pull down to refresh
39 sats \ 5 replies \ @_stacktoshi 20h \ parent \ on: Tariffs Did Not Make America Great and Won’t Make America Great Again econ
Why does it need to be mentioned? A government imposing tariffs is robbing you. Maybe you should look into who's funding the people imposing tariffs.
Spare me the losertarian nonsense, monetary zones reflect security zones... Either go fight the Navy yourself or embrace reality
The entire premise of the tariffs is to address the Triffin Dilemma, it's a fiat world order, currency is at the center of it all
reply
The dilemma exists because of the fiat world order. Sorry, tariffs won’t fix that. Fixing the money will though. And spare us the ad hominem attacks. They make you look insecure about your understanding of economics.
reply
Crushing the fiat world order is the entire point of the tariffs, it forces currency re-evaluation that it cannot survive as it exists today. Creative destruction.
Your understanding of what constitutes ad hominem is matched only by your understanding of economics. Zero.
reply
We're going to crush central planning with.... (checks notes) central planning!
Please explain how "currency re-evaluation" solves the Triffin Dilemma.
reply
Pretty much, same trap as the state exists to combat the state. Turns out you have to think strategically more than 5 minutes out instead of sperging on about how 'taxation is theft' to drive progress.
Debt was used to suppress the dollar, else Triffin, problem is the only complete economy can't go into debt to poor countries that have nothing to actually lend them, thus offshore fiats propped up to trade more debt for trade deficits... Both deficits and debt are fiat symptoms of fiat interlink now being severed. Tariffs slow dollar exports and create a dollar short squeeze ("dollar milkshake"), every other fiat has to cover dollar liabilities. Non dollar fiats have to go to 0 or float freely against dollar (gold Bitcoin restore base money, US is liberated of Triffin Dilemma)
reply