Especially these days, where every grocery store is doing greedflation and every layoff is a holocaust.

It is if your an ineffective manager trying to justify their salary in a time of economic crisis.

Once they learn all the money goes toward corporate tax cuts?

Go ahead and sell, the only thing this hurts is the dollar as the reserve currency. Like social security we can run on its downfall.

Because investors expect it, whether it generates profit or not. I guess we will see how it changes workflows, or whether people continue to do things like they always have.

Wages are still lower on median.

Education is great if you’re paid for it. We also aren’t any more productive, we have like half the investment per worked than the US.

We also destroy the poor here via the housing crisis.

Stocks can be replaced by other stocks and eroded by taxes and regulation, new gold can be mined as new reserves are found and technology develops, but what can create new Bitcoin except one specific asic?

As far as why people would want a currency like Bitcoin with a fixed supply, Project 2025 which Trump is clearly following, talks about mandating the Fed to grow the money supply at a fixed 3% a year; which is a Milton Friedman conservative idea.

This supposedly stops the wild speculation into assets like housing and the cantillon effect, which then requires large bailouts, which causes moral hazard. As it also hurts the poor and the young, who are gatekept when trying to actually utilize the housing for procreation instead of capital preservation, causing fertility rates to fall as price to incomes continue to rise.

Solana and the other shitcoins should probably not be part of this though. That’s where it is clearly a gift to his donors, who made his Trump grift coin.

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Its counter cyclical like gold is. In a market crash where aggregate demand drops and interest rates fall it can be used as collateral to fund bailouts as it rises in value. At least I assume that’s why central banks historically buy gold for undergoing Keynesian economics.

Bitcoin actually goes up far more than gold during QE as well in its short history, and the supply will soon rise dramatically slower than gold, as each 4 years the new supply halves.

Were they successful at all?

I’d be curious, I don’t see how you can stop them remotely, is there some means they are able to be effective?

Elon Musk will be regarded with the likes of Leonardo da Vinci and Louis Pasteur in the history books.

But I want mine to have a goatee, why doesn’t apple give iPhone a goatee?

If he puts tariffs in then it means less USD available globally, which will increase the value of the dollar to offset the cost imposed by the tariffs, would it not?

He then uses the funds to cut corporate taxes, which will decrease goods prices lowering the CPI basket.

That is bad, though his response doesn’t even make sense to me given the context.

Musk, in subsequent posts, said he does not believe hatred of White people extends “to all Jewish communities.” But he said the Anti-Defamation League “unjustly attacks the majority of the West, despite the majority of the West supporting the Jewish people and Israel. This is because they cannot, by their own tenets, criticize the minority groups who are their primary threat.”

I guess the anti-defamation league stands against people who don’t want to immigrate certain minority groups, and he’s pointing out that they generally tend to dislike Jewish people?

I just don’t see where he pulled the ADL from, unless something happened the day of the tweet?

I hope they don’t have access to a cloud computing provider somewhere, otherwise this is going to be a tough thing to enforce without a great firewall larger than China has.

It will be hilarious to see them attempt it though.

If this temporary rise in egg prices is the leverage Canada has on the US then Canada is in a bad spot.

https://static.project2025.org/2025_MandateForLeadership_FULL.pdf

This document outlines many of Trumps talking points and actions, enough so that I believe it is Trumps plan, and I don’t think these tariff are going away.

When you’ve built up over 100% of government federal/provincial debt on the back of unfettered access to the US market you’re entirely at their whims, and as 80% of exports go to the US Canada is about to get a massive hike in inflation as its FX falls off a cliff, causing a shock to one of the largest housing bubbles on the planet, causing the money supply to contract, which will cause stagflation.

Which is when the US will politely ask for Canada to become part of the US, when we are in a deep depression as we scramble to perform austerity as people are losing their jobs. Considering this happens next week it could be insane to watch, and I am unlucky enough to have a front row seat.

Got an example?

https://en.m.wikipedia.org/wiki/Elon_Musk_salute_controversy

Elon Musk responded to criticism of his alleged salute on January 21 on his X account, including calling all news outlets criticizing him biased. He wrote that “The legacy media is pure propaganda”, that “they need better dirty tricks”, and that “the ‘everyone is Hitler’ attack is sooo tired”

It makes sense in the eyes of Milton Friedman and Austrian economist, who believe that it raises the price of goods. Taxing the rich is usually taxing corporations, since the rich aren’t exactly liquidating their holdings every year.

Well that’s silly, America is still running emergency Covid level deficits. Powell himself said its not sustainable.