This is not at all what supply and demand says. You should subscribe to Economic Forces, where we discuss supply and demand all the time. Thank you for your attention to this matter!
I can’t believe I have to say this, but your radical opponent attaining power is bad, actually. It’s bad in a way that accepts the premise of his argument. Even if destruction helps you win the next election, it can be extremely costly. It is much harder to build than to destroy.
🔥🔥🔥"The GENIUS Act may look like a forward-looking regulatory framework for a new technology — and it is. But it is also a clear step toward a modern form of financial repression"🔥🔥🔥
It’s Economic Forces Day. Today, @BrianCAlbrecht points out the pitfalls of relying on accounting identities and the importance of prices. Supply and demand disciplines your thinking, no matter the topic. https://t.co/O4sJFO7e5t
Like the National Banking Acts passed during the Civil War, the "Genius Act" for stablecoins is a fiscal measure compelling a class of intermediaries to buy federal debt, disguised as a regulatory reform.
In Trump’s first term, he referred to himself as a very stable genius. In Trump’s second term, he signed a bill into law called the GENIUS Act, which provides a regulatory framework for the issuance of stablecoins.