Top all-time · #5020
Nathan Tankus
Personal blog · nathantankus.substack.comeconomicspolitics
Nathan Tankus writes Notes on the Crises, a personal blog at nathantankus.substack.com about economics and politics. Since 2020, 16 different Hacker News readers have linked it 17 times, most often “The Federal Reserve's Coronavirus Crisis Actions, Explained”. The last post was in 2021, but the archive is still widely read.
Too few sampled comments (9) to say how often HN recommends it.?
Why HN links it
HN readers link Nathan Tankus's Substack for detailed writing on Federal Reserve operations, crisis-era central bank actions, debt and monetary policy, and critiques of financial instruments like CLOs and CDOs.
Summarised by Claude from a sample of 9 HN comments that link here. Each comment is marked recommending, critical or neutral (citing without judging); how this works.
The Pandemic-Induced Depression from a Monetary Political Economy perspective.
Most-linked posts?
- The Federal Reserve's Coronavirus Crisis Actions, Explained3 people · 3 mentions · first linked 2020-03-25
- I Am Leaving Substack2 people · 2 mentions · first linked 2021-04-07
- /2 people · 2 mentions · first linked 2020-07-16
What Hacker News says?
A carefully curated list of salient examples that conservatives pretend are systemic? Forgive me if my interest in arguing with someone who quotes "CRT in schools" (with a salient example) and an intentionally (?) crude understanding of what "defund the police" means on the website that courted far right populists[1] is rather insubstantial. I think we're just too far apart to reconcile anything. A YouTube personali…
Comment linking /p/i-am-leaving-substack
on “Google to pause Gemini image generation of people after issues”Submitted I Am Leaving Substack as a story · 25 points
HN discussionnot the OP, but I find BIG by Matt Stoller and Notes on the Crises by Nathan Tankus a nice break from the mainstream press. Insightful, well considered and non-dramatized writing on important subjects: https://nathantankus.substack.com/ https://mattstoller.substack.com/
Comment linking /
on “Ask HN: Is it just me? why is “news” so addictive?”Submitted The Way People Talk About the Federal Reserve’s “Big” Balance Sheet Is All Wrong as a story · 3 points
HN discussionMoney printer could potentially prop up the market longer if we printed money for the people most hit by the crisis. IE, the small business owners and the poor/middle-class that will and are struggling to pay bills and rent. Nathan Tankus goes over this one facet quite well [1] which is that essentially landlords are going to burn themselves down trying to extract rent from tenants that will fundamentally be unable…
Comment linking /p/suspending-evictions-is-about-saving
on “The stock market and economy have parted ways”Submitted Suspend Dividends and Buybacks During the Crisis as a story · 2 points
HN discussionI'm a bit confused reading this, the argument that the 1%+ echelon are ~= to corporations in an aggregate model, and that effectively corporations are underinvesting? Or rather that the 1% are under-consuming, and so any evaluations of net household saving/consumption are skewed because there is dramatically more saving on one side and more aggregate debt on the other. I haven't seen what recent levels of corp/house…
Comment linking /p/where-do-profits-come-from
on “Research suggests that when the rich bank, the rest borrow”Submitted The Federal Reserve's Coronavirus Crisis Actions, Explained (Part 1) as a story · 2 points
HN discussionThat article was my first introduction to Tankus's writings, and I must say that I disagree - it's not great. I found Partnoy's article quite persuasive, and Tankus's response [1] not convincing. For example, this is confused, in my opinion: > Remember that collateralized loan obligations are simpler instruments than collateralized debt obligations. There is one layer between individual loans to corporations and CLO…
Comment linking /p/is-there-really-a-looming-bank-collapse
on “A 28-year-old with no degree becomes a must read on the economy”Submitted The Federal Reserve's Coronavirus Crisis Actions, Explained as a story · 2 points
HN discussionHis piece challenging Frank Partnoy’s fear mongering comparison between CDO’s and CLO’s is great. https://nathantankus.substack.com/p/worst-case-scenario-or-i...
Comment linking /p/worst-case-scenario-or-inconsistent
on “A 28-year-old with no degree becomes a must read on the economy”Submitted Responding to the University Budget Crisis with University Currencies as a story · 1 points
HN discussionIf you want a detailed technical view of what the Fed is doing I highly recommend Nathan Tankus' blog. Though I don't think he's specifically covered Blackrock's role. https://nathantankus.substack.com/ I'd start with the series "The Federal Reserve's Coronavirus Crisis Actions, Explained" https://nathantankus.substack.com/p/the-federal-reserves-cor...
Comment linking /p/the-federal-reserves-coronavirus
on “BlackRock Is Bailing Out Its ETFs with Fed Money and Taxpayers Eating Losses”Submitted Riots, Municipalities and Monetary Policy as a story · 1 points
HN discussion> Can anyone recommend good writing on Substack to follow? https://nathantankus.substack.com/ https://oversharing.substack.com/ https://mattstoller.substack.com/ https://sirota.substack.com/ https://gwern.substack.com/
Comment linking /
on “Legal Support for Substack Writers”One way to think about it: the world you are proposing is equivalent to one where the central bank fully monetizes all government debt. That possibility is a strict subset of the space of possible monetary policies we have today. The Fed could decide to do that, but it would have significant implications. It would push down interest rates substantially, which would (according to conventional thinking) potentially tr…
Comment linking /p/banks-as-debt-monetizers-monetary
on “Yellen warns of U.S. default risk by early June, urges debt limit hike”
