The market crash has begun
(twitter.com)
New here?
Create an account to submit posts, participate in discussions and chat with people.
You are viewing a single comment's thread. View all
Toast message
As much as I wish this were true, the timing is perfect for them. They've sold their houses before the bubble burst and are now sitting on cash. The only thing that will screw them is inflation, which Trump is doing his best to prevent.
Trump and the Federal Reserve are seemingly tackling both these angles: they're avoiding handing out money to people (the DOGE stimulus checks are not going to happen; they know it would be inflationary), and they refuse to drop interest rates. Simultaneously, thousands of federal employees being laid off should actually depress consumer prices slightly which will be offset by the implementation of tariffs, which would hopefully also stimulate domestic industries to create good jobs for Americans. Maybe this is all a well-planned thread-the-needle effort to transform the economy long-term without hurting it much in the short-term. But there is going to be a lot of public pressure to engage in inflationary actions, like lowering interest rates, because people want things that feel good in the short term. I guess we'll see if they can resist this pressure and if their plans are actually successful.
I'm absolutely fine (and advocate) for U.S. manufacturing to come back to the states, but my main criticism with how Trump is doing it is that it's too much too fast. It's taken us (the globalist jews) years to shift our manufacturing base overseas. It's going to take years to bring back manufacturing, and in the mean time all Trump is doing is just increasing prices on everything, which will exacerbate the problems of rampant inflation we're already seeing, where people can barely afford to eat and pay their bills. And, the next president that comes in can just undo everything Trump does, because most of the manufacturing plants won't be done before Trump's term ends.
Furthermore, the U.S. government operates at insane massive deficits, and that hasn't changed. The government hasn't been run off of taxation for a long while now. Taxation (or tariffs) can't fund the spending of the government. The government is being run off of money printing, usury, and fractional reserve banking. It's fake money from top to bottom. If that isn't fixed, nothing Trump does matters, because we're still going to see banks print infinity money, and we're still going to see inflation. If the economies tank, we'll definitely see less inflation (that we'd normally see otherwise), because reduced spending will reduce money circulation, which will reduce inflation, but we'll still see inflation necessarily because of the money printing.
This is what I don't see an answer to, and why I asked what I did above. It feels like there's something else going on that I can't quite put my finger on, and no one that's argued the pro tariff side (again, I don't necessarily disagree with it) has thus far adequately explained this.
Don't forget that the people in power regularly tank economies so they can destroy their competition (smaller businesses) and buy up assets on the cheap. They did this during Covid, and it was a several trillion dollar wealth transfer from the working poor/middle class to the rich. The laws helped push this, too, as they closed down small businesses while funneling people into larger businesses, which had the government on their side, and had the money to survive the economic downturn.
Fuel prices only partially contribute to inflation, as a cost of doing business, which tariffs will necessarily increase in the short term (next few years, before manufacturing is brought back, if at all).
Inflation is first, and primarily, caused by money printing. The bankers have printed trillions upon trillions of dollars, just in the last few years. We can see the direct result of what money printing and malicious banking has done to our currency. Since the implementation of the Federal Reserve in 1913, the dollar, which used to be mostly stable before that, has lost over 99% of its value. Empires or nations can't withstand that kind of monetary devaluation for very long.
"Tariffs".