The Trump Presidency - Part 2


All the billionaires right now:
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This is why you need a revolution once in a while.
Wasnt Cook there as well? He had a prime seat at the service.
Again - how any of these fools who voted for him think that handing the reigns to big tech and people far richer than any Hollywood celeb is killing the alleged deep State or doing things like safeguarding privacy of citizens just needs to walk off a ledge. Not to mention talking about actually weaponizing the judicial and enforcement system against the common people.
 
If only Americans would also realize that this whole anti China rhetoric is a complete joke. No president makes that country more money than this one. AliExpress, Temu, TikTok etc all the merch and engagement will continue to flow. I've said it before that in a way I don't blame China at all for it. Then we haven't even gotten to the shady real estate deals, Ivanka's handbags, Trump watches etc etc... They're being smart and feeding off the Idiocracy here. At some pt though you can imagine it all backfiring - Trump s proposal to own part of TikTok for lets face it - nothing more but self professed heroics and of course - money - will step on toes eventually you would guess.
 
If only Americans would also realize that this whole anti China rhetoric is a complete joke. No president makes that country more money than this one. AliExpress, Temu, TikTok etc all the merch and engagement will continue to flow. I've said it before that in a way I don't blame China at all for it. Then we haven't even gotten to the shady real estate deals, Ivanka's handbags, Trump watches etc etc... They're being smart and feeding off the Idiocracy here. At some pt though you can imagine it all backfiring - Trump s proposal to own part of TikTok for lets face it - nothing more but self professed heroics and of course - money - will step on toes eventually you would guess.

I guess China will pay for it - into Trump's own pockets...
 
In any other circumstances, I'd pop up a bottle of champagne and grab some pop-corn while watching this schizophrenic, backward excuse of a country self-destruct under its deserved orange idiocracy in the next four years.

But the sad thing is that the rest of the world is going to massively suffer because of it.
 
The way the state can impact inflation is twofold: fiscal policy and monetary policy, with monetary policy being far more effective. The US did expansionary fiscal policy and contractionary monetary policy, working in opposite directions, fiscal policy making the inflation worse and the monetary policy bringing it under control.

Politicians do fiscal policy, monetary policy is independently ran by the central bank. Biden did not "battle down inflation", the Fed did.

You’re implying that fiscal policy can only ever influence inflation in one direction. Are you sure you’ve thought this through?
 
Literally nothing matters anymore. The public have rubber stamped all previous corruption that journalists failed to report on sufficiently and Garland “failed” to prosecute.

It’s four years of hoping that they don’t burn the world and cause lasting damage and four years of hoping that they don’t manage to figure out how to turn it into a dictatorship.

Regardless, this administration along with Musk are going to be turning the dial on zoomers. Democrats are out of touch boomers. Trump’s Republicans are going to be on propaganda overdrive to be the meme friendly fun party and it’s going to work because they have the data to drive it and the money to pay key influencers and all the social media owners are backing them.
It's incredible. We have books, movies and documentaries about Watergate and the investigative journalism involved. But a presidential crypto pump & dump is like another Tuesday in today's America.