Skip to content
By using Twitter’s services you agree to our Cookies Use. We and our partners operate globally and use cookies, including for analytics, personalisation, and ads.
  • Home Home Home, current page.
  • About

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @
  • Language: English
    • Bahasa Indonesia
    • Bahasa Melayu
    • Català
    • Čeština
    • Dansk
    • Deutsch
    • English UK
    • Español
    • Filipino
    • Français
    • Hrvatski
    • Italiano
    • Magyar
    • Nederlands
    • Norsk
    • Polski
    • Português
    • Română
    • Slovenčina
    • Suomi
    • Svenska
    • Tiếng Việt
    • Türkçe
    • Ελληνικά
    • Български език
    • Русский
    • Српски
    • Українська мова
    • עִבְרִית
    • العربية
    • فارسی
    • मराठी
    • हिन्दी
    • বাংলা
    • ગુજરાતી
    • தமிழ்
    • ಕನ್ನಡ
    • ภาษาไทย
    • 한국어
    • 日本語
    • 简体中文
    • 繁體中文
  • Have an account? Log in
    Have an account?
    · Forgot password?

    New to Twitter?
    Sign up
vgr's profile
Venkatesh Rao
Venkatesh Rao
Venkatesh Rao
@vgr

Tweets

Venkatesh Rao

@vgr

Conversational account. For work follow @ribbonfarm, @breaking_smart, @artofgig. Tweets are 90% vacuous views, apathetically held. Mediocritopian. IKEA builder.

Los Angeles, CA
venkateshrao.com
Joined August 2007

Tweets

  • © 2020 Twitter
  • About
  • Help Center
  • Terms
  • Privacy policy
  • Imprint
  • Cookies
  • Ads info
Dismiss
Previous
Next

Go to a person's profile

Saved searches

  • Remove
  • In this conversation
    Verified accountProtected Tweets @
Suggested users
  • Verified accountProtected Tweets @
  • Verified accountProtected Tweets @

Promote this Tweet

Block

  • Tweet with a location

    You can add location information to your Tweets, such as your city or precise location, from the web and via third-party applications. You always have the option to delete your Tweet location history. Learn more

    Your lists

    Create a new list


    Under 100 characters, optional

    Privacy

    Copy link to Tweet

    Embed this Tweet

    Embed this Video

    Add this Tweet to your website by copying the code below. Learn more

    Add this video to your website by copying the code below. Learn more

    Hmm, there was a problem reaching the server.

    By embedding Twitter content in your website or app, you are agreeing to the Twitter Developer Agreement and Developer Policy.

    Preview

    Why you're seeing this ad

    Log in to Twitter

    · Forgot password?
    Don't have an account? Sign up »

    Sign up for Twitter

    Not on Twitter? Sign up, tune into the things you care about, and get updates as they happen.

    Sign up
    Have an account? Log in »

    Two-way (sending and receiving) short codes:

    Country Code For customers of
    United States 40404 (any)
    Canada 21212 (any)
    United Kingdom 86444 Vodafone, Orange, 3, O2
    Brazil 40404 Nextel, TIM
    Haiti 40404 Digicel, Voila
    Ireland 51210 Vodafone, O2
    India 53000 Bharti Airtel, Videocon, Reliance
    Indonesia 89887 AXIS, 3, Telkomsel, Indosat, XL Axiata
    Italy 4880804 Wind
    3424486444 Vodafone
    » See SMS short codes for other countries

    Confirmation

     

    Welcome home!

    This timeline is where you’ll spend most of your time, getting instant updates about what matters to you.

    Tweets not working for you?

    Hover over the profile pic and click the Following button to unfollow any account.

    Say a lot with a little

    When you see a Tweet you love, tap the heart — it lets the person who wrote it know you shared the love.

    Spread the word

    The fastest way to share someone else’s Tweet with your followers is with a Retweet. Tap the icon to send it instantly.

    Join the conversation

    Add your thoughts about any Tweet with a Reply. Find a topic you’re passionate about, and jump right in.

    Learn the latest

    Get instant insight into what people are talking about now.

    Get more of what you love

    Follow more accounts to get instant updates about topics you care about.

