Facebook Posts on economics-2024

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A translator to translate Trumpism into Wall Street 2024-11-22 3 - economics
Regulators giving up on day 2024-11-22 4 - economics
Deregulation! It will make some people richer - but 2024-11-20 1 - economics
There's bound to be a place for her in the Trump crypto 2024-11-18 2 - 1 economics
Trumpism - bad news for poor people who wear clothe 2024-11-15 2 - economics
Retribution continues in the backgroun 2024-11-12 5 - economics
Trump vs the worl 2024-11-12 2 - 1 economics
Just what America needs - a strategic stockpile of thin ai 2024-11-10 2 - economics
Global energy prices are complicated, and higher production 2024-11-08 4 - economics
A warehouse is not an industrial plant. Warehouse 2024-10-27 4 - economics
The upper crust isn't suffering much from inflatio 2024-10-25 3 - economics
If Musk can't buy the election, maybe crypto ca 2024-10-18 5 - 1 economics
Speaking of deficit spending and devaluatio 2024-10-17 3 - economics
How devaluation-inflation reduces deficit 2024-10-17 4 - economics
Mendacious or ignorant? Tariffs have been tried before, 2024-10-16 5 - economics
Par for the Trump cour 2024-10-16 6 - 1 economics
How did Trump's shakedown efforts 2024-07-25 5 - economics
Prices on staples (and gasoline) are droppin 2024-07-16 3 - economics
Don't like inflation? Most of the world would LOVE 2024-07-16 4 - economics
Can India supersede Chi 2024-06-26 6 - economics
if I have seen further, it is by standing on the shoulders 2024-06-26 4 - 1 economics
How Trump's plans to lower prices would raise th 2024-06-13 2 - economics
They were against labor the 2024-04-16 8 - 1 1 economics
Devaluing the dollar - as good an idea as unilateral 2024-04-16 5 - economics
Inflation is real, but not bad compared to the stagflation 2024-04-15 12 - economics

Columns of Post Tables

The table above has these entries. Post entries with just one line for Reach were not boosted. Boosted posts have two lines for Reach and several other items. The upper line reflects all interactions, the bottom line just those resulting from paid ads.

UPDATED Mon Dec 2 01:04:19 PM PST 2024

==========


A translator to translate Trumpism into Wall Street
opportuni

 https://www.washingtonpost.com/business/2024/11/22/scott-bessent-treasury-secretary-trump-cabinet-pick/

That will be quite a feat.     But he made a fortune by
shorting the currency.    No telling what he can accomplish
with crypto.

If he were going to be the adult in the room to explain
addition and subtraction to Trump, that would be good.
But Trump is done with adult supervision, in favor of
voodoo math and voodoo economics.

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-11-22
reactrate 0
sharesrate 0
title A translator to translate Trumpism into Wall Street
topic economics
wordrate 2
words 70
epoch Lifetime
ID 970538458454096
impress 4
pageid 100064938510484
pagename "Political scrapbook"
posted "11/22/2024 16:21"
reach 3
title A translator to translate Trumpism into Wall Street opportuni
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/970538458454096

==========


Regulators giving up on day

 https://apnews.com/article/sec-gensler-trump-bitcoin-12ed7655830172800a4741a6cb39f372

So a few people are about to get very rich -

 https://www.msn.com/en-us/money/markets/bitcoin-is-at-the-doorstep-of-100000-as-post-election-rally-rolls-on/ar-AA1uvhWh

But you?   Your odds are better in the state lottery.

