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Posted on 4/3/25 at 9:33 am to BCreed1
This has always been their down fall to using the term socialism. They are the Hitler users.
Posted on 4/3/25 at 9:35 am to Jjdoc
quote:
This has always been their down fall to using the term socialism.
Define socialism for us.
Traditionally, it's been defined as some system of government intervention (up to ownership of industry) in markets to redistribute wealth more evenly in society.
But if you have a different definition, feel free to use your own version.
Posted on 4/3/25 at 9:40 am to SlowFlowPro
I will use yours.
Socialism = tariffs
Anybody pushing them are socialist.
Our nation has always used tariffs.. there we are socialists.
Socialism = tariffs
Anybody pushing them are socialist.
Our nation has always used tariffs.. there we are socialists.
Posted on 4/3/25 at 9:40 am to Jjdoc
So you prefer an economic system of government intervention and wealth redistribution? 
This post was edited on 4/3/25 at 9:41 am
Posted on 4/3/25 at 9:43 am to BugAC
quote:
Tariffs make sense in a world of predatory mercantilism
Correct.
The classical laws of economics are derived from the basis that individual agents can EITHER BUY OR SELL. and the resulting system is optimized through this process with multiple agents.
But in reality at the nation state level. Agents can BUY, SELL, OR SHOOT YOU.
Posted on 4/3/25 at 9:44 am to SlowFlowPro
Stick to the topic and complete it before moving on.
That's your stance. That the USA, due to tariffs, has always been socialist.
That's your stance. That the USA, due to tariffs, has always been socialist.
Posted on 4/3/25 at 9:45 am to BugAC
quote:
Under a system of predatory mercantilism, allowing free access to our markets can reduce global output – because it drives efficient domestic producers out of business and concentrates production in politically favored industries abroad, often those with lower productivity or higher environmental and human costs.
This right here is what has been going on for 30+ years.
Anyone with an iota of real world experience has seen it and only the dime store economists and those relying on a chapter from a high school history book would suggest otherwise.
Posted on 4/3/25 at 9:50 am to SlowFlowPro
quote:
If we're making shite up, no.
That's literally what a hypo is. Is English your second language ?
Posted on 4/3/25 at 9:51 am to Flats
quote:
Wrong, the discussion is about whether or not a trade deficit is inherently bad. A lot of you seem to think it is.
it's like adam smith has become anathema...
interesting times we live in, i guess
Posted on 4/3/25 at 9:53 am to Jjdoc
quote:
Stick to the topic
Define socialism.
Posted on 4/3/25 at 9:54 am to Turbeauxdog
quote:
That's literally what a hypo is.
Hypos can be grounded in reality or not. You're trying to use ones not, while I'm sticking to reality.
Posted on 4/3/25 at 10:23 am to dgnx6
quote:
Link to high inflation and a market crash?
oh, so you are like... retarded? I would say check your portfolio balance, but you do not strike me as someone who has a portfolio.
Posted on 4/3/25 at 10:44 am to Bunsbert Montcroff
quote:
it's like adam smith has become anathema...
What???
Adam Smith emphasized in book IV of The Wealth of Nations, trade sometimes needs to be limited, not least because ‘defence is of much more importance than opulence’. It is not much use being prosperous if one is not free, and therefore security threats are good reasons to forego economic opportunities. According to Smith, it was perfectly justified to burden foreign traders for the encouragement of domestic industry when this was needed.
He supported the protectionist Navigation Acts (mainly directed against the Dutch).
Posted on 4/3/25 at 10:45 am to SlowFlowPro
quote:
Define socialism.
You did. Tariffs are Socialism.
So yes, you do believe that. It's your words. You also believe that the USA has always been socialist.
Posted on 4/3/25 at 10:45 am to BigGreenTiger
quote:
oh, so you are like... retarded? I would say check your portfolio balance, but you do not strike me as someone who has a portfolio.
I have a large portfolio and I checked it. Doesn't have shite to do with the future of this nation.
Posted on 4/3/25 at 10:45 am to BugAC
quote:
‘Liberation Day’ is when America stops pretending the global trading system resembles a textbook model
Its hilarious to watch the little people stomp all over factual academic materials.
No wonder yall are terrified of Juan taking your jerbs.
Posted on 4/3/25 at 10:48 am to RogerTheShrubber
quote:
Its hilarious to watch the little people stomp all over factual academic materials.
Like Adam Smith?
Posted on 4/3/25 at 10:56 am to BCreed1
quote:
I have a large portfolio and I checked it
no you dont and no you did not. If you did, you would have noticed that the dow is down 1300 points today alone and we are off 11% from market highs.
Posted on 4/3/25 at 11:06 am to BigGreenTiger
quote:
no you dont and no you did not.
LMAO.. I do and I did. And guess what I am doing today? BUYING!
quote:
If you did, you would have noticed that the dow is down 1300 points today alone and we are off 11% from market highs.
Has shite to do with the future of this nation.
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