The crypto president

[canpakes]

The circle of the Venn diagram that contains the investor apologists for this administration as well as the aloof libertarian investors is all about the inflation trade. Going all-in on gold or bitcoin is a cynical play. It reveals a lack of belief that this administration, with all its hype, will do a darn thing for the economy.

The Administration doesn’t need to do anything to help the economy. If anything, it would seem to be in their best interest to have it slide into recession. The Fed will then ease up a bit more on interest rates which will benefit the billionaires using borrowed money to buy up assets at reduced prices. Meanwhile, foreign dictators and other unsavory folks will pour money into Trump family bitcoin schemes to buy favor with the White House. Tariff announcements will be all over the map, but Trump’s friends and family will always know what’s coming within an hour prior, and can adjust their portfolios for maximum advantage. All in all, this Administration exists to serve the grifters.

Meanwhile, MAGA will either quietly ignore those increasing prices, or will pretend that rising cost of power, fuel, groceries, housing and health care are all actually ‘decreases’, and will keep their mouths shut between tries at finding a way to blame Biden and Obama for their worsening financial situation.

Cult leaders know their marks, and know the plan to follow for maximum self-enrichment.

[canpakes]

Here’s an excellent read from Reuters:

https://www.reuters.com/investigations/ ... 025-10-28/

“These people are not pouring money into coffers of the Trump family business because of the brothers’ acumen. They are doing it because they want freedom from legal constraints and impunity that only the president can deliver.”
- Kathleen Clark, law professor at Washington University

[Gadianton]

Agreed. The NG has mostly been placed on patrols and civil service projects and usually aren’t empowered to participate in arrests. Their impact on crime would need a closer examination than merely pointing at mystery numbers presented with no source, context or timeframe.

What's interesting to me is libertarians backing it, even if it's successful. Libertarians on this forum have expressed grave concerns about government spending. And so even if the national guard patrolling community streets is lowering crime on those streets, which is totally believable to me, at what cost is it, and why are they suddenly okay with their tax money paying for it for deficit spending paying for it?

This is as much of a crypto topic as any as paying for the national guard to patrol America in general once the experiment expands will affect their stable coin plans.

[Molok]

I have long held a theory that “Libertarians” are just republicans who have strong opinions on drug and age of consent laws and nothing I’ve ever seen has disproven that theory.

[Doctor CamNC4Me]

Maybe I'll get to serve a mission with my wife in my old age after all.

I hadn’t clicked on this thread until now. I came across the gem above.

In a just universe Adolf will serve a mission to his Russian dreamland and he’ll come home with PTSD.

- Doc

[Dr. Shades]

I have long held a theory that “Libertarians” are just republicans who have strong opinions on drug and age of consent laws and nothing I’ve ever seen has disproven that theory.

But have you ever seen anything that proves that theory?

[ajax18]

Maybe I'll get to serve a mission with my wife in my old age after all.

I hadn’t clicked on this thread until now. I came across the gem above.

In a just universe Adolf will serve a mission to his Russian dreamland and he’ll come home with PTSD.

- Doc

It's harder to come down with PTSD when one believes that God can turn all things for his good, whatever happens. Go ahead and mock my faith. I don't mind. Your insults will only strengthen me and my faith in the love, power, and majesty of God. As the good Lord said, "Blessed are ye when men shall curse and revile against you for my namesake. Rejoice and be exceedingly glad, for great is your reward in the kingdom of Heaven."

[Gadianton]

Ajax, with all due respect, your bait and switch falls flat. Nobody has an issue at the end of the day with that part of your faith.

[ajax18]

Ajax, with all due respect, your bait and switch falls flat. Nobody has an issue at the end of the day with that part of your faith.

Well as happy as I am that I didn't pay any mind to your advice and Doc's, and Schmo's advice when it came to whether or not to invest in precious metals in response to the Biden administrations scamdemic lockdowns, stimulus spending, and the consequential inflation, I'm even happier that I never brought into your rejection of faith and spiritual things either.

[Gadianton]

I think you're misremembering any investment advice that I've ever given you. The great thing about investing in gold or stocks or anything else, is you can do so purely in terms of diversification and risk management without having any other kind of rational views about the world, such as thinking Joe Biden did something in particular to warrant your investment. That if Joe Biden weren't president, your money should have gone somewhere else.
Don't stop me from letting you pat yourself on the head after the fact, or that thinking the current run up was caused by Joe Biden 4 years ago. Whatever you need to feel smart and and warm inside, bud.

But these views of yours still don't have anything to do with the reprehensible parts of your so-called faith. We're still navigating the territory of your faith that nobody has any issues with.