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re: A Yahoo Finance flash story popped up with columnist saying Trump’s tariffs would be worse

Posted on 9/18/24 at 10:46 am to
Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
68957 posts
Posted on 9/18/24 at 10:46 am to
I've noticed it's hard for you to walk yourself out of a corner of your own making. Not an observation specific to just this delightful (as always) encounter. More a general notice of your switch in tone and rhetoric when you get all huffy.

The day you feel comfortable saying something like "my bad I worded that poorly, what I'm trying to say is" will be a big day for you.

Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465469 posts
Posted on 9/18/24 at 10:50 am to
quote:

You are a free market guy. When the free market has a central bank who is the lender of last resort via "printing" (i.e. bond buying) entities within this market will ALWAYS be temped to use the lender of last resort and overspend.

Again, this is not responsive to my question/comment

quote:

Remove the LoR and remove the temptation and allow federal debt to be purchased at market prices which checks congressional spending based on what the economy can handle. It's a free market concept.

Again, nobody is arguing there isn't a theoretical path if you remove the Fed
Posted by GumboPot
Member since Mar 2009
138911 posts
Posted on 9/18/24 at 10:50 am to
quote:

My point is that reduced spending can be accomplished without removing the Fed.


That's like saying a chick on the TLC show My 600 Pound Life can lose weight with a Krispy Cream, Kookie Krumble and Dominos as their next door neighbor. Congress has proven time and time again with almost 100% results that they cannot stop using the Federal Reserve as their sugar daddy.

Remove the temptation and make congress live up to market conditions.

Posted by GRTiger
On a roof eating alligator pie
Member since Dec 2008
68957 posts
Posted on 9/18/24 at 10:55 am to
quote:

That would be incorrect on his part, if true.


Obviously

He could have left it at inflation being a lagging indicator without going full "I'm not an NPC, you are!" but I know he likes to needle when he starts to cook.
Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
465469 posts
Posted on 9/18/24 at 10:56 am to
quote:

Congress

*And the President
Posted by bluedragon
Birmingham
Member since May 2020
8938 posts
Posted on 9/18/24 at 10:57 am to
There is no honest way to describe the insanity of anyone who writes for YooHoo news. So insane, the only hard drink they are qualified for is the Chocolate Yoohoo soft drinks .....
Posted by alphaandomega
Tuscaloosa-Here to Serve
Member since Aug 2012
16635 posts
Posted on 9/18/24 at 11:02 am to
quote:

We don't have the workforce for unskilled, low wage, low benefit factory jobs making cheap bullshite anymore.


Sure we do. Abolish welfare and those people can do these jobs.
Posted by Blutarsky
112th Congress
Member since Jan 2004
11726 posts
Posted on 9/21/24 at 1:48 pm to
Same Yahoo Finance writer says that voters like Kamala’s economic plan over Trump’s.

What fricking plan?

This guy can put on a pair of concrete shoes and jump into the ocean. He’s nothing but anti-Trump and will make shite up every week.
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