The co-founder of Dogecoin criticizes the Biden administration, calling its actions against Trump dictatorial
Dogecoin co-founder Billy Markus ("Shibetoshi Nakamoto") has criticized the U.S. Department of Justice (DOJ) on social media for its actions against Donald Trump and Elon Musk, likening their behavior to a dictatorship. He accused the Biden administration of using judicial resources to deal with political opponents, emphasizing that this practice is an abuse of power. Markus also responded to Vice President Kamala Harris's remarks about Trump weaponizing the DOJ, stating that the current government is already implementing similar strategies. In addition, he defended Musk, believing that negative media narratives have distorted public perception. Meanwhile, Cardano founder Charles Hoskinson also criticized Harris's comments comparing Trump to historical dictators as inappropriate.
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The final value of the US Michigan Consumer Sentiment Index for September dropped to 48.1, reaching a four-month low. Consumers expect inflation over the next year to be 4.6%, higher than last month's 4%. The expected annualized inflation rate for the next 5 to 10 years is 3.4%, the highest level since May. US gasoline and diesel prices have climbed, and mortgage rates have surpassed 7%. According to the survey leader, despite political differences, consumers unanimously believe the economic outlook has worsened.
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