Undermining the Fed to get lower rates now is like ripping the batteries out of your smoke alarm because it’s beeping. It’s quiet for a bit. Then your house burns down. Credibility anchors expectations; expectations anchor inflation.
Replies
I want to raise interest rates
aug 27, 2025, 3:48 pm • 0 0 • view
The same reason implementing tariffs on literally millions of products at haphazard amounts and timing with feints and reversals which are implemented over months to years will no result in 'one time' inflation. Expectations will be embedded firmly as it ensues.
aug 27, 2025, 11:56 am • 13 1 • view
But it does allow you to sell low, buy high if you manipulate the market. It’s robbery 101.
aug 27, 2025, 12:40 pm • 8 0 • view
aug 28, 2025, 1:29 am • 1 0 • view
Thank you
aug 27, 2025, 3:02 pm • 0 0 • view
Great analogy.
aug 27, 2025, 1:22 pm • 0 0 • view
This seems more to make his own loans cheaper.
aug 27, 2025, 7:58 pm • 4 0 • view
Do not give control over interest rates and Banks to this nincompoop. When it comes to the economy, he doesn’t know s*** from apple butter.
aug 27, 2025, 2:47 pm • 0 0 • view
The US is a failed state. It’s time for all sane nations to drop the US dollar for international trading and liquidate all US treasury bonds. A robust retaliatory measure to combat the destabilizing trump regime. Get in early! The US dollar will depreciate exponentially once the divestment starts.😎
aug 27, 2025, 3:24 pm • 2 0 • view
No bankers went to jail after the 08 crash, but I bet there's one or two in Trump's Cabinet.
aug 27, 2025, 1:53 pm • 0 0 • view
Wearing shoepolish daily & fake toupee 🍊💩🍊🤡 🤣😅😂🤣😅😂🤣😅😂🤣😂😂🤣😅😂🤣😅😂
aug 27, 2025, 12:20 pm • 4 0 • view
Your house may burn down, but as long as you can blame Woke, DEI and Democrats for it from your safe space in the White House, it's all going according to plan.
aug 27, 2025, 4:04 pm • 0 0 • view
The guy literally has zero understanding how interest rates work. The guy thinks it’s always best pinning rates to zero. For guy that graduated Wharton, he has no understanding of economics including the roles of the Fed and treasury, finance or business.
aug 27, 2025, 5:39 pm • 0 0 • view
This, the guy who threatened to sue Wharton/UPenn if they released his transcript??? I doubt he ever attended classes, took exams, or graduated. A student of any Community College Economics 101 course would know more.
aug 27, 2025, 7:33 pm • 0 0 • view
Trump wanting lower interest rates for the benefit of the country’s debt is a lie. He doesn’t give a tick about destabilizing the economy. Trump wants lower interest rates so he can refinance his own personal debt and save billions in interest payments.
aug 27, 2025, 9:39 pm • 1 0 • view
Krasnov following orders to destroy America from within so his handlers can swoop in and pick the corpse clean.
aug 27, 2025, 4:17 pm • 0 0 • view
It’ll be interesting how long it takes for this bad move to end in ruin. The dollar is still the only poker table in town.
aug 27, 2025, 1:38 pm • 1 0 • view
I guess he didn’t learn that at Wharton School Of Business. 😂😉
aug 27, 2025, 9:38 pm • 2 0 • view
Wait, you sound just like someone who understands economics…
aug 28, 2025, 5:17 am • 0 0 • view
Perfectly put mate. An important point to add I think is why the alarm is on in the first place is cause he started the bloody fire!
aug 27, 2025, 3:10 pm • 1 0 • view
Yes. But Trump doesn't care about any of that. The plan is to destroy everything, create chaos, find a scapegoat and then to scare the people into acclaiming Trump as their savior and President for life. That is the plan. Prove me wrong.
aug 27, 2025, 8:37 pm • 0 0 • view
👏🏼👏🏼👏🏼👏🏼👏🏼👏🏼
aug 27, 2025, 12:17 pm • 3 1 • view
Imagine how much money slump will save on his mortgages if rates go where He wants them?
aug 27, 2025, 5:16 pm • 0 0 • view
This from the excellent Sarah ‘Cassandra’ Kendzior’s 2020 book ‘Hiding in Plain Sight: The Invention of Donald Trump and the Erosion of America’. You’re welcome.
aug 27, 2025, 6:13 pm • 1 0 • view
Trump has bought $100 Million in bonds, so when you understand the Inverse Relation between interest rates and bonds, you understand why he's pushing the Fed to lower rates. It has nothing to do with wanting to help the people. He just wants to help himself. www.investopedia.com/ask/answers/...
aug 27, 2025, 5:35 pm • 0 0 • view
He will do anything to get rid of people who deny him his demands, besmirch him or bruise his egg shell ego. He will lie, create a false narrative, accuse without proof, insult, demean and fire if possible any and all who oppose his position!
aug 27, 2025, 12:12 pm • 5 2 • view
It's insane we have to let a convicted felon ruin all of our families lives because Republicans refuse to hold Trump accountable.
aug 27, 2025, 12:13 pm • 94 16 • view
No: republicans actually want everyone to suffer and die. It's democrats that refuse to do anything to mitigate, avoid or fix what the grand cheeto is doing.
aug 27, 2025, 1:04 pm • 0 0 • view
Convicted felon who bankrupted casinos..
aug 27, 2025, 1:05 pm • 0 0 • view
You need to stop pretending that our bought-ass party didn't just sit there collecting checks while he did all of this on BROAD DAYLIGHT. The DEMS kept allowing his s-t to pass because their donors are the same greedy bankers and oil lobbyists. Our defense took a bribe abd they need a PRIMARY
aug 27, 2025, 2:12 pm • 1 0 • view
"You need to stop pretending" 🙄 Get real I'm talking about now. They have the power.
