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jb55

This seems to be the number one response to my question about tariffs:

“If it was made in America the quality would be just as bad as the chinese slop”

Didn’t realize america produces such terrible quality stuff with no hope of improvement 😬

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Globe99 8mo ago 💬 6

The idea that America is going to be economically self-sufficient is as ludicrous as these "homestead" guys who think they're going to live off in a cabin in the woods and be self-sufficient.

That's great until your kid gets sick, or your computer fails... oh what, you didn't build an entire TSMC foundry into your cabin? Too bad, guess you're going to have to re-engage with the economy.

This is a *feature* not a *bug.* We can't grow coffee in America, we can't grow Avocados. But we have money, and other countries do that much better, so trade is "win-win."

"No hope of improvement" what? This isn't some high school report card. Manufacturing jobs aren't coming back to America, outside of certain highly bespoke "artisinal" products. Like Teslas.

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jb55 8mo ago 💬 1

What if US loses WRC status and noone wants their dollars, what then? Just collapse? Seems like a risky proposition to be a nation of just importing everything and just pressing a button on a money printer.

Not being totally dependent on foreign adversaries doesn’t seem like a bad precautionary step, even if it’s less efficient than a pure free market.

elsat 8mo ago

Monetary reset is happening irregardless of someone’a feelings about manufacturing and trade.

I suspect the current admin understands this.

Post monetary reset global trade boundary conditions necessarily change.

Globe99 8mo ago

Well there's a lot of stuff going on there. Obviously on the aspect of "monetary reset", I mean, Bitcoin fixes this. Inflationary currencies can't survive, and with their demise will come the demise of the MegaState as we know it today.

But free trade is the solution, not the culprit. I, the Individual, have no "foreign adversaries." Only potential trading partners.

"Not being totally dependent on foreign adversaries doesn’t seem like a bad precautionary step, even if it’s less efficient than a pure free market."

There's a word for that, and it's economic central planning. And it's doomed to failure.

TheLegendaryMan 8mo ago

This is why states are voting to create their own strategic bitcoin and gold reserves. You do not accumulate this much debt and expect to ever be able to pay off the slave masters. Best to just give them the middle finger and start over fresh with actual sound money. While charging them for the crimes they have committed to make this possible in the first place.

b7c7f5d3... 8mo ago

There can be no pure free market using manipulated money. Period.

₿eno⚡️ 8mo ago

Hmm, thats a bad comparison. The "homestead" guys just want better food; they still participate in the broader economy.

There's nothing wrong with trying to bring back manufacturing to your country; especially if you're anticipating war.