Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

I'm fairly convinced it's easier feel like there is some plan, even if a bad or sinister one, than things being in a state of genuine chaos.

You occasionally see the people jumping between different ideas as to what the underlying plan is, once events no longer support their initial idea.



The plan is crystal clear:

1. When equities crash, market liquidity floods the bond market causing yields to drop

2. Refinance debt at these lower rates massively reducing interest burden

3. Cut government spending to cause rates to drop further

4. Reduced rates with a balanced budget results in non-inflationary borrowing and an economic upswing

Along the way, eliminate taxes for those earning below $150k.

If all of the above happens at the expense of equity holders so be it.

This plan has been made clear by multiple people from within the administration (namely Bessent who is one of the greatest macro investors of all time).

Now there’s many things to criticize in this plan (and lots of risk and unknown possible second order effects), but to describe it as “genuine chaos” or ineptitude is strange.


It's not that crystal clear when the ideas from Stephan Miran to reshape the world order by turning allies into vassals is also part of the plan.

There's a plan, it's to reshape the global trade à la Bretton-Woods, and the Plaza Accords.

The rest is just noise and plausible deniability for people to gobble up and accept to have been shoved into a New World Order.


> This plan has been made clear by multiple people from within the administration

Do you have sources?

(I also subscribe to the "genuine chaos" theory, but your comment makes sense)


The first three points:

https://www.foxnews.com/person/r/tanvi-ratna

It’s weird that Congress, the body constitutionally responsible for tariffs and their results, acts like they don’t know about it.


> When equities crash, market liquidity floods the bond market causing yields to drop

I don't know much about markets so genuinely curious as to why the opposite happened in practice (yields went up)?


Let us know what the new plan is when Trump does something that doesn't fit with this.


or they could've... taxed wealth. But the broligarchs who control trump wouldn't be ok with that.


But could they? Don't they all have unavoidable loopholes to avoid paying?


we're talking about law makers who can, you know, close loopholes.


My understanding is that the loopholes exist because international trade exists and therefore capital can be juggled through various different states to avoid the tax payments. That is, it's outside the legislative scope of any single set of law makers.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: