If true, considering what happened with the jobs report getting someone fired, I wonder how much we can expect to hear about this reliably from the feds?
>U.S. president Donald Trump said he will nominate his economic adviser Stephen Miran as a temporary Federal Reserve governor.
"he has espoused the use of tariffs as a tool to reduce trade deficits and induce currency revaluations against the dollar" according to the Wikipedia page about him.[1]
A long term, deliberate, paced tariff strategy could have unwound the offshoring, but having TACO Trump do this is only going to end the dollar as a reserve currency, whilst simultaneously kicking off World Depression II.
> only going to end the dollar as a reserve currency
Probably not, at least not as a medium of exchange and thus unit of account.
It is likely to deindustrialise America, given tariffs make material inputs more expensive. But Wall Street doesn’t use material inputs; it gains, and with it, so do America’s capital markets. With them, the dollar. (In use. Its value will likely become more volatile. I also expect Treasuries to become less attractive as a long-term store of value.)
And if it did, wouldn't any record of it have been completely compromised by now?
How would people find out about something like that anyway? It sounds so made up that's the kind of books that would be banned first if they even existed. That kind of reading could be more shocking than anything!
What do these guys know about the financial world to begin with?
Is stagflation even still a word?
belter · 6h ago
If ever there were economic agents more deserving of stagflation...
Disturbing that anyone would knowingly vote into power an individual who abused children.
lotsofpulp · 4h ago
Makes me reticent to leave my children with other adults, considering there is a very high chance they could be one who voted for said individual.
tharne · 3h ago
> "47% of Republicans would still vote for Trump even if implicated in Epstein's crimes"
Two things here.
One, I bet it's WAY higher than 47% who would vote for Trump again; it's 47% of Republicans admitting in a survey that they would vote for him again, the rest probably just don't want to admit it out loud.
Two, would you expect something different from Democrats? I wouldn't. I would bet anyone running against Donald Trump would start off with roughly 45% of the vote no matter who they were or what they did. That's just where we're at as a country culturally and politically at the moment.
nullc · 4h ago
Most of those persons probably understood "officially implicated" as "subject to yet another spurious allegation".
While the outrage is maximized by reading it as "Would you vote for trump if he confessed to molesting children?" -- I'm confident that question would have gotten a different result.
bithive123 · 3h ago
Or they would say what they've always said when Trump openly does something hideous. "That girl was no angel." "She was asking for it." "Biden and Obama did the same thing but worse." "The facts are a liberal hoax." Which sort of reaction do we have more examples of?
belter · 3h ago
Unfortunately you are wrong, as every single true fact on this site demonstrates:
"he has espoused the use of tariffs as a tool to reduce trade deficits and induce currency revaluations against the dollar" according to the Wikipedia page about him.[1]
A long term, deliberate, paced tariff strategy could have unwound the offshoring, but having TACO Trump do this is only going to end the dollar as a reserve currency, whilst simultaneously kicking off World Depression II.
[1] https://en.wikipedia.org/wiki/Stephen_Miran
Probably not, at least not as a medium of exchange and thus unit of account.
It is likely to deindustrialise America, given tariffs make material inputs more expensive. But Wall Street doesn’t use material inputs; it gains, and with it, so do America’s capital markets. With them, the dollar. (In use. Its value will likely become more volatile. I also expect Treasuries to become less attractive as a long-term store of value.)
It's Beginning to Smell a Lot Like Stagflation
https://news.ycombinator.com/item?id=44835775
How could that happen?
When has that ever happened before?
And if it did, wouldn't any record of it have been completely compromised by now?
How would people find out about something like that anyway? It sounds so made up that's the kind of books that would be banned first if they even existed. That kind of reading could be more shocking than anything!
What do these guys know about the financial world to begin with?
Is stagflation even still a word?
"47% of Republicans would still vote for Trump even if implicated in Epstein's crimes" - https://www.snopes.com/fact-check/trump-epstein-republican-v...
Two things here.
One, I bet it's WAY higher than 47% who would vote for Trump again; it's 47% of Republicans admitting in a survey that they would vote for him again, the rest probably just don't want to admit it out loud.
Two, would you expect something different from Democrats? I wouldn't. I would bet anyone running against Donald Trump would start off with roughly 45% of the vote no matter who they were or what they did. That's just where we're at as a country culturally and politically at the moment.
While the outrage is maximized by reading it as "Would you vote for trump if he confessed to molesting children?" -- I'm confident that question would have gotten a different result.
https://goppredators.wordpress.com/
The peoples outrages are highly stratetic. Tan suit on democratic president, is massive breach of decorum. Grab them by the pussy is fine.