Iñaki Aldasoro

I do recognize the skill of course, but man do I find figure skating utterly boring

Shocking; it is clearly the T+1 lobby

The implication is that making a good investment out of many (with other people’s money) exonerates you from stealing many more people’s money.

a man in a suit is holding a glass of water in his hand . ALT: a man in a suit is holding a glass of water in his hand .

Robotically evil as well

do you think they were twirling their moustache while writing that memo?

Hahah yesss

Oh my god, I read it now. The monetary economist in me died something like 7 painful deaths in the process.

Indeed: AAAAAAAAAAAAAAAHHHHHHHHH

Also, why is a pitch article called an opinion article?

Fun fact: stablecoin market cap has been flat since early October, suspiciously coinciding with the peak in BTC prices. Very payments, much uses cases

Haha exactly, similar to how many things in the media fail to be reported as “illegal”

a man in a suit and tie is sitting at a desk looking at a book . ALT: a man in a suit and tie is sitting at a desk looking at a book .

Well-played Karthik, well-played

Woah woah woah hold on a second there, you cannot just go around stealing my line

a cartoon squirrel with big eyes and a blue sky in the background with tig.am at the bottom ALT: a cartoon squirrel with big eyes and a blue sky in the background with tig.am at the bottom

Yours truly as I read some stuff on stablecoins

bsky.app/profile/infi...

“Defeats the public policy case for prediction markets”
I just… I can’t even…

Re-upping an oldie

People are jot doing their job right here; or as @quinnslobodian.com says in reply to the post, “Incredible amount of misinformation circulates prefaced by the words "Musk argues that"”

Right there in the first paragraph everything is properly set up to say plainly what most people understand to be the case, namely that he is bailing out a structurally mismanaged loss-making machine us g a cash cow heavily reliant on government contracts, to then cash out.

AAAAAAAAAAAAAAAAAAAHHHHHH

bsky.app/profile/infi...

Yep pretty much

The titles to each panel give all the info that the majority of readers want. The notes give details for the readers that are into that.
I don’t see a major issue, nor anything impenetrable: the text in the notes is boring stuff and it would make the overall look of the graph ugly if enlarged

Also potentially of interest to @rajakorman.bsky.social @stevenkelly49.bsky.social @profhilaryallen.bsky.social

Stablecoins, money market funds and monetary policy Using a new series of crypto shocks, we document that money market funds’ (MMF) assets under management, and traditional financial market variables mo…

Indeed, though some nuanced differences that can be consequential

www.sciencedirect.com/science/arti...

Cc @tobyn.bsky.social @robinwigglesworth.ft.com @pauljdavies.bsky.social @davidbeckworth.bsky.social @buddyyakov.bsky.social @izakaminska.bsky.social @isabelschnabel.bsky.social @katie0martin.ft.com @matt-levine.bsky.social @josephpolitano.bsky.social @danawrey.bsky.social @danielagabor.bsky.social

Most importantly, following recent literature we provide evidence that the effects are state dependent in terms of liquidity: effects are stronger when liquidity is low and can become insignificant when it is high