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Tay Zonday pfp
Tay Zonday
@tayzonday
I have trouble believing Donald Trump’s crypto pandering: The most consequential bull markets for NFTs and crypto-banking, as well as the most consequential regulatory legitimizing— happened under Joe Biden How reliable have Trump’s promises been? Trump promised border security and tanked Biden’s border bill for political reasons Trump promised global security and ended Obama’s Iran deal to disable their nuclear aspirations— for political reasons Trump promised fiscal responsibility and exploded the deficit beyond any predecessor Trump promised COVID19 would disappear—and then led the richest nation on Earth to a COVID-19 death rate not 1,000%, not 2,000%, not 3,000%— but more than 4,000% that of the poorest countries on Earth and more than ten times higher than Japan and South Korea whose soil we actually died on to establish their prosperity. Trump’s promises are an outcome contraindication, not an indicator.
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š’‚­_š’‚­ pfp
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@m-j-r
for the sake of intellectual honesty, there's no fiscal policy to speak of that directly subsidized NFTs and crypto-banking. the climate was, and continues to be, entirely hostile to bootstrapping an orderly market. the bull markets were directly driven by monetary policy, instead (and Powell has been around, deciding this since before Biden's presidency). wrt border security, it's FUBAR either side. immigration services probably can't scale, and a wall is not a suitable structure. regardless of Trump, everyone's promising unrealized global security. also, Stuxnet/Operation Merlin occurred during Obama/Clinton presidencies. lots of room for improvement, but more importantly, transparency. wrt exploding fiscal deficit, this is unambiguously true. otoh, I don't see any disinflationary attempts w/o pork & cost-plus complications, and jubilees have been tried instead. wrt COVID-19, nobody would have managed it in retrospect. even the RNA vaccines, as extraordinarily rapid as they were, had side effects.
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