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maeve harris<a href="https://girlcock.club/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> Secretary Bessent says that trade negotiations with <a href="https://girlcock.club/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#China</a> will begin on Saturday. <a href="https://girlcock.club/tags/Tariff" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Tariff</a> hardliner Peter Navarro will not be part of the negotiating team. <a href="https://www.reuters.com/world/us-treasurys-bessent-says-china-negotiations-start-saturday-without-navarro-2025-05-07/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.reuters.com/world/us-treasurys-bessent-says-china-negotiations-start-saturday-without-navarro-2025-05-07/</a>

Nonilex<a href="https://masto.ai/tags/JDVance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JDVance</a> said the <a href="https://masto.ai/tags/trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trade</a> situation w/ <a href="https://masto.ai/tags/China" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#China</a> was not sustainable. He said “Liberation Day”was only 30 days ago, & “we are in the early innings” of negotiations.<a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ScottBessent</a>, speaking at a <a href="https://masto.ai/tags/House" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#House</a> hearing on Wednesday, declined to say which countries are close to reaching trade agreements w/the US & said that the deals would initally be agreements *in principle* that would be finalized in the coming months.<a href="https://masto.ai/tags/geopolitics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#geopolitics</a> <a href="https://masto.ai/tags/security" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#security</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a>

Alo Japan<a href="https://www.alojapan.com/1267708/metaplanet-3350-buys-another-555-btc-plans-to-issue-25m-of-bonds-to-buy-more/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.alojapan.com/1267708/metaplanet-3350-buys-another-555-btc-plans-to-issue-25m-of-bonds-to-buy-more/</a> Metaplanet (3350) Buys Another 555 BTC, Plans to Issue $25M of Bonds to Buy More <a href="https://channels.im/tags/bitcoin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#bitcoin</a> <a href="https://channels.im/tags/BondIssue" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#BondIssue</a> <a href="https://channels.im/tags/Japan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Japan</a> <a href="https://channels.im/tags/metaplanet" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#metaplanet</a> <a href="https://channels.im/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#news</a> <a href="https://channels.im/tags/Tokyo" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Tokyo</a> <a href="https://channels.im/tags/TokyoNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TokyoNews</a> <a href="https://channels.im/tags/treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#treasury</a> <a href="https://channels.im/tags/%E6%9D%B1%E4%BA%AC" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#東京</a> <a href="https://channels.im/tags/%E6%9D%B1%E4%BA%AC%E9%83%BD" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#東京都</a> Japanese investment firm Metaplanet (3350) said it will sell a second $25 million of bonds to EVO FUND to fund further purchases of bitcoin (BTC). The Tokyo-based company agreed to issue the debt only days after selling the same amount of bonds to the same buyer. The bonds, which wi…

Democracy Matters :verified:It’s hard to imagine anyone more uncomfortable than Scott Bessent. What’s it like to destroy yourself in public, Scott?<a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ScottBessent</a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USPol</a>

Nonilex“Who pays <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> Mr. Secretary?”During a congressional hearing on Tuesday, Rep. Mark Pocan (D-WI) was clearly unsatisfied w/the stumbling nonresponse from <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ScottBessent</a>.<a href="https://masto.ai/tags/Bessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bessent</a> stammered, eventually telling <a href="https://masto.ai/tags/Pocan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Pocan</a>, "It's a very complicated question."Hmmm. Is it really?<a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/inflation" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#inflation</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a>

Wokebloke for Democracy"Japan could use its $1 trillion-plus holdings of U.S. Treasuries as a card in trade talks with Washington, its finance minister said on Friday"<a href="https://www.reuters.com/markets/asia/japans-us-treasury-holdings-among-tools-trade-talks-finance-minister-kato-says-2025-05-01/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.reuters.com/markets/asia/japans-us-treasury-holdings-among-tools-trade-talks-finance-minister-kato-says-2025-05-01/</a> <a href="https://libretooth.gr/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://libretooth.gr/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USA</a> <a href="https://libretooth.gr/tags/Japan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Japan</a> <a href="https://libretooth.gr/tags/Tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Tariffs</a> <a href="https://libretooth.gr/tags/Trade" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trade</a>

