By Daniel Lacalle
Harris promises to reduce prices by printing more money, reducing competition, and attacking businesses. Welcome to the US version of Argentina's “Peronism.”
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55 sats \ 2 replies \ @Satosora 24 Aug
Printing more money too reduce prices?
Wow, I didnt know people were that stupid.
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64 sats \ 1 reply \ @Undisciplined OP 24 Aug
That's exactly what her administration's Inflation Reduction Act did. Why would Democrats bother learning from that and the resulting inflation?
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0 sats \ 0 replies \ @Bell_curve 25 Aug
She was the tie breaking vote
Manchin and Sinema are not seeking reelection
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80 sats \ 2 replies \ @Coinsreporter 24 Aug
She'll be leading American Economy inti a total chaos if she gets successful to implement all what she intends. When told and projected in words anything may seem to be a solution but she is not talking about solution but talking about controlling.
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30 sats \ 1 reply \ @oliverweiss 24 Aug
Take it from the other side: Bitcoin will skyrocket.
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0 sats \ 0 replies \ @Undisciplined OP 24 Aug
I'm curious to see. So far, Bitcoin continues to move like a speculative risk asset.
Eventually, we expect to see it behave more like gold or other inflation hedges.
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48 sats \ 7 replies \ @didiplaywell 24 Aug
It would be such a pleasure to see the comparison of kamala with peron become mainstream. Actually, we call Biden here "Juan Domingo Biden", for being the exact parallel of Juan Domingo Perón, something we still can believe the USA voluntarily fell for after giving it all to reject such regimes in WWII. We looked at you as an example guys!! What happened?!?!
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41 sats \ 6 replies \ @Undisciplined OP 24 Aug
I went to grad school with a progressive guy from New Zealand. He thought America was the worst and New Zealand was awesome, but was often surprised to learn that capitalist America had a more restricted economy than his beloved progressive New Zealand.
Basically, what happened is our prosperity became a magnet for rent seeking sociopaths who flooded into government and politics.
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31 sats \ 1 reply \ @Bell_curve 25 Aug
Did you speak with your kiwi friend during or after covid? NZ covid mandates were draconian and that terrible prime minister is one example of why you don’t want women in positions of power and authority
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41 sats \ 0 replies \ @Undisciplined OP 25 Aug
Almost entirely before Covid. Not surprisingly, he was a full-blown Covid hysteric and I barely saw him during or after.
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42 sats \ 3 replies \ @didiplaywell 24 Aug
The welfare state is the mother of all evil. But it came before the sociopaths so, how did America started to believe it was a good idea?
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41 sats \ 2 replies \ @Undisciplined OP 24 Aug
You probably have to go back to the Progressive Era to understand that. A sort of industrial nationalism displaced individual liberty as the dominant political ethos. We can thank the Prussians for that nonsense.
Americans started wanting the government to do grand projects, more than they just wanted it to leave them alone (and conquer the frontier).
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55 sats \ 1 reply \ @didiplaywell 24 Aug
Excellent, I really think this is the base problem. To counter it is part of the work I'm focusing on now.
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20 sats \ 0 replies \ @Bell_curve 25 Aug
We need to bankrupt the enemy and prosecute them for corruption and graft and other left wing crimes against humanity.
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50 sats \ 2 replies \ @galt 25 Aug
The problem with Harris is that it does not matter how dumb she is, so many people are willing to elect anybody as long as it is not Donald Trump. Both are terrible choices, protectionism and cheap money for Trump and full blown Peronism for Harris, both leading the country off the cliff but at different speed
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0 sats \ 0 replies \ @Bell_curve 25 Aug
Venezuela has hit rock bottom and I don’t see things changing for the better
They have been falling off a clip for 25 years
Argentina hit rock bottom and elected Milei
Trump and Harris are moving in different directions
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0 sats \ 0 replies \ @Undisciplined OP 25 Aug
Given that they're both racing towards the cliff, it's an open question whether we want to get there sooner rather than later.
Sometimes it's best to just rip the band-aid off.
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44 sats \ 2 replies \ @cristaiji 24 Aug
Kamala running is like another IQ test for Americans. I hope they don’t fail as badly as the Brits did recently voting in Starmer’s Labour.
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42 sats \ 0 replies \ @Undisciplined OP 24 Aug
"Nobody ever went broke underestimating the intelligence of the American public." -H.L. Mencken
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0 sats \ 0 replies \ @Bell_curve 25 Aug
Most voters stated home. Starmer received fewer votes than Corbyn.
Many Britons now feel regret for letting Labour win. Senior citizens being arrested and incarcerated for social media posts and waving flags and calling for restrictions on immigration
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21 sats \ 0 replies \ @fm 24 Aug
Bitcoin is going up then🙌
If they manage to get her there
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