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So. We're doing 17th century economics and 1st century territorial expansion.
The global reserve currency issuer doesn't need strategic reserves. Full stop. And buying ADA, XRP and SOL is a complete misuse of taxpayer funds.
Everyone talks about these sentiment surveys as if there isn’t a third group of people that we literally call “independents” who might have the more objective view of things….
The US stock market is now 63% of global market cap, up from 60.5% at the beginning of the year. The next biggest market is...Japan at 5.6%.
I'm not a huge fan of annual forecasts, but this one is worth a listen.
Nice comments by Paul. Trump is spreading a common fallacy where people assume $ reserve status is bestowed on the USA. In reality reserve status is earned. The USA is: - the largest economy ever…
Nice comments by Paul. Trump is spreading a common fallacy where people assume $ reserve status is bestowed on the USA. In reality reserve status is earned. The USA is: - the largest economy ever - wealthiest econ ever - Most innovative econ ever As a result, there’s voracious demand for $.
Happy Thanksgiving! Please remember to scope out the bathrooms at your in-laws house in case you need to escape for an hour to doom scroll.
Liking this platform so far. Couple features that would crush Twitter:: 1) Edit button 2) Scheduled posts 3) Improved gif selection CC: @jay.bsky.team
Remember to aim big and write down your goals for tomorrow.
Tip for the next 4 years: Believe what he DOES, not what he SAYS.
FYI: Skeet Deck is pretty slick. deck.blue
Check my math: 1) Trump does 25% tariff 2) Taco prices go up 25% 3) Taco Bell makes 25% more money 4) Taco Bell hires 25% more workers 5) Taco Bell can make 25% more tacos 6) We all get 25% more tacos
Check my math: 1) Trump does 25% tariff 2) Taco prices go up 25% 3) Taco Bell makes 25% more money 4) Taco Bell hires 25% more workers 5) Taco Bell can make 25% more tacos 6) We all get 25% more tacos
I finally finished my Thanksgiving dinner speech.
My mom’s WiFi password is 26 characters long so I’m gonna email her AOL account today and reminder her to start looking for it so she finds it by Thursday. 🤞🤞🤞
Updated starter pack to help you get started with following finance & Econ people. Limited to 150 so sorry if I missed anyone.
Can you feel it?
Richest country in human history? ✅ Govt can create money? ✅ Country is global reserve currency? ✅ Elon: “We’re bankrupt!”
I made a Starter Pack. Check it out, like and retweet this and I’ll update it so we can find people easier! Thanks.
Is this thing on?
[Meta] Rules II & III: Policy Proposals and Non-economists
Hi all, In light of an exceeding amount of rulebreaking posts, the r/economics modteam wanted to both clarify the rules and provide some clear examples of rule breaking. As part of this post, please find links to the Rule II Roundtable…
Woke up early and spent all day working on a long post and didn't realize this was the day when Twitter might actually get borked. Anyway, go check it out!
Woke up early and spent all day working on a long post and didn't realize this was the day when Twitter might actually get borked. Anyway, go check it out! https://natesilver.substack.com/p/polling-averages-shouldnt-be-political