David J. Shourabi Porcel

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Cake day: October 7th, 2024

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  • To be fair, fearing for one’s life is understandable in a society where gun ownership, social injustice and mental illness are not only relatively widespread, but correlated, and the chances of being hurt in even simple altercations correspondingly high. The solution, though, is not allowing police to resort to violence routinely, disproportionately and indiscriminately, but to address the root causes of the danger with socioeconomic justice and safeguards, proper universal healthcare and at least some restrictions in gun ownership. Those who either aren’t willing to solve these underlying issues or deny their existence outright often resort to the charge of terrorism as both a convenient deflection and an instrument of suppression and oppression. It is in our interest to push back against such misuse and keep the public discourse centered on the origins of conflict.







  • To the contrary: the value of the US dollar, as measured against other currencies, has surged in the past weeks amidst Donald Trump’s announcements of tariffs, because markets expect them to bump prices and higher prices, in turn, would could prompt the Federal Reserve to raise interest rates, just as we saw in 2022.

    TL;DR: higher tariffs => higher prices => Federal Reaerve raises interest rates => US dollar appreciates

    The incoming Trump administration could counter this dynamic by changing the mandate under which the Federal Reserve has been operating for about a century and bringing it under the executive, stripping it of its independence.