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Replying to @YoAdrienne1968
Further proof that our public education system has failed an entire generation. #basicEconomics
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Video made with Grok Imagine
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Jun 9
Nope. It would be Thomas Sowell's book #BasicEconomics to flush the lies of socialism from their brains.
If you could pick one book that high school students had to read, which one would you choose? Soemthing old and classic
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Get yourself some education. It reduces the purchasing power of all Indians. #Basiceconomics.
We lived comfortably when 1 USD was ₹50. We live comfortably when 1 USD is ₹95. We have not become 50% poorer because of this. Frankly, my view is that for Investors who Earn in INR, Invest in INR & Spend in INR, it doesn't matter. Now, many would say that our import costs would go up because of this. True. There will an effect. But, is it as big as it was a decade back? Maybe not. That is where our self reliance comes into being. The India in 2026 is not the same India which was say, 10 - 15 years back. Our structural growth has been solid and many things are being produced in India today. Our energy production is better. Our diplomatic relations are richer. We produce quite a lot. Are we 100% self reliant? No. And maybe we will never be. But, we are definitely becoming less dependent on other countries for our investments & growth. In my experience, the effect is not as bad as it could be, if we invest our money consistently. End of day, most of the stuff we consume is produced in India. The effect is not too bad. Yes, those who never invest in Markets, it would affect greatly anyway. Because money needs to keep growing. That is the bottom line. Investing in Compounding Assets is Key Here. Invest in India. Stay the Course !!!! #FI
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An economic system shapes how a nation uses its resources to produce, distribute, and consume goods & services From traditional setups to modern mixed economies, understanding these systems is key to decoding growth, inequality, and development. #UPSC #Economy #EconomicSystem #GS3 #BasicEconomics #UPSCPreparation #IAS #StudyNotes #Infographics #Prelims2026 #MainsPreparation #ConceptClarity #EconomicsBasics
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Stop overspending the national budget (printing money out of thin air) and it would be amazing what We The People could afford without more government laws, rules, and regulations. #BasicEconomics
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Be a Sowell Man: Honoring Thomas Sowell This Black History Month #blackhistorymonth #thomassowell #basiceconomics
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Replying to @TuckerClemens
Sorry Lisa?I thought you were the only thick cunt on here but after reading the other replies I now realise you are not alone.Apologies.#basiceconomics
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20 Dec 2025
Replying to @shellshockkk
Uh, that would actually be a tariff imposed by the U.K. on imports. #BasicEconomics
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Replying to @SenPeterWelch
Senator Welch, I hate to break it to you, but Trump didn't serve three terms. There's this wild concept called "time" and "causation" that you might've snoozed through in school. The inflation crisis happened DURING Biden's watch, not Trump's current term. You guys have elevated Trump to god-tier omnipotence. Apparently he controls all three branches simultaneously AND can time-travel. Next you'll claim he hopped back to 1965 to rewrite the "professional degree" definition under 34 CFR 668.2 to push some sexist agenda. Oh WAIT, that's ALREADY the narrative from your side - blaming Trump for a 1965 regulation!!! Pretty soon I'll hear he caused the Great Depression and WWI. (We already know he started WWII because of the whole Hitler comparison thing, despite you folks being the ones spouting anti-Israel rhetoric, but I digress.) Here's Economics 101 for the slower folks in the room: Biden took office in January 2021 when inflation sat at 1.4%. Then his spending bonanza started. Inflation climbed EVERY. SINGLE. MONTH after that, especially post-American Rescue Plan. By June 2022? Hit 9.1% - worst in over 40 YEARS. Core inflation reached 6.6% in September 2022, another four-decade high. Overall, prices jumped 21.2% during Biden's term, absolutely CRUSHING family grocery budgets. Trump inherited that mess in January 2025 with inflation still at 2.9-3.0%, above the Fed's target, with Biden's price hikes permanently embedded in the economy. So prices don't magically reset when presidents change, genius. The inflation Biden created keeps affecting prices until it's controlled. Trump INHERITED those sky-high prices, and in his first nine months, core inflation's tracking at 2.1% - levels we haven't seen since Trump's FIRST term when everything was actually affordable. Want to discuss who ACTUALLY made grocery shopping painful? Let's talk Biden's American Rescue Plan of 2021 and that hilariously misnamed Inflation Reduction Act of 2022. These spending behemoths pumped TRILLIONS into an already recovering economy, creating the worst inflation in 40 years. Pumping that much cash into constrained supply chains? Prices explode. That's literally day-one economics, Senator. The numbers don't lie: Trump inherited 4.4% unemployment, 2.9-3.0% inflation, and $36.2 trillion in debt from Biden. Since Trump took office? Core inflation dropped to 2.1%, gas prices hit their lowest since 2021 (near a 20-year low adjusted for inflation), and the S&P 500 and NASDAQ smashed records. So either you're dumber than a box of hammers, not playing with a full deck, or betting that Vermonters are gullible enough to believe a president who started in January 2025 somehow caused inflation that peaked in