TARIFFS

[IVE GOTTA PACKAGE 4U]

An there was a run on the banks, which was another cause

Because they couldn't print money.

 

[Jkloc420]

Because they couldn't print money.

yes

 

[IVE GOTTA PACKAGE 4U]

eco omy was smaller back tben

It was smaller bit they had the same problem that we had in 2008 and 2009. Too much debt, and easy credit.

 

[IVE GOTTA PACKAGE 4U]

yes

That's why the local banks printed National notes because no cash money was available. Obviously we haven't learned anything from history.

 

[Wally]

Is China letting US goods in at the same tariff rate?

 

[Jkloc420]

That's why the local banks printed National notes because no cash money was available. Obviously we haven't learned anything from history.

watch it is a wonderful life

 

[newfie]

View attachment 247950
Buchanan has a fatal flaw in his argument. Consumers can’t just buy the same goods from American manufacturers at a lower price. For one they don’t exist and secondly a tariff raises the market price to accommodate the tariff. American sellers just raise their price to the new normal after the tariff and pocket the difference.

All that sounds impressive but has not come to pass with the first round of tariffs. Inflation continues to be low and buying continues to be robust

 

[IVE GOTTA PACKAGE 4U]

watch it is a wonderful life

The stock market crash of 29 was very similar to the housing bubble.

 

[IVE GOTTA PACKAGE 4U]

All that sounds impressive but has not come to pass with the first round of tariffs. Inflation continues to be low and buying continues to be robust

Inflation is "low" because the government lies about it. You see what you bring home every month and you see how much your cost of living goes up. I guarantee you that you are paying way more than 2% for things this year versus last year

 

[Jkloc420]

Inflation is "low" because the government lies about it. You see what you bring home every month and you see how much your cost of livoli goes up. I guarantee you that you are paying way more than 2% for things this year versus last year

Actually im paying about the same orice

 

[Jkloc420]

Inflation is "low" because the government lies about it. You see what you bring home every month and you see how much your cost of livoli goes up. I guarantee you that you are paying way more than 2% for things this year versus last year

@Future is still buying is 18 pack of mich ultra 2

 

[newfie]

Yeah, ain't it great how Republicans are always all about the pain and the punishment? And if politicians want less stuff made in China to be sold in the US, maybe they should talk to American manufacturers who have moved their manufacturing over there! China didn't "make" then do it!

Hell, ask Trump -- his stupid MAGA hats are made in China. And Ivanka's ty fashion products (or did she go ahead and move her manufacturing to Ethiopia, because they are easier to exploit?)

You're drooling, wipe your chin

 

[newfie]

Do you really believe that?

r.

Yes

 

[newfie]

Is China letting US goods in at the same tariff rate?

Higher

 

[Rutherford B Hays]

It was smaller bit they had the same leoblpro that we had in 2008 and 2009. Too much debt, and easy credit.

That may be the worst attempt at spelling "problem " I have ever seen in my life......
Congratulations
You got the ob right

 

[newfie]

Inflation is "low" because the government lies about it. You see what you bring home every month and you see how much your cost of livoli goes up. I guarantee you that you are paying way more than 2% for things this year versus last year

Beer is still the same, I still look for deals on groceries. I don't buy high end sports clothes or shoes.

I am paying more for gas which is not in the index

 

[Wally]

Higher

That is a problem. Make them fair.

 

[Jkloc420]

i dont buy milk either because it gives me the s

 

[IVE GOTTA PACKAGE 4U]

All that sounds impressive but has not come to pass with the first round of tariffs. Inflation continues to be low and buying continues to be robust

 

[newfie]

I think the point I have not seen here is we don't buy items from a state sponsored grocery store. Many Chinese items are discretionary. You don't have to buy clothes or appliances or cell phones unless something goes up.
Our free market allows us many options to comparison shop.
There is no need for any of us to panic