Why did tech drop so hard today this is a joke I entered mid November it’s a pure nightmare since then I perceive a completely different market then it is told online.
Trump is a great business man? How old are you? You must have missed his record in NYC and his trail of failed investments. Banks considered him a big ass risk. If you stick with your economic stuff and leave politics out f this you would have more people watching. Ciao.
Tariffs are NOT inflationary, that is absurd. Inflation only has one cause- the expansion of the money supply. To break it down further, a tariff is simply a tax. If import taxes cause inflation what about sales tax, income tax, property tax or corporate taxes? If tariffs are inflationary does that mean tax cuts are deflationary? Anyone telling you tariffs cause inflation is either uninformed or lying to you.
Sorry. You're conflating domestic taxes local , state and federal with tariffs. Tariffs are barriers, they tax non domestic manufacturers of specific industries and products. In game theory the taxes are then imposed by the other country upon our manufactures and their products causing scarcity or price increases. But there is a way out, if the economy expands (GDP) its way out of the tariff by the other country. Usually, progressive economics support long term policies for economic expansion, but I digress. The Tax Foundation, not known to be a Marxist org. Stated the following "The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs on thousands of products valued at approximately $380 billion in 2018 and 2019, amounting to one of the largest tax increases in decades."
6:08 interesting how GDP growth of 2% and slight increase on unemployment, these people are great magicians
Tariffs will only cause massive inflation! Get ready.
Why did tech drop so hard today this is a joke I entered mid November it’s a pure nightmare since then I perceive a completely different market then it is told online.
Nobody aint talking about nothing
Trump is a great business man? How old are you? You must have missed his record in NYC and his trail of failed investments. Banks considered him a big ass risk. If you stick with your economic stuff and leave politics out f this you would have more people watching. Ciao.
Tariffs are NOT inflationary, that is absurd. Inflation only has one cause- the expansion of the money supply. To break it down further, a tariff is simply a tax. If import taxes cause inflation what about sales tax, income tax, property tax or corporate taxes? If tariffs are inflationary does that mean tax cuts are deflationary? Anyone telling you tariffs cause inflation is either uninformed or lying to you.
Sorry. You're conflating domestic taxes local , state and federal with tariffs. Tariffs are barriers, they tax non domestic manufacturers of specific industries and products. In game theory the taxes are then imposed by the other country upon our manufactures and their products causing scarcity or price increases. But there is a way out, if the economy expands (GDP) its way out of the tariff by the other country. Usually, progressive economics support long term policies for economic expansion, but I digress. The Tax Foundation, not known to be a Marxist org. Stated the following "The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs on thousands of products valued at approximately $380 billion in 2018 and 2019, amounting to one of the largest tax increases in decades."