aug 27, 2025, 2:14 pm • 0 0 • view
🙄 and what's Chuck Schumer and Hakeem Jeffries plan? I'm locked in on politics and if there was a plan, Id know. That tells you everything you need to know about how this war is going. Your asking people who want us dead to fight their cult leader. It's ludicrous to even think like that.
aug 27, 2025, 2:24 pm • 0 0 • view
Ask them. I don't speak for the party I'm a Justice seeker & activist I didn't ask people for anything You seem misguided
aug 27, 2025, 2:27 pm • 0 0 • view
Think about it. The opposition party has no plan to combat a dangerous, lawless takeover. Why shouldn't we primary them all from the left with better people?
aug 27, 2025, 2:37 pm • 0 0 • view
"have to let" doesn't compute. We apparently Are letting, but we don't have to be.
aug 27, 2025, 2:17 pm • 0 0 • view
Republicans know exactly who Trump is. His own VP--back when Vance was still telling the truth about Trump in 2016--called Trump "America's Hitler" and "Unfit for our nation's highest office," and warned that Trump is a serial sexual assaulter. This is the guy that they continue to protect.
aug 27, 2025, 1:17 pm • 2 0 • view
"Republicans refuse to hold Trump accountable." I know they know who he is.
aug 27, 2025, 1:18 pm • 2 0 • view
aug 27, 2025, 1:22 pm • 0 0 • view
It’s not insane. It’s evil. It’s mean. It’s cruel. It is on brand for the Trumplican Party.
aug 27, 2025, 12:55 pm • 42 0 • view
"It's insane WE have to let.."
aug 27, 2025, 12:55 pm • 11 1 • view
80 million people voted for this so…
aug 27, 2025, 1:07 pm • 6 0 • view
Obviously he was elected, legally or otherwise Crime syndicate without Justice
aug 27, 2025, 1:11 pm • 13 1 • view
What Americans do now is the only thing that matters. Please resist. Or everyone on this planet is fucked.
aug 27, 2025, 3:22 pm • 14 1 • view
Allegedly
aug 27, 2025, 1:51 pm • 0 0 • view
Intelligence is on a bell curve. There’s always that lower left side of the curve. We depend on the rest of the curve to vote and keep the trash out of the White House…
aug 27, 2025, 1:11 pm • 1 0 • view
Exactly, and this is why all branches of government are required to keep the lowest common denominators of mob rule from destroying nice things.
aug 27, 2025, 2:32 pm • 1 0 • view
Trump’s assignment is to crash the plane we all are riding on. It’s a simple task he executes while grifting the system for gold trinkets.
aug 27, 2025, 2:32 pm • 0 0 • view
Excellent analogy
aug 27, 2025, 6:42 pm • 2 0 • view
The dollar will fall to historic lows and then fall some more.
aug 27, 2025, 1:31 pm • 0 0 • view
Donnie and his Ghoulliannis are pathologically sociopathic. Your oppression is their profession.
aug 27, 2025, 12:59 pm • 1 1 • view
@justinwolfers.bsky.social You sir are a national treasure. Economics is a complex subject but you provide real world examples to summarize for those of us non-economists! Thank you
aug 27, 2025, 1:11 pm • 1 0 • view
I believe there may be more to his attempt to take over the Fed than meets the eye - If we diligently connect the dots/forecast: think digital - think crypto - think the WEF ‘s great reset of the world’s economic structure and, of course, think the founders of PP and control of the digital wallet.
aug 27, 2025, 3:23 pm • 1 0 • view
An insane failed business man who knows how to bankrupt companies and use fraud for personal gain is not the person to be in charge of anything. He couldn't run a lemonade stand without someone suing him.
aug 27, 2025, 6:03 pm • 1 0 • view
He’s pressing for lower interest rates because he bought $100b in bonds and would benefit, greatly, from an interest rate cut!
aug 27, 2025, 1:21 pm • 3 0 • view
I love the analogy.
aug 27, 2025, 3:22 pm • 0 0 • view
It’s the same mentality as “stop testing and the numbers go down”
aug 27, 2025, 1:11 pm • 9 1 • view
The problem is Trump is too selfish and stupid to see the long term consequences of his actions. Nor does he even care about them! He’s a selfish manchild who wants his on billions NOW and doesn’t care what it will do to the rest of Americans and the world!
aug 27, 2025, 10:07 pm • 2 0 • view
Rules I read say he can't fire any governors of the Fed.
aug 27, 2025, 9:52 pm • 0 0 • view
I happened to hear a story about Lisa Cooks' research on NPR today, and it's definitely worth a listen. www.northernpublicradio.org/2025-08-27/h...
aug 28, 2025, 12:24 am • 1 0 • view
This.
aug 27, 2025, 9:57 pm • 0 0 • view
*is like ripping the batteries out of your smoke alarm because it’s beeping due to the fact that you're lighting fires in your trash cans for fun
aug 27, 2025, 11:56 am • 59 5 • view
While leaving the gas running in the oven.
aug 27, 2025, 12:52 pm • 20 0 • view
I wish he would...
aug 27, 2025, 2:13 pm • 2 0 • view
Undermining the Fed is to get his hands, so the Heritage Foundation can get their hands, on the treasury. This is Putin's playbook.
aug 27, 2025, 10:41 pm • 3 0 • view
scary stuff indeed
aug 28, 2025, 1:40 am • 0 0 • view
😢 we are so screwed
aug 28, 2025, 6:26 am • 0 0 • view
Republican Senators must be shorting treasuries or something, otherwise I don’t get why they don’t make him stop.
aug 27, 2025, 11:55 am • 31 4 • view
The opposite. Trump owns a ton of bonds and wants to sell them at higher prices. It's market manipulation and '80s villain stuff. www.reuters.com/business/fin... @raskin.house.gov @markpocan.bsky.social @thomhartmann.bsky.social
aug 27, 2025, 12:01 pm • 42 17 • view
he’s just replaying all the greatest hits ain’t he
aug 27, 2025, 12:04 pm • 18 0 • view
www.youtube.com/watch?v=_3eC...
