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posted 4 months ago by XBX_X 4 months ago by XBX_X +62 / -6
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– fauxgnaws 4 points 4 months ago +4 / -0

They'll raise prices on everything. It's basic economics 101. ... Even if one or two companies get their goods restricted because of increased tariffs, but 2 others don't, all of the companies will raise their prices.

The companies not tariffed will raise prices initially while they increase production to replace tariffed now-too-expensive goods then price war with each other to lower prices.

In the short run, higher prices and more jobs, in the long run prices return to near prior levels except made in America with new, modern equipment.

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– ApexVeritas 2 points 4 months ago +2 / -0

The companies not tariffed will raise prices initially while they increase production to replace tariffed now-too-expensive goods then price war with each other to lower prices.

Are you not familiar with the monopolies and trusts going on in several economic sectors, which are no longer being punished by our government, because the politicians are "lobbied" by those sectors? There's some "competition" in a small way, but overall prices always, always go up. That was my main point, because this inflation is being caused by bankers. You guys are trying to tackle a massive problem by going after the branches, not the roots.

In the short run, higher prices and more jobs,

Are you unaware how long it takes a large company to shift manufacturing? This has been decades in the making, ever since NAFTA and globalism took root hard in the 90s under Clinton. Factories cost millions of dollars just to build, sometimes upwards of a billion, and take years to make. Trump's "solution" won't be solved in his term. While that doesn't necessarily make it wrong, it will absolutely just cause prices to inflate further for the next 4 years, and if any milquetoast right winger or Democrat gets into office next, it'll all be undone, and the suffering was for nothing, like how most of politics is. Until those factories are built, there won't be "more jobs". It'll just be higher prices.

in the long run prices return to near prior levels except made in America with new, modern equipment.

Prices will never, ever go down if malicious banking practices aren't stopped/solved. The U.S. dollar has lost over 99% of its value since the implementation of the Federal Reserve in 1913, and wages haven't kept up with inflation since Nixon took us off the last vestiges of the gold standard in 1971.

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▲ 2 ▼
– fauxgnaws 2 points 4 months ago +2 / -0

Are you not familiar with the monopolies and trusts going on in several economic sectors ... You guys are trying to tackle a massive problem by going after the branches, not the roots.

How much of the economy are monopolies that also compete with other countries? Hardly any of it. A monopoly that could raise prices due to tariffs could raise prices anyway because they're already being protected from foreign competition, for instance by the military having to buy domestic components.

Are you unaware how long it takes a large company to shift manufacturing?

A high-tech semiconductor fab only takes a few years here, even with our red tape, and lots of manufacturing requires much less time to set up. The Chinese can do it in weeks; we can too if we want to.

Prices will never, ever go down if malicious banking practices aren't stopped/solved.

That's a completely different issue and obviously I was talking about adjusted dollars.

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– ApexVeritas 1 point 4 months ago +1 / -0

How much of the economy are monopolies that also compete with other countries? Hardly any of it. A monopoly that could raise prices due to tariffs could raise prices anyway because they're already being protected from foreign competition, for instance by the military having to buy domestic components.

I don't think you're fully grasping the scope of corruption we're facing, and that corruption pervades the corporate sphere just as much as the governmental sphere. It's corporations that lobby government to open borders, mass migrate cheap foreign labor, push women into the workforce, and outsource jobs to cheap foreign markets. The government and economic oligarchs are all in bed with each other. There are smaller domestic companies that have to compete with these mega corps that do all of this globalist bullshit, yes, but most corporations, regardless of size, would still gladly accept cheaper labor, and many tacitly defend it.

These companies aren't "competing" with each other across the globe. They're the ones that argued for that globalization and enacted it. They're the ones that outsourced and imported foreigners. They're not "competing" with themselves here, they're the ones benefiting off of globalism, and all large corporations do this. That's part of the trust, that they all do the same things for the same reasons, manipulating markets and screwing people over so the CEOs can make even more money.

A high-tech semiconductor fab only takes a few years here, even with our red tape, and lots of manufacturing requires much less time to set up. The Chinese can do it in weeks; we can too if we want to.

Years. Thank you. Years. Trump will be out of office before manufacturing comes back. So, all we're left with is higher prices on an already shit economy.

That's a completely different issue and obviously I was talking about adjusted dollars.

It's the primary issue. It's the central, foundational, core issue that needs to be fixed, if anything else is to be fixed. The prioritization of money and profits, above all other considerations, is the heart of the issue. This is why modern banks are so evil, why usury used to be forbidden in the Christian West, why we have so much inflation, why people can barely afford to eat now, whereas fathers used to support their entire family on a single income, why people can't afford to buy a house or retire, why corporations death spiral in "competition" chasing more and more miniscule pennies, why corporations lobby for our own ethnic replacement, because the foreigners are cheaper, why corporations use cheaper and cheaper ingredients and still sell as high as possible, why corporations build obsolescence into their products to design it to fail, turning us into perpetual consumers,......

All of this is downstream of banking and bankers, the very people that, through usury, money printing, and conjuration of money out of thin air, gain so much power over us, as they can buy our politicians and leaders, lording over entire economic sectors, subvert and corrupt entire nations, and even enact wars, all for their benefit.

Trying to improve the economy via a tariff war without fixing banking will not work.

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▲ 2 ▼
– fauxgnaws 2 points 4 months ago +2 / -0

I don't think you're fully grasping the scope of corruption we're facing,

You didn't answer the question, just vague 'it's all globalism all the way down'. Ok, whatever. That's meaningless.

Years. Thank you. Years. Trump will be out of office before manufacturing comes back.

It takes years for the most complicated tech manufacturing that need a clean room and operate on like angstrom scale. Cars maybe a year (but cars are already made here). Other stuff six months, easily doable in less.

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