TRUMP 2024

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Werewolf
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Werewolf
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Werewolf
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Oldsouljer said:

Werewolf said:

Beware of the US Senate's Genuis Act re Central Bank digital currency.bse



Heavily regulated stablecoins are just a backdoor CBDC and that HAS been legalized via the GENIUS Act. The holdouts who finally voted for it after meeting with Trump should have inserted an amendment making cash availability a stricture such that the Act becomes invalid in the event that ready cash availability is done away with.


Werewolf
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Civilized
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Werewolf said:




Cool, cool.

Now do the costs.
hokiewolf
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Nah, we're rich now
Werewolf
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killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.
hokiewolf
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Werewolf said:

killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.
wow, that's a lot of false assumption there. But I'm not going to be your straw man.

Please enlighten me how tariffs which are taxes we ultimately end up paying, provide national security. Also, it's proven over and over and over that tariffs cause inflation, so no. I don't want inflation.

I love the supply chain, especially the fully established one that takes years to unravel, and people like you pretending that manufacturing can just be picked up and moved.

Also were you've never explained to me what manufacturing you want to repatriate? How does making textiles - the primary manufacturing sector that moved overseas help with national security?

How does punishing American companies who have the best paying jobs in the US help the US economy?

Finally, what about the services industries in the US who are completely ignored by this dumb trade war. What are we doing to make sure those sectors aren't harmed? I know, we're doing nothing!
Werewolf
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Jimmy Carter's mother had a seat on the CFR.....amongst other info. Senior Executive Service and the Brits. CCP act of war with election interference is right around the corner.

https://rumble.com/v6wa40k-juan-o-savin-political-theater-ppn-7-15-2025.html
Werewolf
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i seem to recall you know nothing of the deindustrialization of the Midwest that occurred with the initiation of globalist trade with China and Mexico.
you would've been in diapers....u could have been 4-5 :-)
Oldsouljer
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Werewolf said:

killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.

I listened to Kudlow on Fox Biz on the way home tonight. He was carrying on about the tariffs and how no inflation surge had proved the skeptics wrong. I noticed no one mentioned to him that the big post-COVID dollar dump didn't immediately ignite inflation for at least a year after the $7 trillion stimulus. That said, I doubt the tariffs are inflationary but I do believe Powell isn't above stealth QEing and blaming the result on tariffs.
CALS grad
Werewolf
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Powell is one of the greatest enemies of the American sovereign.
Werewolf
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It was just another day at the office for #Sieve and #Gobbler's side.
Civilized
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Oldsouljer said:

Werewolf said:

killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.

I listened to Kudlow on Fox Biz on the way home tonight. He was carrying on about the tariffs and how no inflation surge had proved the skeptics wrong. I noticed no one mentioned to him that the big post-COVID dollar dump didn't immediately ignite inflation for at least a year after the $7 trillion stimulus. That said, I doubt the tariffs are inflationary but I do believe Powell isn't above stealth QEing and blaming the result on tariffs.

Why do you doubt the tariffs are inflationary?
Werewolf
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Werewolf
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What will the globalists do next to try to derail Trump's America First economy?

Werewolf
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Oldsouljer
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Civilized said:

Oldsouljer said:

Werewolf said:

killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.

I listened to Kudlow on Fox Biz on the way home tonight. He was carrying on about the tariffs and how no inflation surge had proved the skeptics wrong. I noticed no one mentioned to him that the big post-COVID dollar dump didn't immediately ignite inflation for at least a year after the $7 trillion stimulus. That said, I doubt the tariffs are inflationary but I do believe Powell isn't above stealth QEing and blaming the result on tariffs.

Why do you doubt the tariffs are inflationary?

1. Because up until now, they've always been blamed in part, via the Smoot-Hawley Act for the Great Depression, a highly deflationary event, and

2. According to Milton Friedman, "inflation is 'always and everywhere a monetary phenomenon' a problem of printing too much money.", and

3. Until that time of nearly a century ago, tariffs haven't been used in such a sweeping manner such that I believe it remains to be seen if they're inflationary or not.


CALS grad
hokiewolf
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It can be done without tariffs?!?!?! That's crazy talk

Werewolf
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John Brennan identified as part owner of building in Serbia that how's the servers involved in the 2020 election theft. Info provided by primary owner who has flipped.

