![Losurdo_Enjoyer [he/him]](https://hexbear.net/pictrs/image/cb4d9709-0ce1-490e-be4a-a2649aa8f438.jpeg?format=webp&thumbnail=128)
honestly i was drunk last night when i made this post, i thought i remembered him being anti trans and such a free speech absolutist that he excused CSAM but i cant find anything on that when i look for it so i may have just gotten him mixed up in my head with spez? my bad aaron
i think the implication @RomCom1989@hexbear.net was going for is the only "w" the finns claim is one which has no bearing in reality (because ya know the soviets never tried nor ever wanted to annex finland
it's beautiful
CIA just couldnt handle the fact that he had a moral vest that protected him from all the evildoings of the CIA and they came up with increasingly wackier schemes trying to cope with that instead of accepting defeat.
glad you're ok i had been wondering where you were. jealous you have a plan to get out of this shithole
nitter.net | xcancel | twitter
i don't think the Trump regime is "stupid" so much as i think they have had trouble coming to a unified plan of attack. It's obvious there are very real divisions between figures like Navarro, Musk, and Bessent/Miran; and the fickle 78 year old at the center is struggling with it
So Trump comes out swinging on Obliteration Day and goes full "no compromise" Navarro, then he gets pushback from the generally anti-tariff Musk, and what emerges is a warped version of the "country buckets" Bessent/Miran targeted tariff approach (tho it bears the Navarro scars).
The political establishment is incredibly fractured, and that includes the Republican party. That's why Trump is able to get away with such big initiatives without real challenge, but it's also why his actions seem pulled into different, contradictory, directions.
best take I've seen on the tariffs, i think the insider trading is just a side job. from a follow up tweet, engels actually wrote about this in an abstract way lol https://www.marxists.org/archive/marx/works/1890/letters/90_09_21.htm#%3A%7E%3Atext=For+what+each+individual+wills%2Cthe+same+laws+of+motion
maybe. i just had seen more than one person do it and wanted to spread the word to them generally without tracking down each comment and dming them and 2) wanted to make sure i hadnt missed something
some of these comments were days ago that i read on my phone where im not logged in, i didnt want to scroll looking for them lol.
Trump didn't try to do what MMTers advocate for
the tweet isnt saying that trump is doing what MMTers advocate for with his policies, just that he tried to ignore the bond market which immediately began to discipline him. thats why i linked the 2nd tweet. so the idea here is that if someone who followed MMT's principles, the bond market is what ultimately would discipline them. could you link further reading about the YCC policy? thanks
i will say something i dont think the OP is accounting for is the dollar's reserve currency status, no? i thought that was a big part of the reason the interest rate rising on treasuries while the stock market was dipping was so spooky for people
regardless, their claim towards that book is really what intrigued me and made me share it, i thought it could be very interesting read for an mmt enthusiast to read even if they ultimately disagree with the OP on twitter
habits take quite a long time to form (i think a ~month normally?), and if random twitter threads can be believed (lol), it is even harder if not outright impossible for people with adhd
putting this in my 2nd comment since i'm not educated enough on the subject (i.e. havent actually read the MMT texts myself) but also since it's just hexbear and we say stuff based on vibes like 80+% of the time bare minimum anyways: i think this would explain so much of the more "orthodox" marxists'1 misgivings about mmt (eg. michael roberts)
1 just meaning "doesn't agree with MMT's analysis" here
interesting take about MMT. gist is that this tarrif situation shows that MMT is critically missing that the bond market will discipline you hard if you try to do what you want with no regards to it. or at least that is what this account is claiming anyways
I myself still unfortunately have not read the works of mmt theorists myself so i have no clue if one of the follow up tweets (nitter | twitter) is accurate:
It does advocate for not worrying about the disciplining power of yhe bond market, as you may be aware if you're familiar with their literature
@xiaohongshu2@hexbear.net thoughts on this? you may also be interested in this very old book that they are claiming explains the state of the US monetary system today better than MMT: A resource of war-- The credit of the government made immediately available.: History of the legal tender paper money issued during the great rebellion. Being a loan without interest and a national currency (https://annas-archive.org/md5/0fc65fd1833dc4a7d03ab10914234f9b)
fair enough. im probably just being annoying anyways but i can never miss an opportunity to shit on succ dems/"leftists"