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Rohan Grey

"They [Twitter] had absolutely been making huge strides and opening up their API platform, but clients like ours were always going to be second- or third-class citizens,” says Haddad. “Whereas with Mastodon, that's absolutely not the case.”"

engadget.com/twitter-client-de

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Rohan Grey

RT @benmschneider@twitter.com

You: the coin is ridiculous

Me: look at the terrible alternatives and mint the thing 🪙 twitter.com/jstein_wapo/status

🐦🔗: twitter.com/benmschneider/stat

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Rohan Grey

RT @dceiver@twitter.com

mmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmmint the coin twitter.com/JStein_WaPo/status

🐦🔗: twitter.com/dceiver/status/161

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Rohan Grey

RT @NathanTankus@twitter.com

@DavidBeckworth@twitter.com @BobBrinker@twitter.com What's a coin or a deferred asset between friends?

🐦🔗: twitter.com/NathanTankus/statu

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Rohan Grey

RT @MatthewSitman@twitter.com

I think that as I've gotten older, and thus seen a bit more of the world, noticing all the various ways a life can go wrong—a person can fall on hard times, the unexpected disaster that lays you low, etc—the more my politics have just become about alleviating the suffering we can

🐦🔗: twitter.com/MatthewSitman/stat

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Rohan Grey

thenation.com/article/economy/

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Rohan Grey

pretty sure what he conquered was the labor movement

RT @markets@twitter.com

Paul Volcker conquered double-digit inflation in the 1980s, but at an enormous expense trib.al/tiXLsdd

🐦🔗: twitter.com/markets/status/161

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Rohan Grey

RT @_henry_snow@twitter.com

@rohangrey@twitter.com this is especially heartening given that (hopefully) anyone who has to fall back on legality knows, when push comes to shove, that claims about deposit legitimacy would be an indefensible reason to tank the global economy. I can't imagine the fed choosing this hill to die on

🐦🔗: twitter.com/_henry_snow/status

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Rohan Grey

RT @NathanTankus@twitter.com

@JStein_WaPo@twitter.com @BDGesq@twitter.com It would also put them under pressure to buy treasury securities to avoid the debt ceiling and thus default. Far more interference with monetary policy than the coin, which the Fed can offset with treasury sales.

🐦🔗: twitter.com/NathanTankus/statu

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Rohan Grey

This is a *huge* step forward from "this is hyperinflationary/economically unsound". The fight has moved past economics to legality - specifically, interagency/interbranch logistics: "sure the *President* could, but would everyone else go along with it?".

One brick at a time.

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Rohan Grey

The last few weeks of debt ceiling/trillion dollar coin discourse has had a lot of moving parts, so easy to miss the forest from the trees, but worth taking a brief victory lap about the fact the majority of serious opposition at this point is stuck on "the fed won't accept it"

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Rohan Grey

RT @MCzerwienski@twitter.com

My dating life is going great

🐦🔗: twitter.com/MCzerwienski/statu

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Rohan Grey

RT @NathanTankus@twitter.com

This coming February is the 35th anniversary of the deaths of Gardiner Means & Alfred Eichner. They died five days apart. Great losses for Post-Keynesian economics- especially for Post-Keynesian microeconomics & pricing- that Post-Keynesianism in some ways never recovered from

🐦🔗: twitter.com/NathanTankus/statu

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Rohan Grey

RT @TheSubHunter1@twitter.com

Ever wondered how a nuclear is powered ?

This simple diagram explains it clearly

🐦🔗: twitter.com/TheSubHunter1/stat

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Rohan Grey

.

RT @daithaigilbert@twitter.com

NEW: Inside a Nazi homeschooling group run by the Lawrences, a couple from Upper Sandusky, OH, and parents of four young children.

The group has almost 2,500 member and the founders say its aim is "making sure that children become wonderful Nazis”

1/6

vice.com/en/article/z34ane/neo

🐦🔗: twitter.com/daithaigilbert/sta

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Rohan Grey

RT @NathanTankus@twitter.com

twitter.com/JStein_WaPo/status

🐦🔗: twitter.com/NathanTankus/statu

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Rohan Grey

RT @mucha_carlos@twitter.com

@CarlitosMMT@twitter.com @rohangrey@twitter.com @BobMurphyEcon@twitter.com @GeorgeSelgin@twitter.com That would be an incredibly Orwellian argument. Once you acknowledge the statutory authority Congress gave the Tsy Secretary, “force” has nothing do with it, the legal term is “supervision and control”.

🐦🔗: twitter.com/mucha_carlos/statu

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Rohan Grey

RT @mucha_carlos@twitter.com

@rohangrey@twitter.com @BobMurphyEcon@twitter.com @GeorgeSelgin@twitter.com Yeah, it’s not even a unitary executive theory constitutional issue where a statute makes an agency independent of the Executive Branch. The statute (Federal Reserve Act) actually gives Secretary “supervision and control” over the Fed when their respective powers conflict.

🐦🔗: twitter.com/mucha_carlos/statu

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Rohan Grey

RT @MaxKennerly@twitter.com

@rohangrey@twitter.com @mucha_carlos@twitter.com @BobMurphyEcon@twitter.com @GeorgeSelgin@twitter.com Indeed. If the Fed has an independent power to determine what is and isn't legal tender coming from Treasury, then it can reject anything, not just the platinum coin. It could tell the Treasury that cash, t-bills, and t-bonds are invalid.

That's obviously wrong.

🐦🔗: twitter.com/MaxKennerly/status

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Rohan Grey

RT @mucha_carlos@twitter.com

@BobMurphyEcon@twitter.com @GeorgeSelgin@twitter.com @rohangrey@twitter.com Hmm, the Fed’s refusal to accept the Coin sounds like the Secretary’s power to mint coins and manage the public debt would be in conflict with the Federal Reserve’s power to accept for deposit lawful money. I wonder how the Federal Reserve Act resolves conflicts of this sort?

🐦🔗: twitter.com/mucha_carlos/statu

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TheGreyElephant

Rohan Grey's personal Mastodon server. Mastodon is like Twitter, but federated, so anyone can host a server. Reach out if you want help setting up your own.

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