Topic: Inflation

+Anonymous A — 7 months ago #67,127

You know what? I hope the tariffs on China, Mexico, and Canada lead to more inflation in America. Everyone else seems to think inflation is a bad thing, but you know what? I’m an independent thinker. Inflation is good.

+Anonymous B — 7 months ago, 2 hours later[T] [B] #667,370

The key is to not chase the fad of the moment. Diversify and work hard, it spreads the damage.

Right now I'm not regretting some consolidation loans I took out a few years back - money is worth much less, so I'll hopefully get some pay raises and pay them off with lunch money lol.

+Anonymous C — 7 months ago, 9 hours later, 12 hours after the original post[T] [B] #667,462

Trump backed down from the tariffs :/

+Anonymous D — 7 months ago, 3 hours later, 15 hours after the original post[T] [B] #667,476

@previous (C)
I didn't read the article but it looks like they promised to toss a few guards out there to watch their side of the border. Trump still got what he wanted I think.

+ᏧᏟ ᏓᏩᏙ — 7 months ago, 1 hour later, 17 hours after the original post[T] [B] #667,477

@OP
Haha,the consumer always pays the price for what American manufacturers have to import, so at least this will be a boon for the Chinese economy since all they have to do is ship their final product which will undercut the sales of "Made In America". There would be a market crash that would take a decade to recover from so there goes your 401ks. It would mean food shortages and rationing at higher prices. The unemployment numbers will also skyrocket. Of course, if you're of draft age and still support the madman and his seditious co-conspirators you could always enlist to kill Canadians, Mexicans and Panamanians. If it's just a mob-boss fake and no tariffs happen, other nations will still hold them accountable in some form or another. Congress and the courts surely won't betray their duty to regain some semblance of balance, but more immense suffering than planes falling from the sky awaits unless el jefe reigns in the technocrats. The next natural disaster is coming so better prepare for that.

+Anonymous F — 7 months ago, 9 hours later, 1 day after the original post[T] [B] #667,499

@667,476 (D)
> I didn't read the article but it looks like they promised to toss a few guards out there to watch their side of the border. Trump still got what he wanted I think.

Mexico sent 10,000 troops. Which sounds like a big number, but it’s really not. My university has 50,000 students, so my school is like 5x bigger than the number of soldiers Mexico sent to the border. Canada actually didn’t fold, they doubled up on Trump tariffs and enacted 25% tariffs on the United States in addition to the 25% tariffs Trump was going to impose on Canada.

·Anonymous F — 7 months ago, 3 minutes later, 1 day after the original post[T] [B] #667,500

@previous (F)
(Edited because I thought of a better analogy.)

The largest football stadium in the US can hold 100,000 people. So 10k people would be a football stadium that’s 90% empty.

(Edited 2 minutes later.)

+Anonymous G — 5 months ago, 1 month later, 1 month after the original post[T] [B] #673,587

Alabama households already have this problem after the pandemic : http://alabamareflector.com/2023/02/28/families-are-taking-a-hit-as-pandemic-aid-ends-inflation-continues