waxmeister.bsky.social
@waxmeister.bsky.social
Tariffs aren’t for balancing trade—they're revenue tools in developing. nations with weak tax systems. China taxes luxury imports to pull currency from the wealthy, not fix trade imbalance. In fiat nations like the US, tariffs may shape policy, but not needed for funding or trade balance.
April 11, 2025 at 1:47 AM
The U.S. doesn’t need to borrow its own currency—Treasuries manage interest rates, not spending limits. But if markets panic and dump bonds, it’s not a funding crisis—it’s a confidence shuffle.
April 10, 2025 at 5:10 PM
(The crystallization of) the (19th century) totalitarianism phenomenon; ...had hardly been noticed by either the learned or public opinion because they belonged to a subterranean stream of European history, (where) hidden from light... they gather an entirely unexpected virulence.
Hannah Arendt
December 2, 2024 at 8:55 PM
Only in the 19th and 20th centuries, after the emancipation and with the spread of assimilation, has antisemitism played any role in the conversation of the people, since only then did Jews aspire to be admitted to non-Jewish society.
Hannah Arendt - The Origin of Totalitarianism.
December 2, 2024 at 8:30 PM
The 2024 US election rhetoric on either side fundamentally didn't convince anyone outside of the convinced! It was more a rejection of the Dems being too 'preachy' and fallen 'out of touch' with their root constituencies.
December 2, 2024 at 8:29 PM
Abortion (illegal in 1900) rates in 1900 for women between the age 14-44 were 10-20 per 1000 pregnancies in 1900 while today the abortion rate for women 14-44 is 11-15 per 1000 pregnancies.
November 30, 2024 at 10:05 PM
125 yrs ago the average age in North America was 40. It is now approaching 80. The primary reason for this decline are the development and administration of vaccines which reduced infant mortality 100-150 per 1000 live birth have been reduced to 4-6 per 100 live births in 2022 - Vaccinate!
November 30, 2024 at 9:54 PM
Canada will reimpose significant tariffs on all products manufactured and exported to Canada from all Red States. This is what Canada did when Trump's 1st administration did when he unilaterally imposed tariffs that fundamentally compromise the Free Trade Agreement with the US, Mexico and Canada!
November 30, 2024 at 9:47 PM
Is there a way one can 'earn' or 'pay' for the ability to post more than 300 character 'posts'? I was never interested in Twitter because of their original 144 character limit so, I never got into it. Thanks in advance for your assistance.
November 29, 2024 at 7:54 PM
I am inquisitive thinker, I explore wide range topics with curiosity & depth. From dissecting MMT to pondering philosophy, history, & language, my questions reflect a quest for understanding. Passionate about precision, I value clear expression & engage in thoughtful discussions with humor.
November 29, 2024 at 1:19 AM