Who voted for this?

[Contumacious]

The reason we get form Canada is BECAUSE it was most cost effective. Sure, you can disrupt this trade by shifting buy it elsewhere of producing it domenstically but in all those cases the efficiency is lowered.

You must go back to night school .........immediately if not sooner

 

[AntonToo]

You must go back to night school .........immediately if not sooner

Yep, you have nothing.

 

[Nostra]

I'm just trying to figure out who the hell voted for Trump specifically so he can put in place broad tariffs against our biggest trading partners.

I personally know many Trump voters, not a single one of them wanted any of this.

Hey AntonToo can you link us up to your thread whining about Biden imposing tariffs on China.

TIA.

 

[Toddsterpatriot]

Thats nice, but they are inflationary, as common reason and just about any economist including Milton would explain it to you.

Your stubborn denials based on nothing are confounding.

They aren't inflationary.
They don't increase the money supply.
Less money available for other goods means their prices go down.
Overall price levels do not increase.

Toyota prices increase, people buy fewer Toyotas and more Hyundais.
Steak prices increase, people buy less steak and more fish.
Without an increase in the money supply to allow all the prices to increase, not inflationary.

Sorry.

"Inflation is always and everywhere a monetary phenomenon"

 

[Toddsterpatriot]

Do you support higher interest rates (tightened monetary policy) to offset Trump's tarriff inflation?

This idea that that you can restrict money supply without any downsides is just an ignorant fantasy.

Do you support higher interest rates (tightened monetary policy) to offset Trump's tariff inflation?

Tariffs don't loosen monetary policy why would tighter monetary policy be needed as an offset?

 

[AntonToo]

They aren't inflationary.
They don't increase the money supply.
Less money available for other goods means their prices go down.
Overall price levels do not increase.

Toyota prices increase, people buy fewer Toyotas and more Hyundais.
Steak prices increase, people buy less steak and more fish.
Without an increase in the money supply to allow all the prices to increase, not inflationary.

Sorry.

"Inflation is always and everywhere a monetary phenomenon"

Simple example - if it suddenly costs 100% more to produce goods, will prices on goods increase?

You have to out on the fucking moon to say no, even if we would then transition to some cheaper consumption, it doesn't happen overnight and in many cases it takes years and years to shake things out.

Covid-19 disruptions were such example where supply and demand balance was suddenly thrown off and caused inflation to spike. Eventually equilibrium was mostly regained, but it was, and still is, painful. Trump now throwing in elective disruption on top of that is a really bad idea.

 

[IDIOCRACY]

I'm just trying to figure out who the hell voted for Trump specifically so he can put in place broad tariffs against our biggest trading partners.

I personally know many Trump voters, not a single one of them wanted any of this.

Thanks for the poll. I selected "Other" because this thread is tarded.

 

[AntonToo]

Do you support higher interest rates (tightened monetary policy) to offset Trump's tariff inflation?

Tariffs don't loosen monetary policy why would tighter monetary policy be needed as an offset?

Tarrifs increase price of goods, because they add cost to production and distribution - why do you suddenly refuse to listen to your favorite economist Milton Freidman?

If you combine it with increased interest rates then you will have economic slowdown, which will reduce demand, offsetting first order inflation from the tarrifs.

 

[Toddsterpatriot]

Simple example - if it suddenly costs 100% more to produce goods, will prices on goods increase?

You have to out on the fucking moon to say no, even if we would then transition to some cheaper consumption, it doesn't happen overnight and in many cases it takes years and years to shake things out.

Covid-19 disruptions were such example where supply and demand balance was suddenly thrown off and caused inflation to spike. Eventually equilibrium was mostly regained, but it was, and still is, painful. Trump now throwing in elective disruption on top of that is a really bad idea.

Simple example - if it suddenly costs 100% more to produce goods, will prices on goods increase?

All goods? Why?

Covid-19 disruptions were such example where supply and demand balance was suddenly thrown off

Production crashed and the Fed increased the money supply. Duh

Trump now throwing in elective disruption on top of that is a really bad idea.

Maybe, it still doesn't make it inflationary.

 

[Toddsterpatriot]

Tarrifs increase price of goods, because they add cost to production and distribution - why do you suddenly refuse to listen to your favorite economist Milton Freidman?

If you combine it with increased interest rates then you will have economic slowdown, which will reduce demand, offsetting first order inflation from the tariffs.

Tarrifs increase price of goods, because they add cost to production and distribution -

Sure do. Was the money supply increased, or did it hold steady?

If you combine it with increased interest rates

The money supply didn't increase, why are you increasing interest rates?

which will reduce demand,

The higher priced goods already reduced demand.

 

[AntonToo]

Tarrifs increase price of goods, because they add cost to production and distribution -

Sure do. Was the money supply increased, or did it hold steady?

If you combine it with increased interest rates

The money supply didn't increase, why are you increasing interest rates?

which will reduce demand,

The higher priced goods already reduced demand.

You increase rates to lower overall inflation to offset the increased prices.

Higher priced goods reduce demand, but people will still buy necessities at higher price regardless.

 

[BackAgain]

I'm just trying to figure out who the hell voted for Trump specifically so he can put in place broad tariffs against our biggest trading partners.

I personally know many Trump voters, not a single one of them wanted any of this.

That’s odd. He spoke about it a lot prior to getting elected.

Nobody believes anything you post, Antoinette.

 

[AntonToo]

That’s odd. He spoke about it a lot prior to getting elected.

Nobody believes anything you post, Antoinette.

You didn't asnwer the question.

Do you want broad tariffs on Mexico and Canada? Did you vote for THAT. Yes or no?

 

[Nostra]

Hey AntonToo can you link us up to your thread whining about Biden imposing tariffs on China.

TIA.

Guess not.

Seems we have exposed AntonToo as a raving hypocrite.

 

[BackAgain]

You didn't asnwer the question.

Do you want broad tariffs on Mexico and Canada? Did you vote for THAT. Yes or no?

I usually ignore the “polls” offered by you shitlib trolls.

I ignored yours, therefore.

 

[Toddsterpatriot]

You increase rates to lower overall inflation to offset the increased prices.

Higher priced goods reduce demand, but people will still buy necessities at higher price regardless.

Overall prices didn't increase, because the money supply didn't increase.

Higher priced goods reduce demand, but people will still buy necessities at higher price regardless.

Yes, but they'll buy less of everything else.

 

[AntonToo]

I usually ignore the “polls” offered by you shitlib trolls.

I ignored yours, therefore.

If only you'd actually do that and just ignore instead of wasting people's time with your useless, unconstructive troll posts.

 

[EvilCat Breath]

Now that Mexico and Canada have agreed to Trump's demands, there are no tariffs.

 

[AntonToo]

Overall prices didn't increase, because the money supply didn't increase.

How do you imagine stores could afford to not raise prices if the product costs them twice as much?

Do you understand what you are saying?

 

[AntonToo]

Now that Mexico and Canada have agreed to Trump's demands, there are no tariffs.

I'm still waiting for you to explain what Canada gave Trump except a big fat fuck-you.

Trump claimed it was a 1.3 billion border deal, but that deal was from December. So what is our gain for Trump riling up the markets and pissing off Canadians?