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@kepford
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95 sats \ 0 replies \ @kepford 14h \ parent \ on: should america make iPhones? AskSN
If Trump or anyone wants to revitalize the US remove regulations, remove taxes, and remove the FED. Sound money and as little state intervention as possible. The US would boom like no one would believe! (in Trump's voice).
Its obvious that if you hate Nazism the response is to destroy the property of people that bought an EV. Its like the obvious solution to the oppressive legal system is to riot and destroy the community you live in and businesses that support the community. Duh! Why didn't I see this before!
Fedora Linux user here for almost 5 years now. I play with other distros and I can't switch. Even with my drive to tinker I rarely break it.
IMO all this talk about should is statism. Central planning. Apple should make phones where they want to. If people don't like it they can voice their displeasure in the market. That said, I think people in the US like the idea of making stuff here more than the reality.
I haven't fact checked this but I do not doubt the person that said it that US manufacturing measured by output is at an all time high. Doesn't match the thinking of most people including me. That's measured by output. Not jobs though. Automation is how it comes "back to the US". Not with human labor.
There's plenty to complain about with the trade agreements made by globalists but the answer isn't being anti-free trade as some seem to think. The answer is sound money. Bitcoin fixes this.
Plenty of companies already do things like this. For some products and some time periods businesses will over store credit vs. money. Private companies write refund polices and when you buy from them you are agreeing to the terms. If people stop patronizing them due to this the company is incentivized to adjust their policy. If consumers abuse a refund policy the seller is incentivized to change their police again.
If companies do not follow their legal refund polices customers will sue them or expose this to the public. This happens from time to time and usually is settled privately through arbitration (private law). If a company abuses their customers these days they will get lit up online and suffer very quickly. We've seen this many times.
Its honestly funny to me when people think we have to have the state regulating everything as it does. Freedom is much better, much faster, and much more profitable to all parties.
I'll say this. I have finally been affected by Trump in a tangible way. Been mulling over a new 2nd 3d printer purchase and the model I was looking at is now +$200 over a few weeks ago. Guess I'll just wait it out for now.
Which company should I vandalize to express my political displeasure?
Good summary. I co-sign this.
entire cost gets passed through to the consumer.
Yeah... I mentioned Apple's margin yesterday. Sure Apple could pass 100% of the tariffs to consumers but this also could backfire and actually hurt them more than absorbing some of the cost and diminish the effect on sales by keep prices lower.
What is so appealing to the Austrian view to me is the human action portion. Really we are talking about choices made by millions of individuals. Most people dumb things down far to much. Learning from this school has taught me that I and others need to be much more humble about what we think may happen.
The TLDR of this video though is Ron Paul was right. "Balanced" trade isn't good or bad. It depends. And tariffs aren't magic but better than income tax. Fiat money is more important and hard money would be a better move than what Trump is doing.
I agree with him. FWIW though I often defer to Bob as he usually steel mans arguments and doesn't tend to take cheap shots. I don't mean I always agree with him but its a pretty safe bet for me to do so in most cases. I've learned a ton from Bob over the years either directly or indirectly through his recommendations on other economists. He does a very good job explaining different sides of views on economics. He's one of the few people that seem to really take MMT seriously and explain why they hold their views while most just mock them. Which is MUCH easier to do.
Caught myself ranting about how ignorant most people seem to be about economics when talking in favor of tariffs. It is like a case study in sports team political thinking. Then you have the hypocrites in the democrat side that all of a sudden have a problem with taxes and suddenly realize they have consequences... Its something to watch.
Now, there are people that recognize tariffs are being used as leverage and they aren't good per se. But, that's not most people in my experience.