for - weaker US dollar tradeoffs - lower cost for foreign buyers BUT higher cost for domestic US consumers

for - adjacency - US reserve currency - Some in Trump admin see it as a bad thing - question - Does Trump admin want to intentionally devalue US dollar and US reserve currency status?

comment - They want to devalue the US dollar so that US goods are more competitive - lower cost

for - why - increase in treasury yields normally strengthens US Dollar - Gemini AI gives a good explanation - Yes, it's generally expected that when U.S. Treasury yields increase, the value of the US dollar will strengthen. - This is because higher yields attract more foreign investment, increasing demand for the dollar to purchase those assets. - Higher yields ( higher interest rate) mean more attractive returns: - When Treasury yields rise, the returns on U.S. government bonds become more appealing to investors, both domestic and foreign. - Increased demand for US dollars: - As investors from other countries seek to buy these higher-yielding U.S. assets, they need to first convert their local currencies into US dollars to make the purchase. - This increased demand for dollars strengthens its value. - Safe-haven status: - During times of economic uncertainty, investors often flock to safe-haven assets like U.S. Treasuries. This further boosts the demand for the US dollar, as it is the currency used to hold these assets. - Currency Valuation - A strong currency indicates a healthy economy and can attract more foreign investment. This creates a positive feedback loop, as a stronger dollar can further boost investor confidence and lead to even higher demand for US assets.

for - question - clarify for the audience how the US dollar as reserve currency, the decrease in demand for US treasury bonds and the US national debt are related to Trump's tariffs?

comment - The interviewer asks a great question on behalf of the audience as she understands that a lot of people don't understand the significance of Trump's tariff on the US national debt, treasury bonds and the US reserve currency. - She asks him to connect the dots and reveal the salient adjacencies

for - question - what would it mean for the dollar to lose its position as the world's reserve currency? - answer - if nobody buys US treasury bonds because it is no longer seen as a safe haven, and even begin liquidating them, then they can no longer compensate for the annual interest payment of the US national debt - The US would be forced to actually balance its budget

for - impacts - of US dollar losing role as world reserve currency - can no longer fund US deficit and must balance the budget - lose geopolitical leverage of sanctions

for - US dollar - losing safe haven status - de-dollarization - selling off US treasury bonds

for - to - largest wealth transfer in US history - bankrupt farms - pennies on the dollar - https://hyp.is/rXHfUgHPEfC5s2-peCc-5Q/www.youtube.com/watch?v=Fg4E3Py8OT4

for - adjacency - US farm bankruptcy - land grab - billionaires - adjacency - largest wealth transfer in history - US farmers bankruptcy - billionaire purchase pennies on the dollar

for - key strategy - US foreign policy - US dollar don't devalue as long as it is the world's reserve currency - even if they don't want to buy from you - Yanis Varoufakis

The infamous Apple typewriter memo is 40 years old ... by [[Richard Polt]]

50:32 Currency is the governments I.O.U. 52:04 When the government gets its tax, it no longer has the debt so it burns the currency which was an I.O.U.

44:17 Private Balance + Government Balance + Foreign Balance = 0 (I-S)+(G-T)+(X-M)=0

Typewriter Tool Kit from the DOLLAR TREE by [[Just My Typewriter]]

Overview of cheap tools for typewriters available at Dollar Tree and similar dollar stores.

• microfiber cloths
• q-tips
• LA's Totally Awesome cleaner
• Silly Putty
• toothbrushes
• allen wrenches
• wire bristle brushes
• hook and pick kit
• screwdrivers and sets
• extendable mini mirror
• rubber gloves
• flashlights
• magnets to hold screws

https://www.propublica.org/article/how-dollar-stores-became-magnets-for-crime-and-killing

Gladwell, Malcolm. “Million-Dollar Murray.” The New Yorker, February 5, 2006. https://www.newyorker.com/magazine/2006/02/13/million-dollar-murray (.pdf copy available at https://housingmatterssc.org/million-dollar-murray/)

One of the underlying commonalities about the various myths of poverty is that we tend to "other" those that it effects. The "them" we stigmatize with the ills of poverty really look more like "us", and in fact, they are.

Rather than victim shame and blame those in poverty, we ought to spend more of our time fixing the underlying disease instead of spending the time, effort, energy, and money on attempting to remedy the symptoms (eg. excessive policing, et al.) Not only is it more beneficial, but cheaper in the long run.

Related:<br /> Gladwell, Malcolm. “Million-Dollar Murray.” The New Yorker, February 5, 2006. https://www.newyorker.com/magazine/2006/02/13/million-dollar-murray (.pdf copy available at https://housingmatterssc.org/million-dollar-murray/)

Sold for over $500,000 and is missing a shutter. 🤦‍♂️

Correa, R., Du, W., & Liao, G. Y. (2020). U.S. Banks and Global Liquidity (Working Paper No. 27491; Working Paper Series). National Bureau of Economic Research. https://doi.org/10.3386/w27491

These same anxieties are the focus of so many post-human science fiction films (particularly those from the 80's) where an abnormal human body is normalized. The language of this passage especially reminded me of Robocop where the protagonist effectively loses control over his body and is constantly surveilled by his corporate creators.