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Liberty Farmer
e3aefda887252a72cee3578d33b2dcd90e9fe53b8bed6347ef5e26f74211adbb
Lead Hamster at HAMSTR - NOSTR over HF Radio HAMSTR is live, see github link in profile.

Primary dealers do not create money to buy us debt. It is illegal. They must purchase with cash. The fed can however buy them from banks by creating money

However, currently, the fed is still tightening, their balance sheet is shrinking not growing.

Everyone is in equities, they just don't know it.... The entire world is run on them. Rates are based on them, trade, factories, credit, payrolls, and on and on

Lol, a tad early to claim that. Could wake up tomorrow to a 8% drop 🤣

Coinbase has become the biggest shitcoin pusher in the world.

Forgot I had it installed on my phone, got a notification that DOGINME can now be traded on coinbase.

Seriously, wtf?? DOGINME??

Replying to Avatar Synclair

Yes, that was a recession....this was also the largest routing in 5 years, and we are just starting.

No. It is actually impossible to be the global reserve currency, deficit spend at will due to this, and be a global network manufacturing exporter.

Nevermind the fact that I have no idea why anyone would want to go back to being a manufacturing country it makes no sense and we would massively regress. Putting aside modern manufacturing wouldn't employ many people these days of course.

It's not working very well. Dangerous game of chicken as inflation is already ticking back up and we are in a flat to negative GDP growth phase. Fed may not budge and markets have responded just a bit.

Because he keeps saying he wants to go back to the 50s and 60s manufacturing levels and worker wages. Completely ignoring the fact that it is impossible

Trump has never said that's the reason. Bessent has inferred this however. Trump is a senile old man that thinks we will go back building stuff in the 50s. He and Biden share that philosophy.

However, if we are to keep printing money, and keep being the global reserve, this is not mathmatecially possible.