Daniel Chrisman

free markets, free minds, free people

[Daniel Chrisman @Daniel_Chrisman]

@MichaelFKane War is applied use of force to achieve a political aim.

What is the political aim of this war other than to support Israeli hegemony in the middle east?

That political aim doesn't help Americans and in fact is actively hurting our prosperity & standards of living

[Daniel Chrisman @Daniel_Chrisman]

@Joe127615447078 @Jason @Timodc This level of housing unaffordability is far more likely to result in civil unrest

If someone wants to build dense housing on property they own you have no right to tell them they can't.

[Richard Stengel @stengel]

You know what would be amazing if Vance and his team can negotiate an agreement where Iran doesn't enrich above 3.67% (far below weapons grade); gets rid of 98% of its stockpile of enriched uranium; has weekly inspections by the IAEA; keeps the straits open without charging anyone; and commits to all of this for at least ten years. Oh, yeah, that was the Obama Iran deal.

[Daniel Chrisman @Daniel_Chrisman]

@MattLightner11 @davereaboi US and Israel pleading "but what about international law?? 🥺🥺🥺"

LOL. Lmao even.

[Daniel Chrisman @Daniel_Chrisman]

@johnkonrad Then America just fought a war that ended with Iran getting to be the clear regional hegemon. Good job? Lol

[Daniel Chrisman @Daniel_Chrisman]

@RasmusJarlov Didn't France also say today they view the Hormuz toll as unacceptable?

Like it or not, if the US can't or won't guarantee free navigation for Europe without help anymore it's much more in European interest to get on board.

Even more so if the US decides to impose a toll itself

[Daniel Chrisman @Daniel_Chrisman]

@skinthent @larroumecj I don't support that military budget, we should exit NATO and drastically cut that spending

[Daniel Chrisman @Daniel_Chrisman]

@rabois @i69yourdad @danprimack How many billions in economic damage has this war cost the US economy due to higher energy prices?

Higher energy prices = we are all now poorer, by billions collectively

[Daniel Chrisman @Daniel_Chrisman]

@adamheimlich @AtafK1 @larroumecj I'm confident in America's economic competitiveness vs. Europe considering each regions growth metrics over the past 20 years

[Daniel Chrisman @Daniel_Chrisman]

@turveyandrew1 @larroumecj I agree with that. NATO pressure and its leadership misunderstanding Russia is partly responsible for the Ukraine war and has put Europe in a bad position.

[Daniel Chrisman @Daniel_Chrisman]

@goesrandom @polidemitolog The main tweet argues that the US economy is strong because the $ is the reserve currency, when that's precisely backwards - the $ is the most significant reserve because the US economy is strong, which is due to econ fundamentals like low reg/tax, high human capital etc.

[Daniel Chrisman @Daniel_Chrisman]

@lazfanarmak @polidemitolog The same is true of 10 years ago when "dedollarization" first started gaining traction: there is still no better alternative.

[Daniel Chrisman @Daniel_Chrisman]

@lazfanarmak @polidemitolog Reserve currencies aren't decided by a council of elders sitting in a throne room

Countries hold reserve currencies based on the strength of the underlying economy.
Since the US is still the best growing large free market economy, countries will still want $ in reserve.

[Daniel Chrisman @Daniel_Chrisman]

@lazfanarmak @polidemitolog America just sent astronauts to orbit the moon

[Daniel Chrisman @Daniel_Chrisman]

@turveyandrew1 @larroumecj Looks like the EU right wing is realizing a platform of independence from America could be their path to power. Interesting to see how that develops

[Daniel Chrisman @Daniel_Chrisman]

@OrlandoTaxus @larroumecj Did you have something to say or are you just mad?

[Daniel Chrisman @Daniel_Chrisman]

@loicleclef @AtafK1 @larroumecj Fun stats, where'd you get em?

Truth is if you want the best ROI on a global investment it's probably somewhere in the American economy.

Other economies are largely stagnant (EU) or subject to capital controls/corruption/low human capital (BRICS)

[Daniel Chrisman @Daniel_Chrisman]

@rondalla54 @polidemitolog The dollar is a major reserve currency because the US is the world's most competitive free market economy.

Again - economic fundamentals are what gives the US economy its strength, and that strength is why the world wants dollars.

[Daniel Chrisman @Daniel_Chrisman]

@loicleclef @larroumecj Carriers are a legacy of a time when Americans had more patience for foreign adventurism. We can keep a few but they are mostly obsolete and should probably be retired

[Daniel Chrisman @Daniel_Chrisman]

@loicleclef @larroumecj 1. The US is still the fastest growing large free market economy without capital controls

2. No, the US is leading in several fields including AI, space infra, pharma, more

3. Legacy systems (Patriot,F35) still world class & startups (Anduril/Palantir) cornering AI capabilities