There will be a recession. There is no such thing as soft landings. Or, there will be stagflation.
I'm worried that inflation won't come down, and rates will go up. Inflation could get quite bad if that happens, but it's unlikely.
I think what is more likely is taxes will go up, and there will be cuts to spending, which would allow rates to come down. It would also likely cause a recession, IMO.
Both parties want to raise taxes, and both parties will continue spending. They have almost identical economic policies.
Just surprised nobody is mentioning rates or inflation. The US can't handle higher rates with this much debt, so that's kind of a big problem. Either rates have to come down, likely through a recession, or there could be very bad inflation. The macro situation is kinda messed up.
Oh, I don't know much about anarchism, but punk is good. I'm more into economics, stuff like Mises and Marx.
I guess there aren't many people who are into macroeconomics on #nostr. It's mostly just bitcoin bulls.
join 50/50 club.
you me and nostr:npub1uw6lgv5qyexx68fwgdmwt3w7v3dwv679sray2ncpkug70ad7a8gqut3tay can meet on tuesday and discuss autonomous collectivism and wither emma goldman or sid vicious was more '77 anarcho-punk
I don't know what that is. I'm more of a thrash metal kinda guy
Every single poor person voted for Trump after months of being gaslit by politicians and the media. Democrats are so fucking out of touch.
I can't believe people think the election matters. There is basically no difference between Trump and Harris on the economy. The only differences are cultural issues.
Trump is actually so bad for the price of crypto. Most of his policies are good for the dollar.
No matter who wins the election, the other half of the country will sell. Both sides think the other side is terrible.
Why are people so split on the economy? Half think it's great, and the other half think it's terrible. It's like people are living in different worlds.