At least it's not rigged like the Musk lottery.

 https://www.theverge.com/2024/11/4/24287952/elon-musk-philadelphia-america-pac-hearing-random

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-11-22
reactrate 0
sharesrate 0
title Regulators giving up on day
topic economics
wordrate 1
words 36
epoch Lifetime
ID 970459338462008
impress 6
pageid 100064938510484
pagename "Political scrapbook"
posted "11/22/2024 13:36"
reach 4
title Regulators giving up on day
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/970459338462008

==========


Deregulation!     It will make some people richer - but
not y

 https://www.washingtonpost.com/opinions/2024/11/20/bitcoin-crypto-trump-lutnick/

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-11-20
reactrate 0
sharesrate 0
title Deregulation! It will make some people richer - but
topic economics
wordrate 0
words 12
epoch Lifetime
ID 969221361919139
impress 1
pageid 100064938510484
pagename "Political scrapbook"
posted "11/20/2024 20:43"
reach 1
title Deregulation! It will make some people richer - but not y
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/969221361919139

==========


There's bound to be a place for her in the Trump crypto
busine

 https://www.washingtonpost.com/business/2024/11/18/razzlekhan-bitcoin-morgan-lichtenstein/

#PS1economics


=====

impact 1
impactrate 0
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posted 2024-11-18
ratio 2
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sumclicks 1
title There's bound to be a place for her in the Trump crypto
topic economics
wordrate 0
words 14
audclicks 1
epoch Lifetime
ID 967557712085504
impress 2
matchedlinkclicks 1
pageid 100064938510484
pagename "Political scrapbook"
posted "11/18/2024 13:41"
reach 2
title There's bound to be a place for her in the Trump crypto busine
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/967557712085504

==========


Trumpism - bad news for poor people who wear clothe

 https://www.nytimes.com/2024/11/13/style/fashion-tariffs.html

Unless they are made by maga-megadonors.

Good new for them and other people with criminal
enterprises and ambitions -

 https://www.nytimes.com/2024/11/13/technology/trump-crypto-bitcoin.html

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-11-15
reactrate 0
sharesrate 0
title Trumpism - bad news for poor people who wear clothe
topic economics
wordrate 0
words 30
epoch Lifetime
ID 965297638978178
impress 2
pageid 100064938510484
pagename "Political scrapbook"
posted "11/15/2024 08:49"
reach 2
title Trumpism - bad news for poor people who wear clothe
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/965297638978178

==========


Retribution continues in the backgroun

 https://www.aol.com/finance/ftx-sues-binance-former-ceo-203938211.html

But in the foreground, they're partying like it's 1928!

 https://www.msn.com/en-us/money/markets/tesla-hits-1-trillion-market-cap-amid-stock-rally-after-trump-win/ar-AA1tN4Tq

But bull markets don't last forever, and the faster they
run up, the faster they fall down.

 https://www.msn.com/en-us/money/markets/bitcoin-has-topped-87000-for-a-new-record-high-what-to-know-about-cryptos-post-election-rally/ar-AA1tTXcT

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-11-12
reactrate 0
sharesrate 0
title Retribution continues in the backgroun
topic economics
wordrate 0
words 32
epoch Lifetime
ID 963388822502393
impress 5
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posted "11/12/2024 19:07"
reach 5
title Retribution continues in the backgroun
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/963388822502393

==========


Trump vs the worl

 https://www.washingtonpost.com/opinions/2024/11/12/trump-globalization-backlash-countries-pain/

He blames everybody else for economic inequality in the US.
Everybody except the actual cause, our own megadonor class.

#PS1economics


=====

impact 2
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posted 2024-11-12
ratio 2
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title Trump vs the worl
topic economics
wordrate 1
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posted "11/12/2024 07:14"
reach 2
title Trump vs the worl
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/963041905870418

==========


Just what America needs - a strategic stockpile of thin ai

 https://www.cnn.com/2024/11/10/investing/bitcoin-record-trump/index.html

How would speculators, scammers, and terrorists be able
to do their important work without the assurance of a
strategic stockpile?

