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Message
re: Trump will set price floors to combat China
Posted on 10/15/25 at 12:48 pm to armtackledawg
Posted on 10/15/25 at 12:48 pm to armtackledawg
quote:
I find AOC to be disgusting.
That makes this even funnier. Youre deep throating her economics
0
Posted on 10/15/25 at 12:48 pm to BTROleMisser
quote:
No prophecy is being fulfilled.
Its complete. Youre in here defending price controls, Comrade.
Posted on 10/15/25 at 12:51 pm to RogerTheShrubber
quote:
Typical mAGA, refusing to address the dysfunctional statement by trump.
Roger, I don’t think it is dysfunctional. I’m an old school Milton Friedman type conservative. Trade should be as free as possible in order to make Americans as rich as possible. But there are at least three things that have to limit that.
The first is that we cannot let other countries cheat, which is what China is doing. We can do it to let very poor countries have a chance to catch up and get out of poverty. Beyond that, we have to discipline them with tariffs or some other trade policy that disadvantages them.
The second is that we have to ensure that we are safe from being conquered or from having our freedom of trade attenuated. Adam Smith, himself, said this. So for example, we can’t let China corner the world’s rare earth minerals, as they almost have.
The third is that we have to take care that the gap between the rich and the middle class does not become so great as to lead to social instability.
Trade policies that are inspired by any of the three above will make us poorer, but they are nonetheless necessary. This is what Trump is getting at, but he is not speaking to an audience that can parse all of that, so he speaks a language they can get behind.
This post was edited on 10/15/25 at 12:53 pm
Posted on 10/15/25 at 12:52 pm to Penrod
quote:
Roger, I don’t think it is dysfunctional. I’m an old school Milton Friedman type conservative
then answer this.
When have price controls worked?\
\
Since they dont work, why do you want them now?
This post was edited on 10/15/25 at 12:53 pm
Posted on 10/15/25 at 12:53 pm to RogerTheShrubber
quote:
frick that dude. He's Liz Warren in orange paint.
Just take comfort in the fact that if Biden did this the board would totally have the same reaction
Communism to own the libs!
Buying stake in public companies
TrumpRX
This
This post was edited on 10/15/25 at 12:54 pm
Posted on 10/15/25 at 12:54 pm to thejuiceisloose
quote:
Just take comfort in the fact that if Biden did this the board would totally have the same reaction
100%
They bashed Obama for his tariffs that didnt work. Now they deep throat them.
Its a cult, there are no objective values left in MAGA. Its "Whatever Trump says."
Posted on 10/15/25 at 12:55 pm to thejuiceisloose
Biden nor anyone he employed could even conceptualize the complex economic and foreign policy going on right now. If he tried this I would hate it even more than this, yes, but that's because there would be no hope that him and his ilk wouldn't absolutely frick it up. They'd probably make china better off.
We're at least dealing with profesional adults now, which I'm thankful for daily.
We're at least dealing with profesional adults now, which I'm thankful for daily.
This post was edited on 10/15/25 at 12:56 pm
Posted on 10/15/25 at 12:55 pm to thejuiceisloose
quote:
Buying stake in public companies
TrumpRX
This
I think they want to be the former Soviet Union.
Posted on 10/15/25 at 12:56 pm to RogerTheShrubber
quote:
I think
Ehh, we're working on it.
Posted on 10/15/25 at 12:56 pm to RogerTheShrubber
quote:
RogerTheShrubber
I think you’ve made it clear you don’t support this idea. So, why is your plan to fix the China problem?
I’ll hang up and listen.
Posted on 10/15/25 at 12:58 pm to Darth_Vader
quote:
So, why is your plan to fix the China problem?
You're asking a guy who takes a siphon to live in Alaska.
Posted on 10/15/25 at 12:58 pm to Darth_Vader
quote:
So, why is your plan to fix the China problem?
If China is subsidizing your purchases, they will be bankrupt long before we will and you are the winner in this situation.
Combine that with their former one child policy and real estate dysfunction, they have already destroyed themselves.
Trumps policies will hurt American consumers far more than Chinese, and we do not have the stomach for it, unlike the Chinese.
The only way to "level the playing field" is to destroy American wages.
This post was edited on 10/15/25 at 1:00 pm
Posted on 10/15/25 at 12:59 pm to RogerTheShrubber
quote:
then answer this.
When have price controls worked?
They have very recently worked to allow China to corner markets such as rare earth materials.
But what do you mean by “worked”? Worked to do what? China is not using them to make Chinese people richer; they are using them (subsidies, really, which are the other side of the same coin) to gain market share as a prelude to economic war.
Normally when we refer to price controls we are referring to capping prices. These are price floors, correct? Really these are subsidies, not price controls?
Posted on 10/15/25 at 1:02 pm to Penrod
quote:
They have very recently worked to allow China to corner markets such as rare earth materials.
Huh?
Thats some creativity right there.
Posted on 10/15/25 at 1:03 pm to RogerTheShrubber
quote:
If China is subsidizing your purchases, they will be bankrupt long before we will and you are the winner in this situation.
Combine that with their former one child policy and real estate dysfunction, they have already destroyed themselves.
All this is true in the absence of war. War is what they intend, though. We can rest assured that the Chinese have studied economics at least as much as you and I. The Chinese plan to build their military to the point that we cannot attack them, then start using their monopolies to force us into treaties that favor their economic outcome. We will have to eat those shite sandwiches because otherwise they will deprive us of phones, cars, or whatever. You argue that they will be hurt too, but they have a more docile population. They will eat the sandwich; we will not.
Posted on 10/15/25 at 1:04 pm to Darth_Vader
quote:
I think you’ve made it clear you don’t support this idea. So, why is your plan to fix the China problem?
China isn’t a problem for Roger. He welcomes the day we are all subjects of folks like Xi.
Posted on 10/15/25 at 1:05 pm to RogerTheShrubber
quote:
Thats some creativity right there.
China is doing things at a loss in order to gain market share. I really don’t know where to go with this because your response had no content. I don’t know with what you disagree.
Posted on 10/15/25 at 1:06 pm to RogerTheShrubber
quote:
Trumps policies will hurt American consumers far more than Chinese
This is not necessarily true, and probably not true at all depending on what you mean by hurt. It will hurt us differently, but it will definitely hurt China.
quote:
and we do not have the stomach for it, unlike the Chinese.
The chinese have the stomach for a lot of pain, considering the ones who feel it have no choice. That's the problem.
Posted on 10/15/25 at 1:07 pm to RogerTheShrubber
quote:
Since they dont work, why do you want them now?
You are ignoring my response to this in which I explained how they are working for China. I made a good faith effort to answer you, free from ad hominem attacks, and you are responding flippantly and with no actual points.
Posted on 10/15/25 at 1:08 pm to Penrod
quote:
I really don’t know where to go with this because your response had no content. I don’t know with what you disagree.
Bro...I felt that
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