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Tariffs

Ron Burgundy said:
I'm a car guy. Total gearhead.
IMO it is unlikely that China will make inroads to the U.S. car market because of our crash protection and emissions standards. It would require too much of an investment in quality. Remember how well the Yugo worked out here.
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On a side note, I hope Trump knows what he’s doing. My TSP is down roughly $26,000 since he started his tariff war. It was doing pretty well prior.
 
Sarge said:
On a side note, I hope Trump knows what he’s doing. My TSP is down roughly $26,000 since he started his tariff war. It was doing pretty well prior.
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It'll be alright.. If the slide wasn't now then the crash will have happened in a year or two. No way we can keep going down the same highway we've been on that led us to 37T in debt.
 
JMM said:
It'll be alright.. If the slide wasn't now then the crash will have happened in a year or two. No way we can keep going down the same highway we've been on that led us to 37T in debt.
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Well, it may not be alright. Trump is being thwarted by the courts at nearly every turn. They’ll destroy the country to keep Trump from doing what HAS to be done. It’s mind boggling. I don’t understand any of this. It makes no sense. Do people honestly think we can keep doing what we’re doing indefinitely? With no consequences? Really?

We absolutely have to stop spending and borrowing and printing and handing out money like some damn pin-free ATM. How there is any remotely sane person that doesn’t understand that makes no sense to me. These people will destroy their own lives and the lives of every American for what? There will be nothing left worth anything. It’s nothing short of ridiculous at this point.
 
Sarge said:
Well, it may not be alright. Trump is being thwarted by the courts at nearly every turn. They’ll destroy the country to keep Trump from doing what HAS to be done. It’s mind boggling. I don’t understand any of this. It makes no sense. Do people honestly think we can keep doing what we’re doing indefinitely? With no consequences? Really?

We absolutely have to stop spending and borrowing and printing and handing out money like some damn pin-free ATM. How there is any remotely sane person that doesn’t understand that makes no sense to me. These people will destroy their own lives and the lives of every American for what? There will be nothing left worth anything. It’s nothing short of ridiculous at this point.
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Whelp, there are no guarantees as you know, but all we can do is hang in there and keep on keeping on. There's a lot more people who think the same than the media, etc will ever acknowledge. The monster is not going to go down without a fight and it's not going to be easy seeing those retirement funds we worked so hard to build go away but if we hang in there we'll be back on solid footing as opposed to the quicksand we've been on for years
 
Thoughts from a scholarly American gentleman:
 
Confluence said:
Thoughts from a scholarly American gentleman:
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Too bad they only used part of the video. The rest where he talks about the tariffs in a vacuum part was omitted as well as where he talks about resetting trade and cutting expenditures is also missing. With the video in it’s ENTIRETY it tells a completely different story.

Almost as if this was an agenda driven selectively edited hit piece
 
Sarge said:
Well, it may not be alright. Trump is being thwarted by the courts at nearly every turn. They’ll destroy the country to keep Trump from doing what HAS to be done. It’s mind boggling. I don’t understand any of this. It makes no sense. Do people honestly think we can keep doing what we’re doing indefinitely? With no consequences? Really?
.
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They are willing to destroy everything because they hate Trump, it’s as simple as that NOTHING else matters.

The comical portion of this is that those least likely to survive a total crash are the ones pushing for the crash
 
MT~Forged said:
Too bad they only used part of the video. The rest where he talks about the tariffs in a vacuum part was omitted as well as where he talks about resetting trade and cutting expenditures is also missing. With the video in it’s ENTIRETY it tells a completely different story.

Almost as if this was an agenda driven selectively edited hit piece
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can you link the entire interview?
 
