#macro econ

[er-cryptid]

Patreon

[abed-with-a-knife]

you have two tabs open

one is ao3

one is google docs

it’s 2am and you have school in the morning.

[psychopomparia]

Forgot to mention I had a dream about Dr. Ratio last night that was on brand of him.

I dreamt he locked himself from being free for me unless I solved 10 statistics problems correctly. (Context: I took business statistics last semester and did okay).

He kept telling me to “use my brain”, “surely, you have the capabilities to solve these problems on your own,” and “ten points, try again. Drill the concepts into your head. Think.”

Then I woke up.

[pathologising]

I start school soon ^_^

[endofradio]

I think there is something deeply wrong with me because for senior year this upcoming school year I’ve decided to take AP gov and AP macroeconomics 😭😭😭 I wouldn’t have done something like that if gov and economics weren’t required classes.

[lurkiestvoid]

Absolutely all of this, but also because white-collar crime THRIVES specifically BECAUSE it is virtually impossible for regular folks to wade through the jargon and fine print and hypertechnical bullshit to actually see what is happening. Jon Stewart did a fantastic episode on this.

While I know the stock market is Not The Economy, it IS where the majority of economic activity is measured and analyzed, and it was originally supposed to be democratic and accessible. The problem is it's been manipulated all to fuck for decades and it's getting worse.

Supply and demand economics are literally broken. Fundamentally, from top to bottom, it's become a Madoffian clusterfuck. "Shares" as we know them do not exist, and have not existed since the market was digitized; virtually all shares of ANY company are held in a trust under one specific company called Cede & Co. Everything else being traded is virtual IOUs -- and brokers and market makers are not technically required to actually "deliver" any bought shares to any investor accounts. Sure, there are "laws" "preventing" this phenomenon known as Failure-to-Delivers, and "naked shorting" (selling assets you don't technically own/haven't borrowed yet) is in the same way "technically" illegal, except the fines are a pittance compared to the profits, and brokers and market makers have become experts at juggling the books to maintain appearances or creating new and shady ways to "cover" positions instead of closing them out.

For example, let's say you're selling your car. You copy the title 100 times, and sell that car over and over again, but the car is still sitting in your driveway. When you run out of titles to sell, you "borrow" those same titles from previous customers to sell to new customers, with the promise of returning the title later. After a while you get lazy and start selling shares you haven't even borrowed or bought yet. Years later, you've made millions of dollars off of one car, and the authorities frown a little bit and fine you $1000 with a strongly-worded suggestion not to do it again, but they won't be checking back until next decade. You continue selling the car in your driveway. No one who purchased a title from you ever notices the car never arrived, their broker simply insists their account has been credited for the car so it surely has been delivered, and everyone goes on about their lives.

Or, another scenario: you are a "market maker" for car titles. Your job is to ensure "a buyer for every sell/a seller for every buy" to "keep the economy moving", or essentially, to prevent or delay any gaps in sell-side or demand-side economics. You see a guy selling a shit ton of car titles and decide it might negatively affect other car sellers and/or their investors, so what do you do? You purchase and feed those trades into your algorithm, where it sends all the buys and sells to something literally called the "dark pools" where trades are hidden from the lit market so they don't affect the price until you want them to, and let the computer work its magic. The algorithm fires off hundreds of exchanges in seconds, laddering the price up or down as you choose by fractions of a penny every nanosecond. When you have the price where you want it, you dump the last few trades back out onto the lit market where they DO affect the price in the direction you choose, and you can profit from both the dark pool microtrading AND the resulting movement in lit market price.

And this has been happening for years. Back in I think the 80s-ish, there were some very promising mRNA companies examining the same technologies leading to current modern breakthroughs in things like fighting cancer, but Wall Street didn't understand them and thought they had no value, so they used these kinds of tactics to artificially and financially strangle them to death and profit off their corpses.

Like, remember the bullshit in 2008? A couple years ago they reversed the only resulting criminal charges. The same people are still doing the exact same shit except harder and more, full throttle, because there are zero consequences for any of it and only infinite profits to be gained. "Line go up!!!!!" for years and years, because they don't have to worry about paying for the fallout when the infrastructure inevitably crumbles from under them again. They have given themselves the ability to influence market price on a whim, for the benefit of themselves or others, stripping the market of any real, organic supply and demand activity or 'inconveniences.'

