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Daniela Gabor

@danielagabor.bsky.social

9.2K followers 310 following 1.2K posts

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Economics 83%

Political science 7%

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Reposted by Benjamin Braun

Daniela Gabor @danielagabor.bsky.social · 6h

here from last year

www.ft.com/content/5209...

The Bank of England is misusing its fiscal powers

Unwinding QE must not be allowed to tie the hands of Government

www.ft.com

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Reposted by Benjamin Braun, John Hogan

Daniela Gabor @danielagabor.bsky.social · 6h

the British macro elite is finally saying what I and others have been pointing out for nearly 5 years:

we need a new institutional framework that reduces the fiscal powers of central banks, in particular the Bank of England

www.ft.com/content/3640...

We need a new monetary-fiscal settlement

A fresh regime is required for a world of high debt and large central bank balance sheets

www.ft.com

2 6 10

Daniela Gabor @danielagabor.bsky.social · 6h

I for one remember that it was Mervyn King who designed the QE/QT program that makes Bank of England the only game in town, so I'd be a bit more careful with whitewashing his legacy

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Reposted by Steve Keen

Reposted by Daniela Gabor

Daniela Gabor @danielagabor.bsky.social · 1d

thanks everyone, I have now solved the mystery, eduroam (uni wifi) blocks access to bitcoin websites to encourage focus on learning :)

Daniela Gabor @danielagabor.bsky.social · 1d

ha, not even, trying to check the market cap of the trump stablecoin

Daniela Gabor @danielagabor.bsky.social · 1d

hmm, how did I develop this particular problem is beyond me...

Daniela Gabor @danielagabor.bsky.social · 1d

help British peeps, can you access - for some reason I get an error message that I dont want to be too conspiratorial about

www.coingecko.com/en/coins/usd...

USD1 Price: USD1 Live Price Chart, Market Cap & News Today | CoinGecko

Track the latest USD1 price, market cap, trading volume, news and more with CoinGecko's live USD1 price chart and popular cryptocurrency price tracker.

www.coingecko.com

3 1

Reposted by Daniela Gabor

Reposted by Steve Keen

Reposted by Alex Callinicos, Steve Keen

Daniela Gabor @danielagabor.bsky.social · 2d

an alien species looking back to our end of times, and notice that in the year of the most gigantic (AI) bubble to ever inflate, the powers that be gave the Nobel to the most insipid theory of technological change and growth in economics

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Daniela Gabor @danielagabor.bsky.social · 2d

we could call them closeted marxists for hiding technology into a Cobb Douglas production function but amazing choice to Nobel endogenous growth theories again, after Paul Romer's 2018 prize and in an age of rapid tech change that cannot be explained even remotely by these theories

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Daniela Gabor @danielagabor.bsky.social · 2d

amazingly, it's neither the father of mainstream macro, nor the random forests econometrician.

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Reposted by Prokla Redaktion

Daniela Gabor @danielagabor.bsky.social · 2d

giving the econ non Nobel to a (former) IMF shock therapist would crown this year's 'it's a conservative world' Nobel vibe

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Daniela Gabor @danielagabor.bsky.social · 7d

God give me the confidence of an Argentinian (central banker) - here the bold claim that central bank independence would have saved Argentina from the Peronists and international financial subordination.

www.ft.com/content/9cdb...

Lessons for the Fed from my time at the helm of Argentina’s central bank

As I learnt to my cost, attacks on the independence of the institution never end well

www.ft.com

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