
Josh Caplan
@joshdcaplan • 96,141 subscribers
Building https://t.co/gt65vLc6Lt, the daily newsletter for all things tech, markets and freedom.
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.David Sacks: "Good economic news is breaking out all over. Q2 GDP on track for 3.8%, the May jobs report was above expected, and inflation down to 2.4%." "The elites were scaremongering on tariffs and predicting doom." "They've been proven to be out of touch with reality."
Josh Caplan190,375 次观看 • 1 年前

.ErikDPrince Says U.S. Reindustrialization Gaining Momentum: 'A Lot of Demand Coming Back From China' "What really helped the world and the Allies win World War II was American industry. If you haven't read the book 'Freedom's Forge,' I highly encourage you to do it. A lot of you are from the Midwest; I'm from the Midwest, from an automotive manufacturing family background. It makes me really proud to realize all those factories really cranked out and delivered that kind of capability. It made it possible for Marshal Zhukov of the Soviet Union to go all the way from Moscow to Berlin with 600,000 vehicles. Remember, the German army back then was only about half mechanized. We made it possible with tens of thousands of aircraft and hundreds of thousands of vehicles for the Soviets to win. Our industrial base now is nowhere near what it needs to be right now to be competitive. I think there are some great efforts underway. There was a reindustrialize conference I participated in about six months ago; they're having another one. If you're in the manufacturing space, I think it's a great time to add plant capacity because there's going to be—I don't know—I feel a much different vibe and a lot of demand coming back from China. I've stayed in the manufacturing business ourselves with plants in the U.S. and in Mexico, and there's just a lot of volume coming back from Asia."
Josh Caplan225,569 次观看 • 1 年前

.David Sacks: Trump’s AI Policies Could Fuel U.S. Economic Growth to 4%-5% "What you're seeing is that the adoption of AI applications is the fastest adoption curve we've ever seen. I think it's bigger than the iPhone, bigger than the internet itself, potentially. This technology is being adopted very, very fast by consumers and businesses, and I think it's going to fuel the growth of the American economy for years to come. I think we can get back to those 4 to 5% growth rates with AI as a tailwind. Again, it's facilitating major investment, major innovation, and I think President Trump has already helped facilitate this. He rescinded that 100-page Biden executive order on AI, which burdened AI companies with unnecessary regulation. We rescinded that 200-page rule that burdened semiconductor companies and data center companies with unnecessary regulation. President Trump is leading and he's driving the growth and the innovation, and it's a very different approach than we saw with the Biden administration. The Biden administration really was motivated and proceeded from a position of fear. It was, 'How can the government restrict this? This thing is so risky that we need to control it.' Whereas, I think the Trump administration is proceeding from a position of opportunity, which is, 'How do we take advantage of this technology? How do we drive the growth? How do we drive the investment?' Thanks to President Trump, you are seeing this boom, this novelty that started, and I think it will be one of the most important parts of his legacy."
Josh Caplan126,513 次观看 • 1 年前

.David Sacks in April: "What we really need is for Congress to now embrace all of the corruption that Elon Musk found and eliminate it from the budget, because at the end of the day, in order to capture the savings, we do need those appropriations eliminated from the budget."
Josh Caplan82,260 次观看 • 1 年前

.David Sacks: Bitcoin Strategic Reserve Will Maximize Long-Term Value of U.S. Holdings "The reason why we need a Bitcoin reserve is that the federal government already owns some. In fact, it obtained around 400,000 Bitcoin over the past decade through criminal and civil forfeitures and seizures. And so the government has to have a strategy for how it deals with this. In the past, the strategy has been simply to sell it in an ad hoc way, almost willy-nilly, and that cost American taxpayers something like $17 billion in lost value. So we want to have a long-term strategy to maximize the value of these holdings. We’ve decided that Bitcoin is scarce, it’s valuable, and it is strategic for the United States to hold on to this as a long-term reserve asset. So that’s the plan with the 200,000 Bitcoin that we believe are in the possession of the federal government. I say 'we believe' because no one really knows for sure since we’ve never had a proper audit. That’s one of the first things this executive order provides: we’re going to do a full government-wide audit to find out what digital assets we actually have so they can be safeguarded and moved into a strategy that maximizes their long-term value."
Josh Caplan90,861 次观看 • 1 年前

Trump gives Elon Musk a shoutout, lists some wasteful spending found by Department of Government Efficiency, including: -$3.5M for fish monitoring -$1.5M for voter confidence in Liberia -$59M for illegal immigrant hotel rooms in NYC -$42M for social and behavioral change in Uganda
Josh Caplan88,921 次观看 • 1 年前