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If you care about economics, here's a thread for you that explains what is happening well
Posted on 4/4/25 at 8:07 am
Posted on 4/4/25 at 8:07 am
6
Posted on 4/4/25 at 8:21 am to anc
Some folks are so tunnel visioned on tariffs that they miss the bigger picture. Ive posted several short vids that easily explain Trumps overall strategy, but some would rather run around screaming the sky is falling than simply perform some due diligence. Its pathetic.
Posted on 4/4/25 at 8:26 am to lake chuck fan
quote:\
Ive posted several short vids that easily explain Trumps overall strategy,
I can't find them. Post them again please
Posted on 4/4/25 at 8:39 am to lake chuck fan
quote:
bigger picture
It's a problem I've had with leftist logic for quite some time now...I mentioned this is a thread a couple days ago. Leftists reach a point in their "logic" that supports their position, and they stop. Never mind that there are problems arising from that point in the conversation, they just ignore them. I have yet to see a liberal on this board actually tackle what I call the "logical continuation" and address the problems that follow their stated position. FWIW, I would respect the hell out of any lib that did. But I'm not holding my breath.
Posted on 4/4/25 at 8:45 am to TD422
[embed]https://simplicius76.substack.com/p/trumps-liberation-day-another-pr[/embed] interesting read from simplicius. the world reserve currency and trillion dollar trade deficits and tariffs.
Posted on 4/4/25 at 8:50 am to anc
Honestly it seems an ingenious way to break some of the crony capitalism that’s been happening for 40 years. Someone finally offers real hope and what do the mind numbed robots do? The flip out.
As Rush might say: This is what pushback looks like folks
As Rush might say: This is what pushback looks like folks
Posted on 4/4/25 at 8:50 am to anc
quote:
Tariffs come in as a trigger for domestic industrial revival. The thinking is: by making imports expensive, you create room for U.S. producers to step in
quote:
So in the short term, consumers will face higher prices.
Someone needs to tell the "prices won't be affected" club
quote:
Steel, autos, and textiles are likely to benefit—industries that form Trump’s political base.
But tech, retail, and construction—sectors more reliant on imports—could take a hit, especially in swing states.
And my comment about taking from the more productive to fund the less productive is baked into the plan.
Posted on 4/4/25 at 8:54 am to anc
One thing about all this is that the country is having a debate.
We are talking, exploring, learning and that isn't a bad thing.
Posted on 4/4/25 at 8:55 am to TrueTiger
quote:
One thing about all this is that the country is having a debate.
I think some people are having a debate.
Lots of people are clinging to nothing more than manufactured talking points they've been fed via social media.
Posted on 4/4/25 at 8:59 am to Enadious
quote:
I can't find them. Post them again please
Here's one. There are many. The PBD podcast had good discussion about tariffs, yesterday or the day before.
Someone else posted a couple here yesterday.
Posted on 4/4/25 at 9:01 am to SlowFlowPro
You always believe “you” are having a debate and are winning. I have never met someone who “knows” so much while knowing so little
Posted on 4/4/25 at 9:01 am to anc
LOL...Trump would be slapping tariffs if the interest rate was zero and if we had no debt.
Posted on 4/4/25 at 9:03 am to Rip Torn
quote:
You always believe “you” are having a debate and are winning. I have never met someone who “knows” so much while knowing so little
Speaking of NPC talking points...
Posted on 4/4/25 at 9:06 am to SlowFlowPro
quote:Biden inflation baaad. We have the best inflation, don't we? People are saying its the best, but I don't know? That's what they're saying though.
Someone needs to tell the "prices won't be affected" club
Posted on 4/4/25 at 9:06 am to anc
Mar A Lago Accord
quote:
Being called the “Mar-a-Lago Accord,” it would involve several stages. First, the U.S. would try to force some foreign creditors, which hold large amounts of long-term Treasury notes, to trade them in for special extra-long-term Treasurys.
quote:
In theory, this could drive down interest payments on the federal debt, which last year topped $1 trillion annually for the first time. Eventually, interest would come due, but in 100 years, all the politicians responsible would be long-dead, having kicked the can down a full century.
quote:
Another aspect is the existing push on tariffs. The Trump administration wants to use them in the process of restructuring global trade and weaken the dollar, although they say outwardly that they want a strong dollar. The reason for a weaker dollar would be to reduce borrowing costs, as Jim Bianco, founder of research and analysis firm Bianco Research, told Bloomberg. If the dollar is worth less, so is the total debt.
Posted on 4/4/25 at 9:07 am to Enadious
This is one of PBD's...
Posted on 4/4/25 at 9:09 am to texas tortilla
quote:
[embed]https://simplicius76.substack.com/p/trumps-liberation-day-another-pr[/embed] interesting read from simplicius. the world reserve currency and trillion dollar trade deficits and tariffs.
Very interesting
Posted on 4/4/25 at 9:10 am to lake chuck fan
Posted on 4/4/25 at 9:12 am to lake chuck fan
quote:
some would rather run around screaming the sky is falling than simply perform some due diligence.
^^^^ Our country has become so pussified.
This post was edited on 4/4/25 at 9:15 am
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