Comments by "antonyjh1234" (@antonyjh1234) on "Once markets realise Trump is serious about tariffs they will crash" video.

the wider aluminium industry supports the employment of 108,000 FTE jobs across the UK and the contribution of £9.4bn in GVA to the UK economy. The aluminium production sector alone accounts for £1.9bn in GVA and supports 16,500 jobs
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@MrMarinus18 In the Uk? 0.3% of the world total..
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Whatever you want to say about his style he is cleaning the swamp and may crash through to a different paradigm for those at the big end of town. If house's crash to 15k will the ordinary poor person be happy?
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If the government is water going into a bucket with their spending, taxes the hole in the bottom, tariffs increase the size of the hole. If we didn't tax anyone the bucket overflows with water (inflation) edit PS There is no if.
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@maplin007 Every single dollar in the world is based on debt, the govt and banks are negative zero, we try to stay above it, the resting place of all debt is zero. If all debt were paid back there would be zero money in the economy. Money does not build up in society, unless debt does.
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Prices of building going up 20 percent in the steel/aluminium portion, windfarms to the aluminium foil in your kitchen means different things for companies, publicly traded companies like aluminium and iron ore produces and miners. These companies have a certain margin of profit, let's say the margin of profit was 20%..What will happen to all the valuations to that company, they will go down. Most people who have worked have a portion of their incomes that are in the stock market, where I am half is in the stock market through superannuation/retirement funds.
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@maplin007 Is there more to this point?
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@maplin007 Well in this case the bucket is us, society, what more water does once it enters the bucket is inflate the prices of things inside the bucket, the more water that flows through a particular item and out the hole, the bigger it gets (price). What we have to understand is once the water passes through said item, the price is an indication of how much water has passed through it, not how much water is in the bucket, because of course that water has drained out the hole. All us little fishes have use this water to live but we don't control the bucket or the water or the size of the hole, and if you don't keep swimming will go out it too.
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@ PS "Well in this case the bucket is us, society, what more water does once it enters the bucket is inflate the prices of things inside the bucket, the more water that flows through a particular item and out the hole, the bigger it gets (price)." Prices of assets are not an indication of the money in society, they are an indication of the debt that passed through it.
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@johnmulligan912 As long as you understand taxes pay for no current government spending? That by you paying taxes as we are a debt based society, you are removing money from society? Third question, why are you happy removing money from the country and its inhabitants?
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@maplin007 Your first sentence doesn't make sense to me, your second does but not to the first. Are you replying to a post I posted to someone else? The govt does get money from the central bank, in fact all money being controlled by central banks we may as well say all money is from the central bank as debt. This debt is what we call money. If the govt gets money from the bank then all loans need to be paid back. Did you see my other post regarding the bucket?
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@maplin007 It is easier to keep it simple and call it what it is, debt. We use debt as a means of exchange, yes, as you say it has value because of this reason but that is the debt based system that people were born into, that what the debt is based on can pay off the loan. In the govt's case they can never run out of money because they have their own banks, so if they wanted to they could get their grass cut by people with nail clippers and pay them 200 dollars an hour, this of course would raise inflation or at the very least a guild of nail clipper grass cutters. Yes the point is to take as much of your time through having to earn this debt to get food etc, and because everything is relative, paying some people too much for too long, or all the profits of our efforts going to 1%, who don't care for us, has problems. Now imagine all money in the world is bank debt, losing value every second because they input more debt, as money is a product.
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@maplin007 "Govts not able to run out of money", the amount they put in is usually to some percentage of public loans in the form of home loans, car loans etc, as the central bank want to keep the same amount going into society, if people are stressed out at work, businesses are overheated, loans are barely serviceable, nobody getting loans, then govt change will happen and it will be the public spending side of the same coin.
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@maplin007 The 1% have the most debt flow through them because of our actions, sure they accumulate more of it but it is all ultimately our actions that provide these things AND we are forced into this system from an early age, as soon as we enter the schooling system controlled by them, as you say your time is taken because of this system, based on growth, that has basically finished. The only reason to be happy is if the system of continual debt, and govt debt is taken out by taxes so high govt spending high taxes, is that those people who think their 250k job or multi million property will still keep its value, will have further to fall. As long as you understand debt or rather other people's debt, is what we call money, the 1% holding all our debt and us working for them for no goal, no betterment of society, is turning out to not be in our best interests.
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@maplin007 Saying the 1% have the most debt also means they have created the most money. Saying there should be a personal level on debt/money isn't the goal of the central bank and as all money is debt based it might lower the amount overall in the economy, like subsistence farmers around the world can't get money because the loan that it is might not get paid back. Hope you understand the debt to money connection and that govt debt is nothing like our debt. it is basically a V, everything the left side of the V is govt and bank debt, everything the right side is the amount of money in society. The bottom of the V is zero.
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@maplin007 Yes we are all products of our environment and we didn't have a hand in creating it and supposedly aren't allowed to change it. We have a world where people have done things for money thinking it was like gold and that money would build up and keep it's value forever, it doesn't. It has caused people to do things for us where we have more than if we had just asked and the case for modern living where society etc has been fractured by it in some ways has made us poorer.
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