Alo Japan<a href="https://www.alojapan.com/1263514/japans-kato-says-us-treasury-holdings-could-be-negotiation-card/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.alojapan.com/1263514/japans-kato-says-us-treasury-holdings-could-be-negotiation-card/</a> Japan’s Kato Says US Treasury Holdings Could Be Negotiation Card <a href="https://channels.im/tags/bloomberg" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#bloomberg</a> <a href="https://channels.im/tags/Japan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Japan</a> <a href="https://channels.im/tags/JapanNews" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JapanNews</a> <a href="https://channels.im/tags/JapanTopics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JapanTopics</a> <a href="https://channels.im/tags/KatsunobuKato" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KatsunobuKato</a> <a href="https://channels.im/tags/news" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#news</a> <a href="https://channels.im/tags/treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#treasury</a> <a href="https://channels.im/tags/TreasuryHoldings" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TreasuryHoldings</a> (Bloomberg) — Supply Lines is a daily newsletter that tracks global trade. Sign up here. Most Read from Bloomberg Japan’s Finance Minister Katsunobu Kato said the country’s US Treasury holdings could be a card in its trade talks with Washington, referring to the largest stockpile of US deb…

☮ ♥ ♬ 🧑‍💻Day 32 🗳️💨Things are coming in thick and fast today, so I’ll try to summarise the major themes. No Policies of the <a href="https://ioc.exchange/tags/Liberal" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Liberal</a>, <a href="https://ioc.exchange/tags/LNP" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#LNP</a> and <a href="https://ioc.exchange/tags/Coalition" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Coalition</a>. <a href="https://ioc.exchange/tags/AngusTaylor" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AngusTaylor</a> (Opposition Treasurer, Liberal) hands in his <a href="https://ioc.exchange/tags/Economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Economics</a> homework late, it’s got problems. A 🎃 derivative that is toxic ☢️“A Coalition government would drive the <a href="https://ioc.exchange/tags/budget" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#budget</a> deeper into <a href="https://ioc.exchange/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#deficit</a> over the coming two years, as the shadow finance minister, <a href="https://ioc.exchange/tags/JaneHume" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#JaneHume</a>, insisted her party’s plan to save $17.2bn by <a href="https://ioc.exchange/tags/slashing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#slashing</a> the number of <a href="https://ioc.exchange/tags/Canberra" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Canberra</a>-based <a href="https://ioc.exchange/tags/PublicServants" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PublicServants</a> by 41,000 through “natural attrition” was achievable.”If returned to power, the Coalition would gut a long list of environment and clean energy programs, including <a href="https://ioc.exchange/tags/scrapping" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#scrapping</a> the <a href="https://ioc.exchange/tags/NetZero" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#NetZero</a> <a href="https://ioc.exchange/tags/Economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Economy</a> <a href="https://ioc.exchange/tags/Agency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Agency</a>, reversing Labor’s <a href="https://ioc.exchange/tags/TaxBreaks" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TaxBreaks</a> for <a href="https://ioc.exchange/tags/ElectricVehicles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ElectricVehicles</a>, and redirecting money slated for the <a href="https://ioc.exchange/tags/HomeBatteries" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#HomeBatteries</a> program.<a href="https://ioc.exchange/tags/Reversing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Reversing</a> tax incentives for green hydrogen would save $1.5bn over four years, and not proceeding with Labor’s critical mineral production tax credits would save $1.2bn, the Coalition’s election policy costings show.”<a href="https://ioc.exchange/tags/AusPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#AusPol</a> / <a href="https://ioc.exchange/tags/treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#treasury</a> / <a href="https://ioc.exchange/tags/costings" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#costings</a> / <a href="https://ioc.exchange/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> / <a href="https://ioc.exchange/tags/future" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#future</a> <<a href="https://www.theguardian.com/australia-news/2025/may/01/coalition-costings-federal-election-promises-larger-deficit-cut-foreign-aid-environment-clean-energy" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.theguardian.com/australia-news/2025/may/01/coalition-costings-federal-election-promises-larger-deficit-cut-foreign-aid-environment-clean-energy</a>>

CopterDoctorIf <a href="https://mstdn.party/tags/TrumpTariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TrumpTariffs</a> are pumping huge amounts of 💰into the <a href="https://mstdn.party/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a>, then why did <a href="https://mstdn.party/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> tell <a href="https://mstdn.party/tags/Bezos" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Bezos</a> not to put the price of the tariff increase on the <a href="https://mstdn.party/tags/Amazon" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Amazon</a> receipts? Because he’s LYING to his <a href="https://mstdn.party/tags/MAGA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MAGA</a> supporters & they’re too stupid to realize it.

