You mean he has his own private supply of poop that is involuntarily tapped into at any random moment?

Oh, in the end, when the hoovervill goes marching- they do..

It absolutely does because balance of payments = exchange rate, and average Joe is poor and consumes disproportional part of imported goods vs the rich.

Maybe Trump is secretly for "the green agenda" and this was all part of the plan to stop oil.

He had that big falling out with Elon so that he can't be accused of pandering to him when electric car sales go through the roof.

I have also heard that this is really "big oil's" plan, they always manage to cause a huge price spike just when green energy is about to take over the market, somehow this stops the green revolution and forces everyone to go back to using fossil fuels.

well thats one way to get out of having to pay back your loans :-|

yet many "third world" countries managed to pay their debts just fine. some even more than once in recent history.

American exceptionalism even in failure?

From the adminstration

Fed independance is about tempering that policy so UST still has buyers.

The way this administration works is that anyone in a decision making position has been swapped for a self-serving yes-man who will do whatever Trump wants. Anyone they can't replace who won't deliver is briefed against or investigated until they quit or can be fired. Facts that might influence the decision play no part in the process.

The easy acceptance of this authoritarian governing style has been one of the most damaging to the idea of democracy. America's democratic institutions have great marketing but many of us outside the country and not subjected daily to that marketing have long known it is an particularly weak form of democracy and open to corruption, demagoguery and populism. Americans have a susceptibility to authority and hierarchical normalisation, has left them open to this.

The purpose of a system is what it does.

The only reason we have to choose between inflation and expensive loans is corporate profits can't ever go down. It's perfectly possible to freeze margins and ban increasing prices unless a business proves their costs went up, but to enforce that you would need to a) have a competent administration and b) not be scared to piss off your billionaire donors.

Allowing stock buybacks and not taxing dividends heavily is a choice. Not breaking up monopolies is a choice. Inflation comes down to high oil prices and corporate greed powered by weak competition. Starting wars is Trump's fault. Subsidizing big oil instead of setting price controls is also his choice, as is doing everything he can to slow down EV adoption that would reduce demand.

There appears to be more and more people throwing back against Trump; after the courts recently again said no to his need to plaster his name on the Kennedy Centre, he went a wailin' to his supposedly in pocket Kennedy Centre board:

  But even that is not providing him comfort these days. Representative Joyce Beatty (D-OH), an ex-officio member of the Kennedy Center board and the member who sued over his takeover of the center, explained to Symone Sanders-Townsend of MS NOW that Trump called into the board meeting after the court decision and “went into a tantrum.”

  While most people appear to have refused to confront Trump to his face—Maine governor Janet Mills’s “We’ll see you in court” was so rare it made headlines—Beatty took him on. She recounted: “It was the most unprofessional thing that I’ve ever witnessed or been a part of it.” But after he called her “an obstructionist” and “dumb” and said he thought she was “incompetent,” she retorted: “I know you’re incompetent.” Beatty appealed to the chair to stop Trump’s unprofessional behavior, but when he continued to berate her, claiming it would be her fault if someone were killed at the center, she responded: “You’re already killing people, we’re at war.” And when he talked about what a great developer he was, she “reminded him that he had more bankruptcies than anybody in the room.”

  “I mean, it really went there,” Beatty told Sanders-Townsend. “I was not going to let him bully me, intimidate me. And the facts stand for themselves.”

  Indeed, these days, facts across the board are challenging Trump’s image of himself.

~ Letters from an American (September 16, 2026) https://heathercoxrichardson.substack.com/p/september-16-202...

At this point, people don't even care about his rants.

Move on. When someone tells you who they are, multiple times, listen. Don’t act like you’re in an abusive relationship.

Dupe: https://news.ycombinator.com/item?id=49731356

And the dot plots suggest no rate decreases until 2028.

Meanwhile Bessent is buying long dated bonds and selling short dated, betting the yields will go down.

Dear US, try not to take the rest of the world with you when. You implode.