So the goal of tariffs is to cause an increase in the value of non-US currencies, which will balance out the trade deficit.

I suspect it will split the world into trading blocs.

The classic way to devalue a currency is to print money (increase money supply). But what Trump seems to be doing is reducing government expenditure, which will have a deflationary effect. Tariffs might cause more demand for US products in the US??? which might offset deflation?

I don’t really understand how central bankers in non-US countries use $USD. I suppose they buy T-bills and hold them. ??? Apparently this is the underlying problem keeping the $USD high???

I don’t own one, but the Hyundai Ioniq 5 would be worth a look.

Solar + Batteries

I predict it will be broken in 24 seconds.

Hopefully we can block it.

The biggest issue would be YouTube fingerprinting my RSS browser. But I am trying to learn about privacy, so I don’t know anything.

Another episode in the series: “Krasnov Speaks”.

How do you do that?

The CDU seems to be working to fix all the problems that Merkel caused.

RE supporting the auto industry, when you find yourself stuck in a hole, dig deeper.

One way to replace the syrup would be to use chopped dates or prunes. You can also buy date sugar, which is not real sugar but is made entirely of dates.

Try different locations.

Since Trump is working for the KGB, Canada should put the same sanctions on the US as on Russia. Maybe shut all border crossings for a while. But please don’t shoot us.

Krasnov the Traitor

Bob Probert (RIP)

Zelensky For President!

Trump is a Russian agent.

It is surprising how weak Russia actually is. At this point just about any other nation could come in and wipe out the Russian government.

Russia’s invasion of Ukraine was a last ditch effort to recapture former Soviet territory before its oil and gas resources lose economic value.

We are entering a major transition period, with many technological changes happening to disrupt the existing economy. One of the most important is the transition from fossil fuels to renewable energy.

For hundreds of years, the energy economy has been a system where certain countries and companies controlled the locations on earth where fossil fuels are located, and had the technology to process the fuels. Fossil fuels by their nature require the user to buy “feedstock” as they go. The countries and companies that control fossil fuel production profit from this system and are some of the wealthiest groups in the world.

Renewable energy systems, such as solar, wind and batteries, require an upfront payment for the equipment. The cost of equipment for renewable energy is dropping every year. They can be located almost everywhere. There is no ongoing feedstock payment. Renewables break the fossil fuel industry model, and some of the wealthiest people in the world are scrambling to control governments to somehow retain their income flow. Currently their strategy is to delay implementation of renewables, but eventually they will try to create monopolies where they control the source of power and charge the customer about the same as they are paying now, with the utilities benefitting from the low cost of renewable power.

This is only one of the transitions happening at this time. There are many major disruptions coming from implementing AI in the economy, from electric vehicles and self-driving vehicles. There are probably many more transitions that no one is predicting or even imagining at this time. You can expect things to be crazy for a decade or more as these technologies change the way our economy, infrastructure and society is shaped.

His reward was imprisonment and a bullet to the head.