Discover and read the best of Twitter Threads about #FiscalCliff

Most recents (1)

Many #investors will be focusing on the #PresidentialDebates, which begin tonight, but while there are quite meaningful #policy differences between the parties, ongoing structural #deficits are likely to exist regardless of who wins in November.
Further, to the extent that these #deficits are #monetized by the @federalreserve, then significant increases in #money supply could drive nominal #GDP growth for a time, even in the absence of new fiscal initiatives.
Also, we’re skeptical of the arguments that fret over a #FiscalCliff, since the @USCBO estimates that even with no further #stimulus measures, the U.S. will have a #deficit of 8.5% of #GDP for fiscal 2021.
Read 5 tweets

Related hashtags

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3.00/month or $30.00/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!