One more reason Trump is the new Chavez. His massive printing of currency caused suffering.
Here's a plot of the money supply (M2). Look at that spike in 2020! Trump printed more new dollars in his final year than any President in any single term ever. Including Biden.
@ChrisMurphyCT Im very certain the Right is guilty of this as well. In fact, they donโt know what youโre even talking about.
You thought the Republicans secret was their nuanced critique of Milton Friedman!?
@countryrose763 Can you also see how Biden has largely halted the growth in the money supply. That's why prices are steady.
But there's no way to undo the damage Trump has done. The only strategy left for helping workers is strengthening unions. UAW negotiated a 25-30% pay raise last year.
@countryrose763 Hey, Rose. Thanks for engaging. On that chart you can see that most of the increase in M2 was in 2020. Trump and the Fed chair he appointed himself printed $4 trillion. Thatโs a 20% increase!
@adamscochran Although the point of that ruling, of course, was that SCOTUS will be the ultimate arbiter of "official acts." This set will have no qualms inventing some brain-dead reason why this, too, was an official act.
@EmuDidThat@franklinisbored Check it out, guize. It's the bold centrist standing boldly in his bold position of not taking a side in the vigorous, "Do Black Lives Matter?" debate.
@NRO@NoahCRothman The only lens Trump has for viewing any issue is โwhat does it mean for Donald Trump?โ
This is what happens to people born into generational wealth.
@IAPonomarenko This ^. Early in the war I watched Romania support Ukrainian refugees and push supplies in to Ukraine. Well done, dear friends.
๐ท๐ดโค๏ธ๐บ๐ฆ
MAGA: Iโm tired of the coastal elites running everything. Why canโt we have someone who knows what itโs like to work for a living?
Trump: Iโm a New York trust fund baby.
Vance: Iโm a San Francisco venture capitalist.
MAGA: Those are our guys!
โIโm so tired of the elites running this country. Thatโs why Iโm voting for a trust fund baby and his venture capitalist running mateโ
- MAGA in 2024