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Robert Hockett Profile picture
Robert Hockett
@rch371
Cornell Law School, Georgetown Business School, Westwood Capital LLC, @NewConsensus. Formerly FRBNY & IMF. Art, ideas, other offenses my own, not affiliates’.
Alexis Kelley Profile picture 1 subscribed
Apr 2, 2023 • 8 tweets • 3 min read
1/7 LOL. The thought of not being there in the middle to skim off what the US Treasury pays its own citizenry is beyond the capital pale for these rentiers. #DigitalGreenbacks, please. A #DemocraticDigitalDollar right now. bpi.com/why-is-the-fed… 2/7 ft.com/content/be5f3a…
Feb 5, 2023 • 12 tweets • 3 min read
1/12 'If the whole Phillips Curve thesis is in doubt, then the basis for Fed decision making is in doubt, too. And if the labor market doesn’t explain inflation, then what does?'

Been saying it for 3 years: production! Cf. the sampling in comments. washingtonpost.com/opinions/2023/… 2/12 forbes.com/sites/rhockett…