The stock market has become a casino for billionaires and megacorporations, and is allowed to do so because we don't understand enough to be angry about it in ways that matter.

we have to democratise the fucking economy and I mean it. conservatives have controlled it for far too long because they’ve managed to trick us into putting economics into the “too hard” basket. your average person thinks economics is more boring and more complicated than it actually is, because that’s how the conservatives like it

even most news channels refuse to explain economics in plain English, and that is a political decision. the refusal to explain it to the masses is how we end up with people agreeing that franking credits are good and tax is bad… with absolute no understanding of what tax can lead to or what franking credits are

democratise the economy. demand to have it explained in plain English. and if they won’t? call them out on their bullshit. because someone who truly knows what they’re talking about and is passionate about it will be able to find a way to make it make sense for the average person

[starwovenkiss]

(minor smut / suggestive content)

Frat boys, Soap and Gaz, who take an interest in the pretty TA for their econ 101 class.

The one that shows up with sweaters and jeans and glasses while marking through their tests with red pens and frustrated sighs.

Showing up to you after one class one day with mischevious grins in their matching fraternity t-shirts.

“Bonnie, y’gotta convince the professor to bump me up to an A,” Johnny pauses at this. “Or at least a C.”

You roll your eyes. “Johnny, you spelled your own name wrong on your last test.” He at least has the decency to look ashamed at this.

“What Soap is tryna say,” Kyle cuts in, smooth as ever. He really shouldn’t be here, making A's on every exam this semester, except that he’s been caught cheating and has been placed on academic probation. “is that we really think we could benefit from some tutoring. We do so much better with 1-on-1 attention.”

Both he and Johnny tilt their faces into something pouting and begging, and you want to laugh. Throw the scantrons you're grading at their muscled chests and storm out of here for wasting your time.

“Yeah, 1-on-1 would be great,” Johnny echoes, and you nearly scream.

Dealing with late nights in the library where they're more interested in getting you to go out with them then learning the diffrence between macro and microeconomics.

"So the difference between absolute advantage and -" You tense as Kyle tugs lightly on your ponytail.

"Darling, why don't you ever come to one of our parties?"

“We’re having one this Friday.” Johnny suggests, and you wonder if a part of their stupid initiation is to learn how to complete each other’s sentences like some sort of greek Tweedle-Dee and Tweedle-Dum. "It’s not really my vibe,” you say, hoping that will be enough to get back to learning what GDP stands for (and not ‘great dick’n’pussy’ like Johnny suggested.)

“Aw, that’s because you’ve never been, bonnie.” Johnny fights back, and Kyle nods eagerly. “Tau Mu is everyone’s vibe.”

And to your horror, they break out into song, singing about the fraternity’s history and legacy. Your eye twitches, and you grip onto your pencil tighter to keep from sticking it in their throats.

”How about this,” you say loudly enough to cut over their caterwauling, and they smile. “if you both get an A on this next test, I will go to your party.”

They both have cheshire grins.

“Deal.” Kyle winks.

Them coming up to you on Thursday looking proud as ever when they have Canvas pulled up on their phones to show off their matching 100s.

“You guys must have cheated,” you say, dumbfounded.

“We would never.” Kyle proclaims, affronted and mocking. “’Sides, even if we did, you have no way to prove it.”

“This whole conversation incriminates you.” you say.

“Incriminates? We’re not under trial here.” Kyle laughs.

"No cheating.” Johnny promises. “It must’ve been thanks to your impressive tutelage.”

“Johnny, spell tutelage.” You deadpan.

There’s a pause. “… That doesn’t matter. We’ll see you tomorrow.” He smiles brightly.

“Make sure to wear red.” Kyle adds on before they both walk out of the classroom.

You showing up to their party, looking like you don’t want to be there and definitely not in red, only to find out it’s a stoplight party, and red screams that you’re taken.

Both of them in their element, shirtless and streaked in red black light paint, as they jump around and body surf in neon sunglasses before seeing you disappointed.