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-11-10
reactrate 0
sharesrate 0
title Just what America needs - a strategic stockpile of thin ai
topic economics
wordrate 1
words 32
epoch Lifetime
ID 961578702683405
impress 2
pageid 100064938510484
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posted "11/10/2024 11:20"
reach 2
title Just what America needs - a strategic stockpile of thin ai
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/961578702683405

==========


Global energy prices are complicated, and higher production
for lower prices is not necessarily what the American oil
industry wants.     Since they paid their protection money,
most likely over time the true meaning of drill baby drill
will emerge to be do whatever you want, wherever you want,
whenever you want.    De-regulation!      That does not
necessarily translate to lower energy prices at ho

 https://www.nytimes.com/2024/11/07/business/energy-environment/trump-oil-gas.html

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-11-08
reactrate 0
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title Global energy prices are complicated, and higher production
topic economics
wordrate 1
words 64
epoch Lifetime
ID 960178179490124
impress 5
pageid 100064938510484
pagename "Political scrapbook"
posted "11/08/2024 13:32"
reach 4
title Global energy prices are complicated, and higher production for lower prices is
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/960178179490124

==========


A warehouse is not an industrial plant.     Warehouse
workers will never have the political clout of industrial
workers.      They are not on the road to the middle cla

 https://www.nytimes.com/2024/10/19/opinion/pennsylvania-voters.html

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-10-27
reactrate 0
sharesrate 0
title A warehouse is not an industrial plant. Warehouse
topic economics
wordrate 0
words 29
epoch Lifetime
ID 951249863716289
impress 4
pageid 100064938510484
pagename "Political scrapbook"
posted "10/27/2024 18:37"
reach 4
title A warehouse is not an industrial plant. Warehouse workers will never have
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/951249863716289

==========


The upper crust isn't suffering much from inflatio

 https://apnews.com/article/economy-consumers-inflation-retail-spending-growth-wealth-be68f97bba5970ed4ce4fc8b8c7333af

So they wouldn't much mind across-the-board tariffs -
it's just another regressive tax on the poor, much like
a national sales tax.

 https://www.cnn.com/2024/10/17/politics/janet-yellen-donald-trump-tariffs/index.html

And the upper crust's dark money pays for our candidates
and elections, so is it any surprise that their candidates
act to make the rich richer, even if that makes the
poor poorer?

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-10-25
reactrate 0
sharesrate 0
title The upper crust isn't suffering much from inflatio
topic economics
wordrate 1
words 64
epoch Lifetime
ID 949935593847716
impress 4
pageid 100064938510484
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posted "10/25/2024 23:06"
reach 3
title The upper crust isn't suffering much from inflatio
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/949935593847716

==========


If Musk can't buy the election, maybe crypto ca

 https://www.washingtonpost.com/business/interactive/2024/crypto-firms-candidates-house-senate-election-2024/

As befits crypto, its ads seldom identify the funders
or motivation.

#PS1economics


=====

impact 2
impactrate 0
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posted 2024-10-18
ratio 5
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sumclicks 1
title If Musk can't buy the election, maybe crypto ca
topic economics
wordrate 0
words 21
audclicks 1
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ID 944552161052726
impress 5
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posted "10/18/2024 17:35"
reach 5
title If Musk can't buy the election, maybe crypto ca
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/944552161052726

==========


Speaking of deficit spending and devaluatio

 https://apnews.com/article/budget-deficit-trump-harris-kamala-debt-1ee3ff65e22ccf19d19b792ee22c46da

Presidents can get away sometimes with spending money
without congressional authorization, but they don't have
a lot of latitude on getting revenue - which is why Trump
wants to abuse his limited authority to set tariffs on his
own - regardless of increasing inflation and unemployment.

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-10-17
reactrate 0
sharesrate 0
title Speaking of deficit spending and devaluatio
topic economics
wordrate 1
words 53
epoch Lifetime
ID 943685034472772
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pageid 100064938510484
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posted "10/17/2024 15:16"
reach 3
title Speaking of deficit spending and devaluatio
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/943685034472772

==========


How devaluation-inflation reduces deficit

 https://www.eastbaytimes.com/2024/10/08/opinion-will-federal-inquiry-into-airline-loyalty-programs-really-change-them/

It works the same way for governments and airlines!
Make a dollar or an airline mile worth less, and your
unfunded liability goes down!

Perhaps this is how Trump intends to handle the deficits
he proposes - following in the footsteps of other
dictatorships.

