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Jim Obey
jimob1.bsky.social
did:plc:r6ge4yb4o76w5sl7f63mlrbx
Fiscal rules are either a) so obvious as not to require a rule or b) political choices which can never be universal (hence they come around like London buses).
The current ones signal to markets that, if push comes to shove, the poor/economy will be sacrificed to protect gilts - cross of gold.
2025-03-29T12:08:51.905Z