Democracy Matters :verified:And nobody’s better at destroying his own credibility than Scott Bessent. Treasury Secretary Scott Bessent defends the 'strategic uncertainty' of Trump's trade talks: 'Nobody's better at creating this leverage' <a href="https://www.businessinsider.com/scott-bessent-trump-tariffs-trade-strategic-uncertainty-2025-4" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.businessinsider.com/scott-bessent-trump-tariffs-trade-strategic-uncertainty-2025-4</a><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ScottBessent</a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://mstdn.social/tags/GOPLiar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GOPLiar</a> <a href="https://mstdn.social/tags/GOPWhore" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#GOPWhore</a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USPol</a>

Democracy Matters :verified:Bessent Does Not Back Up Trump’s Claim of Trade Talks With China’s Xi <a href="https://www.nytimes.com/2025/04/27/us/politics/bessent-trump-xi-tariffs.html?unlocked_article_code=1.C08.pkc4.enZoZJUreWWo&smid=url-share" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.nytimes.com/2025/04/27/us/politics/bessent-trump-xi-tariffs.html?unlocked_article_code=1.C08.pkc4.enZoZJUreWWo&smid=url-share</a><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ScottBessent</a> <a href="https://mstdn.social/tags/TrumpAdmin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TrumpAdmin</a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USPol</a>

Democracy Matters :verified:Yale classmates warn Trump Treasury Secretary Bessent he risks enabling descent ‘into fascism’ <a href="https://www.cnbc.com/2025/04/25/yale-treasury-scott-bessent-trump-fascism-us.html" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.cnbc.com/2025/04/25/yale-treasury-scott-bessent-trump-fascism-us.html</a><a href="https://mstdn.social/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ScottBessent</a> <a href="https://mstdn.social/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://mstdn.social/tags/Yale" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Yale</a> <a href="https://mstdn.social/tags/ResignScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ResignScottBessent</a> <a href="https://mstdn.social/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USPol</a>

Eric MaugendreNobody ever reimburses national debt. Sovereign states restructure it.<a href="https://mas.to/tags/bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#bonds</a> <a href="https://mas.to/tags/liquidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#liquidity</a> <a href="https://mas.to/tags/liquidities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#liquidities</a> <a href="https://mas.to/tags/securities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#securities</a> <a href="https://mas.to/tags/borrowing" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#borrowing</a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#debt</a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#deficit</a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#money</a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://mas.to/tags/PublicTreasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#PublicTreasury</a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#currency</a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MMT</a> <a href="https://mas.to/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#policy</a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#credit</a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economics</a> <a href="https://mas.to/tags/obligations" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#obligations</a> <a href="https://mas.to/tags/titles" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#titles</a> <a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#slogan</a> <a href="https://mas.to/tags/macroEconomics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#macroEconomics</a> <a href="https://mas.to/tags/rents" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#rents</a> <a href="https://mas.to/tags/funding" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#funding</a> <a href="https://mas.to/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#politics</a>

Eric Maugendre“The U.S. government is not like a household. It is the issuer of the currency. It doesn’t need to ‘get’ money from anyone else—not from taxpayers, not from China.”– Stephanie Kelton (economist, former US Senate Budget Committee Chief Economist)<a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#slogan</a> <a href="https://mas.to/tags/quotes" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#quotes</a> <a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#debt</a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#deficit</a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#money</a> <a href="https://mas.to/tags/Fed" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Fed</a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#currency</a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MMT</a> <a href="https://mas.to/tags/power" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#power</a> <a href="https://mas.to/tags/transactions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#transactions</a> <a href="https://mas.to/tags/policy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#policy</a> <a href="https://mas.to/tags/government" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#government</a> <a href="https://mas.to/tags/politics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#politics</a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#credit</a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economics</a> <a href="https://mas.to/tags/USPol" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USPol</a> <a href="https://mas.to/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USA</a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://mas.to/tags/Kelton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Kelton</a> <a href="https://mas.to/tags/StephanieKelton" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#StephanieKelton</a>

Eric MaugendreIs borrowing a burden on future generations? No, it's not: if the borrower is a nation-state, then no person (children or taxpayers) will be asked to repay.“Paying off the debt” is just the sovereign swapping Treasury securities (savings) for cash. No burden is passed on to persons.<a href="https://mas.to/tags/debt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#debt</a> <a href="https://mas.to/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://mas.to/tags/slogan" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#slogan</a> <a href="https://mas.to/tags/deficit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#deficit</a> <a href="https://mas.to/tags/money" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#money</a> <a href="https://mas.to/tags/liquidity" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#liquidity</a> <a href="https://mas.to/tags/liquidities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#liquidities</a> <a href="https://mas.to/tags/currency" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#currency</a> <a href="https://mas.to/tags/MMT" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#MMT</a> <a href="https://mas.to/tags/transactions" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#transactions</a> <a href="https://mas.to/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://mas.to/tags/credit" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#credit</a> <a href="https://mas.to/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economics</a> <a href="https://mas.to/tags/administration" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#administration</a> <a href="https://mas.to/tags/government" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#government</a> <a href="https://mas.to/tags/sovereignty" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#sovereignty</a>