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-10-17
reactrate 0
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title How devaluation-inflation reduces deficit
topic economics
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words 49
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posted "10/17/2024 14:27"
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title How devaluation-inflation reduces deficit
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URL https://www.facebook.com/politicalscrapbooknet/posts/943663164474959

==========


Mendacious or ignorant?    Tariffs have been tried before,
and led to a world trade war that everybody los

 https://en.wikipedia.org/wiki/Smoot%E2%80%93Hawley_Tariff_Act

Exporting unemployment doesn't work.     Other countries
can impose tariffs too!

 https://apnews.com/article/trump-tariffs-economics-plan-6a4b07be04e342bf657ad12ef7b6bbfa

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-10-16
reactrate 0
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title Mendacious or ignorant? Tariffs have been tried before,
topic economics
wordrate 0
words 29
epoch Lifetime
ID 942978301210112
impress 5
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posted "10/16/2024 21:37"
reach 5
title Mendacious or ignorant? Tariffs have been tried before, and led to a world
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/942978301210112

==========


Par for the Trump cour

 https://finance.yahoo.com/news/trumps-wlfi-website-crashes-token-131805442.html

Only accredited investors at first, meaning people
qualified to be megadonors.     Did they get a good return
on their accredited investment?

#PS1economics


=====

impact 3
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posted 2024-10-16
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title Par for the Trump cour
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posted "10/16/2024 21:28"
reach 6
title Par for the Trump cour
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URL https://www.facebook.com/politicalscrapbooknet/posts/942973377877271

==========


How did Trump's shakedown efforts

 https://www.politico.com/news/2024/05/09/trump-asks-oil-executives-campaign-finance-00157131

The oil industry doesn't need or want Trump's help in
pushing down oil prices -

 https://www.msn.com/en-us/money/markets/a-trump-presidency-to-pose-mostly-bearish-risks-for-oil-citi-says/ar-BB1qDcDt

Big oil has been doing fine without Trump's help -

 https://stephenheins.substack.com/p/why-is-the-oil-industry-booming-high

In the Permian Basin, that stink is the smell of money!

#PS1economics


=====

impact 0
impactrate 0
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posted 2024-07-25
reactrate 0
sharesrate 0
title How did Trump's shakedown efforts
topic economics
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posted "07/25/2024 12:42"
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URL https://www.facebook.com/politicalscrapbooknet/posts/883051090536167

==========


Prices on staples (and gasoline) are droppin

 https://www.startribune.com/retailers-cut-prices-in-summer-of-savings-but-consumers-need-to-shop-smart-for-best-deals/600380024/

But consumers haven't noticed -

 https://www.msn.com/en-us/money/markets/us-consumer-sentiment-falls-to-eight-month-low-on-high-prices/ar-BB1pS6Sw

Who are you going to believe, your own eyes or the media
propaganda machines?

 https://dnyuz.com/2024/07/09/the-matrix-of-consumer-discontent/

#PS1economics


=====

impact 0
impactrate 0
negative 0
posted 2024-07-16
reactrate 0
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title Prices on staples (and gasoline) are droppin
topic economics
wordrate 0
words 27
epoch Lifetime
ID 877566761084600
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posted "07/16/2024 13:56"
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title Prices on staples (and gasoline) are droppin
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/877566761084600

==========


Don't like inflation?   Most of the world would LOVE
to have our low inflation, low unemployment, and stable
currenc

 https://dnyuz.com/2024/07/05/political-unrest-worldwide-is-fueled-by-high-prices-and-huge-debts/

But the domestic and foreign Putinist-Trumpist-Dixiecrat
propaganda media are doing their best to insure that
most Americans believe they are suffering terribly from
inflation when they enter the polling booth - and that
the solution is lower taxes for the rich, lower benefits
for the poor, deportation of the immigrants that grow
your food, and tariffs on imports.     Makes sense to
the megadonors!

