Post
Topic
Board Economics
Re: The Trump Dump
by
Free Market Capitalist
on 08/04/2025, 04:53:06 UTC
I don't have any issue with calling it the Trump Dump.  Just make sure to call it the Trump pump if the next 4 years sees a new all time high for Bitcoin (which I personally believe it will). 

How about calling a spade a spade and recognizing that the tariffs he intends to impose are a socialist measure that can only be imposed by a fool who has no idea how the basic principles of economics work? He wants to put 37% tariffs on Bangladesh. He has pulled out of his sleeve tariffs calculated on the trade deficit because it seems that the fool doesn't understand that trade deficit is good. So what does he want? He wants the Bangladeshis to buy a lot from the USA? Reagan, whom he praises so much, ran a huge trade deficit and managed to make the US economy prosper enormously, see what Laffer says about it.

What he has to do is to remove regulations and lower taxes, but without socialist measures and other nonsense pulled out from under his sleeve.