The Fed will come down.

https://rumble.com/v6wag5g--jul-15-2025-juan-o-savin-w-jmc-epstein-psyop-russiagate-federal-reserve-wa.html
caryking
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Oldsouljer said:

Civilized said:

Oldsouljer said:

Werewolf said:

killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.

I listened to Kudlow on Fox Biz on the way home tonight. He was carrying on about the tariffs and how no inflation surge had proved the skeptics wrong. I noticed no one mentioned to him that the big post-COVID dollar dump didn't immediately ignite inflation for at least a year after the $7 trillion stimulus. That said, I doubt the tariffs are inflationary but I do believe Powell isn't above stealth QEing and blaming the result on tariffs.

Why do you doubt the tariffs are inflationary?

1. Because up until now, they've always been blamed in part, via the Smoot-Hawley Act for the Great Depression, a highly deflationary event, and

2. According to Milton Friedman, "inflation is 'always and everywhere a monetary phenomenon' a problem of printing too much money.", and

3. Until that time of nearly a century ago, tariffs haven't been used in such a sweeping manner such that I believe it remains to be seen if they're inflationary or not.


Best of my knowledge, I haven't ever said tariffs are not inflationary; however, I support the bolded as the real killer in our economy.

Just this week, we couldn't get 2 Pubs and 0 Dems to vote on rescinding just 9 billion dollars, from the budget. Now, I can understand some people not wanting to cut the funding for these areas; however, what areas would enough people support cutting?

Hokie, I know you will go to entitlements for real cuts…. Please don't! We have plenty of dollars that can be cut before tackling the big problem. Please offer up something else until we have no choice.
caryking
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hokiewolf said:

It can be done without tariffs?!?!?! That's crazy talk



Honda should just build in their own country. Their country needs the jobs and manufacturing. They are in worse shape than we are.
Civilized
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Oldsouljer said:

Civilized said:

Oldsouljer said:

Werewolf said:

killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.

I listened to Kudlow on Fox Biz on the way home tonight. He was carrying on about the tariffs and how no inflation surge had proved the skeptics wrong. I noticed no one mentioned to him that the big post-COVID dollar dump didn't immediately ignite inflation for at least a year after the $7 trillion stimulus. That said, I doubt the tariffs are inflationary but I do believe Powell isn't above stealth QEing and blaming the result on tariffs.

Why do you doubt the tariffs are inflationary?

1. Because up until now, they've always been blamed in part, via the Smoot-Hawley Act for the Great Depression, a highly deflationary event, and

2. According to Milton Friedman, "inflation is 'always and everywhere a monetary phenomenon' a problem of printing too much money.", and

3. Until that time of nearly a century ago, tariffs haven't been used in such a sweeping manner such that I believe it remains to be seen if they're inflationary or not.



1. That's kind of like saying "I couldn't feel the medicine's side effects because I died." The Great Depression had five or six core drivers that rocked spending, output, global trade, banking, etc. that each by themselves could have badly harmed the economy and all thrown together it was the atom bomb of economic outcomes.

Smoot-Hawley is widely considered to have worsened the effects by further contracting/cooling global trade. Absent a massive stock market crash, collapsed banking industry, and failed credit markets, the much more likely outcome today is simply higher prices. Yeah, if our tariffs (and the rest of the world's retaliatory tariffs) cause a big global recession, we may not see much inflation, but I don't think that's some desirable outcome or a ringing endorsement of tariffs achieving their goal.

2. Also Milton Friedman:
Quote:


"The benefits of a tariff are visible. Union workers can see they are 'protected.' The costs are spread over millions of consumerswho are unaware of how much they are paying."


Friedman clearly believed that tariffs act as a tax on consumers, raising prices on imported goods and reducing consumer choice. He often emphasized that the cost of protectionism is paid by the public, not foreign producers.

3. Sure, every situation is different but there's also no reason to think the fundamentals of these tariffs are different than all the other times countries levied them, considering the effects of those tariffs were basically uniformly to raise prices. That's just saying, "yeah, 10 times out of 10, x followed y, but this time it may be different." Yeah there's a chance but if you're in the business of probabilistically forecasting outcomes, what are you betting on?