#PS1economics


=====

impact 0
impactrate 0
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posted 2024-07-16
reactrate 0
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title Don't like inflation? Most of the world would LOVE
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==========


Can India supersede Chi

 https://www.nytimes.com/2024/05/31/business/india-foreign-investors.html

India has a much younger population which should be
an advantage.       But success will lead to an aging
population, just as in China and the West.

#PS1economics


=====

impact 0
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posted 2024-06-26
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title Can India supersede Chi
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title Can India supersede Chi
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==========


if I have seen further, it is by standing on the shoulders
of gia

That kind of humility isn't much expressed by billionaires,
who like to think of themselves as self-made men.  But the
race is not to the swift or the battle to the strong,
but time and chance happen to them all.

 https://www.thestandard.com.hk/section-news/fc/2/263642/How-Napster-gave-birth-to-a-monster

#PS1economics


=====

impact 6
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posted 2024-06-26
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title if I have seen further, it is by standing on the shoulders
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==========


How Trump's plans to lower prices would raise th

 https://www.wral.com/story/charlie-savage-maggie-haberman-jonathan-swan-trump-vows-to-lower-prices-his-policies-may-raise-them/21473626/

Every country in the world encountered supply issues and
resulting inflation from covid, and the recovery of most
is well behind the US.      World oil prices in particular
are set by MBS who has the power to increase or decrease
Saudi production.

And the only way to meaningfully reduce Federal spending
is to cut entitlements like Social Security, which Trump
says he won't do.    But we know from the 2017 tax cut
that he doesn't like to get involved in the boring hard
work of producing a bipartisan consensus, so he'll sign
whatever a GOP Congress sends over.

And GOP is not going to stop illegal immigration.
Their candidates need the campaign issue, and their
megadonors need the cheap exploitable labor.

But Trumpism is not based on objective facts, it's based
on subjective feelings.

#PS1economics


=====

impact 0
impactrate 0
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posted 2024-06-13
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title How Trump's plans to lower prices would raise th
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title How Trump's plans to lower prices would raise th
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==========


They were against labor the

 https://www.facingsouth.org/2021/03/pro-act-would-undo-decades-southern-anti-union-laws-rooted-racism

and they're against labor now -

 https://www.washingtonpost.com/business/2024/04/16/republican-governors-uaw/

Interesting how only Putinist-Trumpist-Dixiecrat GOP
governors are interested in protecting black folks' rights
to be exploited.

#PS1economics


=====

comments 1
impact 6
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posted 2024-04-16
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title They were against labor the
topic economics
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==========


Devaluing the dollar - as good an idea as unilateral
nuclear disarmame

 https://www.washingtonpost.com/opinions/2024/04/16/trump-devalue-dollar-inflation-economy/

#PS1economics


=====

impact 0
impactrate 0
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posted 2024-04-16
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title Devaluing the dollar - as good an idea as unilateral
topic economics
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==========


Inflation is real, but not bad compared to the stagflation
of the 1970's. Average salaries are keeping pace with
average inflation in California, but not everybody is avera

The alleged recession is fake news in the US, though real
enough in many other countries.

But swing voters that don't follow politics closely usually
just vote their pocketbook feelings, whether based on fact
or fantasy.    They've mostly forgotten the slow recovery
from the 2008-2009 recession.

No matter who wins the election, they'll take credit if
inflation happens to go down, and blame the other party
if it happens to go up. Same for unemployment, though the
chances of the unemployment rate getting any lower are
slim, since it's the lowest in generations.

 https://www.columbian.com/news/2024/apr/13/why-biden-is-getting-little-credit-for-the-economy-especially-in-california/

#PS1economics


=====

impact 0
impactrate 0
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posted 2024-04-15
reactrate 0
sharesrate 0
title Inflation is real, but not bad compared to the stagflation
topic economics
wordrate 0
words 122
epoch Lifetime
ID 819203493587594
impress 12
pageid 100064938510484
pagename "Political scrapbook"
posted "04/15/2024 18:06"
reach 12
title Inflation is real, but not bad compared to the stagflation of the 1970's.
type Links
URL https://www.facebook.com/politicalscrapbooknet/posts/819203493587594