Discover and read the best of Twitter Threads about #treasurybonds
Most recents (2)
In five years, #JoeBiden will likely get the #NobelPeacePrize. But not because he did anything proactively for peace.
It is because a #Multipolar World will be more peaceful than a unipolar one, and Biden has done more than anyone else (albeit unwittingly) to further that. (1/n)
It is because a #Multipolar World will be more peaceful than a unipolar one, and Biden has done more than anyone else (albeit unwittingly) to further that. (1/n)
The US-led #sanctions against #Russia in response to the #UkraineRussiaWar have forced countries around the world to abandon the US dollar as a medium of trade. This is forcing the rest of the world (non-West) together. Banning Russia from #swift was most important in this. (2/n)
From the perspective of policy tools, #fiscalpolicy should play a leading role. mp.weixin.qq.com/s/cX2bE32pSE4_…
Fiscal policy is endowed with precise orientation, temporariness and limited latency; suitable for dealing with one-time and short-term shocks of the #epidemic, according to Zhang Bin, Senior Fellow of CF40.
Issuing special #treasurybonds as soon as possible to fill the gap between government revenue and expenditure is the key guarantee to prevent the broad credit from collapsing and the secondary damage due to the gap between local government’s revenue and expenditure.
