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re: Trump says he will charge a 100% tariff to any country trying to replace the US Dollar
Posted on 11/30/24 at 1:13 pm to RogerTheShrubber
Posted on 11/30/24 at 1:13 pm to RogerTheShrubber
quote:
Yall are chasing ghosts.
China is a very real threat. Absurd to state otherwise
Posted on 11/30/24 at 1:14 pm to RogerTheShrubber
quote:
They are central planning as they are anti market
Ideobabble
Posted on 11/30/24 at 1:15 pm to JesusSaves777
quote:
“Muh free trade” idiots will sit and cheer as china guts our economy by flooding our market with cheap crap smh
"Merca' Fust" morons will cheer as Trump causes the prices on almost all goods to triple.
Posted on 11/30/24 at 1:16 pm to wackatimesthree
Must’ve forgot how he had china on a leash four years ago. All you fear mongers can sky scream
Posted on 11/30/24 at 1:16 pm to JesusSaves777
quote:
Ideobabble
Redarded lack of understanding.
Do you know what "deadweight loss" is?
Posted on 11/30/24 at 1:20 pm to RogerTheShrubber
Trumps tariffs ain’t gonna cause deadweight loss chief. Just like they didn’t last time. Yall don’t appreciate americas economic power
Posted on 11/30/24 at 1:20 pm to boomtown143
Wouldn't this also serve as a way to shut up the "Paid by Russia" trolls since Russia is a huge BRICS country? Win/Win in my opinion
Posted on 11/30/24 at 1:20 pm to JesusSaves777
quote:
Trumps tariffs ain’t gonna cause deadweight loss chief.
Posted on 11/30/24 at 1:25 pm to JesusSaves777
Maga is COUNTING on deadweight loss, Junior.
Your own people are.
Your own people are.
Posted on 11/30/24 at 1:26 pm to boomtown143
So fricking dumb.
Trump is no Milei, that's for sure.
And before anyone tells me Milei wants to dollarize, that is only part of the story. He wants currency competition.
Trump is no Milei, that's for sure.
And before anyone tells me Milei wants to dollarize, that is only part of the story. He wants currency competition.
Posted on 11/30/24 at 1:27 pm to wackatimesthree
quote:
"Merca' Fust" morons will cheer as Trump causes the prices on almost all goods to triple.
He’s willing to gamble that costs will go up enough to get manufacturers to onshore their production again. I’m not sold on that but I won’t dismiss it either as it will take years for it to happen. The problem is the years in between. That’s why I said “buckle up” on the first page. It can and will get ugly.
Posted on 11/30/24 at 1:28 pm to RogerTheShrubber
quote:
Maga is COUNTING on deadweight loss, Junior
Lol what meetings did you attend, junior
Posted on 11/30/24 at 1:30 pm to JesusSaves777
quote:
Tariffs can result in a deadweight loss, which is an economic loss caused by a new tax on a product or service. Tariffs encourage the deflection of trade to inefficient producers and smuggling to evade tariffs, which reduces welfare. Consumers lose more from a tariff than producers gain
Posted on 11/30/24 at 1:31 pm to GumboPot
quote:
Scary, isn’t it. No
Why is that?
Posted on 11/30/24 at 1:34 pm to boomtown143
I knew Roger would be melting like an ice cream sundae in hell before I even clicked on this thread
Trump is using tariffs as an economic weapon. He has laid it out pretty clearly how he intends to use them and phase them in as needed to get us back on the right track.
But once again, I’m sure Roger understands economics better than Trump.
Trump is using tariffs as an economic weapon. He has laid it out pretty clearly how he intends to use them and phase them in as needed to get us back on the right track.
But once again, I’m sure Roger understands economics better than Trump.
Posted on 11/30/24 at 1:35 pm to Figgy
quote:
He’s willing to gamble that costs will go up enough to get manufacturers to onshore their production again
Right. If there is enough profit, they'll return mfg but it will require permanent subsidies or as soon as tariffs are lifted, mfg disappears once more..
Low level mfg is inefficient in our country and requires constant subsides.
Posted on 11/30/24 at 1:35 pm to BeepBopBoop
quote:
It’s the power of the United States military
FIFY.
These endless conflicts that everyone bitches about are rooted in the Federal Reserve and the dollar being the world’s reserve currency. It’s a terrible, terrible policy that only benefits the state and those that control it. It is awful for everyone else. Truly getting rid of the ‘deep state’ means getting rid of the Federal Reserve and creating competing world reserve currencies.
Trump is wrong on this one.
This post was edited on 11/30/24 at 1:37 pm
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