Thinking about tariffs has caused me a lot of dismay, anger.
I did not imagine that we were being taken advantage of. When I say we, I mean us, regular folks. The world governments and elitist have created a process to strip money and power from us, the tax payers.
I never imagined this was happening in such a concerned manner. Finding thi…
Thinking about tariffs has caused me a lot of dismay, anger.
I did not imagine that we were being taken advantage of. When I say we, I mean us, regular folks. The world governments and elitist have created a process to strip money and power from us, the tax payers.
I never imagined this was happening in such a concerned manner. Finding this out has made me realize that I need to be better educated.
Jeff and a number of C&C writers have helped me with this goal.
I still subscribe to Student News Daily (former homeschool mom) and in their background section of their coverage of the tariffs they included an interview of Trump by Oprah in 1988 in which he expressed outrage at how America was being ripped off because of our trade policies.
I'm hopeful for young Barron as well. Many early videos of Trump in his office and such show him with Barron as a child. Now he seems well put together and vastly mature for his age.
Right about that time Oprah wrote Trump a letter suggesting he run for president and she could be his number 2,or so rumor has it. I believe he included it in the coffee table book he published with all the "love letters" celebrities used to send him and the photos they clamored to get with him. That is before he ran as a republican.
"Anyone who wants to remain ignorant and free is expecting what never was and never will be". Thomas Jefferson. My favorite quote, So, hell yes. Knowledge is power, Why do you think it used o be illegal to teach a slave to read?, and why we are in this mess to start with?
Part of that knowledge being power thing... what they're not saying about tariffs is the impact of them on currency exchange rates. The strongest currency gains advantage when combined with tariffs. So while US tariffs rise the USD rises.
Which means the cost of imported goods goes down, purchasing power goes up. The increased tariff becomes a wash, net is negligible. The weaker currency exports are devalued, cost borne by exporter nation.
And if they respond with a tariff war, raise their own tariffs they just hurt themselves even more. It's a "tax" on citizens and businesses in foreign nations, not US citizens. A brilliant move by Trump. A FAFO move by Trump.
Media, academia, D's, Rino's (redundant) won't say this. But when you seek knowledge you learn this. Which is powerful.
What's hilarious about the Left and the MSM (i repeat myself) is they couldn't spell tariff, let alone define it. I mean by the way their talking you'd think it was a crime against humanity.
Let me sum up what they're really concerned about:
Slavery is profitable for the slaver. That is globalism. It's not a belief system or dogma...it's simply a financial weapon.
What the MSM or the so-called financial experts won't tell you is that productivity is the biggest driver of prices in a truly free market. We just happen to be the most productive country on earth based on the output of the individual worker. Tariffs will eventually drive prices down because it will disincentivize state-sponsored competition of our rivals.
That's what the plutocrats want:
Pitting American businesses against state-backed foreign rivals, subsidized by us (the tax payer)...talk about a perverse incentive.
Onshoring businesses will allow the invisible hand to lower prices after the market has adjusted because the more we manufacture the lower the price of each unit becomes to produce. All economist know this, but are unwilling to admit what everyone learned in economics 101:
Prices are subject to the law of increasing returns because capital costs are fixed, therefore the more we make; the more the cost is distributed across the system.
And that's what they fear:
Their money is made by INCREASING the cost across our domestic system.
This is what Obama and the rest of the Globalists meant by saying "a fundamental transformation of the economy".
I have a personal plan to weather what may come: stop buying crap I don't need and be a little more discerning on what I must buy. I looked at my Amazon orders lists and holy cow.....I can do much better. We are a consumer society for sure.
One of the fascinating aspects I find of this (though likely not a motivating factor and will also never be attributed to him) is that to buy less cheap crap from far away is actually a fundamentally responsible environmental practice. The more local your purchasing (for all countries), the better for your community and the planetary resources. And I would also love that there is diversity to travel again instead of the same stuff everywhere you go.
The talking heads (not the Talking Heads, who are cool) also take advantage of the fact that economics are complicated and multi-factorial and difficult for most to understand. You can pretty much tell people anything you want about what is surely going to happen economically, and "we" don't have the capacity to discern otherwise. That's why I'm in a posture of "Let's see how this plays out." It's impossible to forecast. Too many players on the board. Too many release valves.
