Peter St Onge, Ph.D. Private
@_profstongee
Daily Videos on Economics and Freedom | Former professor, ex-bartender, Austrian economics | weekly Article at http://profstonge.com
Trump slaps $100,000 fee on H1B’s. It’s a great start to ending Big Tech’s 2.5 million worker sweatshop. Still, there’s another 2.3 million visas — including 350,000 “intern visas” — that replace Americans with low-wage foreigners.
It's a short chart -- so 250's a stretch. But historically every 1% change in global money supply (m2) is a 7% gain to Bitcoin. So going by m2 Bitcoin should be $125,000. And rising 38% per year.
something is soaking up a LOT of liquidity. In other news, global M2 just went absolutely vertical... and btc fair price is 250K
How stablecoins could wipe out credit cards 🤔 In short, credit cards are combo payment rail and debt, with a 1.5% tax on each transaction. While stablecoins are just payment, pure and simple. zerohedge.com/crypto/stablec…
Jo Biden's is epic! 😂😂
The Presidential Walk of Fame has arrived on the West Wing Colonnade Wait for it… 🖊️👀
I'm reminded of the joke: "Nobel prizes used to be given for teaching the public something trivially obvious to economists. Now they're given for teaching economists something trivially obvious to the public."
Jerome Powell: Tariffs are being paid by middlemen and importers, not customers. I caught a *lot* of crap from other PhD's for predicting this 😂
Connor Boyack of @TuttleTwins gave out $50,000 in scholarships. The reactions are priceless 🤗
Watch some of our scholarship winners' reactions to the good news! 😁
Jerome Powell: Tariffs are being paid by middlemen and importers, not customers. I caught a *lot* of crap from other PhD's for predicting this 😂
Farage is out-polling both major parties *combined* 🤯
The establishment in the UK is freaking out because Nigel Farage has a massive lead in the polls for the next election. In their system, that type of lead will result in way above a 50% majority of seats in parliament.
“Day by day the past was brought up to date. All history was a palimpsest, scraped clean and reinscribed exactly as often as was necessary.” -- 1984
Just 5% of corporate AI makes money. On the other hand, some actual quotes from the late 1990’s: "The Internet Economy: So Much Promise, So Little Profit" — Businessweek, 1997 “The Internet is good at bringing people together, but not at making sales.” — Wired, 1997 “The…
"Dial down the rhetoric" lasted about 48 hours.
🇺🇸 NEWSOM: I FEAR WE WILL NOT HAVE AN ELECTION IN 2028 "I fear that we will not have an election in 2028. I really mean that in the core of my soul unless we wake up to the code red what's happening in this country and we wake up soberly to how serious this moment is."…
AI tutors are impressive, but a bit unfair: Public schoolteachers aren't trying to educate.
The trade war is crushing Mexico — where exports to the US make up one in three jobs. Retail sales are down 9%. Construction is down 18%. Foreign investment plunged 21%. Mexican manufacturing job losses could already be in the hundreds of thousands.
Deportations have consequences 😂
Michelob Ultra has overtaken Modelo as the best-selling beer in the U.S., both in retail stores and in bars and restaurants. cheddar.com/media/michelob…
Tom's just about giddy 😂 Good work. 20 million to go 🫡
.@RealTomHoman: We have 400K+ deportations and ~1.6 million illegals have left on their own since President Trump took office. "We're tripling the size of the workforce. We're adding more detention beds, we're adding more flights... so the numbers are going to explode."
Trump at the UN: Mass migration and the climate jihad are "destroying" the West 🔥🔥 “Immigration and the high cost of so-called green, renewable energy is destroying a large part of the free world and a large part of our planet. "Countries that cherish freedom are fading…
If a shutdown actually happens -- we can always dream -- it'll be a boss battle who gets the blame. The battle lines are drawn 🫡
🚨POTUS: After reviewing the details of the unserious and ridiculous demands being made by the Minority Radical Left Democrats in return for their Votes to keep our thriving Country open, I have decided that no meeting w/ their Congressional Leaders could possibly be productive…
AOC's actually in the running for 2028 on @Kalshi. As is Buttigieg. That's one thin bench 😂
AI is wiping out left-wing media. Search traffic to legacy news is down 50% as people read summaries and skip the articles. The audience is going to new media and podcasts that are 86% independent and pro-Trump.
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