It looks like the administration is doing everything it can — including whimsical tariff threats — to make the value of the US dollar and US bonds go down.
If anyone actually thinks any foreign government will actually pass through a "$3.50 an hour wage rate" to American consumers, I have a bridge spanning Wall Street to Beijing to sell you.
Still waiting for a serious discussion as to the true nature of volatile trade, vis' a vis' third world economies. In particular, any foreign nations command economy with one eye on our USA consumer market pricing structures and their other hand on the controls of their fiat export taxes,
When I look at my wife’s diamond in its gold ring, 1726 gold sovereign, my inherited first edition stamp collection, I guess I should think of wealth and security from fiat paper 10 dollar notes. Somewhere in the loop of buying electric power, food at Costco or health services from my doctor, there is a mental pragmatic disconnection.
I guess I am really not very intelligent, just a very simple dude after all…
We can't become banana rich and our jobs that supported families at 1 time are now in Vietnam paying $3.50! So America give it up and just enjoy your Walmarts and Dollar Generals..........NOTHING CAN BE DONE! History started this morning!
Once again an imparcial, thoughtful, honest analysis of a basic issue affecting all of us. It contradicts the wack-job, partisan, self-interested fake “analyses” of our political “leadership” who only want to make themselves and their friends even more wealthy by any means possible. Let’s see how the true believers here disparage Bill—finally with some facts not just with name-calling and insults.
Are we to ignore your own "name calling" (e.g. "whack=job partisan") and simply "channel" imaginary name calling from anyone making any challenge at all to the basis of what Bill purports here? Neither this newsletter nor any of our dully elected government leadership should be confused with a High School football game. Bill has his partisan side and also his role as investment analyst. As is the case with any partisan viewpoint which is allowed to dictate events, one can only be correct when the political stars align with ones own prejudiced views. Pure serendipity not to ever be confused with analytical objectivity.
The facts are well established and fairly clear; Look up the term "export taxes" and educate yourself on the myriad avenues available. How the trading world actually works, Ed
Amplification of a perspective that holds tariffs as having a simplistic one-to-one impact on consumer prices only has the benefit of getting what is bovine approval from those whose own lack of understanding is being taken advantage, Essentially, hate inspired, lacking in nuance and therefore, any legitimate and useful insight.
I only seek to encourage that part of Bill's own understanding that would recognize this. That this understanding and raw intellectual curiosity would, at this point in time, inspire him to fulfil his role as economic analyst and seek to provide an explanation as to why the worst predictions for out-of-control consumer inflation has only been realized in energy cost to the average consumer - obviously driven by the last administrations, ill-advised "Green New Deal" and allow for the possibility for this current administrations, quite divergent policies (on trade & energy), to sprout green shoots of renewal.
What did he inherit? Seems to me like his hands were tied. Here's a non-PC but hard truth: labor is fungible. So, if one guy will work for $3.50/hour and the other guy MUST have $50/hour (gross cost with "benefits", social security overhead etc.), who has the advantage and who gets the work? President Trump is trying to find a way to keep things manageable and going. Do you think you could do it better? If so, share with the group. Best always. PM
If anyone actually thinks any foreign government will actually pass through a "$3.50 an hour wage rate" to American consumers, I have a bridge spanning Wall Street to Beijing to sell you.
Still waiting for a serious discussion as to the true nature of volatile trade, vis' a vis' third world economies. In particular, any foreign nations command economy with one eye on our USA consumer market pricing structures and their other hand on the controls of their fiat export taxes,
When I look at my wife’s diamond in its gold ring, 1726 gold sovereign, my inherited first edition stamp collection, I guess I should think of wealth and security from fiat paper 10 dollar notes. Somewhere in the loop of buying electric power, food at Costco or health services from my doctor, there is a mental pragmatic disconnection.
I guess I am really not very intelligent, just a very simple dude after all…
We can't become banana rich and our jobs that supported families at 1 time are now in Vietnam paying $3.50! So America give it up and just enjoy your Walmarts and Dollar Generals..........NOTHING CAN BE DONE! History started this morning!
Once again an imparcial, thoughtful, honest analysis of a basic issue affecting all of us. It contradicts the wack-job, partisan, self-interested fake “analyses” of our political “leadership” who only want to make themselves and their friends even more wealthy by any means possible. Let’s see how the true believers here disparage Bill—finally with some facts not just with name-calling and insults.
Are we to ignore your own "name calling" (e.g. "whack=job partisan") and simply "channel" imaginary name calling from anyone making any challenge at all to the basis of what Bill purports here? Neither this newsletter nor any of our dully elected government leadership should be confused with a High School football game. Bill has his partisan side and also his role as investment analyst. As is the case with any partisan viewpoint which is allowed to dictate events, one can only be correct when the political stars align with ones own prejudiced views. Pure serendipity not to ever be confused with analytical objectivity.
The facts are well established and fairly clear; Look up the term "export taxes" and educate yourself on the myriad avenues available. How the trading world actually works, Ed
Amplification of a perspective that holds tariffs as having a simplistic one-to-one impact on consumer prices only has the benefit of getting what is bovine approval from those whose own lack of understanding is being taken advantage, Essentially, hate inspired, lacking in nuance and therefore, any legitimate and useful insight.
I only seek to encourage that part of Bill's own understanding that would recognize this. That this understanding and raw intellectual curiosity would, at this point in time, inspire him to fulfil his role as economic analyst and seek to provide an explanation as to why the worst predictions for out-of-control consumer inflation has only been realized in energy cost to the average consumer - obviously driven by the last administrations, ill-advised "Green New Deal" and allow for the possibility for this current administrations, quite divergent policies (on trade & energy), to sprout green shoots of renewal.
Agree. Trump's legacy, already bad, appears to be destined to become worse
What did he inherit? Seems to me like his hands were tied. Here's a non-PC but hard truth: labor is fungible. So, if one guy will work for $3.50/hour and the other guy MUST have $50/hour (gross cost with "benefits", social security overhead etc.), who has the advantage and who gets the work? President Trump is trying to find a way to keep things manageable and going. Do you think you could do it better? If so, share with the group. Best always. PM