Chad Peerless

@lorddrey @ProfessorWerner This is batshit insanity to compare a strait surrounded by multiple countries to a canal through one particular country

Iran has kept the Straight of Hormuz toll-free for decades despite being vilified, sanctioned, and Isolated. Egypt charges $300,000 – $700,000+ per transit through the Suez Canal. Ultra-large container ships or tankers can exceed $1 million. Panama charges $150,000 – $450,000 per transit. Large Neopanamax ships cost up to $500,000+ to pass the Panama Canal. Turkey charges fees for the Bosporus Strait. Canada charges fees for the St Lawrence Seaway. The United States charges for the St Lawrence Seaway. But Iran is a bad country.

@ComicDaveSmith You bungling idiot

The same people who say October 7th justifies killing 100,000 people, can’t possibly fathom how anyone else could use the slaughter of their people to justify killing anyone.

Legislating can be “hard and take time” is a pathetic understatement. The system in Washington is broken. Geriatric senators who don’t know where they are. Congressmen and women who go from rags to riches after 2 years in office. The whole thing is rotten and if Trump has to shove a few things through to help the American people than so be it

Gorsuch on 🎯: “For those who think it important for the Nation to impose more tariffs, I understand that today’s decision will be disappointing. All I can offer them is that most major decisions affecting the rights and responsibilities of the American people (including the duty to pay taxes and tariffs) are funneled through the legislative process for a reason. Yes, legislating can be hard and take time. And, yes, it can be tempting to bypass Congress when some pressing problem arises. But the deliberative nature of the legislative process was the whole point of its design. Through that process, the Nation can tap the combined wisdom of the people’s elected representatives, not just that of one faction or man. There, deliberation tempers impulse, and compromise hammers disagreements into workable solutions. And because laws must earn such broad support to survive the legislative process, they tend to endure, allowing ordinary people to plan their lives in ways they cannot when the rules shift from day to day. In all, the legislative process helps ensure each of us has a stake in the laws that govern us and in the Nation’s future. For some today, the weight of those virtues is apparent. For others, it may not seem so obvious. But if history is any guide, the tables will turn and the day will come when those disappointed by today’s result will appreciate the legislative process for the bulwark of liberty it is."

It depends how the monetary stimulus is doled out. If it’s pure asset replacement (QE like post GFC) then it may not be inflationary. If it’s some form of helicopter money and the productivity gains aren’t distributed equally across industries, we could for example have a massive run on health care or housing that actually looks more like the post COVID era than post GFC era of stimulus

Let me address the last pt you made first. No amount of monetary stimulus can turn deflation into inflation if there is ample slack in the supply which is what we are likely to have with productivity growth. We saw that happen during the post-GFC QE era. There is deflation from demand destruction and that from productivity growth. The world I am envisioning is the latter. If we can keep the output the same with less labor, then the problem is that of aggregate benefit distribution rather than the total amount of benefit. Those still employed or own the chain of productions will benefit massively. Those left out will not. And that is where fiscal policies can come in and mitigate the social damage thru the likes of UBI or other redistributive policies.

What if… the ultimate pro-AI trade is TLT.

@DerivativesDon @dampedspring You guys are both dopes man there’s plenty of stocks that benefit from debasement and inflation

@dampedspring Just seeing this now and laughing hysterically My exact initial reaction

People laughing about 100 year bonds while overweight assets with no coupon and no maturity at all makes me laugh.

LMAOO.. Kamala Harris attempts to explain why she’s against photo ID for voting. This is BUTAL.

A political party nominated this person for president. Of the United States.

@yieldsearcher The long end and mortgages might rise as a result of turbo charged rate cuts. What’s the reasoning they’d fall?

NFP next Wed and CPI Friday. If Trump wants to help the housing/economy for Main St and boost his electoral chances, he needs to set the stage for turbo-charged rate cuts soon, esp with cCPI about to lap tough Jan print (+0.45%) and the labor market still vulnerable.

