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Started By
Message
re: PPI blows through expectations - over 3x higher than expected
Posted on 8/14/25 at 8:25 am to Mandtgr47
Posted on 8/14/25 at 8:25 am to Mandtgr47
quote:
A number that may or may not be correct, but is still 4 times lower that what Biden once had
Not surprisingly, y'all don't get it.
First of all, the number now may be a fourth of the highest number in Biden's range, but it's in the range of Biden's term, and the biggest problem is that it's going the wrong way.
Fast.
The last installment of these tariffs only finalized like three weeks ago. The first round what? Four months ago? Something like that?
What's happening is that the industries who can safely pass along their increased costs are doing it. Medical, dental, auto insurance, airline travel, landlords, etc. You have few substitute options with hose, and you have insurance for medical and dental.
Industries that have more competition in terms of substitute goods or that are more discretionary are waiting to pass along costs. They all want to be the last one of their competitors to do so because they want to retain as much market share as possible.
So it might even be early next year before you see the widespread effects. They may get along until then by laying off employees or utilize some other cost cutting measures.
But it's amazing to me that y'all still think Trump can avoid these easily predictable consequences of these tariffs...why? Just because he's Trump?
When you change an equation, the numbers have to balance out somehow.
The additional cost has to be paid by someone. It doesn't just evaporate magically.
It's going to come at a cost of layoffs or higher prices or some competitors no longer being able to compete, so they close. But it's going to get paid somehow.
4
Posted on 8/14/25 at 8:26 am to slackster
Whoever is reporting these numbers better update their résumé.
Posted on 8/14/25 at 8:28 am to wackatimesthree
quote:
What's happening is that the industries who can safely pass along their increased costs are doing it. Medical, dental, auto insurance, airline travel, landlords, etc. You have few substitute options with hose, and you have insurance for medical and dental.
Industries that have more competition in terms of substitute goods or that are more discretionary are waiting to pass along costs. They all want to be the last one of their competitors to do so because they want to retain as much market share as possible.
No bro the companies are just going to eat the tariffs and operate at a loss because they love America that much!
Posted on 8/14/25 at 8:28 am to Ingeniero
quote:
If this whole act gets other countries to lower their trade barriers, great. But in no way should these dumb arse tariffs be a lasting thing.
Yep.
That's what I have said from the beginning as well.
If Trump can bully other countries into dropping their tariffs, awesome, but I don't think he can.
Because they KNOW it won't be a permanent or even long term strategy.
From the beginning I have said that this is a game of cigarette lighter chicken. If Trump can stand the pain the longest, o.k., but it's no good for anyone to pretend that we aren't going to sustain damage while we're playing.
Posted on 8/14/25 at 8:28 am to wackatimesthree
quote:
But it's amazing to me that y'all still think Trump can avoid these easily predictable consequences of these tariffs..
Pure ignorance.
Saying long term/widespread tariffs cause higher prices isnt controversial, unless you live in the MAGA-sphere.
Posted on 8/14/25 at 8:28 am to SDVTiger
quote:
This will age well
kind of like roger's take on the stock market....remember when we would lose everything? Strangely, he has been quiet about the market for some time now. No doubt he sold off at the low because he was on here bleeding everyday about his $3k and his desire to buy a used 4 wheeler and Trump took that from him. He panicked, and sold, and now the market is up (I'm up over 20% on the year). Now, if the market takes a short-term correction of say 5%....he will be back on here sharing his vast knowledge about investing again. Dude is a jack of all trades. Who would have known he was also a Tariff expert, and an Economist.
Posted on 8/14/25 at 8:31 am to Mandtgr47
quote:
kind of like roger's take on the stock market....remember when we would lose everything? Strangely, he has been quiet about the market for some time now. No doubt he sold off at the low because he was on here bleeding everyday about his $3k and his desire to buy a used 4 wheeler and Trump took that from him. He panicked, and sold,
Youre a bigger liar than MoT.
And thats a pretty frickin high bar.
Posted on 8/14/25 at 8:33 am to slackster
quote:Albeit with Labor Force Participation Rates at 50 year lows and " recent college graduates searching for jobs are finding that practical degrees, work experience and even connections are no match for sluggish hiring."
Unemployment was just fine this morning too.
But, you be you.
Posted on 8/14/25 at 8:33 am to wackatimesthree
quote:
and the biggest problem is that it's going the wrong way. Fast.
Were you this concerned under Biden?
Seriously, we were way worse off. Why weren’t you guys storming DC if you care so much now?
