Anonymous wrote:Yes, we're fckd. We have a decade of stagflation ahead while the endless wars/COVID money/tariff nonsense comes home to roost. Hopefully things will start to take off in real terms in about 2035.

Until then, this "never been better" S&P 500 is still just trying to catch up with inflation.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yes, there was some delay in the tariffs working their way through the supply chain. This is only the beginning. Even if they backtracked immediately, it's been baked in for months now.

Let’s face it. Even we avoided having new tariffs, retailers wouldve hiked prices anyways.

This. Retailers are price gouging and it's been proven time and again, since the egg crisis. It seems in nobody's interest to fight it since corporate greed is so strong (and enriching). Even Kamala vowed to fight it during her election-- but (and I don't say this often) she was in position to DO SOMETHING THEN as VP and the administration did not. Trumps a stainy POS. So I don't think any politician will really tackle this no matter what they say. They like the bribes too much.

Anonymous wrote:Trump was right about the problem - Americans are losing. When an American kid has no hope of going to a good university like Harvard, no hope of becoming a doctor - and if they become a doctor, they will work the same as if they were in a factory, with little autonomy and relatively low wages - and definitely no hope of working in the US's biggest industry (tech) - we have a problem. When US kids can't hope to buy a house, when we are a capitalist country with very few capitalists - we have a problem.

The problem started with allowing corporate consolidation so that small companies can't hope to compete and is only getting worse. The billionaires at the top of that consolidation aren't having money trickle down - they save it, keeping money from flowing through the economy.

We have the exact same economic policies as Calvin Coolidge did in the 1920s.
1. High tariffs
2. Low taxes on wealthy and corporations
3. Reverse immigration

By 1929, people became too poor to buy the goods the corporations were producing. That led to the Great Depression. These policies did not work then and they won't work now.

Anonymous wrote:

Anonymous wrote:

This. Retailers are price gouging and it's been proven time and again, since the egg crisis. It seems in nobody's interest to fight it since corporate greed is so strong (and enriching). Even Kamala vowed to fight it during her election-- but (and I don't say this often) she was in position to DO SOMETHING THEN as VP and the administration did not. Trumps a stainy POS. So I don't think any politician will really tackle this no matter what they say. They like the bribes too much.

I import goods from EU. The goods in the standard 40ft container I imported in May cost $226,000. In addition I had to pay $22,600 tariffs. So it cost me $248.6k instead of $226k.
Same container would cost me 226,000+33,900=$259,900 now.
Of course I'm forced to raise my prices.

It is ridiculous to claim I'm raising prices because of greed and that I would have raised them anyhow, tariffs or no tariffs.

Still nobody forces you to raise the price

Anonymous wrote:One of the Fed Governors resigned today. We will get a cut soon. Prices will go down measurably. Taxes too.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Stop whining. This is what winning looks like.

Senator Hawley is going to send every American $600 from the vast amount of tariff money the US has collected from the losers in other countries.

The fine print says it will arrive days after your 5,000 dollar DOGE check.

I am donating my tariff check to Trump’s re-election fund. The winnings will be even bigger in his third term!

Anonymous wrote:

This. Retailers are price gouging and it's been proven time and again, since the egg crisis. It seems in nobody's interest to fight it since corporate greed is so strong (and enriching). Even Kamala vowed to fight it during her election-- but (and I don't say this often) she was in position to DO SOMETHING THEN as VP and the administration did not. Trumps a stainy POS. So I don't think any politician will really tackle this no matter what they say. They like the bribes too much.

I import goods from EU. The goods in the standard 40ft container I imported in May cost $226,000. In addition I had to pay $22,600 tariffs. So it cost me $248.6k instead of $226k.
Same container would cost me 226,000+33,900=$259,900 now.
Of course I'm forced to raise my prices.

It is ridiculous to claim I'm raising prices because of greed and that I would have raised them anyhow, tariffs or no tariffs.

This. Retailers are price gouging and it's been proven time and again, since the egg crisis. It seems in nobody's interest to fight it since corporate greed is so strong (and enriching). Even Kamala vowed to fight it during her election-- but (and I don't say this often) she was in position to DO SOMETHING THEN as VP and the administration did not. Trumps a stainy POS. So I don't think any politician will really tackle this no matter what they say. They like the bribes too much.

Anonymous wrote:

Anonymous wrote:Prices are already higher and going to get even worse with Trump’s tariffs. Some retailers have now announced digital price tags in their stores that will allow them to change prices quickly and easily. Buckle up.

Yup!

The cat litter I buy, made in the USA, went up 50 cents.

Anonymous wrote:Prices are already higher and going to get even worse with Trump’s tariffs. Some retailers have now announced digital price tags in their stores that will allow them to change prices quickly and easily. Buckle up.

Anonymous wrote:

Anonymous wrote:I have been shopping online and in person recently and noticed huge price jumps on stuff that I have shopped for before. It’s horrifying. Is this the tariffs kicking in? Or is it something else?

For example an item that I want to buy for months is now twice the price at multiple vendors!

What on earth might be happening to cause that to be happening so consistently??

Anonymous wrote:One of the Fed Governors resigned today. We will get a cut soon. Prices will go down measurably. Taxes too.