• jeffw@lemmy.worldM
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    2 days ago

    Yup. People hate when it’s the easy answer but there’s no huge conspiracy. Traditional economists were terrified about the potential shift at the fed and Trump picked an establishment guy. The dollar got stronger, while crypto, gold, and silver crashed.

    The other part here is that crypto had a decent bump when Trump won, but before he took office. Investors were excited about him as a pro-crypto president

    • gustofwind@lemmy.world
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      2 days ago

      Constant digital exposure to unprecedented propaganda combined with most people reading below a 6th grade level

      • jeffw@lemmy.worldM
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        2 days ago

        Not just the constant exposure but the failure of traditional media to maintain their influence leads to people being in echo chambers.

        • gustofwind@lemmy.world
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          2 days ago

          Traditional media was essentially purchased with intent to alter its fundamental purpose of delivering news to selling ads and ideas

          Many have been gutted or shuttered entirely as well

          Inevitability under pure cronyism