@WesleyHuntTX Very well said

I’m a millennial. I have zero interest in being 75 years old, still shuttling back and forth to Washington like it’s a retirement hobby. When I’m that age, I’ll be raising my grandkids, watching my children step into leadership, and doing what Americans are supposed to do, live in the communities we serve. The idea of spending 20 or 30 years in Congress or the Senate is absurd. I’ve already term-limited myself out of my own House seat. I meant it. The Founders never designed this to be a career. They designed it to be service. You go to Washington. You make laws. Then you come home and live under the laws you passed. John Cornyn either doesn’t understand that concept, or doesn’t care. On March 3rd, the voters will make it clear. It’s time for a NEW generation of leadership.

@RoKhanna @rabois You’re going to falter for your recent sellout. Congrats for being a poor man’s mamdani

@rabois We disagree. But I enjoyed you on uncapped and the anecdote of you scanning comments on social media to better understand how to build your product and company. Our politics differ, but respect the entrepreneurship.

Morality is a higher value than money.

@RoKhanna Dude are you serious? Horrible politics by Ro Khanna. These hard left pivots will come back to bite you in the ass sir.

Ms. Rachel immediately apologized for hitting the like button on an antisemitic tweet. Have you apologized yet for supporting the Israel government's genocide in Gaza?

@libsoftiktok @AOC Didn’t turn the volume on but my goodness is she beautiful

AOC repeats the “ICE kidnapped a 5-year-old” hoax Actual story: ICE went to arrest his illegal alien dad who decided to run away and abandon his child. An agent stayed with the kid to make sure he was safe. Why are you lying @AOC?

@JustinWolfers @ChrisCuomo Foreigners own a huge amount of US stocks dumb dumb

Some perspective: The S&P opened down -1.3% on Trump's Greenland saber-rattling. That's $750 billion of wealth destroyed -- roughly equal to estimates of the value of Greenland. And so ~in dollar terms~ his shenanigans have already cost the US one Greenland, and we've got nothing to show for it.

@captgouda24 Great idea why don’t we just make all consumption goods cost proportionally to how much money you make??

Health insurance being through the employer means that there is an effective regressive tax on low wage employees, because health insurance costs the same for each person. This is a big deal! Financing through a payroll tax would increase non-college earnings by $1,700 a year! 1/

@piersmorgan Go for it

Britain should repurchase America. After all, it was ours once, and it would enhance our North Atlantic security. If you don’t sell it to us, President Trump, we’re going to impose tariffs on the U.S. and any country who supports you in resisting this very good deal. Fair?

@MorePerfectUS And the government is taking its largest portion of the pie

U.S workers are taking home the smallest share of the economic pie since the feds started collecting the data in 1947.

@KobeissiLetter Wasn’t gold up like 60% yoy which would explain the change?

BREAKING: Japan's gold reserves rose to a record $120 billion in 2025, up +60% year-over-year. Gold reserves now reflect 9% of Japan's total reserve assets, more than doubling since 2022. Meanwhile, the country’s FX reserves are up to $1.17 trillion, the highest since 2021. As a result, total reserve assets are up to $1.37 trillion, also the highest since 2021. This comes as Japan is now the largest foreign holder of US Treasuries, at $1.2 trillion, the highest since July 2022. Gold is boosting reserve assets worldwide.

@RoKhanna @garrytan To a hammer everything looks like a nail… the government being the solution to all problems is straight communism

I admire your work with YC and agree start ups are key. Would you support 1000 trade schools, an industrial development bank, AI literacy in K-12, tech job centers across California & America, $10 day childcare (for care jobs), high pay for home care workers with AI tools, Medicare for All so we don't have job lock and can have more founders, an open social web to allow portability of social media graph...there may be some overlap.

We have lost 68,000 manufacturing jobs since Trump took office. We have lost 161,000 blue collar jobs. We need new economic leadership that doesn't concentrate wealth & power in the hands of the few. An economy that works for all Americans. We need a new economic patriotism.

@StrikeDebt @MorePerfectUS The CFPB is an Elizabeth Warren lackey but nice try

NEW: An original student debt report at the CFPB exposed loan servicers declining to answer consumer complaints + two private equity firms doing college tuition price-fixing + a giant default crisis. Trump-CFPB didn't like the report. So they hid it. politico.com/news/2026/01/1…