aug 27, 2025, 12:18 pm • 11 0 • view
Just a regular Republican action; Steal everything for yourself or your friends, leave a mess behind (fire) and let someone else have to clean up and rebuild... then point a finger and say look at the mess..... Dems are so busy cleaning, nothing new can get done and there is no money left... typical
aug 27, 2025, 1:59 pm • 17 3 • view
It also reflects how they treat women and people of color in general imho.
aug 27, 2025, 7:46 pm • 1 0 • view
I fear it will be decades to just get back to where we were in 2010
aug 27, 2025, 3:33 pm • 3 0 • view
Decades? It will be never. The American century has ended. It will not return.
aug 27, 2025, 9:22 pm • 2 0 • view
Nothing original coming from Republicans that helps Americans, except…no, nothing. They have only caused harm to Americans for decades. They literally hate Americans and America.
aug 27, 2025, 1:00 pm • 2 1 • view
Market manipulation? Insider trading? Fraud? My god this regime is so corrupt. Nothing is being done unless he personally profits. Wake up MAGA. You’ve all been conned.
aug 27, 2025, 9:21 pm • 2 0 • view
If you're not personally benefitting, you're the inventory. But #MAGA gets their cruelty, which is the prize they wanted. When Trump dies, and everyone does, I hope our country is in a place to rake this back from his heirs. We don't seem to do that here, but maybe new rules?
aug 28, 2025, 4:45 pm • 0 0 • view
Also from the article “President Trump’s net worth has increased substantially, with much of that concentrated in crypto holdings and Trump Media. “
aug 27, 2025, 1:15 pm • 1 0 • view
Why is he doing that? What's he got planned to crash next?
aug 27, 2025, 2:53 pm • 0 0 • view
They don’t make him stop this, for the same reason they don’t make him stop anything else. Some have been conned along with 10’s of millions of other MAGAs. Many are just as stupid and hateful as he is. The rest are cowards. Not one of them is honoring their oath of office.
aug 27, 2025, 5:41 pm • 0 0 • view
A D Student from Wharton should not be running the Federal Reserve
aug 27, 2025, 4:51 pm • 7 3 • view
Reminder that he had investments in US bonds, as @hirono.senate.gov observed.
aug 27, 2025, 3:48 pm • 0 0 • view
Another point to make on Trump taking over the Fed. He is an absolute disaster when it comes to finances. He bankrupted a casino and many other businesses. He is a fake businessman who only gets by grift and scams. Even ChatGPT agrees with me. www.independent.co.uk/voices/edito...
aug 27, 2025, 3:44 pm • 4 0 • view
What kind of fucking idiot ever believed in his skill as a businessman. He’s dumb as a post. The ONE thing he’s exceptional at is the con game.
aug 27, 2025, 5:45 pm • 0 1 • view
Good morning Justin and that’s a whole bunch of OMG!😱
aug 27, 2025, 12:45 pm • 0 0 • view
His whole economic plan hinges on paying down a 5% mortgage with a 21% credit card. Then transferring the outstanding balance to 12% card claiming victory on the savings. The USA economy will be lucky to survive the 💰🤡. And if it doesn’t continue in it will take decades to recover.
aug 27, 2025, 3:19 pm • 0 1 • view
man, this is a great piece but I really like how *honestly* complimentary you were to the interviewer without being at all condescending or anything. Just terrific.
aug 27, 2025, 3:07 pm • 0 0 • view
Billionaire like inflation 1. Assets Rise in Value reducing risk 2. Debt becomes a less in value. If u owe $10k but later $10k buys only coffee it no longer a big deal It harms seniors, working people with families as wages never keep up. Trump & country club mod want inflation ….
aug 27, 2025, 4:39 pm • 1 0 • view
The grand cheeto never had any credibility except among his cultists. I find it hard to believe he has any to lose.
aug 27, 2025, 1:02 pm • 0 0 • view
Puts on America.
aug 27, 2025, 9:03 pm • 1 0 • view
It’s like he is trying to destroy the U.S. economy
aug 27, 2025, 1:17 pm • 0 0 • view
Gifting Bluesky this Bloomberg Article. Feel free to repost. Tariffs/Trade/Interest rates are simple concepts (at least for most,not naming names here).Managing them to create the most good and least harm for US consumers and businesses is a complex tricky business. www.bloomberg.com/news/article...
aug 27, 2025, 1:15 pm • 0 3 • view
Find a protest and every day call your reps & GOP leaders. None of this stops until he’s gone. Your reps and GOP leaders can be reached 202-224-3121 Tell them to remove Trump by impeachment/treason charges Need help use 5calls.org Also, Runforsomething.net
aug 27, 2025, 1:57 pm • 0 0 • view
What a great way of exposing Trump's idotic grab for more power and control, He is burning down the country.
aug 27, 2025, 1:36 pm • 1 0 • view
Nice analogy!!🤣
aug 27, 2025, 9:25 pm • 1 0 • view
But like it or not, there is a chance he will succeed in this. I have yet to see convincing evidence that proves we are not heading for an absolute disaster in this country. You better strap in because as as everyone has concluded the only way MAGA will learn from this is to their pocketbook.
aug 27, 2025, 1:11 pm • 5 0 • view
Their pocketbook and ours, sadly.
aug 27, 2025, 2:29 pm • 3 0 • view
I’m sure they’ll find a way to blame it on Biden.
aug 27, 2025, 5:09 pm • 1 0 • view
📌
aug 27, 2025, 11:23 pm • 0 0 • view
Anyone up for hoarding toilet paper it is that time again.
