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Joined 2 years ago
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Cake day: July 3rd, 2023

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  • The purpose of tariffs is to reduce supply, and allow local producers to increase costs without facing competition. So, supply will be affected, no matter what.

    Add money with reduced supply and you get inflation. Already countries are looking to increase trade with each other in lieu of trade with the USA. China on particular has been talking to all the Asian producers to reassure and warn against demaking with the USA. They are now the trustworthy partner.

    The recession is going to come from a loss of commodities. From a loss of trade, including the components essential for domestic production. Those prices are going to rise. Jobs will be lost. All the while, all exporters to the USA will increase their prices in response to USD fall on value so that their margins in their currency remain the same.

    Sure, the falling dollar, in normal circumstances would make American products more attractive, but all other countries are now imposing tariffs on the USA in response. Some, like the EU, have not done it across the board, but they will ramp up. China and USA have effectively planned to cease trade. America doesn’t have the high tech supply chain they need to compete with Chinese products internationally.

    As the recession will lead to job losses, wages will have downward pressure, not up, like in every other recession.

    The fact that you remain unwilling to listen and have made up your mind to remain I’ll informed os a poor decision.


  • Firstly, the value of the dollar decreasing will increase the cost, in dollars, of all imports. The tariffs on top will add to this inflation.

    Printing money doesn’t automatically lead to inflation but in a recession environment where less is being produced, it certainly does. The quantitative easing and money printing workdwide, due covid, led to the crazy inflation we saw. Certainly supply was a problem, but a reduction in trade between 2 giant economies is also going to cause those kinds of bottlenecks.

    Add loss of faith in the dollar and this multiplies. Trump is destroying the dollars purchasing power which leads to inflation. All the while he’s killing jobs in public sector and private sector at the same time.





  • For me: English, Irish, french, German, Indonesian, Malaysian (same as Indonesian), japanese I’ve thank you in Turkish, Thai,

    For Irish Please is: le do thoil (é). Translates as; by your will (it). Pronounce : le duh hull ay.

    For thank you: Go raibh (míle) maith agat. Translates as may (a thousand) good things be/fall upon you. Pronounce : guh rev mee-la moh a-gut

    For pronunciation, I’m using Munster dialect. It can be quite different for other dialects.

    Other languages seem to be covered by others, so I thought I’d add the Irish in more detail.


  • Generally, people in poorer countries have more children. It’s a necessity for survival. They need the children to care for them in their old age. There is no pension, or Medicare or healthcare or nursing homes. Instead the family shares the load. In wealthier countries, we are meant to pay for 8t in conjunction with available social services and programs.

    However, all things being equal, people have less children if they are pessimistic about the future.