June 2022. Which is it? Are you a few fries short of a Happy Meal, or do you think your constituents are? Quick reminder on actual economics: affordability comes from INCREASING SUPPLY, not government spending binges. One steak for 100 customers? Expensive. Two hundred steaks for 100 customers? Cheap. Biden's policies strangled supply through overregulation while pumping up demand through reckless spending - perfect recipe for the inflationary disaster that sent grocery prices into orbit. Trump's deregulation push, ramped-up energy production, and fiscal restraint aim to boost supply and cut costs. But reversing four years of Biden's economic wrecking ball takes TIME. Blaming Trump for Biden's inflation is like blaming the firefighter for the house that's already burning. But what do I know? I'm just someone who grasps basic cause-and-effect and doesn't think Americans are stupid enough to buy that presidents can bend time or that economic consequences work backwards. #Inflation #EconomicsMatters #BidenInflation #GroceryPrices #Trump2025 #MAGA #BasicEconomics #CauseAndEffect #SupplyAndDemand #VermontDeservesBetter #Democrats #VoteBlue #Progressive #Leftist #Liberals #TrendingNow #BreakingNews
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Replying to @inesschwerdtner
Es braucht eigentlich nur eine Sache und die ist ganz einfach. Die Politik soll sich aus der freien Wirtschaft raushalten und der Wohlstand wird zurückkommen. #BasicEconomics
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Aiyo! Even gravity is jealous of how fast the rupee is falling! Import zyada, export kam — it's not rocket science… but even a rocket needs balance to stay up! 🚀💸 #BasicEconomics
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18 Aug 2025
oh come on, let’s not romanticize the kabit's frequent appearances on stage. in this industry, the ones with lower talent fees get overexposed. #basiceconomics while andres remains too expensive and too in demand to be everywhere. quality over quantity, always. 😝
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GDP isn’t just numbers. It’s value creation — not money circulation. Time we got the math right. 🇮🇳 #IndiaGDP #ValueCreation #EconomicTruths #GDPExplained #IndianEconomy #FinanceFacts #TaxTalk #BasicEconomics #PolicyMatters #NationBuildin
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Replying to @SethAbramson
Dear Seth Abramson, How absolutely precious that you think you understand tariffs better than basic economics! Your confidence in being completely wrong is almost admirable - like watching someone confidently explain that the moon is made of cheese. Let me walk you through something called "market dynamics" - a concept apparently missing from your progressive education. When a foreign company sells widgets for $30 and faces a 20% tariff, they don't automatically pass that entire $6 to consumers like some economic robot. There's this revolutionary thing called competition that makes capitalism beautiful and tariffs effective. If that foreign company raises their price to $36 while an American company already produces the same widget for $33, guess what happens? The foreign company will likely eat $4 of that tariff and sell at $32 to stay competitive. That's capitalism working exactly as intended - forcing foreign producers to absorb costs rather than exploit American consumers. But here's where it gets even better: if they keep their product at $36, more Americans buy the $33 domestic option, increasing demand for American-made goods. This forces domestic companies to expand production, hire more workers, and eventually achieve economies of scale that drive prices down further. Meanwhile, we're rebuilding American manufacturing instead of sending our wealth overseas. You claim "literally none of the money is coming from outside the United States" - which is objectively false. The EU is paying us a 15% tariff rate while investing $600 billion in American manufacturing. Japan pays 15% while purchasing $8 billion in American goods and 100 Boeing aircraft. Indonesia agreed to 19% while eliminating barriers on 99% of U.S. products. We've collected nearly $90 billion in tariff duties since January, with a record $27.2 billion surplus in June. These are payments FROM foreign governments TO our treasury, generating revenue without raising income taxes on American families. It's literally money flowing INTO America from outside sources. Your statement is factually incorrect on every level. As for "how many Americans are stupid enough to fall for this scam" - perhaps you should ask yourself why you fell for the scam that tariffs don't work when they've already generated billions in revenue, secured massive foreign investment commitments, and are rebuilding American manufacturing capacity. But please, continue explaining economics while being fundamentally wrong about basic trade mechanics. It's educational - just not in the way you intended. #EconomicReality #TariffsWork #ForeignersPayUs #MarketDynamics101 #CompetitionWorks #AmericaFirst #TradeBalance #BasicEconomics #FactsOverFeelings
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Replying to @WhiteHouse @POTUS
#TariffsAreTaxes on Consumers & Businesses. It’s #BasicEconomics.
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🚨 @ZohranKMamdani just got wrecked by his own source. The socialist assemblyman wants to BAN all new housing unless it’s 100% “affordable.” You know—because destroying supply will somehow fix a supply crisis. 🤡 He cited urban theorist David Madden to back it up. But here’s the kicker: Madden himself told Fox News Mamdani’s bill would make the crisis WORSE. “If you restrict market-rate housing too much, you constrain supply and worsen the crisis.” — David Madden When your own expert calls you out, maybe sit this one out, champ. foxnews.com/politics/expert-… #RadicallyRight #MamdaniMadness #HousingCrisis #SocialismFails #BasicEconomics
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