In her latest sciolistic letter to me, @SenWarren made it clear that she knows even less about foreign exchange markets than she does about banking.
What is equally shocking, but not surprising: not a single member of the media mob has a rudimentary-enough level of financial market literacy to spot her remedial error.
To reiterate: under @POTUS, the United States delivers for America’s trusted partners.
For a fuller explanation, I recommend Senator Warren take any entry level course in international finance for her and her staff, or I can personally give her a tutorial on Foreign Exchange for Dummies. Although I am not holding my breath, I hope her next letter will demonstrate that she has learned the difference between a currency purchase and a swap or a loan.
Making these government stores 30% cheaper requires taking that money from somewhere else while expanding govt power. Taxes, lost revenue, means-testing bureaucracy, gatekeeping, etc. As Thatcher said, socialism fails because eventually you run out of other people‘s money.
The best evidence that @NYCMayor Mamdani has not held a job is the fact that he is sitting on the wrong side of the desk.
And listen to his words. On a day when we, and in particular, our leaders should be celebrating the 250 years of our nation’s history, he attacks us and what makes our country great.
Mamdani and the Democratic Socialists are grave threats to our present and our future.
What a run The King had in L.A. 👏
👑 8 seasons
👑 1 NBA championship
👑 Won his 4th Finals MVP
👑 Broke the all-time scoring record
👑 Played with his son Bronny, becoming the first father-son duo to play in the NBA together
(via @ShamsCharania)
@Scobleizer There are always momentary dips, even in a rapidly growing economy.
The productivity gains from AI and robotics are so enormous, however, that the macro trend is overwhelmingly up.
they’re not jobs if they’re not valued. they’re not valued if there aren’t customers out there willing to pay them for their great work. needing the government to “create” a job is tantamount to welfare and that level of welfare resolves these individuals to a dependency on the government and lack of economic mobility. and chains our people, collectively, to a more indentured future.
you may be well intentioned but you have, and always will, fail to see the destitute folly of government as a job creation engine.
i have tried to engage you on this topic, in good faith, with empiricism and reasoning, but you have only dodged my points and pivoted to some populist refrain about the importance of taxation and the evils of productivity-driven success.
i can only assume you’re dodging these truths because you and the rest of the politburo leadership have deemed the conversation unsafe speech and put your oligopoly at risk.
let’s leave it at that then.
perhaps if your ways get their day, we can all bask in the glories of the dark ages ahead.
FOR THE FIRST TIME IN 53 YEARS, THE KNICKS ARE NBA CHAMPIONS 🏆
New York defeats San Antonio 4-1 in the NBA Finals, capturing their third championship in franchise history!
This is the final straw.
Because of this law and the many others that preceded it, attacking both families and companies, SpaceX will now move its HQ from Hawthorne, California, to Starbase, Texas.