Folks, the *goal* is to tank the dollar. That’s a feature not a bug. Once again begging people to read through this very comprehensive guide to what we’re dealing with right now: www.vcinfodocs.com/venture-capi... (more on the dollar stuff in particular: www.vcinfodocs.com/implications...) - ThreadSky

amywestervelt.bsky.social • 23 days ago

Folks, the *goal* is to tank the dollar. That’s a feature not a bug. Once again begging people to read through this very comprehensive guide to what we’re dealing with right now: https://www.vcinfodocs.com/venture-capital-extremism

(more on the dollar stuff in particular: https://www.vcinfodocs.com/implications-of-cryptocurrency)

Comments

dslakter.bsky.social•23 days ago

For this to work, you'd need other investors to treat crypto as a safer bet than any alternative currency. Not impossible, but still requires a few more steps than tanking the dollar.

amywestervelt.bsky.social•23 days ago

Sure, but they can do an awful lot of damage trying (and have said repeatedly that tanking the U.S. economy and devaluing the dollar is step one)

dslakter.bsky.social•23 days ago

Oh, yeah. Shit's fucked regardless. But the problem with creating a hell to rule over is that you may not be the one who winds up in charge.

dianabutlerbass.bsky.social•23 days ago

Who wrote this? (Helpful to know author and source, please.)

amywestervelt.bsky.social•23 days ago

It’s compiled by a bunch of super legit tech critics and journalists, spearheaded by @shanley.com who was pointing this stuff out a good 10 years before everyone else cottoned on

dianabutlerbass.bsky.social•23 days ago

Thank you. I appreciate this.

philosoraptor3000.bsky.social•23 days ago

It makes sense. But I think that's too cunning.

Rich people just want more money. That's it. It's a snowball of the mindset that got them there, not a particular agenda. Although some will tag along for that.

zuku142.bsky.social•23 days ago

📌

plantsometrees.bsky.social•23 days ago

Exactly. Folks should also read this white paper from Stephen Miran, Trump's chair of Council of Economic Advisers, describing the tariff playbook.

https://www.hudsonbaycapital.com/documents/FG/hudsonbay/research/638199_A_Users_Guide_to_Restructuring_the_Global_Trading_System.pdf

h2blue.bsky.social•23 days ago

Amy, are you the author? What is the source for these articles? Thank you.

amywestervelt.bsky.social•23 days ago

I’m not! It’s compiled by various tech critics, researchers and journalists. I first saw it via @shanley.com who's been really ace at analyzing trends in the tech space for a very long time

shanley.com•23 days ago

<3 <3

amywestervelt.bsky.social•23 days ago

I have vetted much of it though and it all checks out (which is scary!)

jzeli.bsky.social•22 days ago

Well that’s effing terrifying

morphizm.bsky.social•23 days ago

Nothing kills the petrodollar, sis. https://bsky.app/profile/sunrisemvmt.bsky.social/post/3llw4hlcrys25

amywestervelt.bsky.social•23 days ago

correct! see also: Total president downplaying the tariffs and lobbying the EU on behalf of the US for the past few months, only to be rewarded with a $4.7 bn EXIM loan for his Mozambique project 🙃

morphizm.bsky.social•23 days ago

Indeed. I don’t want to wreck anyone’s party — and I have been accused of this before! — but the oil and gas industry is still public enemy number one unless we find another paradise spinning through space.

I wish more people would remember that.

clargee.bsky.social•23 days ago

Great guide, thanks!

mitchellmebane.bsky.social•23 days ago

📌

hurricaneheidi.bsky.social•23 days ago

Devalue the dollar to introduce crypto scam coins .....

corbyntravers.bsky.social•23 days ago

This is a great article.

naberu.bsky.social•23 days ago

📌

harryfinch.bsky.social•23 days ago

I've never met a man who couldn't talk himself into anything. The doc is a keeper. Thanks.

readbooks-1.bsky.social•23 days ago

Trump is not that smart, his intention is to have every country’s leader to come groveling to Maralago and bow to the master, and fill his coffers full of cash

clargee.bsky.social•23 days ago

He is the befuddled sock puppet on the fist of Project 2025. He's ideal for them, because he doesn't have a clue and is so easy to manipulate/trigger - his narcissistic vengeance etc etc

climatto.bsky.social•23 days ago

When will the tech fascists neutralize Trump and install president Vance?

revkin.bsky.social•23 days ago

I sense there's also a lot of merit in Senator @chrismurphyct.bsky.social's warning that Trump's tariffs are far more designed to extract domestic corporate fealty than foreign revenue. https://threadreaderapp.com/thread/1907630514493681847.html

tapirtrouble.bsky.social•23 days ago

They're also using the fealty thing to get bonuses for themselves. Canada's paying a lobbying firm now -- one of Don Jr's buddies. So convenient that this guy approached them at his place. He's not an experienced lobbyist, and is basically promising access to the WH.
https://www.cbc.ca/news/world/premiers-washington-lobbyist-checkmate-1.7458770

tapirtrouble.bsky.social•23 days ago

So now McDowell and presumably his Congressman brother owe the Trump family a big favour, for sending business his way. I don't think it was a coincidence that this guy just happened to be hanging out at Don Jr's place.

lexieinholland.bsky.social•23 days ago

📌

realitycheck.bsky.social•23 days ago

Thanks. Great exhaustive primer on tech fascism.

"fascist ideology is often just mysticism and indirection over their core crisis: the effort to continue the unfettered accumulation of wealth and power in the face of social opposition and the crisis of capitalism"

xomoro.bsky.social•23 days ago

So…the billionaire tech bros are having a midlife crisis and this is how they’re dealing with discovering their own mortality? Absolutely evil Batman villain stuff.

chipinko.bsky.social•23 days ago

Amy gets it.

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