good joke thinking i can afford that shit, it's the cheapest booze i can find in the liquor store that tastes like it was made to be the worst tasting substance in existence (that also probably is melting my liver) for me
i thought u meant coca cola at first lol (congrats regardless comrade )
i think the implication @RomCom1989@hexbear.net was going for is the only "w" the finns claim is one which has no bearing in reality (because ya know the soviets never tried nor ever wanted to annex finland
what is BDA
nitter.net | xcancel | twitter
i don't think the Trump regime is "stupid" so much as i think they have had trouble coming to a unified plan of attack. It's obvious there are very real divisions between figures like Navarro, Musk, and Bessent/Miran; and the fickle 78 year old at the center is struggling with it
So Trump comes out swinging on Obliteration Day and goes full "no compromise" Navarro, then he gets pushback from the generally anti-tariff Musk, and what emerges is a warped version of the "country buckets" Bessent/Miran targeted tariff approach (tho it bears the Navarro scars).
The political establishment is incredibly fractured, and that includes the Republican party. That's why Trump is able to get away with such big initiatives without real challenge, but it's also why his actions seem pulled into different, contradictory, directions.
best take I've seen on the tariffs, i think the insider trading is just a side job. from a follow up tweet, engels actually wrote about this in an abstract way lol https://www.marxists.org/archive/marx/works/1890/letters/90_09_21.htm#%3A%7E%3Atext=For+what+each+individual+wills%2Cthe+same+laws+of+motion
kaplya definitely used comrade/them, but yeah all the others use none/use name
Trump didn't try to do what MMTers advocate for
the tweet isnt saying that trump is doing what MMTers advocate for with his policies, just that he tried to ignore the bond market which immediately began to discipline him. thats why i linked the 2nd tweet. so the idea here is that if someone who followed MMT's principles, the bond market is what ultimately would discipline them. could you link further reading about the YCC policy? thanks
i will say something i dont think the OP is accounting for is the dollar's reserve currency status, no? i thought that was a big part of the reason the interest rate rising on treasuries while the stock market was dipping was so spooky for people
regardless, their claim towards that book is really what intrigued me and made me share it, i thought it could be very interesting read for an mmt enthusiast to read even if they ultimately disagree with the OP on twitter
interesting take about MMT. gist is that this tarrif situation shows that MMT is critically missing that the bond market will discipline you hard if you try to do what you want with no regards to it. or at least that is what this account is claiming anyways
I myself still unfortunately have not read the works of mmt theorists myself so i have no clue if one of the follow up tweets (nitter | twitter) is accurate:
It does advocate for not worrying about the disciplining power of yhe bond market, as you may be aware if you're familiar with their literature
@xiaohongshu2@hexbear.net thoughts on this? you may also be interested in this very old book that they are claiming explains the state of the US monetary system today better than MMT: A resource of war-- The credit of the government made immediately available.: History of the legal tender paper money issued during the great rebellion. Being a loan without interest and a national currency (https://annas-archive.org/md5/0fc65fd1833dc4a7d03ab10914234f9b)
has xiaohongshu ever used he/him on any of their accounts? i only ever remember comrade/them being used on the kaplya and shipwreck accounts, and quite frankly i remember them commenting on dating threads and complaining about hexbear's misogony from a POV that at the very least wasnt a cis man's.
why i'm posting this: ive seen several people call xiahongshu "he" several times over the last few days which seems like possible mass misgendering :/
in fantasy world i guess yeah, bernie was totally ratfucked despite still being devoted to isr*el and empire generally, i dont see a path to succdems ever actually gaining power in the democratic party (and i think the US falling to revolution is infinitely more likely than a 3rd party actually gaining power in the US lol)
If any leftist ever takes over the U.S. and bond markets behave like this
if a "leftist" were to somehow take over the settler state known as the US without the state just being outright destroyed (lol, lmao even), the first thing they should do is liquidate anyone involved with the Fed and stock market also
i mostly drink to cope with my dad's dementia + when im playing pathfinder2e with my friends online, im not quite in the danger zone yet me thinks