JMM said:
Whelp, there are no guarantees as you know, but all we can do is hang in there and keep on keeping on. There's a lot more people who think the same than the media, etc will ever acknowledge. The monster is not going to go down without a fight and it's not going to be easy seeing those retirement funds we worked so hard to build go away but if we hang in there we'll be back on solid footing as opposed to the quicksand we've been on for years
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Problem is, if people get hit hard enough without seeing any kind of rebound or light at the end of the tunnel, you can kiss the midterms goodbye and in turn the Trump agenda. Most folks are not patient enough to wait it out, as we’ve become a society seeking instant gratification. Never mind gas is down 60 cents and eggs have dropped roughly 25% since Trump was inaugurated. **** just costs too much as a whole and if adding to it through tariffs isn’t a VERY short term venture, there will be electoral consequences. Americans prove it nearly every election cycle.
 
Sarge said:
Well, it may not be alright. Trump is being thwarted by the courts at nearly every turn. They’ll destroy the country to keep Trump from doing what HAS to be done. It’s mind boggling. I don’t understand any of this. It makes no sense. Do people honestly think we can keep doing what we’re doing indefinitely? With no consequences? Really?

We absolutely have to stop spending and borrowing and printing and handing out money like some damn pin-free ATM. How there is any remotely sane person that doesn’t understand that makes no sense to me. These people will destroy their own lives and the lives of every American for what? There will be nothing left worth anything. It’s nothing short of ridiculous at this point.
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It's called "Modern Monetary Theory". It's what college students are being taught these days by their Communist professors.
There is no need to balance taxes with spending, you just spend whatever you want and print more money as needed. Simple.
Wikipedia explains:
 
Troglodyte said:
Again, it’s not Trump, it’s them. Dear leader is right no matter what. You’re in a cult.

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You are the only one saying that you idiot. We know he isn't perfect. We know not everything will work as intended every time. Particularly with hateful sycophants like you drooling with hatred over every word he says no matter what it is. The left will do everything in its power to destroy Trump no matter what the cost to the Country. Republicans are not much better. Trump IS NOT THE PROBLEM, your irrational and illogical hate is, and it is reflected in everything Dems do. Unlike both the established political bases Trump would rather fix the Country than worry about who does it. He would gladly work with the Democrats if they would come to the table and stop the irrational hate.
 
Ron Burgundy said:
It's called "Modern Monetary Theory". It's what college students are being taught these days by their Communist professors.
There is no need to balance taxes with spending, you just spend whatever you want and print more money as needed. Simple.
Wikipedia explains:
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Thanks Ron.

That certainly looks like a description of MP and FP where the government believes it can issue debt at will. It seems to try to describe flow/motion in a relative way compared to the Austrian absolutes. It seems to give the state "God-mode" in reserve banking, and fits well with currency valuation being relative.

This worldview squares with the past 15+ years of global debts and monetary flows; wonder what happens in a real crisis time? Also, this assumes that central bank actions align with political goals, or at least does not speak to tensions caused by differing goals, like seems to be the case moving forward.

I'd like to understand the context of international monetary flows/currency better because of the new attempts to structurally inhibit these flows via tariffs. Since the central bank is the domestic flow regulator, understanding who controls their decision making is kinda important.
 
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Sarge said:
Well, it may not be alright. Trump is being thwarted by the courts at nearly every turn. They’ll destroy the country to keep Trump from doing what HAS to be done. It’s mind boggling. I don’t understand any of this. It makes no sense. Do people honestly think we can keep doing what we’re doing indefinitely? With no consequences? Really?

We absolutely have to stop spending and borrowing and printing and handing out money like some damn pin-free ATM. How there is any remotely sane person that doesn’t understand that makes no sense to me. These people will destroy their own lives and the lives of every American for what? There will be nothing left worth anything. It’s nothing short of ridiculous at this point.
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I truly believe that's their objective. Destroy the United States as it is. The judges are the new political weapon of choice. They're something most citizens don't pay very close attention to while voting. The appointed ones without a vote are political weapons with the sole purpose of serving whatever directives their political party tells them.

