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Tony Yates

@t0nyyates.bsky.social

Economist. Ex Prof / central banker. Macro, politics, money, central banks, finance, Brexit, covid, AI, climbing, MUFC. Average mentally person.

32,026 Followers  |  1,465 Following  |  19,253 Posts  |  Joined: 01.07.2023  |  2.4124

Latest posts by t0nyyates.bsky.social on Bluesky

I wish Republicans had to be asked about this the way Democrats have to come out in support of a Sydney Sweeney jeans ad.

03.08.2025 21:52 β€” πŸ‘ 128    πŸ” 17    πŸ’¬ 5    πŸ“Œ 0
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Ruben Amorim: Man Utd boss feared going to games last season during form struggles Manchester United manager Ruben Amorim on last season's difficulties, his relationship with Sir Jim Ratcliffe and his hopes for the new season.

You and 70k others: www.bbc.co.uk/sport/footba...

03.08.2025 21:44 β€” πŸ‘ 8    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

1/Kevin Hassett had long ago discredited himself as a scholar by parroting claims about the economy he knew to be false. Even so, parroting the lie about rigged statistics, is a new low. The academy should ostracize him the same way a fabricator of research should be ostracized.

03.08.2025 19:55 β€” πŸ‘ 636    πŸ” 169    πŸ’¬ 28    πŸ“Œ 11

Trump aide Stephen Miller has accused India of financing Russia's war in Ukraine, Reuters reports.

The Modi-Trump authoritarian love-in has done a 180 in recent days. Trump is stung that India won’t do exactly what he wants.

03.08.2025 17:02 β€” πŸ‘ 164    πŸ” 24    πŸ’¬ 17    πŸ“Œ 2

An elephant would weigh roughly the same as 225,000 mice yet the elephant gets by on four legs and the mice would need 900,000. Let that sink in.

03.08.2025 16:48 β€” πŸ‘ 20    πŸ” 2    πŸ’¬ 1    πŸ“Œ 0

I like that

03.08.2025 16:49 β€” πŸ‘ 3    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

Orwell called this doublespeak, but this is reality, so we can call it Trumpspeak. Claiming you are correcting a problem of data degradation, when your intention is to degrade the data. A good bet is Hassett fills the empty Board seat, and goes on to become FOMC chair.

03.08.2025 14:53 β€” πŸ‘ 10    πŸ” 3    πŸ’¬ 1    πŸ“Œ 1
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Trump moves nuclear submarines after ex-Russian president's comments US President Donald Trump says two nuclear submarines are being deployed in the "appropriate regions".

"Trump claims to have moved nuclear submarines" would be significantly more accurate. Trump claims lots of things; occasionally, some are true, but there's no obvious reason to think this is one of them.
www.bbc.com/news/article...

01.08.2025 21:31 β€” πŸ‘ 140    πŸ” 19    πŸ’¬ 14    πŸ“Œ 1

I am probably not going to have time to watch every single episode of Gordon Ramsay’s Kitchen Nightmares or listen to everything Debussy ever wrote or read all of Zola. Marvel is a closed book to me. We’ve all got finite time and cultural abundance is the least of our problems.

03.08.2025 14:43 β€” πŸ‘ 7    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Excellent thread

03.08.2025 14:35 β€” πŸ‘ 4    πŸ” 1    πŸ’¬ 0    πŸ“Œ 0

Trump says the -818k 2024 benchmark payroll revisions show BLS commissioner McEntarfer was political and incompetent. Let’s look at the facts.
1. The revisions were released in Aug 2024, not Nov 15 as the president said. So the BLS release showing far less job growth came 3 mos. BEFORE the election

03.08.2025 14:32 β€” πŸ‘ 479    πŸ” 169    πŸ’¬ 24    πŸ“Œ 31

And yet government departments and a good many journalists and academics stay there β€œbecause there are discussions that just don’t happen anywhere else”. If missing out is the price to be paid for not facilitating a neo-Nazi’s business, it’s a more than reasonable price.

03.08.2025 09:46 β€” πŸ‘ 233    πŸ” 47    πŸ’¬ 5    πŸ“Œ 2

A meaningful comparison might be between annual NVIDIA sales and GDP. Or between market cap of NVIDIA and an estimate of the npv of the entire future stream of GDPs.