Civilized
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caryking said:

hokiewolf said:

It can be done without tariffs?!?!?! That's crazy talk



Honda should just build in their own country. Their country needs the jobs and manufacturing. They are in worse shape than we are.


Their economy is in trouble due to depopulation from their almost total lack of immigration, ironically.
caryking
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Civilized said:

caryking said:

hokiewolf said:

It can be done without tariffs?!?!?! That's crazy talk



Honda should just build in their own country. Their country needs the jobs and manufacturing. They are in worse shape than we are.


Their economy is in trouble due to depopulation from their almost total lack of immigration, ironically.

That's a take…
hokiewolf
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Werewolf said:

What will the globalists do next to try to derail Trump's America First economy?


huh, I was told tariffs weren't taxes.
caryking
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Civilized said:

Oldsouljer said:

Civilized said:

Oldsouljer said:

Werewolf said:

killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.

I listened to Kudlow on Fox Biz on the way home tonight. He was carrying on about the tariffs and how no inflation surge had proved the skeptics wrong. I noticed no one mentioned to him that the big post-COVID dollar dump didn't immediately ignite inflation for at least a year after the $7 trillion stimulus. That said, I doubt the tariffs are inflationary but I do believe Powell isn't above stealth QEing and blaming the result on tariffs.

Why do you doubt the tariffs are inflationary?

1. Because up until now, they've always been blamed in part, via the Smoot-Hawley Act for the Great Depression, a highly deflationary event, and

2. According to Milton Friedman, "inflation is 'always and everywhere a monetary phenomenon' a problem of printing too much money.", and

3. Until that time of nearly a century ago, tariffs haven't been used in such a sweeping manner such that I believe it remains to be seen if they're inflationary or not.



1. That's kind of like saying "I couldn't feel the medicine's side effects because I died." The Great Depression had five or six core drivers that rocked spending, output, global trade, banking, etc. that each by themselves could have badly harmed the economy and all thrown together it was the atom bomb of economic outcomes.

Smoot-Hawley is widely considered to have worsened the effects by further contracting/cooling global trade. Absent a massive stock market crash, collapsed banking industry, and failed credit markets, the much more likely outcome today is simply higher prices. Yeah, if our tariffs (and the rest of the world's retaliatory tariffs) cause a big global recession, we may not see much inflation, but I don't think that's some desirable outcome or a ringing endorsement of tariffs achieving their goal.

2. Also Milton Friedman:
Quote:


"The benefits of a tariff are visible. Union workers can see they are 'protected.' The costs are spread over millions of consumerswho are unaware of how much they are paying."


Friedman clearly believed that tariffs act as a tax on consumers, raising prices on imported goods and reducing consumer choice. He often emphasized that the cost of protectionism is paid by the public, not foreign producers.

3. Sure, every situation is different but there's also no reason to think the fundamentals of these tariffs are different than all the other times countries levied them, considering the effects of those tariffs were basically uniformly to raise prices. That's just saying, "yeah, 10 times out of 10, x followed y, but this time it may be different." Yeah there's a chance but if you're in the business of probabilistically forecasting outcomes, what are you betting on?

Civ, name one country that didn't have some to severe tariffs on the US, prior to this tariff escalation. Now, I mean a country that is meaningful in the world economy. Perhaps there is one; however, I don't know who they are.

Also, look at these country's and find the ones that allow US companies to operate as free businesses there. Once you do, compare the punitive aspects to the free operating US businesses.

i could be completely wrong about this; however, I think some of the tariffs are based on the lack of true free markets within certain countries. Heck, "I'm not sure" you and I can start a business in China without giving 51% control to the China government.

Its my understanding that the lack of a true reciprocal free market has an aspect of this "so-called" war.

The latest deal with Indonesia has actually lowered the tariffs. I say this because we get a massive amount of our products out of Indonesia. So, this "so-called" war has been extremely positive for Stitch Golf!
caryking
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hokiewolf said:

Werewolf said:

What will the globalists do next to try to derail Trump's America First economy?



huh, I was told tariffs weren't taxes.

Call it what you want. It really doesn't matter. What matters is the long-term economic outcomes. 2026 and 2028 will paint the picture.