aug 27, 2025, 1:29 pm • 2 0 • view
Aight 😁
aug 27, 2025, 4:10 pm • 1 0 • view
📌
aug 27, 2025, 4:38 pm • 0 0 • view
No one ever mentions the real reason he wants lower rates, because he has real estate loans coming due with big balloon payments due and he wants to refinance at a lower rate to put money in his pocket. You have to remember it is always about him! He could give a shit about Joe’s mortgage rate
aug 27, 2025, 2:37 pm • 7 0 • view
Anyone let him know the federal reserve is a private bank and not subject to his oversite?
aug 27, 2025, 10:46 pm • 1 0 • view
If the federal government takes over the Fed, I would short my stocks and convert everything to cash and put it in something like euros.
aug 27, 2025, 4:49 pm • 0 0 • view
Takes me back to the 2008 financial crisis 😫. Followed by the Great Recession. Give Trump the keys to the Federal Reserve and we'll be heading for a repeat.
aug 27, 2025, 12:20 pm • 19 5 • view
Worse. A global depression could be on the horizon.
aug 27, 2025, 12:42 pm • 24 3 • view
Agreed 👍
aug 27, 2025, 1:06 pm • 5 1 • view
Most likely
aug 27, 2025, 1:17 pm • 4 0 • view
Is. Is on the horizon.
aug 27, 2025, 6:31 pm • 1 0 • view
As an individual suffering of personal depression I couldn't care less for the fucking system, political and economic,to finally get what it caused on so many of us. Just kidding haha. But as Capitalism kills so hopefully finally it'll kill itself.
aug 27, 2025, 1:43 pm • 2 0 • view
Good analogy (although admittedly there are many good ones).
aug 27, 2025, 2:17 pm • 20 0 • view
After the economic collapse, the ruined lives, and the devastation caused by such an incompetent president will American MAGAs recognize the toxicity of a manipulative propaganda outlet such as Fox News? Unlikely.
aug 27, 2025, 12:30 pm • 6 1 • view
Who pays the bill? When does it come due? Trump only wants to extend his craziness while he profits from more & more grift. He doesn't care about the economy. He's like the people selling CDOs in 2006, they didnt care about their institutions. Someone else has to clean up the mess.
aug 27, 2025, 1:40 pm • 0 0 • view
Maybe the media can stop pretending Trump has any idea how the U.S. economy works. Trump only cares about his and his rich buddies economies.
aug 27, 2025, 12:55 pm • 3 2 • view
It's common fucking sense do you think fortune 500 companies invest in Russia. Putin would steal all their profits. Daa. Guess what the smartest, most innovative people are running away from trumpism as fast as the plane will take them. Say goodbye to your retirement, 401 k
aug 27, 2025, 3:01 pm • 0 0 • view
On a sidenote, I have smoke alarms since 10years. I get about 5 alarms per year, all of them was due to flat batteries, not a single real alarm. I lived the prior 50 years without, and never had a fire. They are useful, but removing the battery, by itself, does NOT burn a house down ;-)
aug 27, 2025, 1:32 pm • 0 0 • view
While you are correct that removing the batteries from a smoke and/or carbon monoxide detector won't burn down your house or kill you, you increase the risk of dying in a fire or from CO2 poisoning without them. Consider the lives they've saved because they work. In short...don't be an idiot.
aug 27, 2025, 1:41 pm • 0 0 • view
I don't deny their usefulness, but I'm unhappy with the original wording, stating that removing the batteries will burn your house down. Like I said, I have 5 in my house and one on each of my 3d printers, but I (luckily) had only false alarms. So had pretty one everyone I know.
aug 27, 2025, 1:59 pm • 1 0 • view
Okay. That's fair. We agree that that removing batteries from a smoke/CO2 detector does not cause fires or CO2 emissions. 🤓
aug 27, 2025, 2:31 pm • 1 0 • view
Exactly 😊
aug 27, 2025, 2:34 pm • 1 0 • view
He doesn’t care if the house burns down
aug 27, 2025, 3:51 pm • 0 0 • view
Nice analogy- and unnerving point you make.
aug 28, 2025, 5:30 am • 0 0 • view
dismantle the government....that is his intent...and of course personal gain.
aug 27, 2025, 12:13 pm • 2 1 • view
Who is trump REALLY working for? Here’s a hint: it’s NOT America.
aug 27, 2025, 3:33 pm • 3 1 • view
Two decades of ZERO Fed Rate profited no one but the banks.... The Fed needs to leave rates alone or raise them.... imho.
aug 27, 2025, 1:38 pm • 0 0 • view
This is a critical thought. Believing in USA data = we are safe haven Our dollar will be safe Controlling the data = we are not a safe haven Controlling the interest rate = we are not a safe haven Together…a double whammy IMO WE ARE GOING TO SEE A OCTOBER CRASH President Trumps is in a rush
aug 27, 2025, 12:50 pm • 3 1 • view
Tick tock said the mid terms, and cholesterol.
aug 27, 2025, 1:08 pm • 0 0 • view
By doing this it also reveal how little Diaper Don and his thugs actually know about such things and what absolute amateurs they are.
aug 27, 2025, 6:12 pm • 1 0 • view
And remember the entire reason behind this, THE ENTIRE REASON, is because he will personally benefit from his investments making him more money which he won't even be able to spend if he wanted to regardless of the fact he'll be dead in under a year. "I want, I want!! Wahh!!"
aug 27, 2025, 12:59 pm • 1 1 • view
Every day they dig their hole deeper, the revenge will be sweet when it comes to these fascists.
aug 27, 2025, 3:31 pm • 0 0 • view
Excellent analogy
aug 27, 2025, 3:46 pm • 0 0 • view
Trump wants to run the tab up, so when the bill comes due, his party isn't around to pay it, that way he gets to point to the Dems and talk about how they are "spending so much money."
aug 27, 2025, 12:45 pm • 3 1 • view
Everyone in the Republican Party is okay with a man who has filed bankruptcy 4 times tearing down our financial system
aug 27, 2025, 3:08 pm • 0 0 • view
There is no coherent economic policy from the regime, they don’t want to listen to bad news and think forcing the fed lower rates will ‘fix’ any problems. We are seeing the Dunning Kruger syndrome being employed at the highest level.