If they 100% had their way. We wouldn't have free speech,it would be highly censored and state controlled and we certainly wouldn't be allowed to own firearms.
The flooding the country with tens of millions of illegals was nothing more than an attempt to secure one party dominate rule by then making them citizens. That's the only logical conclusion I can come up with anyway.

They will/would be just like any other oppressive government in the history of the world. Probably worse since we tend to take things to the next level here.

We're just momentarily stalled in that march toward it.
 
SteelerInLebanon said:
You are the only one saying that you idiot. We know he isn't perfect. We know not everything will work as intended every time. Particularly with hateful sycophants like you drooling with hatred over every word he says no matter what it is. The left will do everything in its power to destroy Trump no matter what the cost to the Country. Republicans are not much better. Trump IS NOT THE PROBLEM, your irrational and illogical hate is, and it is reflected in everything Dems do. Unlike both the established political bases Trump would rather fix the Country than worry about who does it. He would gladly work with the Democrats if they would come to the table and stop the irrational hate.
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WTF are you talking about? The left and their justified hatred of Trump has absolutely nothing to do with the tarriffs and their impact on the world economy.
 
Confluence said:
Thanks Ron.

That certainly looks like a description of MP and FP where the government believes it can issue debt at will. It seems to try to describe flow/motion in a relative way compared to the Austrian absolutes. It seems to give the state "God-mode" in reserve banking, and fits well with currency valuation being relative.

This worldview squares with the past 15+ years of global debts and monetary flows; wonder what happens in a real crisis time? Also, this assumes that central bank actions align with political goals, or at least does not speak to tensions caused by differing goals, like seems to be the case moving forward.

I'd like to understand the context of international monetary flows/currency better because of the new attempts to structurally inhibit these flows via tariffs. Since the central bank is the domestic flow regulator, understanding who controls their decision making is kinda important.
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Because it worked so well in Venezuela and Post-WWI Germany.
Former Senator John Kerry explains:

 
Troglodyte said:
WTF are you talking about? The left and their justified hatred of Trump has absolutely nothing to do with the tarriffs and their impact on the world economy.
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It has everything to do with it you ******* simpleton. They called for the same damn thing 20 years ago. The only reason they oppose it now is to oppose Trump. Schumer was all for it as was Nancy Pelosi. Stop lying your *** off.
 

Confluence and Steelmann

Cry harder Snowbacks.
The tariffs are reciprocal and they will go away when Canadian Tariffs on our goods go away. We will have real free trade if you are not affraid of it.​

 
DBS1970 said:

Confluence and Steelmann​

​

Cry harder Snowbacks.​

The tariffs are reciprocal and they will go away when Canadian Tariffs on our goods go away. We will have real free trade if you are not affraid of it.​

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Dipshiit Ogur:
WTF do mean afraid of free trade?

Trump negotiated the Free Trade deal called USMCA, and signed it, to replace NAFTA, which replaced the Auto-Pact. It was not Canada's idea to include Mexico.

Was Trump 45 wrong then or is Trump 47 wrong now? Or was he correct both times and how the hell does that make sense?

WTF is a reciprocal tariff on a vehicle made in either Ontario or Michigan with literally the same American and Canadian parts?

Can you please point out the "Canadian Tariffs on your goods" that are hurting your sandy vag now? Pick one to illustrate your point, help me understand where the nasty Canadians hurt you.
 
SteelerInLebanon said:
It has everything to do with it you ******* simpleton. They called for the same damn thing 20 years ago. The only reason they oppose it now is to oppose Trump. Schumer was all for it as was Nancy Pelosi. Stop lying your *** off.
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Please do explain democrats calling for a trade war 20 years ago.
 
Steelr4evr said:
Things will always be exaggerated 10 fold with them. The scripted democrat controlled part of the media crack me up.
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Year to date the Dow is down 10%, however it's also 10% higher than it was on this date 3 years ago.
Anyone selling now will only lose more money as the market resets.
Just ride it out and hope, and I think that they will, China blinks first.
 
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