It cut nothing, the debt will accelerate.

It might not, depending on what happens with tariffs. Trump would need to find a lot of money in tariffs, though. So either way we pay for it, in tariffs or inflation.

So... how should one play this? I presume that the tariff revenue won't be enough. So we will have inflation, or we will have stagflation. I lived through stagflation, in the 1970s, but I wasn't old enough to understand it as an investment environment.

In light of this bill passing, where's a good place to put money?

You could buy assets. Be careful though, hyperinflation is pretty weird and a lot of stuff (real estate counterintuitively for example) performs pretty poorly in it. Basically you get the opposing price changes but also the same reaction to price volatility that you during a recession so there's just less liquidity. Some people are doing a bond calendar spread but then you're effectively gambling on FOMC decisions which isn't all that prudent. Someone I know got liquidated earlier this year trying that.

Crypto is actually one of the less crazy things to buy right now IMO if you can mentally handle that.

In general I would avoid holding debt (margin, mortgages, credit card it doesn't matter) because the interim can be pretty funky and hard to predict.

Stocks, I'd think. All of that extra money in the hands of the wealthy will go towards investments, and eventually into the market.

Probably some stocks and sectors will benefit more than others, but I think that a broad index fund will get you a lot of the benefit with none of the guesswork, and less risk.

There is, of course, the existential risk that the entire system will collapse. You could diversify out of the country, though I would expect any such crisis to ripple out everywhere.

For inflation, sure, stocks are good. For stagflation, I'm not so sure. The stagnation part is a headwind for stocks; the inflation is a tailwind, and I'm not sure how that works out.

No way, HN is talking about equitable business? Is this a recession indicator?

Michael O. Church would just elicit nods of agreement on today's HN.

I am surprised to see, looking at his account just now, that his last post was ten years ago. I hadn't realized it'd been so long.

Wanted to like the guy but he owns a private island? Dude definitely has never worked a day in his life.

You're telling me that every cent of that Ad money was duty free? This whole time!?

Tax them, and make sure it doesn't get passed along.

Minecraft is just a more versatile game TBH. Depending on the server you play on, you can play a F2P version of DayZ, Hunger Games (which by the way pioneered the space for battle royales like warzone), building competitions, etc. Not to mention that Minecraft is a much more technically challenging game to play in terms of inputs and complexity. When you can make a 16 bit computer AND do competitive, technical, meta based PVP in COD it might be able to measure up.