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Molson_Hart's profile
Molson Hart
Molson Hart
Molson Hart
@Molson_Hart

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Molson Hart

@Molson_Hart

CEO at http://amazon.com/viahart . CEO at http://edisonlf.com . I tweet about business, e-commerce, supply chain, health, law, & infrastructure

Austin, TX
Joined July 2015

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    1. Rudy Havenstein, ready to be monetized.‏ @RudyHavenstein 8 Apr 2019
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      It's almost like something fundamentally changed around 1971. Hmmm.pic.twitter.com/G1OSrr42hF

      55 replies 192 retweets 440 likes
    2. Molson Hart‏ @Molson_Hart 8 Apr 2019
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      Replying to @RudyHavenstein @BarbarianCap

      "In 1933, FDR began fiddling with gold reserve requirements. He suspended the gold standard except for foreign exchange, revoked it as the universal legal tender for debts, and banned private ownership of significant amounts of gold coins." Can't have it both ways.

      1 reply 0 retweets 0 likes
    3. Molson Hart‏ @Molson_Hart 8 Apr 2019
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      Replying to @Molson_Hart @RudyHavenstein @BarbarianCap

      IMHO, this is a much better explanation. Containerization allowed the rich to outsource their production to cheaper countries, which hurt lower and middle class incomes in the United States, but not places like China, which not only has fiat currency, but a huge middle class!pic.twitter.com/C0GhUhpcDq

      1 reply 0 retweets 4 likes
    4. Rudy Havenstein, ready to be monetized.‏ @RudyHavenstein 8 Apr 2019
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      Replying to @Molson_Hart @BarbarianCap

      Rudy Havenstein, ready to be monetized. Retweeted Rudy Havenstein, ready to be monetized.

      That certainly didn't helphttps://mobile.twitter.com/RudyHavenstein/status/971834361883516928 …

      Rudy Havenstein, ready to be monetized. added,

      Rudy Havenstein, ready to be monetized. @RudyHavenstein
      For everyone hyperventilating about "TARIFSS!!!!" lately, here's clairvoyant Presidential candidate Ross Perot in 1992 explaining fair trade and NAFTA. @cnbc https://youtu.be/Rkgx1C_S6ls?t=15s …
      Show this thread
      1 reply 0 retweets 0 likes
    5. Molson Hart‏ @Molson_Hart 8 Apr 2019
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      Replying to @RudyHavenstein @BarbarianCap

      Yeah, I agree. With the expansion of monetary supply, it's been good to own real assets and stocks, which the lower and middle classes disproportionately did not have, but...I'm skeptical that that's the cause of their wages falling off post '71.

      1 reply 0 retweets 0 likes
    6. Rudy Havenstein, ready to be monetized.‏ @RudyHavenstein 8 Apr 2019
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      Replying to @Molson_Hart @BarbarianCap

      I'm a little biased, but i've noticed so amny charts of all kInds over the yeats that go off the fails after early 70's, pre-China WTO. Real wages are what counthttps://fred.stlouisfed.org/series/CPIAUCNS 

      2 replies 0 retweets 1 like
      Molson Hart‏ @Molson_Hart 8 Apr 2019
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      Replying to @RudyHavenstein @BarbarianCap

      Yeah, but before there was China, there was Mexico, Taiwan, South Korea, and Japan.

      4:10 PM - 8 Apr 2019
      0 replies 0 retweets 0 likes

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