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Vale Tudo
Bloomberg Television
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Comments by "Vale Tudo" (@valetudo1569) on "Trump Tariffs Rhetoric Is Inflationary, Should Be Taken Seriously by Investors: Pimco" video.
Tariffs would not stimulate growth and nearly every economist in the world would disagree The Fed printed money when Trump was in office The Fed actually made money off the loans to the banks as they were paid back in interest
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You do realize that nearly every Nissan and Toyota cars sold in the US are made in the US right? You don't actually know anything, do you
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@TheToolBoxWhisperer To you I sound arrogant, to me you sound ignorant. I sound that way because I actually put in the time to read about these things and have a legitimate understanding of basic economics. Something 99% of people who speak on these topics never do and don't have. Yes of course I know they don't get tariffed, that is my point. Its you who are saying if you buy a nissan or toyota is SOL and I'm saying that they're not bc the ones you see in the US are actually made there. Its you who is insinuating they are not and will be tariffed. And no, Toyota and Nissan have been producing cars in the US since the 1980's. Again, you do no reading or research before you open your mouth. That is why I sound arrogant to you and why you sound ignorant to me.
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@TheToolBoxWhisperer Ok so you're saying a bunch of whacky stuff here. Tariffs only discourage foreign trade if there are ready substitutes and the tariffs are high enough. Trumps tariffs would only bring on higher prices aka inflation The 2nd part is completely bogus. Where is the stimulus? You'd need to actually use a carrot (subsidies, tax incentives, etc) and not just a stick (tariffs) to stimulate domestic production. Trump isn't offering a carrot for the industries he would cut off. And - any substantive tax subsidy would only massively add to the deficit. Not only that, it would take time... you can't flip a switch and production magically appears. Lastly, things are more expensive to produce in the US so that would also lead to higher prices. So the burden is on you to explain how it would stimulate, because it seems like you're thinking is very simplistic and lacks understanding of economics.
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@ssuwandi3240 I really have no idea what you're talking about. I don't usually even comment on issues with Iran
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@TheToolBoxWhisperer Well in that case, swap his name out for yours and I change nothing I said. It was quite apparent from my comment that cars made domestically aren't tariffed....that was literally my entire point of my comment to him, but apparently that was hard for you to understand. So maybe you should direct that comment to the OP since they are the one who doesn't understand that and I'm the one who brought that to their attention in the first place. To answer your question: Higher Consumer Prices Retaliation from Other Countries Supply Chain Disruptions Increased Inflation This would result in lower consumer spending and increased costs for businesses and thus hurt the economy.
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@ssuwandi3240 I swear I feel like you stalk me on here. I don't even remember the context of that or how it relates to Trump
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