[golden-face]

Traditionally, defending a currency ends up with more defending of the currency. So best of luck to thee messieurs Bessent and Milei.

[hshdhdhj4444]

Krugman points out that while Trump may have been sold on this by the idea of bailing out Milei, in reality it’s likely Bessent bailing out his hedge fund friends.

https://open.substack.com/pub/paulkrugman/p/bailing-out-bess...

[osullivj]

Cf GBP exit from the ERM inc Soros

[more_corn]

Whatever man, peso coin is the hottest thing right now on crypto-bro-day-trade-yolo.com