Anonymous wrote:Anonymous wrote:And here comes the ceding to china layoffs...
https://bsky.app/profile/nycjayjay.bsky.social/post/3lu6g5zyvl42m
Yes, UNTIL things are made in the USA and not in China, you will see prices of certain goods moving up.
That's the whole point of tariffs. For the signal by consumers to manufacturers to make things in the USA. Then renewed price discovery takes place.
Or, we could just give in to the trojan horse which is China, which constantly steals our IP, dumps product and runs our manufacturing out of business.
You didn't get the memo on what this was all about?
Anonymous wrote:Anonymous wrote:Anonymous wrote:And here comes the ceding to china layoffs...
https://bsky.app/profile/nycjayjay.bsky.social/post/3lu6g5zyvl42m
Yes, UNTIL things are made in the USA and not in China, you will see prices of certain goods moving up.
That's the whole point of tariffs. For the signal by consumers to manufacturers to make things in the USA. Then renewed price discovery takes place.
Or, we could just give in to the trojan horse which is China, which constantly steals our IP, dumps product and runs our manufacturing out of business.
You didn't get the memo on what this was all about?
Unless we're opening a bunch of sweatshops in the U.S., those prices will stay high. There is a reason we get stuff from China--It's cheaper than making it here. Maybe you skipped Econ 101?
Anonymous wrote:Anonymous wrote:And here comes the ceding to china layoffs...
https://bsky.app/profile/nycjayjay.bsky.social/post/3lu6g5zyvl42m
Yes, UNTIL things are made in the USA and not in China, you will see prices of certain goods moving up.
That's the whole point of tariffs. For the signal by consumers to manufacturers to make things in the USA. Then renewed price discovery takes place.
Or, we could just give in to the trojan horse which is China, which constantly steals our IP, dumps product and runs our manufacturing out of business.
You didn't get the memo on what this was all about?
Anonymous wrote:Anonymous wrote:And here comes the ceding to china layoffs...
https://bsky.app/profile/nycjayjay.bsky.social/post/3lu6g5zyvl42m
Yes, UNTIL things are made in the USA and not in China, you will see prices of certain goods moving up.
That's the whole point of tariffs. For the signal by consumers to manufacturers to make things in the USA. Then renewed price discovery takes place.
Or, we could just give in to the trojan horse which is China, which constantly steals our IP, dumps product and runs our manufacturing out of business.
You didn't get the memo on what this was all about?
Anonymous wrote:And here comes the ceding to china layoffs...
https://bsky.app/profile/nycjayjay.bsky.social/post/3lu6g5zyvl42m
Anonymous wrote:Anonymous wrote:
markets are up because rising inflation increases the odds of Fed rate cuts in September.
Other way around. Markets are up (and yields are down) because softer than expected inflation data increases odds of a Fed Rate cut this year.
Anonymous wrote:Another day, another win for 47! Today the Treasury announced that June's revenues exceeded expenses for the first time since 2005.