Mia Wong
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Podcast Appearances
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We are back. Now, okay, one of the things that I've been seeing a lot of is there are a lot of arguments about whether there was some kind of plan here. Trump has claimed that he was going to roll back the tariffs all along. And no, he wasn't. No, he's just lying. He's just going by the seat of his pants. And I can prove... That there is no plan here.
We are back. Now, okay, one of the things that I've been seeing a lot of is there are a lot of arguments about whether there was some kind of plan here. Trump has claimed that he was going to roll back the tariffs all along. And no, he wasn't. No, he's just lying. He's just going by the seat of his pants. And I can prove... That there is no plan here.
We are back. Now, okay, one of the things that I've been seeing a lot of is there are a lot of arguments about whether there was some kind of plan here. Trump has claimed that he was going to roll back the tariffs all along. And no, he wasn't. No, he's just lying. He's just going by the seat of his pants. And I can prove... That there is no plan here.
By moving on to the second thing that I want to talk about here, which is a speech given by Council of Economic Advisors Chairman Steve Mirren at the Hudson Institute. So this is, again, the Council of Economic Advisors is a federal agency that is, like, their job is to provide economic advice to the president, right? Right.
By moving on to the second thing that I want to talk about here, which is a speech given by Council of Economic Advisors Chairman Steve Mirren at the Hudson Institute. So this is, again, the Council of Economic Advisors is a federal agency that is, like, their job is to provide economic advice to the president, right? Right.
By moving on to the second thing that I want to talk about here, which is a speech given by Council of Economic Advisors Chairman Steve Mirren at the Hudson Institute. So this is, again, the Council of Economic Advisors is a federal agency that is, like, their job is to provide economic advice to the president, right? Right.
And their chair gave a speech where he argues, and this is something that, like, I... Jesus fucking Christ, we were talking about, okay, the fact that every fucking country on Earth has U.S. Treasury bonds. We were talking about this earlier. Right, the status of the U.S. dollar as the global reserve currency.
And their chair gave a speech where he argues, and this is something that, like, I... Jesus fucking Christ, we were talking about, okay, the fact that every fucking country on Earth has U.S. Treasury bonds. We were talking about this earlier. Right, the status of the U.S. dollar as the global reserve currency.
And their chair gave a speech where he argues, and this is something that, like, I... Jesus fucking Christ, we were talking about, okay, the fact that every fucking country on Earth has U.S. Treasury bonds. We were talking about this earlier. Right, the status of the U.S. dollar as the global reserve currency.
This guy is arguing that that is actually a public good that other countries should pay us for. He wants to force countries to fucking pay taxes...
This guy is arguing that that is actually a public good that other countries should pay us for. He wants to force countries to fucking pay taxes...
This guy is arguing that that is actually a public good that other countries should pay us for. He wants to force countries to fucking pay taxes...
Every single other country on Earth is forced to buy American debt, which is what a bond is, right? Yeah. And this allows the U.S. to carry out even more spending without inflationary effects. Every single other country on Earth... Everything is based on this. Yes. Yes. It's all forced on other countries having to stockpile U.S. dollars. Literally, the entire global economy, the U.S.
Every single other country on Earth is forced to buy American debt, which is what a bond is, right? Yeah. And this allows the U.S. to carry out even more spending without inflationary effects. Every single other country on Earth... Everything is based on this. Yes. Yes. It's all forced on other countries having to stockpile U.S. dollars. Literally, the entire global economy, the U.S.
Every single other country on Earth is forced to buy American debt, which is what a bond is, right? Yeah. And this allows the U.S. to carry out even more spending without inflationary effects. Every single other country on Earth... Everything is based on this. Yes. Yes. It's all forced on other countries having to stockpile U.S. dollars. Literally, the entire global economy, the U.S.
's advantage in the entire global economy is that every single other fucking country on Earth needs U.S. dollars. Part of this is to buy oil, and part of this is, again, because the dollar is the fucking reserve currency. It's the currency that fucking trade is done in, and the assets that you hold...
's advantage in the entire global economy is that every single other fucking country on Earth needs U.S. dollars. Part of this is to buy oil, and part of this is, again, because the dollar is the fucking reserve currency. It's the currency that fucking trade is done in, and the assets that you hold...
's advantage in the entire global economy is that every single other fucking country on Earth needs U.S. dollars. Part of this is to buy oil, and part of this is, again, because the dollar is the fucking reserve currency. It's the currency that fucking trade is done in, and the assets that you hold...