Your Tax Dollars Are Funding the DUMBEST Bailout Ever!
Some of the taxes you pay are going to bailout farmers who only need to be bailed out because of Trump’s tariff policies.
https://www.youtube.com/watch?v=qYVPQRK-gF0
Tag: economy
Trump’s Tariffs Have Already Hurt the Economy—and the Pain Is Only Beginning
“While most Americans have not yet felt the tariffs’ full effects, businesses have started to. An August survey administered by the Dallas Federal Reserve found that 60 percent and 70 percent of Texas retailers and manufacturers, respectively, said that Trump’s tariffs were negatively affecting their businesses. Earlier this month, The New York Times reported that Section 232 tariffs on imported steel and aluminum have cost John Deere “$300 million so far, with nearly another $300 million expected by the end of the year.” The company has already laid off “238 employees across factories in Illinois and Iowa.” While anecdotal, John Deere’s struggles are reflected in the 48 percent lower growth in total nonfarm employment from January 2025 to August 2025 (598,000 jobs added) compared to those months last year (1.1 million jobs added).”
https://reason.com/2025/09/24/trumps-tariffs-have-already-hurt-the-economy-and-the-pain-is-only-beginning/
Donald Trump Is Not the Bitcoin President
“Trump’s Nashville speech discussed bitcoin interchangeably with “crypto,” but bitcoin is fundamentally different from other cryptocurrencies. It runs on a decentralized, peer-to-peer software network and issuance schedule that, by design, can’t be tampered with by centralized authorities. It provides a way to send value over the internet without trusting third-party intermediaries. Like the gold standard, it’s a neutral monetary system; unlike gold, it has no physical properties, making it harder to seize or censor. If bitcoin fully succeeds, governments will no longer be able to steal from their citizens by printing money, and they’ll no longer be able to cut people off from payment networks and banking services.
“Crypto,” on the other hand, typically describes a set of centrally issued tokens, usually administered by foundations, neobanks, and tech companies. Most “crypto” projects are outright scams or pyramid schemes; most have failed to find (or never looked for) real-world adoption.
The major exception is “stablecoins,” which have emerged as the crypto industry’s killer application. They work like casino chips: a stablecoin company issues $100 worth of digital dollar tokens and simultaneously backs them with $100 of “high-quality” assets, typically U.S. Treasuries. Stablecoins aren’t routed through the conventional banking system, so they move easily across borders and are readily accessible in parts of the world where the dollar is in high demand.
Stablecoins’ key innovation isn’t technical; it’s regulatory arbitrage. They mean dollars for anyone, with no rules. Like bitcoin, they’re a quasi-permissionless, internet-native form of money; unlike bitcoin, they rely on the U.S. dollar for their value and are almost entirely administered by companies.
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As early as 2018, millions of people in Iran, Turkey, Nigeria, and Argentina began using Tether as an “offshore” dollar that local authorities couldn’t easily confiscate. With stablecoins, a refugee in a war zone can access dollars just as easily as a London bank. A recent study from ARK Invest estimated that there are 200 million stablecoin holders, compared to a billion holders of paper dollars. As countries like Russia and Iran attempt to coerce their citizens into using collapsing local currencies, the people are increasingly turning to stablecoins, which are hard to ban.
There is significant bitcoin adoption in authoritarian countries and collapsing economies as well, but many prefer stablecoins to mitigate price volatility. Stablecoins track the dollar, while bitcoin floats. Like the dollar, stablecoins gradually lose value over time, but they don’t experience wild price swings.
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unlike bitcoin, stablecoins require users to trust the companies that issue them. The tokens can be frozen, inflated, or remotely confiscated—and if the company issuing them commits fraud, they can become worthless. They’re a useful tool, but they aren’t in the same category as bitcoin, which is essentially freedom money.”
https://reason.com/2025/09/12/donald-trump-is-not-the-bitcoin-president/
USA Hits India & China
Trump’s H1b Visa 100k fee will increase the cost of doing business in America, which means a smaller economy and less jobs. It also incentivizes companies to offshore labor rather than use people in the U.S. who spend some of their salaries in-country.
https://www.youtube.com/watch?v=nOpw1nTJzxI
‘The Game Is Rigged.’ Elizabeth Warren on America’s Next Story | ‘The Opinions’ podcast
‘The Game Is Rigged.’ Elizabeth Warren on America’s Next Story | ‘The Opinions’ podcast
https://www.youtube.com/watch?v=rUdRE1OAH38
TIC Data: Foreign Purchases of US Securities is Grinding to a Halt
As a reserve currency, the U.S. Dollar is slowly losing out to gold.
https://www.youtube.com/watch?v=dYYkQTngT8M
Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’
Jerome Powell says the Gen Z hiring nightmare is real: ‘Kids coming out of college…are having a hard time finding jobs’
https://www.yahoo.com/news/articles/jerome-powell-says-gen-z-212422015.html
$69 Billion Bond Auction – Why Yields are Up Since the Fed Cut Rates (A Warning)
Long term bond yields rose after the Fed cut. This is the bond market signaling to the Fed that the interest rate cut was not needed and that they have less confidence that the U.S. will remain solvent in the long term. We should watch and see if this signal maintains over the weeks to come.
https://www.youtube.com/watch?v=Yr6pBTKg1VY
How Did Poland Get So Far Ahead of Hungary?
“Hungary was once wealthier than Poland—it had a per capita GDP of $21,400 in 1990, when it also emerged from under the thumb of the Soviet Union—but it now lags considerably and seems to be falling farther behind. A share of the blame goes to Hungarian President Viktor Orbán, who embarked on an economic and ideological project during the 2010s that caught the attention of conservatives and nationalists across the globe, particularly in the United States. Along with a crackdown on immigration, Orbán is a ferocious economic interventionist. In 2021, for example, he responded with aggressive price controls on food, fuel, and other essentials to combat inflation.
That shift toward statism brought predictable shortages and, as Balcerowicz warned, stagnation. Hungary’s economy sank into a recession after posting negative growth in the last two quarters of 2024.
Hungary’s brash strongman is skilled at drawing attention to himself. But Poland’s stability and growth ought to show the way forward—not just for central Europe, but for any place that throws off the shackles of authoritarian ideology and the central planning that comes with it.”
https://reason.com/2025/09/18/poland-climbs-hungary-slips/
The Federal Reserve Cuts Rates With Inflation Still Hot. Is Political Pressure Winning?
“Inflation, as measured by the Fed’s preferred price index, remained at 2.6 percent in July, the most recent month in which data are available. The Fed’s target is 2 percent. Moreover, in August, the consumer price index, which the Bureau of Labor Statistics uses to measure inflation, increased by 0.4 percent—the greatest monthly increase in inflation since January…
The FOMC acknowledged in its own announcement that “inflation has moved up and remains somewhat elevated” while the unemployment rate “remains low.” Increasing the fed funds rate is one of the Fed’s primary tools to combat inflationary pressures; lowering it is the opposite of what the Fed should do if it’s seriously concerned about inflation. Apparently, it’s not.”
https://reason.com/2025/09/18/the-federal-reserve-cuts-rates-with-inflation-still-hot-is-political-pressure-winning/