Subnostr

Well damn. I wouldn't mind this, but holy shit. Let's go full mask-off and show the extent to which we're only keeping this system afloat with thoughts and prayers...

Hope you're holding bitcoin, cause we're hell-bent on printing ourselves into oblivion.

https://www.nytimes.com/2024/10/24/us/politics/donald-trump-tax-policy.html

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Discussion

❒ PictureRoom 1y ago

This is all becoming a shit show. Thanks Satoshi for #bitcoin

pup 1y ago

No rational holder of US debt can hear these proposals and continue to believe their savings are safe in treasuries.

Are there rational holders left?

pup 1y ago

I pity Yellen...

❒ PictureRoom 1y ago

Haha

pup 1y ago

"Hey there Yellen, we're going to need $10T this year. Surely you can make it work.

...Oh, and we ended income tax, cut business tax rates and capital gains tax, and levied steep tarifs on all our trade partners."

Yellen: "Can Mexico pay for it?"

❒ PictureRoom 1y ago

Plenty unfortunately