffered to justify it. It strikes me that the world is far more dangerous now with this as a new normal for nations.

Beginning to think he *actually* doesn't understand who pays tariffs. Not even who pays them in terms of pass-through, but who pays them when goods are imported... “It doesn’t make sense,” Mr. Trump said on Friday, “that Countries and Companies that took advantage of us for decades.... [1/2]

tony romm@tonyromm.bsky.social · 5mo ago

NEW: The Trump administration took steps late Friday to try to delay the legal proceedings on tariff refunds by as much as four months www.nytimes.com/2026/02/27/b...

A few years ago, our local middle school changed its name. After much discussion of for whom it might be renamed, the school board decided to just go with "Princeton Middle School." Hilarity ensues.

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First para of the order imposing Section 122 tariffs warns that currency depreciation & balance of payments deficits "can, among other things, endanger the ability of the United States to finance its spending, erode investor confidence in the economy, and distress the financial markets." [1/2]