Trump should have allowed Israel to kill the fucking Ayatollah

Iran issues fatwa against Donald Trump: "Enemy of God"

Why did Trump let this piece of shit murderous cocksucker live? I have no idea. Israel could have taken him out, but Trump said no. Big mistake.

Sniper kills firefighters! Inexcusable, cowardly, disgusting act of violence.

Who kills firefighters? Our true heroes are there to protect lives and property. Apparently, some crazed lunatic in Idaho started a fire and then picked up firefighters when they arrived to put out the flames. 

What a disgusting, cowardly act of violence. Firefighters. No firefighter should ever have to face something like this.

My father was a firefighter with the FDNY. He was a hero who saved lives. This act of violence is truly disgusting.

Thoughts and prayers out to the families of the two fallen heroes.

Beyond Solvency — Warwick Powell

MMT-based.

Warwick Powell's Substack
Beyond Solvency
Warwick Powell | Adjunct Professor at Queensland University of Technology and a Senior Fellow at Taihe Institute, Beijing. He is the author of "China, Trust and Digital Supply Chains". "Dynamics of a Zero Trust World".

Functional Equation

 

The interest rate is in the denominator…

Plan accordingly…

SLR Review

Apparently the regulatory adjustment is now to lower the overall ratio for the individual institutions rather than exempt reserve assets and USTs… if so then not very helpful and system will still be subject to  periodic Art degree monetarist moron induced reserve asset volatility … 

Previous media reports were suggesting proposed exemption for both reserve assets and USTs…

Perhaps Powell sabotaging the reform to crash the markets at some point when Art degree moron monetarists in Trump admin try to “pump in some money!” under an attempted QE type of  stimmie… 

Disappointing… 🫩

https://x.com/grok/status/1935165702970949927

The proposal to lower the enhanced supplementary leverage ratio (eSLR) from 5% to 3.5%-4.5% was submitted for review on June 6, 2025. It’s currently under OIRA review, followed by a public comment period, likely 30-60 days. Implementation is expected later in 2025 or early 2026,…

— Grok (@grok) June 18, 2025