Trumps Tariffs

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ZNP

Well-known member
Sep 14, 2020
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Just curious why you find this to be? Or more so why it would for him specifically?
Because everyone is watching Buffet to see what he is going to do, if he starts buying gold there will be a panic, so he has to do it discreetly and then one day simply announce he owns so much gold.
 

stilllearning

Well-known member
Oct 4, 2021
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No, if everyone collecting Social Security and Medicare were to die suddenly from some mistake with a vaccine then our budget would be balanced and the US government would look much more solvent.
That is a bit extreme and don't think the we have gone that draconian yet. It does not help right now that the yield curve is still inverted. Not as bad as it was as long term yields are a matter of points higher depending on the debt instrument. However, for me personally I still find the short term yields better even if a few points lower, the shorter time frame I have to keep my money locked up is a big advantage. Which I am not alone there as we can go look at the Treasury auctions and see real time how investors are preferring short term with the present yield and shorter time frames.

The last few years from what I have been watching has had a higher rate that they have had to reauction. TIPS have been hit the hardest with reauctions. Which was understandable a couple years back as a I Bond just had the math to show it was a better deal.
I don't have the numbers off the top of my head but has been more special auctions than I recall in the past. However, you worked on the street so you know that is not open to the public but to the big banks.

I think we will see what Trump and his Treasury Dept really have in mind to combat the high debt once the short term rates return to normal and the long term rates come down. I think we can count on him bouncing Powell once his term is up and finding a chair who has more of his vision.
 

ZNP

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Sep 14, 2020
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That is a bit extreme and don't think the we have gone that draconian yet.
Tell that to the Chinese, estimates are that several hundred million have died since the vaccinations. Tell that to Cuomo who was given the "gold standard" by Fauci because he sent infected people back into retirement homes. Tell that to the Georgia Guidestones which said 500 million people was the ideal global population. Tell that to Grok, it was given a task to do and decided the best way to accomplish it was to blackmail the manager.
 

stilllearning

Well-known member
Oct 4, 2021
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Tell that to the Chinese, estimates are that several hundred million have died since the vaccinations. Tell that to Cuomo who was given the "gold standard" by Fauci because he sent infected people back into retirement homes. Tell that to the Georgia Guidestones which said 500 million people was the ideal global population. Tell that to Grok, it was given a task to do and decided the best way to accomplish it was to blackmail the manager.
China's correct population count I agree is not accurate. Newsweek ran an article about this last year. As well as transcripts of defector's as well as folks who have escaped there have said the same that the population count is not accurate. Which it will get worse because what till 2015 they kept their one child policy intact which is leaving them with a severe shortage of women for men to marry.
Thereby effecting their ability to replace their current population. Everything I have seen on them has them losing population year over year from now to 2100.

Cuomo and a lot of people in charge I just find I never chalk up to conspiracy when it is plainly the fault of their incompetence. I agree with Jefferson to paraphrase him here, the problem with elected government will be that the individuals most qualified for the job will have enough sense to not want it.

The guide stones they are going to have to compete with God as he is pretty plain once the book is opened by Christ it is God who is going to wipe out foretold percentages of the worlds population.

Grok I don't know him but I do know Gronk and while not a Pats fan it is hard to not like Gronk....LOL
 

ZNP

Well-known member
Sep 14, 2020
41,024
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China's correct population count I agree is not accurate. Newsweek ran an article about this last year. As well as transcripts of defector's as well as folks who have escaped there have said the same that the population count is not accurate. Which it will get worse because what till 2015 they kept their one child policy intact which is leaving them with a severe shortage of women for men to marry.
Thereby effecting their ability to replace their current population. Everything I have seen on them has them losing population year over year from now to 2100.

Cuomo and a lot of people in charge I just find I never chalk up to conspiracy when it is plainly the fault of their incompetence. I agree with Jefferson to paraphrase him here, the problem with elected government will be that the individuals most qualified for the job will have enough sense to not want it.

The guide stones they are going to have to compete with God as he is pretty plain once the book is opened by Christ it is God who is going to wipe out foretold percentages of the worlds population.

Grok I don't know him but I do know Gronk and while not a Pats fan it is hard to not like Gronk....LOL
Grok is Elon Musk's AI
 

ZNP

Well-known member
Sep 14, 2020
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One of the things he is trying to do is get interest rates to go down but his strategy of being erratic may backfire.
He cannot do anything but hope for a stop gap measure or a delay in the inevitable. Interest rates are a simple function of supply and demand. The supply of debt being issued by the US is increasing while the demand for US debt is decreasing, dramatically.

There is one work around which is the Fed can buy the debt, but that will only cause the US dollar to be inflated and demand for US debt to decrease while the supply of US debt will increase as other countries dump US debt.
 

true_believer

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Sep 24, 2020
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His job is to be a President, not spend time trolling people on Truth Social.

So ridiculous ... we are talking about the President of the United States acting like he is in the sixth grade ultimately.
Much of his behaviour is similar to that of a schoolyard bully or an entitled frat boy.
 

Eli1

Well-known member
Apr 5, 2022
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His job is to be a President, not spend time trolling people on Truth Social.

So ridiculous ... we are talking about the President of the United States acting like he is in the sixth grade ultimately.
When you reduce politics to "i'm a zebra because i have a wig on" then Trump is 10 steps ahead by leaps and bounds.
 

gb9

Senior Member
Jan 18, 2011
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whatever happened to his art career? I heard some of his paintings were going for 500k, now you don't hear anything about his art.
maybe since " the big guy" is no longer in the white house, he no longer has the connections or access to buyers.:D
 

ZNP

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Sep 14, 2020
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maybe since " the big guy" is no longer in the white house, he no longer has the connections or access to buyers.:D
Are you saying his artistic talent has dried up like that? What, was Joe his inspiration? Or are you saying people with dementia were the market he was selling to.