aug 27, 2025, 7:36 pm • 0 0 • view
Great analogy!
aug 27, 2025, 12:28 pm • 1 0 • view
Known dumb fuck & extreme pedo says…
aug 27, 2025, 2:17 pm • 0 0 • view
Dear Justin, when YOU think its time for us to cash out our 401K's so we have SOMETHING to survive on, post collapse, kindly PM me and others (first), then post HERE in all caps that its all falling apart. MAGA needs to be the last to know. Sincerely, Me
aug 27, 2025, 1:19 pm • 4 0 • view
Katy Turd is a fwumper and part of the reason we are in this fucking mess.
aug 27, 2025, 2:26 pm • 0 0 • view
Ok Republicans wheres your red line? Wtf. Call and email your representatives DAILY and demand they honor their oaths to the constitution IMPEACH REMOVE AND JAIL TRUMP AND HIS CABINET PLEASE JOIN CITIZEN IMPEACHMENT.COM
aug 27, 2025, 8:08 pm • 0 0 • view
Trump and his cronies want their free money back at America’s expense 🙋♂️
aug 27, 2025, 10:44 pm • 1 0 • view
None of this matters if the GOP blesses his intent to become a dictator because he will wipe out any rein on fiscal restraint. It does not matter to the 1% if the rest of us are broke because they don't need us except as cheap labor they can sweep aside when we drop dead. 🚨🚨🚨🚨🚨
aug 27, 2025, 1:49 pm • 1 1 • view
great analogy
aug 27, 2025, 3:14 pm • 2 0 • view
"If we stopped doing covid tests, our infection numbers would be low". And America reelected this guy!
aug 27, 2025, 3:16 pm • 2 0 • view
There was something I saw last night on All in with Chris Hayes, that makes me wonder if this is not really about interest rates. I don’t really understand it, and could be getting it all wrong- The Fed controls what he central banks can invest in, and currently that is not cryptocurrency. 1/
aug 27, 2025, 2:51 pm • 0 0 • view
Trump passed the Genius Act that makes it legal for banks to invest in crypto. Now the crypto guys just need to get control of the Fed to actually get it done. They made it legal, but not prudent, and smart people at the Fed are saying - no way. The interest rate is just window covering, and 2/
aug 27, 2025, 2:51 pm • 0 0 • view
maybe Trump actually believes that is what the goal is. The real goal is to sell the American financial system worthless cryptocurrency and leave us with another bank bailout when it crashes. 3/3
aug 27, 2025, 2:51 pm • 0 0 • view
Yep. I think you're onto something here. Good call
aug 27, 2025, 3:11 pm • 1 0 • view
When your leader is a serial bankrupt good fiscal management is impossible unless you hire experts like Reagan did.
aug 28, 2025, 1:31 am • 0 0 • view
🎯 But HEY! As long as Trump and his cronies can find a way to PROFIT from it, who cares about the rest of the country? (= WE should.) 🥊
aug 27, 2025, 2:14 pm • 0 0 • view
Trump never thinks more than 2-3 minutes ahead. He's terrible at anticipating consequences. E.g., the US has a debt of $36 trillion. He wants to borrow more. The world's bond buyers are very conservative. They would not like a politicized Fed. The man bankrupted casinos.
aug 27, 2025, 11:02 pm • 0 0 • view
Its NOT HIS HOUSE - its ours. GTFO, fotus.
aug 28, 2025, 12:53 am • 0 0 • view
it will go up and down depending on how the mega wealthy can buy and sell at a profit.
aug 27, 2025, 3:02 pm • 0 0 • view
Uncertainly smashes markets
aug 27, 2025, 12:59 pm • 1 0 • view
I’m proud of the honorable, compassionate and Constitution protecting U.S. citizens who are standing against the dishonorable acts of POTUS, Senate GOP, House GOP, a dishonorable, incompetent and corrupt executive branch and a corrupted SCOTUS. It will take years to restore the Republic, and we must
aug 27, 2025, 3:34 pm • 0 0 • view
Always great similes!
aug 27, 2025, 11:55 am • 2 0 • view
Leave it to the people who have the knowledge necessary to handle it. They have spent their entire careers dealing with the subject. It’s hubris to think one can do better or knows more than people who have been chosen from the best of the best.
aug 28, 2025, 5:35 am • 0 0 • view
The dumbest student to ever matriculate at Wharton for an undergraduate degree thinks he knows business. Well he does know bankruptcies.
aug 27, 2025, 12:54 pm • 9 2 • view
He wants control of all monetary policy and he will totally crash the world economy. That is how idiots do things!
aug 27, 2025, 1:48 pm • 0 0 • view
Obviously his plan is to cripple Americans and thus America so that his “I alone can fix it” will somehow resonate to the point we will all go along with his dictatorship - just like members of his cabinet all bow down and kiss his ass now.
aug 27, 2025, 2:38 pm • 0 0 • view
Trump doesn't care. He knows he is going to die soon. What he cares about is more money and legacy , that he thinks he was the best president in the world.
aug 27, 2025, 6:21 pm • 1 0 • view
The GOP wants to destroy the economy. Then dark money can buy up what is left.
aug 27, 2025, 8:51 pm • 0 0 • view
This is an awesome analogy, Justin thank you. I hope people pay attention because we are heading for a big crash. I hope you guys are ready.
aug 27, 2025, 11:28 pm • 1 0 • view
With him it’s always a scam and con.
aug 27, 2025, 5:21 pm • 2 1 • view
Because he’s rotten to the core
aug 28, 2025, 1:26 am • 1 0 • view
Trump is causing an economic disaster. cbwrong.blogspot.com/2025/08/law-...
