Tomas Carruthers
1.4K posts

Tomas Carruthers
@tomcarruthers









Given Warsh's M&A background, I suspect that he, like Powell, could never recognize seller-driven inflation. Also note how Warsh tried (and failed, thankfully) to combine Goldman and Citigroup during the 2008 crisis--as if we don't have enough consolidation in the banking industry. These kind of appointments feed the anti-oligarch sentiment and cement the view that the Fed is acting at the behest of Wall Street.



Interesting pencil sharpener.


Thinking of buying a million copies of Winters in the World and handing them out to friends, family, strangers like a street-corner evangelist. Yes, it’s that good. The sort of book that changes not only your thinking but the way you inhabit this world. Everyone must read it.


Fascinating how tone deaf US political elites are to European anger. Newsom among Dems who failed to beat Trump berating Euro diplomacy, Schumer rattling out domestic guff to Graham and Bessent telling Euros to stop being hysterical. Just speeds up European rejection of America




that canceled tv show you’ll never stop thinking about…









