War is inflationary. Not because it sends oil prices higher, but because governments pay for war by creating inflation. Instead of raising taxes, they run larger deficits, which central banks then monetize. War also diverts resources away from the production of consumer goods.
What a coincidence that Cuba finally decided to attack America after 70 years, right when the Trump Administration was planning their own regime change. What a strange bit of timing, oh well, let's not look into it!
https://t.co/luvT20EvcR
Reporter: “To what extent are Americans’ financial situations motivating you to make a deal? [with Iran]”
Trump: “Not even a little bit…. I don't think about Americans’ financial situation”
former senior CIA agent John Stockwell: "We pumped dozens of stories about Cuban atrocities, rapists. We ran fake photographs that made every paper in the country. It was pure raw false propaganda to create the illusion of Communists eating babies for breakfast." Sound familiar?
Trump’s meme coin peaked last year at over $45 just after it launched.
Its value has since crashed 95%, destroying billions in wealth for millions of average Americans tricked into buying the token.
My @Morning_Joe Chart.
Only one chance in this lifetime…
Like watching sunset at the beach from the most foreign seat in the cosmos, I couldn’t resist a cell phone video of Earthset. You can hear the shutter on the Nikon as @Astro_Christina is hammering away on 3-shot brackets and capturing those exceptional Earthset photos through the 400mm lens. @AstroVicGlover was in window 3 watching with @Astro_Jeremy next to him.
I could barely see the Moon through the docking hatch window but the iPhone was the perfect size to catch the view…this is uncropped, uncut with 8x zoom which is quite comparable to the view of the human eye. Enjoy.
Friendly reminder. Everything is a grift.
— March 23: $500M oil short 15 minutes before Trump delayed Iran strikes.
— April 7: $950M oil short hours before the US-Iran ceasefire.
— April 17: $760M oil short 20 minutes before Hormuz declared open.
BUSH: Our enemies are innovative and resourceful, and so are we. They never stop thinking about new ways to harm our country and our people, and neither do we.
How is a person supposed to tell if they are having a psychotic break or not these days?
Everyone else can see the big rabbit listening to Trump talk about bombing Iran, right?
I guess grok just doesn’t work? Anyway, that at least summarizes my position. The main point is just that I think you don’t fully understand how rates work. And you seem confused about Powell’s correct acknowledging of who’s actually responsible for the sustained elevated spending, and also about the Fed’s mandate (Powell wouldn’t be responsible if the housing market crashed because the Fed’s mandate isn’t about housing). I was trying to be tongue in cheek with my AI requested response, but I can’t even get it to work so nevermind.
In 2004, George W Bush bombed the Iraqi city of Fallujah with white phosphorus and depleted uranium weapons. 22 years later, Fallujah has the world's highest rate of birth defects. Higher than Hiroshima and Nagasaki after the U.S. dropped atom bombs on them.