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32 sats \ 0 replies \ @BlokchainB 15 Mar
Gas prices have dropped for sure
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29 sats \ 6 replies \ @Msd0457890 15 Mar
Maybe it's good economic data for the moment, but I don't think it will last long when the economic measures Trump is implementing have truly created a cataclysm, in every sense. By the way, hasn't the egg situation been overcome?
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1 sat \ 5 replies \ @Undisciplined OP 15 Mar
The egg situation is part of what they're talking about. Prices have started coming back down.
If producers and retailers were expecting "calamity" they wouldn't be dropping prices.
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32 sats \ 4 replies \ @Msd0457890 17 Mar
You're right about that. Do you think the market will stabilize and everything will return to normal? I don't think so.
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1 sat \ 3 replies \ @Undisciplined OP 17 Mar
It depends what you mean by "return to normal". I don't think it'll go back to what it was, because there are new economic policies that change the profit and loss calculus for everyone.
If the policy changes ever settle down, then I do expect the economy to stabilize around that new incentive structure. Will we be wealthier than before? No idea.
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23 sats \ 2 replies \ @Msd0457890 17 Mar
The economic system will always seek to establish itself and politicians will see it that way. The problem will be whether it is beneficial for the common citizen, the average person, who goes to the market, who suffers from inflation, who sees the economy.
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0 sats \ 1 reply \ @Undisciplined OP 17 Mar
I agree. If they make good on eliminating income taxes for all households earning less than $150k, that will be an enormous boon to normal people.
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