BTW, the more companies move their production away from the tariffs, the more your narrative fades away…. Yes, it will take some time; however, the long-term effect will be the real story.

are you a short or long thinker?
hokiewolf
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caryking said:

hokiewolf said:

Werewolf said:

What will the globalists do next to try to derail Trump's America First economy?



huh, I was told tariffs weren't taxes.

Call it what you want. It really doesn't matter. What matters is the long-term economic outcomes. 2026 and 2028 will paint the picture.

BTW, the more companies move their production away from the tariffs, the more your narrative fades away…. Yes, it will take some time; however, the long-term effect will be the real story.

are you a short or long thinker?

im someone who has seen the history of protectionist tariffs not work not only on the US but other countries. Argentina being a prime example.

Lets also stop ignoring that the President doesn't have the power to unilaterally apply tariffs on his whims.

Werewolf
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#Gobbler, checkers you're probably good at....
Werewolf
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There's that 17th letter again, and it's not even from Scavino ;-
Werewolf
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Biden's FBI was busy, feverishly at work.
SmaptyWolf
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Civilized said:

Oldsouljer said:

Civilized said:

Oldsouljer said:

Werewolf said:

killing you, LOL. You and #Sieve will celebrate in the streets when the 1st hint of inflation occurs. Could be a bump but it's targeted and somewhat supply chain and enemy/adcersary driven.

#Gobbler could care less about supply chain and national security....it's all secondary to that 5 cents on the dollar.

I listened to Kudlow on Fox Biz on the way home tonight. He was carrying on about the tariffs and how no inflation surge had proved the skeptics wrong. I noticed no one mentioned to him that the big post-COVID dollar dump didn't immediately ignite inflation for at least a year after the $7 trillion stimulus. That said, I doubt the tariffs are inflationary but I do believe Powell isn't above stealth QEing and blaming the result on tariffs.

Why do you doubt the tariffs are inflationary?

1. Because up until now, they've always been blamed in part, via the Smoot-Hawley Act for the Great Depression, a highly deflationary event, and

2. According to Milton Friedman, "inflation is 'always and everywhere a monetary phenomenon' a problem of printing too much money.", and

3. Until that time of nearly a century ago, tariffs haven't been used in such a sweeping manner such that I believe it remains to be seen if they're inflationary or not.



1. That's kind of like saying "I couldn't feel the medicine's side effects because I died." The Great Depression had five or six core drivers that rocked spending, output, global trade, banking, etc. that each by themselves could have badly harmed the economy and all thrown together it was the atom bomb of economic outcomes.

Smoot-Hawley is widely considered to have worsened the effects by further contracting/cooling global trade. Absent a massive stock market crash, collapsed banking industry, and failed credit markets, the much more likely outcome today is simply higher prices. Yeah, if our tariffs (and the rest of the world's retaliatory tariffs) cause a big global recession, we may not see much inflation, but I don't think that's some desirable outcome or a ringing endorsement of tariffs achieving their goal.

2. Also Milton Friedman:
Quote:


"The benefits of a tariff are visible. Union workers can see they are 'protected.' The costs are spread over millions of consumerswho are unaware of how much they are paying."


Friedman clearly believed that tariffs act as a tax on consumers, raising prices on imported goods and reducing consumer choice. He often emphasized that the cost of protectionism is paid by the public, not foreign producers.

3. Sure, every situation is different but there's also no reason to think the fundamentals of these tariffs are different than all the other times countries levied them, considering the effects of those tariffs were basically uniformly to raise prices. That's just saying, "yeah, 10 times out of 10, x followed y, but this time it may be different." Yeah there's a chance but if you're in the business of probabilistically forecasting outcomes, what are you betting on?




Of course our resident goldbugs probably skipped past the part where being on the Gold Standard was an even bigger factor in worsening the Great Depression than Smoot-Hawley. They seem to want to revisit all of our greatest hits. And, and of course they want to dismantle the Fed, the very institution that caused devastating deflation to become a distant memory.
Werewolf
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To rub a little salt in the wound of my #sheeple acquaintances here :-)

Werewolf
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Out to the trash bin with fiat currency and the globalist banker ponzi scheme!
USA, Inc corporate bankruptcy incoming.......but let's borrow some more beforehand (BBB).

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