Again..... text me when it happens. Johnny Arb will dance in the streets when BTC goes to $1M And Pek will do the same when it goes to $3200. No one knows.... and while a bit OT, this analogy of BTC's future price applies here too. So for now.... lets just see what happens.... and keep our minds open and void of the hypotheticals..... I'll let you know when when I feel a vibe. But it never happens with regards to stuff like this fwiw.
You're oversimplifying and reading too much into it. Tariffs are a tax on consumption as opposed to production. IOW, if you're taxed on income... it's a disincentive to work and produce. Not so with tariffs, if those taxes are too high you can opt out or substitute what you consume w/ something else. Ergo Trump's hope is, obviously, that people will shift to made in USA. I'd also keep in mind that... 1) wealthy widows exist and 2) the cause of poverty isn't solely attributed to lack of largess. All this said, don't shoot the ancap, free trading messenger. Just want to put things in proper context.
WE ARE A FUCKING REPUBLIC NOT A FUCKING DEMOCRATCY THAT IS WHAT IS WRONG WITH STUPID PEOPLE IN THE US THE LISTEN TO CNN AND DON'T DO THEIR OWN THINKING.
The United States, while basically a republic, is best described as a “representative democracy.” https://www.thoughtco.com/republic-vs-democracy-4169936 Time for you to go Thelma & Louise in your Bently.
I'm sorry to inform y'all but we're undergoing a transition like Russia in the late 90's when Vlad took over the remains of Russia. Remember when he got voted out (and Medvedev took his place), then he came back and "won" every election since, for 20 years and counting! And hasn't even aged. I'm not saying the current "Vlad" is the original one or a clone. No one can really tell. The Donald is an icon. His persona may well live on forever as an AI image.......