Ghost of Truth on Nostr: From DeepSeek to DeepTradeWar There's always something going on and politicians are ...
From DeepSeek to DeepTradeWar
There's always something going on and politicians are making sure we never get bored. So let's move on from the horrors of 'DeepSeek' (nobody cares anymore) to the subject of trade wars and US customs policy. I would just like to add to the general noise the central idea that permanent tariffs lead to a reduction in the international division of labor and thus reduce the productivity of the respective economies.
This will put further pressure on fiat credit and, from the perspective of Bitcoin, should lead to a short-term rise in volatility, but the speed of adaptation will increase significantly in the course of the expected lowering of credit hurdles, government intervention with the printing press and yield curve control to stabilize deficit-ridden national budgets and social programs.
#usa #trump #tariffs #eu #usd #bitcoin #nostr #economy #plebchain
There's always something going on and politicians are making sure we never get bored. So let's move on from the horrors of 'DeepSeek' (nobody cares anymore) to the subject of trade wars and US customs policy. I would just like to add to the general noise the central idea that permanent tariffs lead to a reduction in the international division of labor and thus reduce the productivity of the respective economies.
This will put further pressure on fiat credit and, from the perspective of Bitcoin, should lead to a short-term rise in volatility, but the speed of adaptation will increase significantly in the course of the expected lowering of credit hurdles, government intervention with the printing press and yield curve control to stabilize deficit-ridden national budgets and social programs.
#usa #trump #tariffs #eu #usd #bitcoin #nostr #economy #plebchain