re: Turns out supply side is keeping prices low to keep market share

You are correct and that is what non panicans projected back in April. Also supply is not constrained by unnecessary regulations to the levels it was under Joetato. The announcement yesterday is huge as even more regulations will be removed. People don’t realize the monetary cost on producers created by those regulations.

Also, remember that asshat Powell lowered rates last fall when we had a much higher inflation rate.

quote:

---

There’s little chance any public company will hurt investors by eating these costs but we’ll see.

---

Tariffs should be no business to the Fed. Money supply - is too tight or too lose or just right. That is it.

I don’t disagree that it helps those already established, that have market share. But to lay crony capitalism at Trumps feet is disingenuous. Just because he is righting the ship doesn’t mean the big corps haven’t been benefiting from corruption over the last 30 years. He comes along and puts free market principles into play that will ultimately benefit America, and you think the elitism is owned by him? Nah

quote:

---

Yeah well sorry, there is a new sheriff in town and it’s not business as usual

---

Crony capitalism is not business as usual? lololol

quote:

---

Regardless of how much doom and gloom you see in the future, it has not been proven out to be true, just the opposite

---

Yes, rewarding woke corporation that worked against you for decades will somehow turn out better!

"hey corporate bros, I know you've been ripping off consumers for decades and i'm gonna help you even more by stifling competition."

quote:

---

Foreign companies eating the price increase

---

quote:

---

Because he reads government CPI numbers and his goal is 2% inflation. The CPI is above 2% right now. When CPI gets below 2% he will cut.

---

Why do we even need Powell then?

Let's save some money. I'll read a single number and adjust the rates accordingly for $50k a year. And I'll cancel the renovation.

quote:

---

shite you were just saying the customers will pay it all.

---

Huh?

Where did I say that customers will pay it all?

The $250m company where I work produces internally 85% of our products and purchased for sale the other 15% (based on sales dollars). Of the 15%, roughly 80% of those type products sold in the US comes from overseas. Out of the 85%, we have a few foreign-sourced components, but that is a small part of our business. About two years ago, we moved from any sourceing from China. From the other sources (e.g., Vietnam, Cambodia, etc.), we have negotiated with our suppliers and they are absorbing roughly half or more of the tariffs. So - some is being paid by American's who choose to buy foreign-made products while much of it is being absorbed by the foreign companies wanting to keep getting access to the American consumer.

As with the other negotiations Trump is making, the world wants access to our markets. In the past, when tariffs "did not work," the buying-power of American citizens was not so great and companies only moved manufacturing over here in order to be more price-competitive on high-ticket items (e.g., cars). NOW...they are promising investments in America to have this access WITHOUT tariffs. I personally did not think it would be effective and held my breath...right now, it would appear that Trump was right.