Dude that makes no sense at all. He wants to depreciate the dollar by putting on tariffs, an action you yourself admit depreciates all OTHER currencies, thereby increasing the value of the dollar?

Then after that he’ll “negotiate” to have the other countries to appreciate their currencies? By buying US goods and companies?? Both of those things appreciate the US dollar. China has been selling their goods to the US (something which should appreciate their currency) without appreciating their currency by buying property and companies in the US so they never have to use the US dollar to buy their own currency. This increases the value of the dollar while decreasing demands for the Chinese currency. This has been widely seen as unfair currency manipulation by China.

Things that increase demand for US dollars such as buying US goods and investing in the US APPRECIATE the value of of the US dollar. I haven’t read the article yet, but I hope your summary is incorrect, because Varoufakis is generally a very intelligent left wing thinker and I would be surprised to see this kind of gaffe in basic economics.

Edit: here is a link to the article since the one above didn’t work for me.

https://www.yanisvaroufakis.eu/2025/02/21/donald-trumps-economic-masterplan-unherd/

While tariffs would work against Trump’s plan (by deppreciating foreign currencies) they give Trump revenue he can spend with congressional approval. Then for the countries that make a deal he’ll either force them to appreciate their currencies by swapping US dollars for their own currency (to depreciate the dollar), OR make them buy very long term US bonds (stabilizing the US debt markets) and buying US weapons (diluting the cost of US military R&D). Trump hopes this lets him depreciate the dollar while keeping it as a reserve currency (having his cake and eating it too).

Turns out violence is the answer a lot of the times. Why not do a 4 year training camp at the world’s largest and best funded violence delivery machine ever created and learn a few tips.

This is YOUR post about how Zelenskyy wants peace and Trump and Russia are being a massive piece of shit. I’m AGREEING with you. Why are you being so hostile??

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Trump’s tariffs are universal. Meaning that even in cases where the only practical option is Canada, for example potash, they have to suffer a direct 25% price increase.

The Canadian tariffs are highly selective, we only tariff goods that have alternate non US suppliers at similar prices. In this case the tariffs would mostly reduce market competition without directly affecting price.

I think the better approach is to not enforced the digital lock aspects of the free trade agreement and have Canada be a leading repairer of farm and industrial equipment.

Holy shit that video is based as fuck. Watching the Democrats right now is like watching someone say “the ice cream has poison in it” and then they order a sundae.

Last Trump admin the US tariffed China, China retaliated by tariffs on US ag goods. Eventually Trump caved (or genius negotiation depending on your political colour) and China lifted the tariffs. Ask American farmers if they got those contracts back once China developed relationships with Brazilian farmers instead. Look at how many small farms folded since then and have been bought by commercial interests. Think that’s a coincidence? Only megacorporations can afford to wait out the consequences of these actions.

The consequences of this idiocy will last a long time.

I can’t believe that the NDP get labeled as fiscally irresponsible for supporting increasing our healthcare and our standard of living, something that is PROVEN to be cheaper than a private market solution for healthcare and standard of living.

The conservatives have the reputation as the fiscally responsible ones. Our provincial conservatives just spent 660 million dollars, to get 24s of beer into grocery stores a year before the exclusive contract with the beer store expired. That’s $50 per Ontario resident. How is that responsible?!?!?

It’s fucking wild to watch the Americans fuck everything up through fascism and seeing most Canadians say the same shit the Americans were saying 4 months ago about all parties being the same and that they can’t vote for the “secretly corrupt” center party and that they’re voting for the overtly corrupt alt-right conservatives.

This is a hilarious story and I love it.

I fucking love this story. Thanks for sharing it!

https://youtu.be/6pY-0JfEdLY

I found it and it’s great!

What the fuck are you talking about? You ever had a cop find and arrest someone who violated your rights? Must be nice to be that well off! Around here cops just beat students during protests and protect scabs during strikes.

Wait a minute… If I click through the cross-posts I end up right back here… Where did the season’s greason’s start!!!

I want someone who would choose to spend a million/year on the animals instead of on themselves.

That video is garbage, you REALLY think the “best and brightest” are the ones making millions? It’s the well connected. The people who make and break lives like chips on a poker table over a game of golf. The people who hang out on Epstein’s Island. They’re the only ones making millions per year.

The best and brightest are slaving away in universities and companies making meager salaries. The ones who have to fight for every cent that goes towards their innovation and research, who have to convince shareholders that every dollar they invest will give them a thousand back.

Let those people run the zoo, they’ll do it for 120k. That’s millions more that can be spent on the animals by people who actually have the skills to help.

Update Oh my god. I just watched more of the video and it’s baffling how bad it is. First he says that charities have to fill the gaps the market can’t fill because it’s not profitable. But his 5th pillar is that they should be allowed to pay profit to share holders to attract “capital”. But if they could turn a natural profit they wouldn’t need to be a charity. That means that profit necessarily has to come from DONORS. He’s literally advocating for a charity that takes donations and pays them to SHAREHOLDERS instead of the needy… Holy shit he’s in a room full of “smart” people and getting praised for this idea. I’m only half way through and I’m getting nauseous watching this.

Final update. His overall idea that overhead isn’t a good measure of charity success is a decent one. But NONE of the solutions he proposes are decent. What about compensation for charity workers? All he talks about is MBA salaries. And giving donations to shareholders is the most disgusting idea I’ve heard all year. That’s completely irredeemable.

What about high energy use industry running only during excess supply. Making aluminum, desalination, even training AI models. There are a lot of energy guzzlers that don’t NEED to run 24/7. Why can’t they be a sink for excess power?

Lol. Latino countries elect women as presidents all the time. The US NEVER votes for women, even when they’re running against a disgusting rapist. Looking at the statistics it’s always white people stopping women from being elected. But it’s the Latino minority who are misogynist?

Wild reach! That’s some massive prejudice you’ve got under the hood there.

It’s not strange that these advancements happen only during war. During war the government and the rich finally need living human bodies to throw at eachother so they invest in us, and are willing to take risks on those of us with good ideas. If we take control of our money and our government we could do that ALL THE TIME.

Damn greedy dragons hoarding their bullshit “wealth”

It’s going wherever the fuck they want. Stephen Colbert did a while segment about how the main purpose of Super Pacs is funneling secret money off the books. Political stuff is just the cover.

https://www.vox.com/2014/6/4/5776676/stephen-colbert-super-pac-study