Discover and read the best of Twitter Threads about #Chancellor

Most recents (5)

Why #Kwarteng should have sacked the #Governor of the Bank of England.

/thread
Kwasi #Kwarteng would not have realised, when he first announced his intention to be a tax-cutting, pro-growth, fiscally-responsible #Chancellor that he had immediately set in motion the daggers that would be thrust in his back 38 days later.
/1
The Bank of England, guardian of the nation’s wealth and cornerstone of its economic management originally started life as a private company, funded by subscription under Royal Charter in 1694, as a means to finance the public purse, depleted by various wars.
/2
Read 39 tweets
(1/23) This thread is mainly addressed to my #German followers, but it could also be interesting for those who always wanted to know how Germany could become the most culturally leftist country on the European continent. Accordingly, this thread is a #political #commentary by me.
(2/23) It is about the historical personality of the first post-war chancellor, Konrad Adeneauer. I also would like to finally dispel a myth that still plagues German conservatives, by which I do not mean recationaries, but all those who do not want to destroy their own country.
(3/23) This myth is the myth of the "good old", #50s and #60s, #CDU (Christian Democratic Party) and the question of what role a post-war #Germany could have played if #Adenauer and his party had not made completely wrong decisions about essential political directions.
Read 24 tweets
The requirement for #fiscalpolicy is to find the right balance between flexibility to respond to changing socioeconomic circumstances and the credibility to maintain control of #debt.

A THREAD 🧵⬇️

1/8

#AutumnStatement
#UKeconomy
#EconTwitter

niesr.ac.uk/publications/d…
Rules-based policies matter for credibility as they impose both external and internal discipline, help ensure economic agents condition on the govt’s plans and allow us to understand progress relative to the plan, as we outlined in our research back in the spring of 2021 👆

2/8
We suggest five main proposals for a new #fiscalframework which seeks to address the current deficiencies:

1⃣ ▶️ The #Chancellor should set out a structured timetable for fiscal events and deliver a #Budget speech focused on the state of the economy and the

3/8
Read 8 tweets
1/6: The current German Center-Left/Center-Right so-called "#GrandCoalition" #GroKo is now without a #majority in the polls. This increases the likelihood that #Merkel's departure in fall 2021 will not only usher in a change of government and #chancellor.
pollytix.de/wahltrend/?fbc…
2/6: The #Bundestag elections in September 2021 will seemingly also herald a new era in #Germanfederalpolitics - in the form of an entirely novel #governmental #coalition. Image
3/6: Both, the so-called Black-Green Coalition, i.e. a joint government of the @cducsubt and @GrueneBundestag, and the so-called Traffic Light Coalition, i.e. a joint government of @diegruenen, @spdde and @fdpbt, would be a first in Berlin. Image
Read 7 tweets
Parliamo di #moneta. Prima domanda: sapete chi crea la quasi totalità del #denaro in circolazione?
In realtà la maggioranza delle persone, anche nel sondaggio offline, risponde non so. Risposte: lo #stato conia le #monete che solo solo lo 0,3% del valore totale... nel #bilancio #bancadItalia le #banconote sono solo il 8% scarso del totale #massa #monetaria #M2 in #Italia...
...and the winner are... le #banche private con circa il 91% della #moneta #M2 poiché emettono moneta scritturale digitale (a #debito) con un click
Read 13 tweets

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