Quote:
Originally Posted by JazzyTallGuy
The founding fathers did NOT live in a gloabalize economy with the free flow of capital that we have today.
Your entire post is about an 18th century solution to a 21st century problem.
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Correct. There was no Federal Reserve. There was gold and gold has value today. Printed paper that can be manipulated does not have.
You had to physically transfer gold, to make the sale in trade.
As long as we have the needed regulations and overhead to produce products safely, we will never ever be competitive on the global market.... EVER! Tariffs had been around and established to keep our economic machine running as we allowed and begged for more regulation.
A quote from a squeaky smart man.
"That loud sucking sound you will hear, will be jobs leaving the USA so fast." His Crystal Ball, could not have been more correct.