aug 27, 2025, 12:35 pm • 5 0 • view
Somehow I feel like it is 2008 all over again & Credit Default Swaps have been replaced by crypto & AI AND dt is moving to control the FED. All this when we already saw that dt ran a casino (= FED) into bankruptcy. Will Roberts ever decide he has had enough & ground dt stopping authoritarian chaos?
aug 27, 2025, 12:46 pm • 3 2 • view
Gooday, Justin. Always love your segments.
aug 27, 2025, 3:00 pm • 0 0 • view
What is mind blowing to me is that Big money is allowing this to happen. They are selling their future (and ours) for tax cuts that will only help their bottom line short term. If the Middle Class disappears, the days of Big Money are counted too. It’s an ecosystem.
aug 27, 2025, 2:44 pm • 0 0 • view
Listen to this economist and Paul Krugman or our economy will die under trump
aug 27, 2025, 2:01 pm • 0 0 • view
I know it’s been debunked, but Trump is the manifestation of failing the marshmallow test.
aug 27, 2025, 11:54 am • 3 0 • view
Except that Trump would eat the marshmallow immediately, then either bully the tester to give him more, or he’d distract the tester in some way, while stealing the whole bag.
aug 27, 2025, 5:51 pm • 0 0 • view
… or he’d lie nonstop, saying he never ate the marshmallow, claiming that some other kid stole it.
aug 27, 2025, 5:54 pm • 1 0 • view
Reminiscent of wanting to stop COVID testing because it caused the number of cases to rise…
aug 27, 2025, 5:54 pm • 2 0 • view
I would expect nothing less from the mango moron whose solution to Covid was to bury your head in the sand and not test for it.
aug 27, 2025, 12:44 pm • 3 1 • view
The mental conditions Trump has is enough to write several volumes of books.
aug 27, 2025, 5:08 pm • 0 0 • view
One Million Rising
aug 27, 2025, 3:05 pm • 0 0 • view
Cracks me up to even mention credibility concerning Trumposhenko and MAGA. A sane person KNOWS the shitstream from MAGA is meaningless, but media keeps on politely showing it. I completely ignore any media report that starts out w/ "both sides do it" phrasing. BTW, uncertainty destroys businesses.
aug 27, 2025, 3:04 pm • 0 0 • view
Great analogy! I’ll have to remember that!
aug 27, 2025, 12:38 pm • 0 0 • view
There goes the US dollar as the world currency of record.
aug 27, 2025, 12:00 pm • 8 0 • view
If the US dollar falls as the global reserve currency, then the USA will go bust.
aug 27, 2025, 12:41 pm • 9 2 • view
A self inflicted mortal wound
aug 27, 2025, 12:58 pm • 4 0 • view
Yes, but inevitably one that drags us all into the mire.
aug 27, 2025, 2:52 pm • 1 0 • view
Thank you for the great analogies! For those of us who have no grasp of economics, it's very helpful. Also, you have an excellent sense of humor.
aug 27, 2025, 1:03 pm • 1 0 • view
He's the analogy master!
aug 27, 2025, 1:05 pm • 1 0 • view
No one’s considering that the inflation is on purpose that they’re pissed that Democrats stopped it from blowing up last time
aug 27, 2025, 5:20 pm • 0 0 • view
Perfect analogy!
aug 27, 2025, 6:51 pm • 1 0 • view
Don't cry for me America. The "truth" is I never left you. All through my "Be there it will be wild days, my mad existence. I grabbed your privates, you said you liked it. I kept my promises. 🇺🇸🤡😢
aug 27, 2025, 5:29 pm • 0 0 • view
Trump’s policies could easily bring on hyperinflation. Making the dollar worthless.
aug 27, 2025, 3:45 pm • 1 0 • view
#TACOTRUMPKIN wants to control EVERYTHING bc his EGO is so HUGE and his weenie is so teenie!!
aug 27, 2025, 4:31 pm • 2 0 • view
Great analogy.
aug 27, 2025, 5:31 pm • 0 0 • view
aug 27, 2025, 12:04 pm • 1 0 • view
It's like when he raped 12 year old's and thought he got away with it, and then the Epstein files appeared.
aug 27, 2025, 12:42 pm • 1 0 • view
But having lower rates of return for investment than every other first world country will bring money in! Somehow?
aug 27, 2025, 1:42 pm • 0 0 • view
"Credibility anchors expectations; expectations anchor inflation." Oh for God's Sake, why didn't Expectations anchor Bidenflation, hell it took massive Debt Finance Loads imposed on the Working Class to anchor Bidenflation. Blue MAGA Pseudo Economists are the funniest people. #VoodooEconomics
aug 27, 2025, 4:56 pm • 0 0 • view
It’s not the only way in which Trump is destroying the economy.
aug 27, 2025, 4:56 pm • 0 0 • view
Also: what happens to the bond market and value of the dollar if rates are lowered? Trump can only jack up the deficit if Japan, China and others finance it through bonds...
aug 27, 2025, 1:18 pm • 0 0 • view
said it before and apparently can't quit saying that clarity can be found @justinwolfers.bsky.social Appreciation
aug 27, 2025, 1:27 pm • 0 0 • view
Excellent analogy
aug 27, 2025, 5:30 pm • 0 0 • view
You've got the best analogies. You speak to us non economists.
aug 27, 2025, 9:12 pm • 0 0 • view
He owes someone money and the bill is coming due?
aug 27, 2025, 2:45 pm • 0 0 • view
It’s been feeling like they want to burn the house down for months now.
aug 27, 2025, 1:08 pm • 1 0 • view
That’s ok - when it all goes to sh*t, they’ll just blame Biden
aug 27, 2025, 12:40 pm • 0 0 • view
I can’t think of any recent examples of government fucking up our economy with interest rates though www.investopedia.com/articles/eco...
aug 27, 2025, 1:33 pm • 0 0 • view
Your analogies are priceless!