Because you people are disingenuous.
Posted on 8/14/25 at 8:34 am to RogerTheShrubber
quote:
I dont understand how a grown man cannot see how open borders and free trade harm the citizen worker.
Posted on 8/14/25 at 8:34 am to RogerTheShrubber
quote:
Youre a bigger liar than MoT. And thats a pretty frickin high bar.
Black Monday!!
Posted on 8/14/25 at 8:34 am to NC_Tigah
quote:
Albeit with Labor Force Participation Rates at 50 year lows
Aging population, huge black market, lots of inheritance floating around.
Posted on 8/14/25 at 8:35 am to RogerTheShrubber
Does it have to be one or the other? If manufacturing comes back is that a bad thing? If America is hurt do to foreign countries such as China should Americans except the fact? If companies rather use our markets to sell into while our manufacturing suffers in lack of markets in foreign countries is forbidden or high tariffs imposed should America not take advantage of that? Is it acceptable to you that our medicine and medical supplies are done overseas and on a whim can be disrupted? If China had the upper hand right now do you think they wouldn’t threaten cutting off shipments of medicine if we didn’t do as they wanted? This isn’t a game of snowball fighting with children
Posted on 8/14/25 at 8:36 am to wackatimesthree
quote:
If Trump can bully other countries into dropping their tariffs, awesome, but I don't think he can.
they already have lowered them, prog.
This is a long-term FIX, not a short-term band-aid. You progs have a hard time with long-term, we know. I want someone to FIX the problems, not to use band-aids that we have to deal with again down the line.
I know, it is over your head. You and the other progs carry on with your circle jerk....even though there is no cause for it. It speaks volumes that you guys are waiting and praying and hoping that the country collapses. That's how sick you people are, and your "special" prog Roger is clearly excited...while those like you are playing the part. Enjoy it, because these days you don't have much to cheer about....and this won't be anything to cheer about either.
I'm still laughing at you saying inflations is at the Biden highs....lmao
Posted on 8/14/25 at 8:36 am to GumboPot
quote:
There are tariffs on services?
Read the whole thread and it will be explained to you.
I'll give you the Cliff's Notes right here: Services depend upon products in order to deliver their services. Like planes or trucks or buildings they have to rent. When it costs more to maintain/repair those products because we get steel and aluminum and car parts and medical supplies and lumber, etc., etc. from overseas, it costs them more to provide their services. Thus the price goes up.
Now I mean no offense by this, but those of you who need someone to explain that to you really have no business having any sort of opinion on these tariffs.
It means you are economically illiterate. That's o.k. and there's no shame in it...it doesn't mean you are stupid. I'm illiterate on many subjects myself. Nobody is knowledgeable about everything.
But it's really good to know your limitations.
Posted on 8/14/25 at 8:36 am to Nosevens
quote:
Does it have to be one or the other?
You have to have a goal, so what is the goal?
Originally it was to bring back mfg. But if prices dont rise, that aint gonna happen.
Whats the goal?
Posted on 8/14/25 at 8:38 am to slackster
Trumps Tariffs starting to affect pricing on wholesale items, it will hit retail next month. Fed doesn’t need to cut rates yet, may even need to bump it up next quarter if trend continues
Posted on 8/14/25 at 8:38 am to Mandtgr47
quote:
I'm still laughing at you saying inflations is at the Biden highs
I guess you have your own comedy show you wrote playing inside your head then, because I never said that. In fact I said the opposite.
quote:
they already have lowered them, prog.
Yeah. I said dropped. Not lowered.
You seem to have a reading comprehension problem.
As for the "prog" nonsense, I have a question for you. Who was the only other POTUS candidate in 2016 who campaigned on tariffs besides Trump?
Posted on 8/14/25 at 8:39 am to wackatimesthree
quote:
It's going to come at a cost of layoffs or higher prices or some competitors no longer being able to compete, so they close. But it's going to get paid somehow.
Isn’t that the ultimate point of these tariffs? The producer of the foreign-made product has to compete on price or else the consumer will find an alternative, preferably one made here.
Posted on 8/14/25 at 8:39 am to RogerTheShrubber
quote:
Youre a bigger liar than MoT.
dude, everyone on this board saw you daily bleeding all over the board about your $3k and Trump was costing you your used 4-wheeler. I'm not even going to pull the old threads from back then....waste of time...as everyone saw you posting daily about it. Turns out the market has gone up significantly since then, when you said the tariffs would destroy the market. At least own up, because most everyone in this thread remembers.
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