The media is is has been following this like it's a reality show. Basically write one person's up, one person's down or a bit of a known quantity. Given that he's been on the Fed before, he's been through Senate confirmation process.I think the biggest question is how the Senate is going to greet him, how Republicans are going to greet him, because we know that one of them, Senator Thom Tillis, has raised concerns about any nominee that Trump puts forward because of the ongoing federal criminal investigatio ...

worst performing sector this morning, Jim, is financials. You mentioned this lawsuit against uh JP Morgan. Uh actually, Capital One has an outstanding lawsuit filed by some Trump plaintiffs, including Eric Trump, for example.>> Well, and look, uh nothing stops Richard Fairbank. You can they just uh this is an entity to itself. I'm not concerned about that.I think JP Morgan obviously it's better headline grabber. People don't know who Capital One is. They don't realize it.is the third largest uh credit card ...

RT Joseph Lubin (@ethereumJoseph)Governance and decision making has been subjective via top-down command and control for millennia. Now we have the wisdom of the crowd via prediction markets -- aka decision markets -- that we can rely on increasingly to weigh in with diverse expertise on any situation or proposition. Now we have the best assessment and decision making tool known to man: decentralized, uncensored, radically free markets that we can increasingly rely on for sourcing the truth about diverse si ...

Governance and decision making has been subjective via top-down command and control for millennia. Now we have the wisdom of the crowd via prediction markets -- aka decision markets -- that we can rely on increasingly to weigh in with diverse expertise on any situation or proposition. Now we have the best assessment and decision making tool known to man: decentralized, uncensored, radically free markets that we can increasingly rely on for sourcing the truth about diverse situations, to entertain us, to ena ...

Core Concepts - Free markets are a key consideration [1] - Encryption is a significant element [1] - Sovereignty is an important factor [1]

RT Douglass Mackey (@DougMackeyCase)Free markets, limited government, and individual liberty are generally good but they are not absolute goods.There is much room for debate on limits or exceptions to these rules.Conservatives who repeat these phrases as mantras/platitudes are engaging in mindless sloganeering. ...

Javier Milei now has a chance to reshape Argentina’s economy with sensible macroeconomic management and free markets. Yet his midterm triumph comes with caveats https://t.co/HrhN4i0lHg ...

President Trump ran on the promise of putting America first, but American beef ranchers are saying his latest move does the opposite. On Wednesday, the White House announced plans to quadruple beef imports from Argentina at a lower tariff rate over the objections of American cattle ranchers. That decision comes alongside a $20 billion currency swap meant to prop up Argentina's struggling currency. Administration officials say the goal is to ease rising beef costs. But critics call it a political favor tied ...

Government Intervention & Market Distortion - The Trump administration's 10% stake investment in Trilogy Metals, a small Canadian mining company, led to its stock soaring almost 3000% [1][2][3] - This investment, and similar actions, are seen as warping free markets and distorting the allocation of capital, creating winners and losers selected by the government [8][9][10] - The administration's trade policies, particularly tariffs, are viewed by some as a tax on capital, negatively impacting businesses and consumers, especially those with lower incomes [12][14][15][16] Economic Policy & Republican Ideals - The administration's actions are considered inconsistent with traditional Republican economic principles of limited government intervention [6][7][11] - There is a debate on whether the administration's policies are genuinely aimed at free markets or at controlling them [31] Government Shutdown & Political Strategy - The government shutdown is in its second week, affecting federal workers and potentially impacting essential services like the IRS and air traffic control [22][23][26][27][28] - There are differing views on whether the Republicans or Democrats are "winning" the shutdown narrative, with each side accusing the other of using it for political gain [29][30][31][32][33] AI Boom & Regulation - The AI boom is a significant driver of investment in the economy, largely independent of the president's policies [20][21] - The administration's stance of limited regulation in the AI space is seen as an incentive for companies to invest heavily in the sector [22]

Core Insights - The article discusses Nomi Prins' latest book "PERMANENT DISTORTION," which explores the growing divide between financial markets and the real economy, highlighting the consequences of this disparity [1][15][22] - Prins argues that the concept of "free markets" is no longer viable, and that a political power shift is leading to a new world order, with trade wars and social unrest on the horizon [1][15][16] Group 1: Nomi Prins' Background and Expertise - Nomi Prins is a former managing director at Goldman Sachs and has extensive experience in the financial sector, having worked at Bear Stearns, Lehman Brothers, and Chase Manhattan Bank [7][8] - She transitioned to journalism to expose unethical practices in the banking industry and has since become a prominent voice on economic reform [8][12] - Prins has delivered keynote speeches at major global institutions, including the Federal Reserve, IMF, and World Bank, establishing her as a leading authority on financial systems [11][12] Group 2: Themes in "PERMANENT DISTORTION" - The book details the impact of two major financial crises in the 21st century and the chaos they have caused across the global economy [15][22] - Prins describes the current economic state as "Permanent Distortion," where financial markets thrive while the real economy struggles to meet the needs of the population [1][15][16] - The narrative emphasizes the manipulation of financial systems to benefit a select elite, leading to increased social and civil unrest [1][15][22] Group 3: Implications for the Future - The article suggests that the ongoing economic conditions will lead to more trade wars and a shift in global power dynamics [1][15][16] - Prins' insights indicate that without significant reform, the gap between the financial markets and the real economy will continue to widen, exacerbating existing social issues [1][15][22]