"I am all in favor of going back to tariffs to fund the federal government. Either use them for leverage or cash flow. Increased tariffs reduce trade deficit, increase treasury revenue, decrease inflation, and increase savings. Tariffs are not the same as a sales tax that is added onto the cost for goods purchased. Tariffs will drive competition, just like prices in a free market. Countries will be fighting to compete and gain favor for lower tariffs to get market share over other countries. Done properly, this could lead to huge revenues and price reductions.
No taxes and just tariffs would be great for America. They would make it less expensive to make things in America. This would provide jobs. Tariffs will help to cut taxes but also are a long-term play. Americans may not have the patience to stomach the short-term pain of tariffs before the good results of tariffs down the road. If I had it my way, the federal government would get 100% of its revenue from tariffs and close the IRS immediately."
“ If I had it my way, the federal government would get 100% of its revenue from tariffs and close the IRS immediately."…… isn’t this exactly the intended plan? Eventually no income taxes and shutter the IRS for good?
America is 70% at least of all purchasing from Everywhere. We have always had the power to negotiate but the ogliarchs who have run our country into the ground make too much money off it.
Likewise! But beyond the tax issue, I think my gripe is that there is ABSOLUTELY NO VALUE received by the taxpayer. Looking at all these idiots raking in millions (via the rest of us). The utter govt waste. The fraud. No taxes can't come soon enough.
I've often said that if I had control of how my tax money is being spent and irrefutable proof that it is actually spent for the purposes I select, I wouldn't mind nearly so much paying taxes. But we don't have any control over how much or what our taxes are used for other than graft and fraud. It's sickening.
You’re close to bringing up the Triffin Dilemma. Everyone fearing the tariffs does not realize the horrible inflation we have had. This comes from being the worlds reserve currency. So our seemingly huge 401k’s don’t have nearly the purchasing power we need.
I first started to realize that my government was actually working against me during the Obamacare debate. It was perfectly obvious from the outset that many people were not going to be able to keep their doctors and their current health insurance plan; but we were bombarded with lies that many naturally believed. For millions of others, it was COVID. For more, the lies about Hunter Biden's laptop. Unchecked immigration, and the current push to bring back violent deportees, will surely sway many more Americans. Thank Goodness for Substack!
And who did Cash for Clunkers hurt most? The lower income /first time car buyer who couldn't afford a new car. All the sudden there was a dearth of cheap clunkers for sale and the few that were available doubled in price...it was a bad time to replace a car.
Another Democrat boondoggle that impacted those who could least afford it, like every green program that exists.
For me it was back-to-back Republican candidates John McCain and Mitt Romney! You've got to be kidding. The slander of S. Palin when I assumed normal people would all get behind her (Reps for her conservatism and Dems b/c she was a woman). Also, when I first heard Rush Limbaugh first-hand. He wasn't the devil he was painted to be. And his montages of the mockingbird media were spot on. His quote to, that, "It's not the crime, it's the accusation" (not ver batim). So many lights went on...
I’ve known the elites were robbing us blind but never knew specifics. Just think, they have started investigating how the likes of Biden and AOC type people in government become millionaires. Think you’re angry about tariffs?! You might want to think about some relaxation “meds” or techniques or such before you read anything about Biden/AOC’s rise to millionaire status.
Yes, I had to go outside of the free trade mindset and really look at what was going on here and my eyes have been opened. I did not imagine how much advantage other countries were taking of us in the current tariff setup before liberation day, and add to that are 36 trillion in debt and all that money flowing out to other countries for really stupid purposes via usaid that we didn't even know about beyond the usual foreign aid, and I'm asking: how was that supposed to work out?? The average person knows that's just not a sustainable way to handle one's finances.
Thinking about tariffs has caused me a lot of dismay, anger.
I did not imagine that we were being taken advantage of. When I say we, I mean us, regular folks. The world governments and elitist have created a process to strip money and power from us, the tax payers.
I never imagined this was happening in such a concerned manner. Finding this out has made me realize that I need to be better educated.
Jeff and a number of C&C writers have helped me with this goal.
I still subscribe to Student News Daily (former homeschool mom) and in their background section of their coverage of the tariffs they included an interview of Trump by Oprah in 1988 in which he expressed outrage at how America was being ripped off because of our trade policies.
Footage of Trump over the past forty years is impressively consistent. He has principles, in clear contrast to hypocritical politicians.
And compare that to past videos of Schumer, Bernie, Pelosi et al and see how they all changed their principles.
As Groucho Marx said, "Those are my principles, and if you don't like them...well, I have others." I guess that makes those Dems double-Marxists.