“Bonnie, why aren’t you wearing red?” Johnny asks.

"Johnny, I’m not seeing anyone.”

“So, what do you call all of those late nights in the library?” Kyle asks, putting an arm around you as he leads you to get jungle juice.

“Tutoring. To help get both your GPAs above a 2.5,” You reply.

“Sounds like foreplay to me.” Johnny smiles down at you while wrapping an arm around your waist, and suddenly you feel flustered by the two attractive men who seem enamored with you.

You pick up a solo cup as a distraction and notice that it has “You’re Hell” written on it. “Who wrote this? There’s a typo.”

They both groan, “We were trying to be clever.” Johnny replies.

“You need to relax, darling. Can’t be good for you to be so uptight all the time.” Kyle responds moving to rub your shoulders.

“Yeah, Gaz.” Johnny smiles at him, and suddenly you feel like you’ve walked into some trap. “Relaxing would be good for the lass.”

Finding yourself upstairs in a private bedroom, naked, sprawled out in Kyle’s lap as he holds your legs open for Johnny to examine you.

“Think it’s time we teach her a thing or two, right, Soap?” Kyle whispers, voice low like honey in your ear and you shiver.

“See how well we can make the teacher’s pet behave.” Johnny responds as he grins like the devil, breath tickling your fluttering cunt.

“Bet she’s never had this pretty pussy licked before.” Kyle snickers, and you finally feel the need to speak up.

“Yes, I have. I’m not a prude.” You whine, and you feel like the pastel pink underwear with a tiny bow that Johnny has stuffed in his pocket isn’t doing you any favors.

“Aye, well. Not like this.” Johnny replies before licking into you like a man starved.

[capedcaretaker]

sneeze spelling is an art form and stuffy sick voice spelling is its counterpart. Both feel like a person's fingerprint when they apply it to their fics/art. It's like macro and micro econ.

[tiramisuucakeee]

HOTLINE BLING ★

( reader x yang jungwon )

IN WHICH: on a boring day, jungwon decides to call an unknown number, wanting to prank them. but it backfires.

read more !

‘ hello? ’

‘ hi, is this the young maternity center? ’

‘ no it’s me. keeho stop fucking bothering me ’

‘ who’s keeho? ’

‘ oh ’

‘ hello?! amir, i need you to deliver food immediately, i’m in the ice age. if you get here in under ten minutes, i will give you two dollars tip ’

‘ okay, whoever you are, stop this prank calling, i’m literally not in the mood for this ’

‘ do you not want your tip? ’

‘ goodbye ’

‘ hello bro, i’m travis scott-y, i need 200 dollars to get back to america ’

‘ oh really? how do i know you’re travis scott? ’

‘ fein fein fein fein fein ’

‘ shut up, stop calling me already, oh my god ’

‘ but you literally asked me to — ’

‘ hold on, listen! please don’t hang up on me! ’

‘ what do you want? ’

‘ to say hi, i’m jungwon, what’s your name? ’

‘ nunya ’

‘ nunya…? ’

‘ none of your business ’

‘ it’s four in the morning, what could you possibly want jungwon? ’

‘ …. ’

‘ hello? ’

‘ you remembered my name! — ’

‘ hey, i’m on my way to the east building on campus, giselle, are you sure macro is on class 2-B? ’

‘ now look who’s the one calling me ’

‘ oh, sorry, i got you mixed up with a friend from uni, didn’t realize ’

’ it’s okay, it happens… so, you’re an econ student? ’

‘ yeah, first year ’

‘ cool, cool. me too. well, not econ. i’m in art school. you know, i never got your name… ’

‘ yeah, because you don’t know who i am ’

‘ well, what’s your name? ’

‘ y/n ’

‘ now i know who you are ’

‘ takes more than that ’

‘ so. y/nnie, first year econ student, i have a preposition for you, one that you can’t deny ’

‘ don’t call me that… ’

‘ let me tell you something first ’

‘ what’s that? ’

‘ want to go out for coffee? ’

‘ …. ’

‘ hellooo ’