aug 27, 2025, 3:08 pm • 2 0 • view
He honestly believes a lower Fed Funds rate will lead to lower mortgage and bond rates. Explaining the yield curve and, as you say, expectations, to him would be a fools errand.
aug 27, 2025, 12:33 pm • 1 0 • view
He only sees his golden dome, nothing outside of that
aug 27, 2025, 3:12 pm • 0 0 • view
Barking up the wrong tree here mate. You've got the rate thing backwards.
aug 28, 2025, 11:38 am • 4 0 • view
Why doesn’t Trump just lend his many billions of dollars to others at negative interest rates? Problem solved!
aug 27, 2025, 8:21 pm • 0 0 • view
Yup...underneath all the lies and bluster and not very far underneath there is hatred just pure hatred and a desire to rip everything apart.
aug 27, 2025, 2:50 pm • 0 0 • view
Trump bankrupted three casinos. Several times in a row. Now you can see how he managed to do it.
aug 27, 2025, 5:32 pm • 0 0 • view
Trump is destroying the USD
aug 27, 2025, 2:47 pm • 0 0 • view
You are right of course, but the jar of expired mayonnaise sitting in the Oval Office can’t understand such complex ideas.
aug 27, 2025, 2:10 pm • 0 0 • view
Justin Wolfers brings economics to life, and that’s lucky because the economy of the USA is going to need a defibrillator.
aug 27, 2025, 2:19 pm • 1 0 • view
Love the smoke alarm analogy! LOL. (I can tell you’ve spent time lecturing to undergraduates.) Trump doesn’t want to run the Fed. He wants a punching bag to blame when his tariffs & other policies tank the economy. It’s a GOP strategy that goes all the way back to Nixon. Reagan used it with Volker.
aug 27, 2025, 2:58 pm • 0 0 • view
they'll just keep gaslighting everyone by insisting that the economy is flourishing, the best economy in the world!
aug 27, 2025, 1:00 pm • 0 1 • view
Donald is quite happy to burn everything to the ground as long as his bond portfolio makes gains in a lower rate environment. He could care less about what his nonsensical rate adjustments will do to US monetary stability and the USD franchise.
aug 27, 2025, 12:45 pm • 2 0 • view
Donald is the same man who thought murdering Jeffrey Epstein would make that problem go away. He is not a smart man.
aug 27, 2025, 8:23 pm • 0 0 • view
@schumer.senate.gov @hakeem-jeffries.bsky.social Fascism is here, wat's the plan? More waiting? More strongly worded letters? More money for corporations and genocide? More attacking your own base? More Trump appeasement? More Andrew Cuomo? More Gavin memes? #WhatsThePlan Chuck?
aug 27, 2025, 2:34 pm • 1 1 • view
He didn't like the numbers so he's going to fire the "doctor" and lie about the "disease" until it gets so out of control that the dollar will no longer be trusted....
aug 27, 2025, 2:05 pm • 0 0 • view
aug 27, 2025, 12:40 pm • 1 1 • view
aug 27, 2025, 12:40 pm • 2 0 • view
aug 27, 2025, 2:24 pm • 0 0 • view
or it is on purpose. It is called accelerationism. The path to their amoral objectivist utopia with a Randian Jesus on the side.
aug 27, 2025, 3:17 pm • 0 0 • view
It’s all intentional
aug 27, 2025, 2:50 pm • 0 0 • view
Politization of the Fed will ultimately have disastrous economic consequences for America and the global economy and will accelerate the global trend to end the US greenback as the global currency. When Turkey did this it resulted in massive inflation. Why would this be different?
aug 27, 2025, 4:01 pm • 1 0 • view
I’m sure there is no connection to the $100m in bonds trump bought
aug 27, 2025, 11:29 pm • 0 0 • view
The real reason he wants lower interest rates is for himself. The Trump Org. probably runs debt heavy and lower interest rates will allow the Trump Org to refinance its debt and save millions of dollars with lower interest expenses.
aug 27, 2025, 3:52 pm • 2 0 • view
Excellent analogy
aug 27, 2025, 1:02 pm • 0 0 • view
Excellent comparison!
aug 27, 2025, 2:03 pm • 0 0 • view
EPSTEIN !!!!!
aug 27, 2025, 1:39 pm • 0 0 • view
We are living the results of an evil, sick, twisted, narcissistic, racist that lied and fooled a third of American population and another third refused to vote. Now we live and learn cause he owns every branch of government for now.
aug 27, 2025, 3:35 pm • 3 1 • view
Trump is the prime example of a puny little butthurt jealous man of the only Black President and that ever won a Nobel Peace Prize. Being a racist avenged narcissist twerp that he is has set out to get revenge on all of USA for trying to impeach and imprison him for crimes. And illegally profiting.
aug 27, 2025, 3:33 pm • 1 1 • view
Trump is a product of conditioning (grooming) by his dad and Roy Cohn and the absence of his neglecting mom. He’s feral. His motivations: 1. Stay out of jail (terrifies him) 2. Money (his measuring stick) 3. Revenge/retribution (see Cohn) 4. Adulation (boot licking) Fears-Jail, mockery, irrelevance
aug 27, 2025, 6:29 pm • 1 0 • view
Everything was always given to him on a gold spoon, he never had to earn it.
aug 27, 2025, 6:38 pm • 1 0 • view
Exactly. That or he grifted/stole it. The only thing he’s ever earned is our disgust and distrust.
aug 28, 2025, 12:48 am • 1 0 • view
Remember the hyperinflation Germany suffered and you needed a wheelbarrow of currency for a loaf of bread? You got paid in the morning at work and spent it right away because it would be worth half by the end of your shift You should do some research because that's where the USA is headed
aug 27, 2025, 2:26 pm • 0 0 • view
Governments should not meddle w/ central banks b/c the government always demands central bank to make unsecured loans (Argentina / Turkey). Alternatively the central bank will expand its balance sheet to monetize govt debt => leading to deflationary liquidity trap (Japan). US more like Japan
aug 27, 2025, 5:34 pm • 0 0 • view
It makes sense then that US experiences inflation because the Fed has been unwinding its balance sheet - its hoard of Treasury bonds. It's hard to see what more the Fed can do other than more QE. Unsecured loans = who would borrow? AI? Crapto? Turkey? LOL! If Treasury borrows it's QE.
