I'm an anarcho-libertarian at heart, but much of what the theories are built on are just wrong, and they are especially wrong in a pure fiat monetary circuit economy where bank balance sheets are most the volatile part of the equation. under a hard commodity money with very little credit expansion MAYBE they would be more applicable, but even that is questionable

as long as limited liability exists as a major market intervention, they have no leg to stand on, since that removes one of the most brutal checks. similar to bank charters, it's one we accept as being necessary to generate the WEALTH capitalism does. the 'allocate scarce resource' view is incorrect, whcih is where most of that anti-regulation thought comes from

Trump is blatantly asking Powell for negative rates, we are just borrowing from the future as in most pumps

I've looked at the list of some of the regulation Trump has repealed. I'm not a sucker. Take the Fiduciary rule for retirement planners. that was insane and is just going to get those people taken advantage of more. That one is part of a wider package of using automatic purchases to prop up the stock market

another one is the Dealer maker provision in the CFPB, which makes Black support for Trump a meme because it was put in to prohibit the blatantly discriminatory practices put in by dealers. The dealers lobbied for via Sen Moran, and Trump signed it. ally bank settled a 100mil dollar fine because of this.
I'm all for dog-eat-dog capitalism and would allow for discrimination, but that company would have to give back Limited Liability, which none would ever do

I think Trump made the economy more economical

the opposite, we are wasting capital

I mean, I never understood capital. What good is it anyway if it causes cancer

I think our economy is kinda like 6G. It's better than 5G but what good is that if you don't have a phone that can use it

GG @StrokeNDong, you just advanced to level 1!

haha.. Trump and his entire administration are piles of shit and i hope they all rot in hell. Same with half of the democrats. What we need are lolis. The more cute lolis in charge the better.

everytime I come here, I keep finding less of a reason to look at politics

@Sh0t So you are trying to say that alot of finacial institutes arn't liable for alot of issues that they cause.

Instead they take advantage of that and abuse that system to pretty much be these banking cartels

Merry Christmas everyone🇺🇸 <a:pepeJAMXMAS:645939047453294612>

Aww

🤢

wtf

hmm

Uh

<:zoomer:583662070462021633>

So apparently a cameo of Trump in the movie Home Alone 2 was cut out for time, and the MAGA people are flipping their shit.

Wasn't that a 90s movie? It's serious digging to think there's some large conspiracy over keeping the president's face out of six seconds in the movie.

Really?

I watched both Home Alone and Home Alone 2 with my family yesterday

Well, it was a DVD so

still if you

*you're gonna cut out someone from a 90s movie

that's kinda stupid

not really a conspiracy

more of an asshole move

Reminds me of the Soviet's removing someone from the history books

it's stupid and pointless

soviets were the first to use photoshop

Leftist companies taking notes I see

Oof

photo alteration, not PhotoShop

Or revisonism

meaning the same thing