    Find what's happening

    See the latest conversations about any topic instantly.

    Never miss a Moment

    Catch up instantly on the best stories happening as they unfold.

    1. Ben Hunt‏Verified account @EpsilonTheory 22 Apr 2019
      • Report Tweet
      • Report NetzDG Violation

      Ben Hunt Retweeted Elizabeth Warren

      If you don’t see that our deflationary world is becoming an inflationary world, you’re just not paying attention.https://twitter.com/ewarren/status/1120296821300060160 …

      Ben Hunt added,

      Elizabeth WarrenVerified account @ewarren
      Student loan debt is crushing millions of families. That’s why I’m calling for something truly transformational: Universal free college and the cancellation of debt for more than 95% of Americans with student loan debt. Read all about it here: https://medium.com/@teamwarren/im-calling-for-something-truly-transformational-universal-free-public-college-and-cancellation-of-a246cd0f910f …
      18 replies 32 retweets 271 likes
    2. Venkatesh Rao‏ @vgr 22 Apr 2019
      • Report Tweet
      • Report NetzDG Violation
      Replying to @EpsilonTheory

      I don’t get how handouts to the 1% don’t fuel inflation but handouts to the bottom half do. Genuine question. Is there a structural trick used? Does QE fueling stock buybacks leading to wealth appreciation for stock owning class work differently than forgiving student debt?

      4 replies 1 retweet 29 likes
    3. Ben Hunt‏Verified account @EpsilonTheory 22 Apr 2019
      • Report Tweet
      • Report NetzDG Violation
      Replying to @vgr

      Yes, financial asset price inflation for rich and experiential non-asset price inflation for poor. The former is privileged (persistent, fungible, inheritable), while the latter is none of those things. The latter is “counted” as inflation, while the former is not.

      2 replies 14 retweets 55 likes
    4. Venkatesh Rao‏ @vgr 22 Apr 2019
      • Report Tweet
      • Report NetzDG Violation
      Replying to @EpsilonTheory

      And is one kind fundamentally more dangerous and fragilizing than the other, for Wonky Reasons?

      2 replies 0 retweets 4 likes
    5. Ben Hunt‏Verified account @EpsilonTheory 22 Apr 2019
      • Report Tweet
      • Report NetzDG Violation
      Replying to @vgr

      Correct. Financial asset inflation has no (direct) impact on wages/prices as there’s no consumption change. It’s sterilized (mostly) in market-world. Experiential non-asset inflation leads to dramatic consumption increase in real-world. See healthcare as example.

      3 replies 4 retweets 26 likes
      Venkatesh Rao‏ @vgr 22 Apr 2019
      • Report Tweet
      • Report NetzDG Violation
      Replying to @EpsilonTheory

      Hmm. I see what you mean. Even if you sell financial assets somebody else is left holding it. Forgiving debt otoh is retiring an asset on the other end, so closer to either a sudden crash or a deficit hit for the state. A step-function decrease in asset base backing the currency.

      3:33 PM - 22 Apr 2019
      • 3 Likes
      • Rahul Ramchandani Patrick Dugan
      1 reply 0 retweets 3 likes
        1. New conversation
        2. Venkatesh Rao‏ @vgr 22 Apr 2019
          • Report Tweet
          • Report NetzDG Violation
          Replying to @vgr @EpsilonTheory

          But it seems to me that there’s an externality here. Some fraction of student-debtors newly unburdened from debt might take on a higher value/risk activity. Quit a bullshit job, force automation of it, and create new wealth. Delayed freedom/innovation dividend.

          3 replies 0 retweets 7 likes
        3. Patrick Dugan‏ @duganist 22 Apr 2019
          • Report Tweet
          • Report NetzDG Violation
          Replying to @vgr @EpsilonTheory

          If they just fix the reference interest rate at -5%, students will have their loans paid off in ~30 years in 0 easy payments.

          0 replies 0 retweets 0 likes
        4. End of conversation

      Loading seems to be taking a while.

      Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.

        Promoted Tweet

        false

        • © 2020 Twitter
        • About
        • Help Center
        • Terms
        • Privacy policy
        • Imprint
        • Cookies
        • Ads info