yeah.

the tax cuts won't do much at all, but the end of quantitative easing is certainly going to kickstart a recession. the american form of capitalism requires quantitative easing, and will collapse without it. or, at least that's what empiricism teaches us.

i actually didn't expect that from trump, and hope the article is reaching a little. i expected him to throw money around all over the place, and print what he needed. tax cuts. boosts in military spending. how do you make up the difference? i guess i assumed that trump would walk down the same path as reagan: truly believe that government is spending too much on poor people and not enough on guns, then cut everything you possibly can besides the guns, then realize the government barely spends any money on poor people at all and is actually spending all it's money on guns and so instead just print even more money for the guns, without bothering to restore funding to poor people. that's how republicans do this, right?

and, we got the expected bill. i mean, maybe that's why i didn't bother to analyse it or even read it - it's exactly what i expected. we got the military increases. we got the tax cuts. we got the slashing of services. the next thing that a republican is supposed to do is print the money to offset the tax cuts...

again: maybe he still will. maybe this is reaching.

but, he did just replace the fed chair.

and, i did tell you he was going to dismantle the empire.

what happens after quantitative easing stops is going to look a lot like the end days of the soviet union for a lot of people, even if it doesn't lead to political reform - or at least not immediately.

https://www.theguardian.com/business/2018/jan/26/imf-chief-warns-trumps-tax-cuts-could-destabilise-global-economy

jagmeet singh must cut his beard.