Iñaki Aldasoro

Gonna re-share this. I have seen this movie before, and it does not have a good ending

bsky.app/profile/alda...

National Bank of Slovakia staff were randomly assigned GPT-4o access. AI improved output quality by up to 44% & cut completion time by 21%, with the largest gains on non-routine work. Lower-skill staff saw biggest quality boosts, while higher-skill colleagues saved most time
cepr.org/voxeu/column...

Very nice article, providing yet another angle for the “unbundle to realise the value of bundling hypothesis”

Very nice article, providing yet another angle for the “unbundle to realise the value of bundling hypothesis”

Waller and Bowman dissent on the Fed's decision to hold on Wednesday, the first time two board members have opposed a monetary policy decision since 1993

Congratulations to the English women football team. They have done what their male peers never achieved: winning a trophy away from home.

<this_is_fine.gif>

I opened my PhD dissertation with a quote from JL Borges: “the concept of a definitive text belongs only to religion or exhaustion”. I think something similar applies here

I’ll go first

It’s up to us to make it about savings and global imbalances Jo

Just like brushing one's teeth, there is a little act of everyday hygiene we could all benefit from: it's to recognize when a topic is a specific Online-American affliction, and refuse to participate. No one not US based needs to chime in on cooking vs 'doordash'. Ignore it like you ignore baseball

a man in a suit and tie looks surprised ALT: a man in a suit and tie looks surprised

New Brad Mehldau album entirely with Elliott Smith’s covers

About 10 years I’d say

So, just taxis then?

TS LOMBARD: The impact of stablecoins on short-term debt issuance “carries a lot of risks, as the passthrough from policy rates into debt servicing costs would be much faster and painful if the Fed raised interest rates to fight inflation or respond to a shock ..” 👀

I know that graph!

Same here

Also direct (implicit) reference to the paper with Mehrling and Neilson

The future is full of these people

Goldman, BNY To Offer Tokenized Money Market Funds - CNBC

Happy 30th Anniversary to Elliott Smith's eponymous second studio album ‘Elliott Smith’ originally released July 21, 1995 | Listen to the album + watch the official video for "Coming Up Roses" here: album.ink/ESmithES

www.bis.org/publ/work119...

This, but for U2 albums.

That’s “with cause” if you ask me

You now

Jho Low living high-life in Shanghai, using Greek name, fake passport, claim journalists In a livestream last night, Bradley Hope and Tom Wright claimed that Low was living in Green Hills, a super high-end neighbourhood.

Malaysian playboy central to the 1MDB corruption scandal found living under a new identity in a Shanghai suburb.

Jho Low masterminded the embezzlement of $4.5bn from Malaysia’s development fund, using the proceeds to buy property, art, a private jet and a superyacht. #BillionDollarWhale

Yes.