aug 27, 2025, 5:45 pm • 0 0 • view
When central banks in Turkey or Argentina make unsecured loans the outcome is hyperinflation. These countries depend on external credit and there is arbitrage b/w the local currencies and the overseas' creditor currencies. For Argentina it's USD for Turkey it's EUR.
aug 27, 2025, 5:51 pm • 0 0 • view
This sort of thing cannot occur in the US b/c we are the world's sole provider of dollars -- the US is itself a 'dollar desert', There is no other currency in circulation to arbitrage against. Any loan the Fed might make under this circumstance would be a form of quantitative easing (QE).
aug 27, 2025, 5:55 pm • 0 0 • view
Trump wants lower rates but the only way to get the Fed's help is via more QE. From here this looks like exercise in futility. Lower rates would effectively depreciate USD, imports + tariffs would become even more pricey => inventories would balloon => more defaults and credit failures.
aug 27, 2025, 6:01 pm • 0 0 • view
📌
aug 27, 2025, 2:22 pm • 0 0 • view
For this administration it is just about the optics & ratings for its followers. Experience and facts are irrelevant. Treasonous - the entire administration.
aug 27, 2025, 1:06 pm • 1 0 • view
www.youtube.com/watch?v=y4le...
aug 27, 2025, 3:32 pm • 1 0 • view
Trump is Incompetent
aug 27, 2025, 3:21 pm • 3 1 • view
I will never get over how the whole Republican Party is all in on crashing our economy.
aug 27, 2025, 1:05 pm • 5 1 • view
I just wonder why I only hear a half dozen democrats screaming about it.
aug 27, 2025, 1:22 pm • 0 0 • view
They really need to get it together and get a rapid response team like Newsom has. They should be screaming everyday about multiple things!
aug 27, 2025, 1:27 pm • 0 0 • view
They aren't getting it together because they're in on it. They're insider trading to get rich and be part of the ruling class. Green matters more than red or blue.
aug 27, 2025, 1:32 pm • 2 0 • view
The old school Dems sure are trying hard to stifle the young progressives in the party. This is why the DNC got so upset when David Hogg said that they should be primaried.
aug 27, 2025, 1:51 pm • 0 0 • view
They got upset because DNC chairs are SUPPOSED to stay neutral on such things.
aug 27, 2025, 5:47 pm • 1 0 • view
That’s unfortunate
aug 27, 2025, 7:30 pm • 0 0 • view
I disagree. If we want young progressives to have a fair shot at getting elected, the DNC SHOULD remain impartial (as long as the candidate isn’t WAY out of line with the party platform). So the DNC SHOULD remain reasonably impartial, to both incumbents and younger challengers.
aug 27, 2025, 8:11 pm • 0 0 • view
You mean like, not let Debbie Wasserman Schultz annoint Clinton instead of letting Bernie have a real shot?
aug 27, 2025, 8:49 pm • 1 0 • view
Mostly like that. But I’ll point out that I’ve found it rather disingenuous for Sanders to spend his political career as an independent, and then complain that the party he’s refused to join doesn’t give him equal treatment.
aug 27, 2025, 9:33 pm • 0 0 • view
It's not about politics, it's about money.
aug 27, 2025, 1:53 pm • 0 0 • view
Getting money out of politics is policy
aug 27, 2025, 1:58 pm • 0 0 • view
But unrealistic. Why would the people who make rules do that? Sure, maybe 50 years ago when some had a few scruples. When was the last time you heard "honest politician" and not wanted to laugh, cry, or vomit?
aug 27, 2025, 2:02 pm • 1 0 • view
Nowadays, the jokes about nonhonest lawyers rings true too.
aug 27, 2025, 2:30 pm • 0 0 • view
Those always did.
aug 27, 2025, 2:50 pm • 0 0 • view
🎯
aug 27, 2025, 3:12 pm • 0 0 • view
This is the same genius who wanted to end Covid by stopping reporting on infection rates & deaths.
aug 28, 2025, 3:32 am • 0 0 • view
Best analogies, ever. I almost understand economics with a Justin explanation.
aug 28, 2025, 12:16 am • 1 0 • view
📍
aug 27, 2025, 3:23 pm • 0 0 • view
He has 100 mill in bonds. He wants a rate cut to profit.
aug 27, 2025, 4:07 pm • 0 0 • view
Brilliant metaphor!
aug 27, 2025, 12:44 pm • 1 0 • view
The only history President Trumpleskin knows is who said bad things about him.
aug 27, 2025, 4:28 pm • 0 0 • view
Very good analogy.
aug 28, 2025, 1:24 pm • 0 0 • view
Hold my beer, said Trump.
aug 27, 2025, 12:56 pm • 1 0 • view
He personally bought US treasury bonds which will gain in value if interest rates go down. He's not annoyed by the beeping smoke detector, he's gonna profit from a destructive fire. And he doesn't care about other's damage.
aug 27, 2025, 2:36 pm • 2 0 • view
Trump just wants to rape young girls and rob the country of every cent he can put his unclean-doesn’t-wash-his-tiny-and-gross-hands-after-using-the-bathroom on.
aug 27, 2025, 2:38 pm • 0 0 • view
The Fed, adjusting how badly debt harms us just to keep the house of cards from suddenly combusting since 1913
aug 27, 2025, 2:16 pm • 0 0 • view
The orange idiot thinks he knows more about economics than economists that have dedicated their lives to studying economics.
aug 27, 2025, 1:15 pm • 0 0 • view
Disaster is Coming! 🔥🌊
aug 27, 2025, 2:36 pm • 0 0 • view