03.08.2025 14:03 β€” πŸ‘ 11    πŸ” 0    πŸ’¬ 3    πŸ“Œ 0

Yusuf is economically illiterate. Of hopes his readers are. Market cap of a company values all future flows of Β£ to the holders. GDP here is the one year total of production or payments to labour+capital.

03.08.2025 14:01 β€” πŸ‘ 63    πŸ” 11    πŸ’¬ 5    πŸ“Œ 1
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this kind of facile rubbish literally tells you nothing about anything (except that the person making such a false equivalence is an idiot, and in Yusuf's case, clearly believes too that Reform voters haven't got the wit to spot why it's rubbish):

03.08.2025 13:53 β€” πŸ‘ 46    πŸ” 9    πŸ’¬ 7    πŸ“Œ 1
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Liberal trends, populist politics: who is going to win out? Podcast with Rob Ford Rob Ford dives into the paradox of long-term liberalising trends in Britain yet plenty of wins for the Conservatives and populist right.

Liberal trends, populist politics: who is going to win out? Podcast with Rob Ford

03.08.2025 12:48 β€” πŸ‘ 14    πŸ” 5    πŸ’¬ 1    πŸ“Œ 0

Peer review? Oh yeah that thing where strangers remind you of everything you already feel bad about

03.08.2025 12:14 β€” πŸ‘ 38    πŸ” 5    πŸ’¬ 4    πŸ“Œ 1
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I like that historical artifacts are preserved

03.08.2025 09:31 β€” πŸ‘ 26    πŸ” 0    πŸ’¬ 2    πŸ“Œ 1
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Scotland’s dark Satanic mills… I think that’s how the song goes

03.08.2025 09:24 β€” πŸ‘ 18    πŸ” 0    πŸ’¬ 2    πŸ“Œ 0
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I like Scotland

03.08.2025 09:07 β€” πŸ‘ 55    πŸ” 1    πŸ’¬ 3    πŸ“Œ 0
Writing lecture notes in Quarto during missile attack in Kyiv underground

Writing lecture notes in Quarto during missile attack in Kyiv underground

#AcademicLife in Ukraine: preparing for lectures at night during a massive missile attack on Kyiv in an overcrowded underground station
#EconSky #UkrainianView #RStats

30.07.2025 21:33 β€” πŸ‘ 402    πŸ” 90    πŸ’¬ 13    πŸ“Œ 2

I’m beginning to think the tv show The Apprentice is the most potently dangerous thing ever created. Not just what it did for Trump but for fostering the idea that mega rich business people have special talent for running things, ignoring the fact they are mostly just lucky.

03.08.2025 07:16 β€” πŸ‘ 53    πŸ” 7    πŸ’¬ 4    πŸ“Œ 0

Yep

03.08.2025 07:21 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

We’ve got the classic UK mess that we have laws that can easily (and in some ways correctly) be framed as draconian – but they’re enforced by a regulator that can barely handle its day job of overseeing linear TV, and backed by a government who doesn’t want a fight with Trump and America over it.

03.08.2025 07:00 β€” πŸ‘ 137    πŸ” 27    πŸ’¬ 9    πŸ“Œ 3

X should be shut down. It’s a cowardly failure of regulation and government inaction that it’s not.

03.08.2025 06:57 β€” πŸ‘ 483    πŸ” 74    πŸ’¬ 19    πŸ“Œ 3

I can’t read this to gauge its accuracy but that would be a lot of $ spaffed up the wall very quickly.

03.08.2025 06:57 β€” πŸ‘ 25    πŸ” 7    πŸ’¬ 6    πŸ“Œ 0
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These are the top replies, being financially rewarded for posting this stuff, and the explanation offered by the site’s own AI for why it’s like that.

Anyway just flicking through the Sunday newspapers reading about some minor content infractions that Ofcom might look into at the BBC/Channel 4.

03.08.2025 06:34 β€” πŸ‘ 1194    πŸ” 346    πŸ’¬ 74    πŸ“Œ 76

1776: Much cow-grass well-housed. Hay all finished-off in most delicate condition.

03.08.2025 06:00 β€” πŸ‘ 20    πŸ” 2    πŸ’¬ 0    πŸ“Œ 1

😍

03.08.2025 06:32 β€” πŸ‘ 0    πŸ” 0    πŸ’¬ 0    πŸ“Œ 0

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