In fact, the United States has been following a very clear path all along.
Inflation + high economic growth + stable employment + rising incomes, diluting the debt.
I wrote about this specifically before.
It’s just that at the time, Trump didn’t openly admit it. Now that things are basically done, Trump has started openly acknowledging this logic instead.
In plain terms: it’s about finding ways to keep increasing the nominal size of the U.S. economy, using future growth to absorb today’s debt.
If you look at many of Trump’s moves over the past two years within this framework, they’re actually quite easy to understand.
I have to say, it’s a little bit “unorthodox.”
No matter what, he keeps pulling along a handful of Silicon Valley giants and Wall Street giants to do investing, build industries, and carry out infrastructure projects.
And this time, Trump’s think tank is made up entirely of hands-on practitioners, like Soros and Bessent.
The U.S. has practical talent in every industry. No matter how China and the U.S. compete, the real-world gap is still very large.
$BTC $ETH #btc #eth
Inflation + high economic growth + stable employment + rising incomes, diluting the debt.
I wrote about this specifically before.
It’s just that at the time, Trump didn’t openly admit it. Now that things are basically done, Trump has started openly acknowledging this logic instead.
In plain terms: it’s about finding ways to keep increasing the nominal size of the U.S. economy, using future growth to absorb today’s debt.
If you look at many of Trump’s moves over the past two years within this framework, they’re actually quite easy to understand.
I have to say, it’s a little bit “unorthodox.”
No matter what, he keeps pulling along a handful of Silicon Valley giants and Wall Street giants to do investing, build industries, and carry out infrastructure projects.
And this time, Trump’s think tank is made up entirely of hands-on practitioners, like Soros and Bessent.
The U.S. has practical talent in every industry. No matter how China and the U.S. compete, the real-world gap is still very large.
$BTC $ETH #btc #eth