Nonilex“It was like an aspiration for most the world. And we’re eroding that <a href="https://masto.ai/tags/brand" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#brand</a> right now,” <a href="https://masto.ai/tags/billionaire" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#billionaire</a> <a href="https://masto.ai/tags/KenGriffin" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#KenGriffin</a> said.Griffin, founder of one of the largest hedge funds in the world, said that traders are concerned about parking their investments in the <a href="https://masto.ai/tags/UnitedStates" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#UnitedStates</a> — particularly US <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> <a href="https://masto.ai/tags/bonds" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#bonds</a> — because <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a>’s <a href="https://masto.ai/tags/tariffs" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#tariffs</a> have destroyed faith that America will remain a TRUSTED & RATIONAL actor in global financial markets.<a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#US</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a> <a href="https://masto.ai/tags/recession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#recession</a> <a href="https://masto.ai/tags/trumpcession" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#trumpcession</a> <a href="https://masto.ai/tags/Citadel" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Citadel</a> <a href="https://masto.ai/tags/TradeWar" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TradeWar</a>

Jussi T EronenThis interview/writing is quite something. A deep dive into the financial workings of the USA, and also to the volatility caused by the current administration. Excellent (but long) reading. Not happy reading, but essential for understanding current situation...<a href="https://www.crisesnotes.com/liquidity-volatility-and-market-craziness-paul-krugman-interviews-nathan-tankus-again/" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.crisesnotes.com/liquidity-volatility-and-market-craziness-paul-krugman-interviews-nathan-tankus-again/</a><a href="https://mstdn.social/tags/USA" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#USA</a> <a href="https://mstdn.social/tags/Finance" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Finance</a> <a href="https://mstdn.social/tags/treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#treasury</a> <a href="https://mstdn.social/tags/economics" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economics</a>

NonilexThe NYT’s report added that the next acting <a href="https://masto.ai/tags/IRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#IRS</a> chief is expected to be the dpty secy of the <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a>, Michael Faulkender. If that proves true, he’ll be the 5th person to serve as the IRS’ leader in the last 3 months. <a href="https://masto.ai/tags/Chaos" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Chaos</a>In Jan, then-IRS Commissioner Danny Werfel, who was nominated by <a href="https://masto.ai/tags/Biden" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Biden</a>, resigned on Inauguration Day as <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> prepared to replace him. Werfel was followed by Doug O’Donnell, a longtime IRS ofcl, who stepped down 1 month later.<a href="https://masto.ai/tags/US" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#US</a> <a href="https://masto.ai/tags/idiocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#idiocracy</a> <a href="https://masto.ai/tags/kakistocracy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#kakistocracy</a> <a href="https://masto.ai/tags/economy" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#economy</a>

NonilexBut to fully appreciate just how <a href="https://masto.ai/tags/ridiculous" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ridiculous</a> conditions have become at the <a href="https://masto.ai/tags/IRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#IRS</a>, consider the revolving door in the commissioner’s office. NYT reported:The acting commissioner of the IRS is being replaced after <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> Secy <a href="https://masto.ai/tags/ScottBessent" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ScottBessent</a> complained to <a href="https://masto.ai/tags/Trump" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Trump</a> that the latest leader of the agency had been installed without his knowledge & at the behest of billionaire <a href="https://masto.ai/tags/ElonMusk" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#ElonMusk</a>.<a href="https://www.nytimes.com/2025/04/18/us/politics/irs-scott-bessent-elon-musk.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=4C23BC3F-F585-4DFF-A35D-742FEBC997A0" rel="nofollow noopener noreferrer" translate="no" target="_blank">https://www.nytimes.com/2025/04/18/us/politics/irs-scott-bessent-elon-musk.html?smid=nytcore-ios-share&referringSource=articleShare&sgrp=p&pvid=4C23BC3F-F585-4DFF-A35D-742FEBC997A0</a>

NonilexThe <a href="https://masto.ai/tags/authority" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#authority</a> to investigate & change <a href="https://masto.ai/tags/TaxExempt" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#TaxExempt</a> statuses rests solely w/ <a href="https://masto.ai/tags/IRS" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#IRS</a>, & the president is BARRED from directly or indirectly requesting that the agency exercise that <a href="https://masto.ai/tags/power" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#power</a> against taxpayers [including <a href="https://masto.ai/tags/universities" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#universities</a>]. Andrew De Mello, the IRS’s acting chief counsel, received the request Wed from ofcls in the <a href="https://masto.ai/tags/Treasury" class="mention hashtag" rel="nofollow noopener noreferrer" target="_blank">#Treasury</a> Dept… The Trump admin has displaced numerous IRS leaders to empower political allies… Trump on Tues [YESTERDAY] appointed Gary Shapley the agency’s acting commissioner….

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