😂🎯
Their principles involve Lobbyist "influence$"
I'm hopeful for young Barron as well. Many early videos of Trump in his office and such show him with Barron as a child. Now he seems well put together and vastly mature for his age.
I have seen that clip of the young Donald. So thanks to Oprah, he has the receipts for his attitude.
Right about that time Oprah wrote Trump a letter suggesting he run for president and she could be his number 2,or so rumor has it. I believe he included it in the coffee table book he published with all the "love letters" celebrities used to send him and the photos they clamored to get with him. That is before he ran as a republican.
Garner: I saw the video. When did OW start hating Trump? She is so ‘80’s.
When he came down the escalator to run as a Republican.
"Anyone who wants to remain ignorant and free is expecting what never was and never will be". Thomas Jefferson. My favorite quote, So, hell yes. Knowledge is power, Why do you think it used o be illegal to teach a slave to read?, and why we are in this mess to start with?
Part of that knowledge being power thing... what they're not saying about tariffs is the impact of them on currency exchange rates. The strongest currency gains advantage when combined with tariffs. So while US tariffs rise the USD rises.
Which means the cost of imported goods goes down, purchasing power goes up. The increased tariff becomes a wash, net is negligible. The weaker currency exports are devalued, cost borne by exporter nation.
And if they respond with a tariff war, raise their own tariffs they just hurt themselves even more. It's a "tax" on citizens and businesses in foreign nations, not US citizens. A brilliant move by Trump. A FAFO move by Trump.
Media, academia, D's, Rino's (redundant) won't say this. But when you seek knowledge you learn this. Which is powerful.
Superb
👏🏻👏🏻👏🏻 Saw a meme:
“If tariffs are so awful, why do 170 countries impose them?”
....and why education is controlled by the State. Think about it.
That's brilliant!
What's hilarious about the Left and the MSM (i repeat myself) is they couldn't spell tariff, let alone define it. I mean by the way their talking you'd think it was a crime against humanity.
Let me sum up what they're really concerned about:
Slavery is profitable for the slaver. That is globalism. It's not a belief system or dogma...it's simply a financial weapon.
What the MSM or the so-called financial experts won't tell you is that productivity is the biggest driver of prices in a truly free market. We just happen to be the most productive country on earth based on the output of the individual worker. Tariffs will eventually drive prices down because it will disincentivize state-sponsored competition of our rivals.
That's what the plutocrats want:
Pitting American businesses against state-backed foreign rivals, subsidized by us (the tax payer)...talk about a perverse incentive.
Onshoring businesses will allow the invisible hand to lower prices after the market has adjusted because the more we manufacture the lower the price of each unit becomes to produce. All economist know this, but are unwilling to admit what everyone learned in economics 101:
Prices are subject to the law of increasing returns because capital costs are fixed, therefore the more we make; the more the cost is distributed across the system.
And that's what they fear:
Their money is made by INCREASING the cost across our domestic system.
This is what Obama and the rest of the Globalists meant by saying "a fundamental transformation of the economy".
I have a personal plan to weather what may come: stop buying crap I don't need and be a little more discerning on what I must buy. I looked at my Amazon orders lists and holy cow.....I can do much better. We are a consumer society for sure.
One of the fascinating aspects I find of this (though likely not a motivating factor and will also never be attributed to him) is that to buy less cheap crap from far away is actually a fundamentally responsible environmental practice. The more local your purchasing (for all countries), the better for your community and the planetary resources. And I would also love that there is diversity to travel again instead of the same stuff everywhere you go.
While I agree. I do find that some of the local stuff is from far away places.
I have been weeding stuff out as well. I am by no means extravagant but I can pare down
"productivity is the biggest driver of prices in a truly free market."
Production precedes consumption! Good insight
The talking heads (not the Talking Heads, who are cool) also take advantage of the fact that economics are complicated and multi-factorial and difficult for most to understand. You can pretty much tell people anything you want about what is surely going to happen economically, and "we" don't have the capacity to discern otherwise. That's why I'm in a posture of "Let's see how this plays out." It's impossible to forecast. Too many players on the board. Too many release valves.
This is not my beautiful life…. Same as it ever was.
Time to break the sameness of tariffs.
"I am all in favor of going back to tariffs to fund the federal government. Either use them for leverage or cash flow. Increased tariffs reduce trade deficit, increase treasury revenue, decrease inflation, and increase savings. Tariffs are not the same as a sales tax that is added onto the cost for goods purchased. Tariffs will drive competition, just like prices in a free market. Countries will be fighting to compete and gain favor for lower tariffs to get market share over other countries. Done properly, this could lead to huge revenues and price reductions.
