Pinned Tweet
โWe endorse the idea of voluntarism, self-responsibility, family, friends, and churches to solve problems, rather than saying that some monolithic government is going to make you take care of yourself and be a better person.โ โ @RonPaul
This 'Economic D-Day' situation is just another demonstration of the Trump Admin's on-going economic retardation.
The days of the USD as the World's Reserve Currency were always numbered, but this stupid move just accelerated that process.
At the point now where I'm tuning out the minute I see anything "call of duty related". I love multi-player games, and I love arcade shooters, just not that one. One day they'll just stop making them, right? ... right??
Thought experiment:
Redistribute the entire M2 money supply to every American.
- Each adult receives roughly $85k
- Average personal debt is over $69k
- That's about $16k leftover, per adult
Sounds good, right?
- Median income is around $45k
You prob make that in 4 months..
Race hustlers love to point out "disproportionate" harm. It's a strange way of putting it. It seems to imply that the harm, at least at some level, is okay, as long as it's distributed proportionately. So to them, the cause of harm is less important than who is harmed.
I had 2 predictions this year:
1) Democrats would take the House and the Senate in the midterms.
2) Bitcoin would break below $50k.
It's now halftime, and I think my odds are actually looking pretty good on both.
Here we go again... Congress can never do simple things. For every good thing, they have to cram at least 100 bad things in too. They will focus all their messaging on the one good thing so you ignore the bad. It's happening right now with the Save Act. Get ready for the pork! ๐ท
JD Vance's recent comments condemning laissez-faire is enough for me to disregard him entirely moving forward. It's not a misunderstanding, he's explicitly against sound economics. This is not a simple policy difference. This is a foundational disagreement.
Gotta give credit to Rand Paul for being the only person really pursuing Fauci. Most politicians have already forgotten the horrors of 2020.
Trump will disappoint you, again. I support a national right-to-carry, but remember his track record. Background checks. Red flag laws. Bump stock bans. Remember when he said, "take the guns first"? This is all just a smokescreen to distract from the disaster in Iran.
AI remixes of classic songs are great, but I think the real winners here will be the ghost writers. No longer do you need some shitty rapper, or a gatekeeping producer. Write the lyrics, prompt the vibes, generate, and revise to perfection. This is the way.
California's consideration for a net worth tax on billionaires is just another example of why they are the most economically illiterate state in the country. When it all collapses, they will suffer more than most.
The US government and the Federal Reserve openly promote stealing 2% more of your purchasing power every year through inflation โ that's the explicit goal โ and then they have the nerve to call that "price stability"!
@grok how much purchasing power has the US dollar lost since the establishment of the federal reserve?
