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And yet, just last week we had an all-time record high in the United States stock market.
Fact matter.
not because of him but in spite of him.. strong earnings and an economy that finally responded to the stimulus money pumped in . it took years to trickle through
Yes, but if almost all Chinese goods are tarriffed at 25% it may cause inflation initially as costs are passed onto consumers then deflation as demand wanes and that is just bad news for the economy and jobs.
Wait. I was told that the Chinese were the ones paying the tariffs, not us. Have I been lied to?
Yes, but if almost all Chinese goods are tarriffed at 25% it may cause inflation initially as costs are passed onto consumers then deflation as demand wanes and that is just bad news for the economy and jobs.
odds are we would not see inflation as much as a slow down ... most people are not in a position to buy this and that ..if they spend more for something that extra dollar spent will not go to buy something else . it is gone and a business will suffer ... inflation usually comes when we can buy this and that not this or that
Wait. I was told that the Chinese were the ones paying the tariffs, not us. Have I been lied to?
Costs are passed on to consumers. I've seen it in one segment, bicycle sales. Up to 25% price increases as a result of the trade war w/China starting last year.
Costs are passed on to consumers. I've seen it in one segment, bicycle sales. Up to 25% price increases as a result of the trade war w/China starting last year.
Costs are passed on to consumers. I've seen it in one segment, bicycle sales. Up to 25% price increases as a result of the trade war w/China starting last year.
Quote:
Originally Posted by ElectricSavant
Then buy American....
I for one am happy to pay more, especially for American products. My financial situation has never been better.
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