Oh no, who will destabilize other country?

It was the government doing window guidance that caused their mess, how do you blame the people who made successful companies that gave Japan its first world living standard?

Its monetary policy that has done it. The lost decade and all that, caused by the central banks via loose monetary policy.

Had they let prices correct normally it may have been fixed, instead zombie corporations subsist on the back of the government.

Got an example?

https://en.m.wikipedia.org/wiki/Elon_Musk_salute_controversy

Elon Musk responded to criticism of his alleged salute on January 21 on his X account, including calling all news outlets criticizing him biased. He wrote that “The legacy media is pure propaganda”, that “they need better dirty tricks”, and that “the ‘everyone is Hitler’ attack is sooo tired”

It makes sense in the eyes of Milton Friedman and Austrian economist, who believe that it raises the price of goods. Taxing the rich is usually taxing corporations, since the rich aren’t exactly liquidating their holdings every year.

Well that’s silly, America is still running emergency Covid level deficits. Powell himself said its not sustainable.

They don’t support the most useful programs for the poor like universal healthcare, I know that much. I remember when Joe Biden was building entire wings onto for-profit hospitals during Covid as he said he was against universal healthcare.

What economic theory do you tend to gravitate towards that says the US should be running outlandish deficits every year, and that it benefits the citizens?

I’d be curious to read more into it.

Conservatives generally believe in monetarism or Austrian economics, you’re not exactly unveiling a secret conspiracy, they believe tax cuts help the poor and lower the cost of goods. This is what people voted for.

You really can’t find anything in the current DOGE documents outlining waste, something that should be going to actually help the poor instead? I think my point stands that we need to simplify the spending if we want to avoid conservative governance, we all know its not being run efficiently and is rife with corruption.

Same with misinformation. Where anything they disagree with, in good faith or not, is misinformation.

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Our system survives by creating economic slaves.  For instance the mortgage acts as a gatekeeper in the fiat system, by locking up an inelastic good in a form that can only be unlocked by completing the payment obligations.  Housing rises in price to max out the metaphorical bucket of whatever interest rates allow for debt accumulation, and property ownership is controlled by one’s ability to secure debt. This ensures that the financial system has a steady stream of obligations that help sustain the flow of currency, which helps drive aggregate demand.

The goal is to create a 2% inflation, as calculated by an index that excludes housing appreciation and investments, you require ever growing money supply.  Money supply is grown via debt accumulation, this then funnels down into foods and services, excluding substitutions and hedonic adjustments, deriving a 2% inflation to a dynamic basket of goods. Housing works well for this because housing is finite and demand in inelastic; prices can rise faster than fundamentals, and it is therefore a liquidity sponge.

We need a liquidity sponge because for every person who saves money someone else must have a corresponding debt. Since the gold standard ended debt now has to grow, to create the new money supply to pay past debts.  The money you spend at the grocery store is somebody else’s debt, its somebody’s mortgage or bank loan, that you acquired by working a job to produce something that the newly issued currency desired.

If the next guy doesn’t take out debt, say because prices are falling, then the entire scheme unwinds, and we get a crisis. That money owed has already been spent several times, until it ends up in an equity, unmortgaged home, or bond, and outside of what the CPI uses to hold back money supply growth. If debt isnt taken out then rates will keep falling until someone is encouraged to borrow, in which case debt is securitized into a new supply of money, which creates the windfall that can be spent on consumer goods to derive a 2% inflation.

If debt does keep accumulating you can extract the cantillon effect, as long as the next guy in line takes out debt past debts are inflated away and your past debt is paid off.  As people realize this phenomenon they are then willing to sign up for ever larger debts, and you get a bubble in asset prices, because we treat promises of future money the same as present money. So in my opinion its the monetary system that is the main cause of the growing wealth inequality, and the farther we get from the gold standard the worse it will get.

Don’t feed the birds is a thing because it encourages population growth and leads to further suffering down the line. Is this a consideration?

There does seem to be a lot of wasteful spending, do you not agree?

I’d far prefer a minimum income or something along those lines. Or just fund electricity production instead if you’re worried about people not working.

This is where it appears like the progressives don’t actually help the average person, and you get someone like Trump elected.

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Kind of makes it seem like Russia and the US are working together to advance colonialization.

I’ve heard someone speculate he will remove tariffs if other country buy 100 year US bonds. This seems kind of plausible.

60/40 seems to have the lowest drawdown historically, which is 60% stocks. Of course I’d avoid large cap growth at the moment, as we look like 2001. XMC.TO may be wiser to avoid overvalued blue chip like Nvidia.