Economy Trump's April 2nd Tariffs

[Anung Un Rama]

Is @Jack V Savage back yet?

 

[The Diplomat]

Is @Jack V Savage back yet?

Dunno. Vote for Dippy imo

Elections Post in thread 'President of the WR'

Apr 2, 2025

The Swedish bikini team supports Dippy

• lsa

• 
• 
• 

 

[Substance Abuse]

Yeah. Everyone is stupid. Except for those who side with Dippy.

You said it. Not I.

 

[The Diplomat]

You said it. Not I.

You quoted it, not I.

Hmmm...

 

[Substance Abuse]

You quoted it, not I.

Hmmm...

 

[Limbo Pete]

Yeah it matters, but the vast majority of Africans don't contract a devastating disease, but they do enjoy roads, entertainment facilities, large scale infrastructure-- thats where China gains it favor.

These things aren't mutually exclusive

 

[The Diplomat]

The site ruins links. ugh

 

[Substance Abuse]

 

[The Diplomat]

Vote Dippy

 

[Takes Two To Tango]

Trump history speaks for itself when it comes to finance and business.

I wouldn't trust him at all.

 

[Sweater of AV]

This amount of winning is overwhelming.

Hopefully Dump can relax a bit so I remember what not winning feels like.

 

[curryjunkie]

What makes you think I left after Brexit?I left in 2010.

You voted for Cameron? Or brexit?

 

[MMA IAN]

I understand a brief google is beyond you so I looked into it on your behalf and found this explanation on reddit. Sounds like those coins would manipulate the value of the USD no?

Ecuador does not peg its currency to the U.S. dollar, Ecuador doesn’t have its own currency, instead it uses the American Dollar as its currency. The same bills that circulate in America circulate in Ecuador, and one bill can move from one country to the other without issue.
Of course, Ecuador cannot print its own dollars; that means, Ecuador doesn’t have the power to issue U.S. dollars, and if it did, it’d be a counterfeit coin, not a real fungible U.S. dollar. It relies on having US bills making their way into the country.
Coins, however, are a different story. Coins are difficult to move around, they are bulky, heavy and low denominations. That makes them crossing borders a difficult thing, however they are quite useful, specially in a country like Ecuador where prices for some goods and services might be lower due to the purchase power of the country.
In order to solve the need for coins, the country could import American-minted coins and spend a lot of money on that. Instead, they coin their own coins. Those are technically counterfeit coins, as they are completely worthless outside Ecuador.
Think of them as a token from something like Chuck E Cheese, they can be used in the country like you can use Chuck e cheese tokens in the chain, but you can’t pay your American groceries with them. Since coins are bulky and not really good for transportation, it’s easy for the Ecuadorean central bank guarantee that, within the country, they are worth their face value in dollars.
Ecuador doesn’t even have the capacity to mint those coins, as they are minted in Mexico and Canada, but they aren’t their currency because they don’t have an independent monetary policy outside the U.S. dollar, they don’t have their own value that is pegged to the dollar, they don’t have their own code and aren’t traded in monetary terms. The Ecuadorean central bank isn’t constantly making sure they are pegged to the dollar by controlling the supply and demand, etc.

 

[Ludwig von Mises]

When the globalist scumabgs cry you know Trump is cooking.

God bless Trump.

Only women and cucks hate of heem.

Chads salute.


America first

Chad sheet only

 

[Substance Abuse]

 

[Unknown Pleasures]

I know this guy is supposed to be a somewhat respected economist, and economics is not a strong suit for me, but this reads like copium MAGA fan fiction

I've read a few of Yannis' books and I've enjoyed them. He is really good at taking complex concepts and making them digestible. I don't agree with him all the time by any stretch (and he's much more a critic who doesn't propose all that well credible alternatives), but he is clearly an intelligent guy.

 

[Hellowhosthat]

When the globalist scumabgs cry you know Trump is cooking.

God bless Trump.

Only women and cucks hate of heem.

Chads salute.


America first

Chad sheet only

The EU is probably just going to get driven to having China as it's major trading partner.

 

[JudoThrowFiasco]

Donald Trump’s economic masterplan - UNHERD - Yanis Varoufakis

Faced with President Trump’s economic moves, his centrist critics oscillate between desperation and a touching faith that his tariff frenzy will fizzle out. They assume that Trump will huff and puff until reality exposes the emptiness of his economic rationale. They have not been paying...

www.yanisvaroufakis.eu

I'm not enough of an economic expert to know if this is BS or not but I found this article by a pretty left wing economic expert who's actually quite in favour of tariffs interesting.

Hmmm...I'm confused on the juxtaposition of getting currency manipulative countries to appreciate their currency while also softening it against the US dollar. Need clarification.

But the 3 big take aways being congress has no say on tariff revenue allocation (only tax); is this true?

Trumps penchant for individual negotiations over multinational (demonstrably true)

and the possibility of favorable treasury deals / allowing an increase of foreign dollars into the US system.

 

[Fox by the Sea]

The tariffs shall remain on those penguins until they meet their promised 2% GDP military spending. We are tired of paying for their defense.

 

[Fox by the Sea]

The EU is probably just going to get driven to having China as it's major trading partner.

LOL, no it's not.