‘ are you dumb? you’re literally asking a stranger to meet you, what if i’m a criminal or something? you have absolutely no survival instincts ’

‘ so… do you wanna go? ’

‘ you’re paying? ’

‘ of course, i’ll make up for all the prank calls ’

‘ i don’t think anything will make up for that, but okay, maybe just a small part of it ’

‘ great. meet me at your uni’s entrance at 6 ’

‘ how would you know what uni i go to — ’

‘ i have my ways. maybe just a feeling ’

‘ you’re genuinely weird ’

‘ see you later y/nnie ’

‘ you’re impossible ’

‘ did you get back to your dorm safely? ’

‘ yeah, thanks for driving me back to the complex ’

‘ it’s nothing. thank you for accepting to meet up, i didn’t think you’d show up '

‘ why? ’

‘ survival instincts? ’

‘ right, well my survival instincts want me to go to sleep since i have classes all day tomorrow ’

‘ oh yeah, yeah, don’t let me keep you here ’

‘ wasn’t planning on it ’

‘ goodnight y/nnie ’

‘ goodnight… won ’

‘ hey, want to go out today? it’s been years ’

‘ you saw me last week, and we call every day ’

‘ so? ’

‘ alright, you’re coming shopping with me, i need some things for a project. all your calling made me start on it later than the rest, this is your fault ’

‘ eughh, i don’t wanna go do that ’

‘ fine, we can do whatever you want after ’

‘ that’s more like it, i’ll go ’

‘ okay ’

‘ so it’s a date? ’

‘ what? ’

‘ nothing — ’

‘no, i heard you. are you serious? ’

‘ uhhhhhhh, yes? maybe? i don’t know? ’

‘ good, so it’s a date ’

‘ wait, really?! ’

‘ unless you don’t want it to be ’

‘ no! i mean — yes! yes yes yes, okay, i’ll pick you up from your dorm, text me when you’re almost ready, i’m going to go get you flowers ’

‘ okay… see you, won — jungwon ’

‘ don’t act like that now, i can hear you smiling and grinning like crazy and kicking your feet ’

‘ no. you cannot ’

‘ uhuh, see ya ’

EXTRA:

masterlist.

[moonlight-n-moondust]

day 20/30

Zey4640's study time 🧡: 11 hours 32 min 👑

Pxasee's study time 💙: 3 hours 23 min

Rosesrded's study time ❤️: 48 min

Seraphine's study time 🤍: 46 min

Wilpa's study time 💚: 5 min

What I finished tdy:

gp essay hw on politics

econs macro csq

econs micro csq

gods im so fucked for econs i need to revise again

math correlation and regression tutorial

~💜5 hours 1 min on ypt💜~

producitvity stars: 3.5/5 💫

[ultraexclusivetrash]

Again, macro Econ is bearing the brunt of my TGCF and MDZS brainrot. Have a doodle of the illustrious scrap collector god 🤗

[lotus-pear]

ooo good luck on those aps!!! i heard apes and stats arent that bad (apes was lightwork lowkey but that's kinda because our school makes it harder than it actually is) but hoping that you get easy questions and frqs

im not taking that many aps but i have bio and micro on the same day so TT not fun <//3 micro has been at my ass for so long

bio and micro on the same day is DEVIOUS especially considering macro is????? that friday???? like why wouldn’t you have both the econ exams tgth wtf 💀💀 anyway best of luck to you i’m taking de micro so not ap weighted but still a college course and ITS TOUGH…..we’re on oligopolies rn

best of luck on ur exams ur gonna slay 💯💯

[purple-egg-yolk]

I have to actually do homework today so imma work on that before my next class. Gonna reblog this every time I get something done

1. Prepare for a reading discussion assignment tomorrow

2. Literature search for surveys class

3. Macro Econ quiz #4

4. English textbook readings +novel readings

5. Study for surveys quiz

[centrally-unplanned]

Matt Darling showcasing some blast-from-the-past "what is wrong with economics" takes that are apparently preserved in amber from 2008 being retold in 2024:

"Don't economists know that scalar models aren't everything" wow. amazing.

