This is one sided. It's not a question of who's going to spend the country into oblivion, because both parties have proven track records of doing just that. It's just a case of who gets it. If the federal government magically decided to end the deficit starting today, ban all subsidies, corporate handouts, & mandated inter-corporate wealth transfers, exit the business of credit guarantees, and priced interest rates positive after inflation & taxes, then every major business leader in the country holding stock options would be in Washington crying poor.
Great article, the next shoe to drop will be failed bond auctions. Kamala is going to be the final downfall if she gets in. But thats ok because Trump is a jerk so the sheep will do their thing. Sad days indeed my friend.
1.25T over 10 years- don’t be ridiculous- if you want to be taken seriously read the room- current debt accumulation is $1.1T every 10 weeks- which will be come 8 weeks and 6 weeks etc……. If this goes on and it will- there will be no dollar in 10 years.!!!!!
China Russia and India…… if they decided next week to reprice gold to say $25K per oz…… all the gold in america would flow east…… and all those worthless dollars will flood back into the US…… no more exporting debt…..
“These great thinkers developed praxeology, a deductive science of human action based on premises known with certainty to be true”
And certainly it is the hallmark of all great men that they admit they know things with certainty. The scientific method is for cowards who don’t have the balls to be certain.
This is one sided. It's not a question of who's going to spend the country into oblivion, because both parties have proven track records of doing just that. It's just a case of who gets it. If the federal government magically decided to end the deficit starting today, ban all subsidies, corporate handouts, & mandated inter-corporate wealth transfers, exit the business of credit guarantees, and priced interest rates positive after inflation & taxes, then every major business leader in the country holding stock options would be in Washington crying poor.
Great article, the next shoe to drop will be failed bond auctions. Kamala is going to be the final downfall if she gets in. But thats ok because Trump is a jerk so the sheep will do their thing. Sad days indeed my friend.
Instead of writing negative articles on Harris every day, why not try a positive article on Trump? Here's some ideas:
-As an Austrian economist, Trump's plan to end the independence of the Fed is GOOD because...
-100% tariffs on all imported goods is GOOD for the American consumer because...
-Historically, countries whose government has removed civil servants in favor of loyalists has worked WELL because...
-The deficit going up every single year in the Trump admin was anomalous and he's actually a fiscal hawk because...
Don’t worry. Austrian economics is not a serious school of thought.
1.25T over 10 years- don’t be ridiculous- if you want to be taken seriously read the room- current debt accumulation is $1.1T every 10 weeks- which will be come 8 weeks and 6 weeks etc……. If this goes on and it will- there will be no dollar in 10 years.!!!!!
China Russia and India…… if they decided next week to reprice gold to say $25K per oz…… all the gold in america would flow east…… and all those worthless dollars will flood back into the US…… no more exporting debt…..
Not a shot fired!!
Chris is this a real Substack or just a vector for economic propaganda?
The Mises institute.
Committed to furthering the ideas of
Austrian economist: Murray Rothbard
Who embraced
kkk grand wizard: David duke
and
fascist drunk: Joe McCarthy
As models for political strategy.
Financing Options for Joyful (Dear) Leader Harris:
1. Sell Alaska for $10 trillion. That’s 4-5 years of spending right there, and we have 49 other states to go.
2. Treasury acquires Google, Meta, Apple and Nvidia for a dollar each. Forward!
3. Per WH economic adviser Jared Bernstein, have the government create dollars and lend them by issuing bonds. No one gets this stuff anyway.
Same old bullshit. Democrats hit rock bottom and requisition pickaxes for the plebes
But,but, but, perAxios, “Trump plans would add $5.8 trillion to national debt”
“These great thinkers developed praxeology, a deductive science of human action based on premises known with certainty to be true”
And certainly it is the hallmark of all great men that they admit they know things with certainty. The scientific method is for cowards who don’t have the balls to be certain.