No taxes and just tariffs would be great for America. They would make it less expensive to make things in America. This would provide jobs. Tariffs will help to cut taxes but also are a long-term play. Americans may not have the patience to stomach the short-term pain of tariffs before the good results of tariffs down the road. If I had it my way, the federal government would get 100% of its revenue from tariffs and close the IRS immediately."
https://shorturl.at/SU89t
“ If I had it my way, the federal government would get 100% of its revenue from tariffs and close the IRS immediately."…… isn’t this exactly the intended plan? Eventually no income taxes and shutter the IRS for good?
Taxes were designed after WW2 to bring the country back from economic collapse. Why do we still have them today? Greed and deep state pocket lining
Indeed it is. I wrote this 2 months before any info was out. The founding fathers cats were some smart dudes.
America is 70% at least of all purchasing from Everywhere. We have always had the power to negotiate but the ogliarchs who have run our country into the ground make too much money off it.
I’m ready for NO TAXES!
Likewise! But beyond the tax issue, I think my gripe is that there is ABSOLUTELY NO VALUE received by the taxpayer. Looking at all these idiots raking in millions (via the rest of us). The utter govt waste. The fraud. No taxes can't come soon enough.
I've often said that if I had control of how my tax money is being spent and irrefutable proof that it is actually spent for the purposes I select, I wouldn't mind nearly so much paying taxes. But we don't have any control over how much or what our taxes are used for other than graft and fraud. It's sickening.
You’re close to bringing up the Triffin Dilemma. Everyone fearing the tariffs does not realize the horrible inflation we have had. This comes from being the worlds reserve currency. So our seemingly huge 401k’s don’t have nearly the purchasing power we need.
There is just one thing.
Some of them don't accept our meat or grain due to use of pesticides.
If we want to sell our crops we need to stop poisoning them.
It would be great for us as well.
Absolutely. Europe is into some woke, retarded stuff.
But on food quality they're right on the money.
GMO food is highly restricted in the EU and even Russia and beyond.
I first started to realize that my government was actually working against me during the Obamacare debate. It was perfectly obvious from the outset that many people were not going to be able to keep their doctors and their current health insurance plan; but we were bombarded with lies that many naturally believed. For millions of others, it was COVID. For more, the lies about Hunter Biden's laptop. Unchecked immigration, and the current push to bring back violent deportees, will surely sway many more Americans. Thank Goodness for Substack!
And...remember Cash for Clunkers? And then all the chipped cars show up?
And who did Cash for Clunkers hurt most? The lower income /first time car buyer who couldn't afford a new car. All the sudden there was a dearth of cheap clunkers for sale and the few that were available doubled in price...it was a bad time to replace a car.
Another Democrat boondoggle that impacted those who could least afford it, like every green program that exists.
For me it was back-to-back Republican candidates John McCain and Mitt Romney! You've got to be kidding. The slander of S. Palin when I assumed normal people would all get behind her (Reps for her conservatism and Dems b/c she was a woman). Also, when I first heard Rush Limbaugh first-hand. He wasn't the devil he was painted to be. And his montages of the mockingbird media were spot on. His quote to, that, "It's not the crime, it's the accusation" (not ver batim). So many lights went on...
Please see this. https://montanarcc.substack.com/p/trumps-liberation-day-tariff-program
Thanks for sharing
Great substack. I shared it.
Thoughts
https://shorturl.at/OXi1R
I am learning, this helps
And check out this VERY sharp guy:
https://www.youtube.com/watch?v=x0alGvV0Sjc
I’ve known the elites were robbing us blind but never knew specifics. Just think, they have started investigating how the likes of Biden and AOC type people in government become millionaires. Think you’re angry about tariffs?! You might want to think about some relaxation “meds” or techniques or such before you read anything about Biden/AOC’s rise to millionaire status.
Yes, I had to go outside of the free trade mindset and really look at what was going on here and my eyes have been opened. I did not imagine how much advantage other countries were taking of us in the current tariff setup before liberation day, and add to that are 36 trillion in debt and all that money flowing out to other countries for really stupid purposes via usaid that we didn't even know about beyond the usual foreign aid, and I'm asking: how was that supposed to work out?? The average person knows that's just not a sustainable way to handle one's finances.
You might enjoy this to help understanding why the tariffs aren’t going to bring jobs back home.
https://www.youtube.com/watch?v=594yN8rxIJo