"hAvE yOu tRiEd SyStEm DyNaMiCs" fucking lmao

Anyway our boy Michael Saylor continues by asking "hasn't anyone tried tracking price changes for specific goods?" - inquiring minds at the BLS want to hear more. Will you be shocked to learn this guy is an ex-tech CEO who is now really into Bitcoin??

Back in 2008, the financial crisis hit the world, and while the idea that it was "economist's fault" like they were running things somehow was very silly, its fair to say it was a black mark on a lot of mainstream macro people - it did cause some solid revisions & debates. And in the dissident econ era of that time, it became a "thing" to talk about economics as this sort of backward institution, obsessed with models disconnected from reality and privileging math over data, since if macro was vulnerable the whole field was.

This critique was fully outdated at the time, but I will least credit that it takes time for people to catch up to the frontier, and the critiques were like a bit valid about say 1980's economics - with the extremely obvious caveat that they lacked affordable computers then and so couldn't do shit like system dynamics, but w/e. Still, if it was outdated in 2008, its laughably off the mark in 2024, discussing an econ field flush with econometrics, measurement & big data, and diverse mathematical and computational methods. But since the ideas of 2008 were foundational to so many dissident movements - like crypto for example - they continue to march on, divorced from their place and time.

Fun to see an old friend I guess; how ya been since Occupy Wall St eh?

[abivolati]

an overcaffeinated teenage girl shares her thoughts on trump's economic policies

i’m no economist, but really???

It’s no surprise that Trump won because he capitalized on the fact that egg prices are up a bajillion percent. I’ve heard my mom complain about it long enough that I don’t have to verify.

With his concepts of a plan plans to ease my parent’s hearts in paying for “those unspeakable milk prices”, or the next bag of groceries, I have a few opinions.

TARRIFS!

This guy runs with the idea that protectionism will boost domestic activities, spike American production, reduce reliance on other nations, and bring much-needed revenue to calm our raging deficit.

So me and my AP macro teacher can tell you one of the first concepts you learn in econ 101 is tariffs pass the cost onto the consumer. AKA, you and me. Naturally, this is the whole point! Boosting domestic activities by making foreign goods look less desirable. But wait.

Again, econ 101 — higher prices cause demand to fall and instead redirect to lower-priced items. The substitutes for the foreign washing machines were American-made ones. And — econ 101 coming back — if a product faces higher demand, the price (FOR DOMESTING WASHING MACHINES!!!), rises. So we got a situation where the cost rose for everything.

Politicians love to harp about keeping government out of the economy, but when it comes to international trade...

That of course, doesn’t apply.

So now, when you see proposals to hike tariffs on our largest trade partners — namely, China, Mexico, and Canada, who “account for over 40% of the total value of all goods the U.S. imported,” it becomes awfully clear who’s gonna pay the price.

INTEREST RATES!

Along with the heaps of economic indicators the president said he’ll lower, interest rates are one of them. Making housing more affordable, and promoting homeownership… sounds good, right?

Uh. Wait. One problem: he can’t control the interest rate!!! That’s up to our friend Jerome Powell, the head of the Federal Reserve, who has repeatedly stated he won’t let Trump’s influence hinder the duties of the Fed (which is politically independent). Managing the economy is hard enough, and if you mix politics in it, what kind of messed-up stew would you get?

DEPORTATIONS!

Trump called out and outlined a mass deportation plan of undocumented migrants. We’ve heard it again and again and again. But what we don’t hear is that we’ll be deporting our, as defined by the U.S. Census Bureau, “construction laborers, maids and housekeepers, cooks, home health aides, and janitors and building cleaners.”

Yeah, sure, say “They’re stealing the jobs!” But just to clarify — they’re “stealing” the jobs that Americans don’t want.

And addressing whether deportations would be feasible or not, let’s not forget that moving millions would cost billions. $315 billion, in fact, for a conservative estimate. From arrests to detention camps to relocation, it would be one of the most costly endeavors of the Trump administration.

So maybe we don’t want to put huge tariffs on our biggest trade partners, attempt to control a part of the economy that isn’t controllable, or deport 11.7 million people. But hey, at least gas prices will be lowered (which by the way, is not likely to happen)!