How about that stock market!

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harddriver said:
The Stock Market has been addicted to Quantitative Easing since 2008 and has only built bubble after bubble since........the real economy for main street has been declining ever since. Meanwhile 0% interest rates for over a decade benefited the 1% and kicked the can down the road with more debt.......

The interest on the US debt now exceeds what the country spends on National Defense as May 2024........

https://www.google.com/url?sa=t&sou...sQFnoECBkQAQ&usg=AOvVaw3QzFT4zDmk7uMoshAruQNm
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It also kept inflation at < 2% for a decade. Mortgage rates at 3%. Those days are gone.
 
JackTripper said:
Not a bet I'd make.
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Don't make it but as said it's Econ 101......



Normally in a regular economy as said at 2% inflation it would be unimaginable.



But as said given the record and historic high inflation under the previus administration this the current President to do so without the repercussions normally associated with raising tariffs.



So it helps fight inflation and also weakens the the dollar to attract even more foreign investment as is what the tariffs aim to do.




Its a 2 4 1 ^_^
 
Normally tariffs are inflationary but under these conditions they are deflationary as they drive demand down much like higher interest rates from the Fed.




This helps push inflation down along with weakening the dollar and bringing in more and more investment too.




It's just friggin brilliant as said and a real 2 4 1 deal.
 
The~Kid said:
Normally tariffs are inflationary but under these conditions they are deflationary as they drive demand down much like higher interest rates from the Fed.
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Tariffs are taxes on the US importer, paid to the US Treasury. The importer can absorb the tariff or pass it along to the consumer.

Even Walmart, the king of pushing back price shocks on suppliers, will pass along these tariffs. That was just made clear yesterday.

How is this not inflationary?
 
JackTripper said:
Absolutely, if you mean in a historical context.
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Yes but as said this isn't a normal economy under historical or modern times in that context.


Since the tariffs are bringing demand down they are a deflationary tool one can say along with higher interest rates the Fed has employed and is currently still employing.



Normally interest rates were never so high either and historically speaking in modern times but that is a normal now given historical high inflation.



I guess the only way to inact the tariffs successfully or with positive result is with historically high inflation to push demand down as the President is doing unknowingly to that effect in combo with high Fed interest rates aside from an incentive to bring investment into the country and other perks like tax cuts and such for those who invest in the country as well vs overseas.
 
JackTripper said:
Tariffs are taxes on the US importer, paid to the US Treasury. The importer can absorb the tariff or pass it along to the consumer.

Even Walmart, the king of pushing back price shocks on suppliers, will pass along these tariffs. That was just made clear yesterday.

How is this not inflationary?
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Der der der.....



Because it pushes demand down......



Bringing inflation down as a result........ normally you are correct in relation to prices but in this case it has the opposite effect given the effect on demand......




Econ 101.
 
The~Kid said:
Der der der.....



Because it pushes demand down......



Bringing inflation down as a result........ normally you are correct in relation to prices but in this case it has the opposite effect given the effect on demand......




Econ 101.
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You are only looking at one side. It also pushes down demand for products by US farmers, distillers, automakers, etc. as a result of reciprocity resulting in slowing US growth and higher unemployment. It's not a win-win.
 
JackTripper said:
You are only looking at one side. It also pushes down demand for products by US farmers, distillers, automakers, etc. as a result of reciprocity resulting in slowing US growth and higher unemployment. It's not a win-win.
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Yes it lowers demand in general......


That is the whole point of the Feds higher interest rates over the last 4 years..... to push demand down.



Tariffs seek to do the same, will do the same and also attract more business and investment into the States offsetting any net potential job loss and offer to bring more jobs than it takes and create as well without them.
 
You know what I want to say to teachers and well just useless people in most of administrative services in government and in general losing their jobs under Trump........



FUCK YOU...... everyone and every last bit of you worthless fucks......




FUCK YOU.........



Your useless and where were you when the Fed raised interest rates you fucking Assholes.....




Where the fuck were you........




You didn't give a fuck it affected demand..... you didn't care it would lose jobs for people.....



You didn't give a fuck because you were protected apparently from outside forces..... well guess what you ain't anymore and fuck you......




And this is actually good not just in general to raise standards of living but for the economy in general. I'm sorry we aren't all useless in some secure government job or other BS otherwise that derives from BS policies.....





FUCK YOU AND ITS OVER....... YOU LOST.
 
Monkey Man said:
Easy boy. :LOL:
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I get excited sometimes but yeah.....



I mean where were these dudes complaining about prices being raised or inflation........



Like 4-5 months ago....... now they care about high inflation and BS in general and these are the teachers, well to do folks and bagel eaters and BMW and Tesla owners on average........ who didn't care when job loses were going on due to high interest rates and high inflation as a result to combat it......



Now they care.........




All of a sudden they care about inflation and demand and stuff and how it affects the job market :dunno:
 
japetus said:
That's right The Kid! Stand up for the working man, the everyman that purchase $100 guitar cables and $40 patch cables! Viva La Resistance!!
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Well my cables are probably no better or worse than Mogami or the next leading brand......... that cost the same or more...... and my patches cost less than that and I have cables that cost much less than that too....


For a lot less next to their Flagship or most other fancy cables......



And well yeah I actually work and do things to make a dollar aside from that vs most of these people who sat back, done mostly nothing most of their lives in some secure government job or otherwise and are now all of a sudden complaining about how government policies are affecting the job market and consumers in a negative way......




Again mostly well to do people who can afford fancy cars and services and read the New Yorker.......



I mean why weren't they complaining the last four years?!?!? Now they are complaining?!?!?



All of a sudden these people are complaining :dunno:
 
Pretty much there is nothing fundamentally wrong with the economy in America......


Anyone who tells you otherwise is full of BS IMO.....The only problem with todays economy in America is the battle between WallStreet and MainStreet......And it's been good the last four years for WallStreet folks and the well to do people and it still is....... but the economy is favoring regular people now more and MainStreet.


I'm just sick and tired of hearing well to do woke people and those in administrative and government positions complain about the job market and the economy......


I mean your still well off and well to do....... just STFU and keep buying shit on Amazon Prime and keep driving your BMW/Tesla ...... sorry you can't afford to go to Hawaii this year I guess :dunno:
 
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