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The markets are LOVING these tariffs

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After 2 straight years of 25+% gains I expected a falloff, but I didn't expect to lose 6 figures from my 401K in a week.

Trump promised to be a disaster, for anyone paying attention, and now he's over-delivering disasters.
Other than the border, he's managed to fvck up everything in just seven weeks.

Like nobody's ever seen before.
 
I just happened to watch to 30 on 30 episode on the USFL. By making it all about him, he ruined the league in less than a year.
Sound familiar?
 
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That’s different.
No, they'll just raise prices.
It is different, but everyone uses the words like they aren’t different. If Bulky buys 100 dollars worth of goods. Those same basket of goods increase to 110 because of tariffs. Bulky doesn’t get create 10 new dollars and continue buying the same amount of goods. Since, Bulky can’t create his own money, he will forced to consume less goods. Prices rise in some goods, but they’ll decrease in other goods as consumers are forced to cut back. Tariffs end up being disinflationary long term, because increasing taxes hurts growth.

An extreme example and assuming M2 didn’t increase. If the U.S. raised all taxes on businesses 200% over night would it be disinflationary or inflationary long term?
 
It is different, but everyone uses the words like they aren’t different. If Bulky buys 100 dollars worth of goods. Those same basket of goods increase to 110 because of tariffs. Bulky doesn’t get create 10 new dollars and continue buying the same amount of goods. Since, Bulky can’t create his own money, he will forced to consume less goods. Prices rise in some goods, but they’ll decrease in other goods as consumers are forced to cut back. Tariffs end up being disinflationary long term, because increasing taxes hurts growth.

An extreme example and assuming M2 didn’t increase. If the U.S. raised all taxes on businesses 200% over night would it be disinflationary or inflationary long term?

Yes a global depression will cure inflation. It'll be great.
 
It is different, but everyone uses the words like they aren’t different. If Bulky buys 100 dollars worth of goods. Those same basket of goods increase to 110 because of tariffs. Bulky doesn’t get create 10 new dollars and continue buying the same amount of goods. Since, Bulky can’t create his own money, he will forced to consume less goods. Prices rise in some goods, but they’ll decrease in other goods as consumers are forced to cut back. Tariffs end up being disinflationary long term, because increasing taxes hurts growth.

An extreme example and assuming M2 didn’t increase. If the U.S. raised all taxes on businesses 200% over night would it be disinflationary or inflationary long term?
Inflation or rising prices...do you think the distinction matters to all those lower income families some on this board were championing for the last four years? I mean, I bet they would understand if we explain that we are fighting Biden's inflation with Trump's higher prices due to tariffs. Let's ask them in a couple of months.
 
Economies love stability. This "we must overturn the applecart, disassemble it, burn it, scatter the ashes to the wind" probably isn't stability. So it isn't surprising some aspects of the economy isn't going well.

But here's the kicker, who wants to bet if there will be a stimulus if the economy tanks?
 
Economies love stability. This "we must overturn the applecart, disassemble it, burn it, scatter the ashes to the wind" probably isn't stability. So it isn't surprising some aspects of the economy isn't going well.

But here's the kicker, who wants to bet if there will be a stimulus if the economy tanks?
At which point all hope will be lost replaced one stupid administration with another
 
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Economies love stability. This "we must overturn the applecart, disassemble it, burn it, scatter the ashes to the wind" probably isn't stability. So it isn't surprising some aspects of the economy isn't going well.

But here's the kicker, who wants to bet if there will be a stimulus if the economy tanks?
I can’t decide if I believe Trump is smart enough to crash the stock market so he and his ilk can buy everything up. I can easily believe he’s malicious and greedy enough to. Smart enough? That’s a tough question.
 
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Economies love stability. This "we must overturn the applecart, disassemble it, burn it, scatter the ashes to the wind" probably isn't stability. So it isn't surprising some aspects of the economy isn't going well.

But here's the kicker, who wants to bet if there will be a stimulus if the economy tanks?
"It has to get worse before it gets better."

This is what Musk (and Trump?) said prior to the election and I assume this will be their slogan for four years. And.... most of their base will take their word for it.

And I agree with the stimulus. If anything, it gives them a reason to lower rates and declare that as a victory.
 
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"It has to get worse before it gets better."

This is what Musk (and Trump?) said prior to the election and I assume this will be their slogan for four years. And.... most of their base will take their word for it.

And I agree with the stimulus. If anything, it gives them a reason to lower rates and declare that as a victory.
We spent the last four years learning that stimulus contributed to inflation. Can’t remember which ignored dumbass kept posting that article. Their posts all look alike after a while. Anyway, what’s the over/under on posts from MAGAts complaining about stimulus when a fresh batch of Trump-signed checks go out?
 
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