THE TRUMP TARIFFS ARE EFFECTIVELY A LARGE TAX INCREASE ON AMERICANS, CANADIANS, MEXICANS, AND CHINESE.
EXPECT ENSUING TRADE WARS TO BE A MASSIVE DRAG ON THE ECONOMY WITHOUT SIGNIFICANT REDUCTIONS IN OTHER TAXES.
SHOULD BE INTERESTING TO WATCH PLAY OUT.
MY PLAN IS TO STAY HUMBLE AND STACK SATS ABOUT IT.
sh, SS
Comparto tu plan
🫡🫡
JUST STAY HUMBLE AND STACK ZAPS ABOUT IT
you plan sounds excellent, will do the same
Game theory playing out.
Stacking! This seems to be helping #BTC dropped to $98,900.
Can we have some more tariffs please!
🍊💊🚀🤯
How do you spend your income? Do you sell your bitcoin at all? Do you spend in fiat? Have you used strike bill pay?
1. SPEND BITCOIN DIRECTLY WHENEVER POSSIBLE.
2. USE STRIKE TO PAY BILLS WHEN FIAT IS ONLY OPTION.
When strike to NY nostr:npub1cn4t4cd78nm900qc2hhqte5aa8c9njm6qkfzw95tszufwcwtcnsq7g3vle ?
SOON. IT IS A PRIORITY.
NY MAKES IT REALLY FUCKING DIFFICULT. CONSIDER MOVING.
I wish I could move as far from here as possible, but unfortunately my entire family and wife’s business is rooted here. Maybe CT would be an option but that’s just as bad lol
CT is actually is much easier. Crazy what a difference 30 miles make.
Don’t get me wrong I like CT, visit often. But I’m pretty sure I would be hit with double taxes on my paycheck (CT and NY), and I would have to pay property taxes on our cars.
The property tax on the car is absolute dogshit 💯 If your primary residence is in CT and work in the city you won’t have to pay double taxes on your paycheck tho. You’ll actually end up saving the NY city tax.
More specifically, all Unchained, strike and fold services work flawlessly in CT.
Just curious, what are your thoughts on cash app? It’s good for pay check conversion but I think the only way to pay bills with it is to sell the btc
Thank you fam
Fold is pretty slick too
Strike bill pay is awesome, but I can't pay all my bills with it. I occasionally need to buy fiat to pay bills or shop at WinCo.
The Strike instant transfer is pretty cool though. Last week, I had to buy something from a cash only business. I literally had $0 fiat.
I used the Strike Instant transfer.
By the time I drove to the bank, the fiat was ready for withdrawl.
Yes bitcoin open 24/7 so it goes down always first of all. Monday morning all assets and shares go down deep in red.
First is always panic 😱 📉 before even real data 📊 and real reason.
Fiat 🤡 🌎 is so fucked… depending on accelerating consumption and so debt 💸 too, depth spiral 🌀
#bitcoin is alternative only and fck its fiat fake price.
GM #nostr
THIS IS THE WAY
STAY HUMBLE
STACK SATS 🫡
It's a bold strategy cotton, lets see how far they sacrifice the dollar to cover the shortfall
💯
Confusing for small companies to navigate as even if we moved to more American made goods they are as, if not more expensive, than paying tarrifs.
YEA IT IS A BRUTAL ENVIRONMENT.
BEST COURSE OF ACTION IS NOT TO MAKE ANY SUDDEN MOVES. I THINK.
It's a larger tax on Canada, Mexico and China than it is the US consumer. Well informed people understand trade is not uniform.
Fwiw taxation is theft, tariffs are just theft from other countries.
the exporter country doesn't even paid a penny.
it causes a cost on them, but not in having to pay the US, but in potential lower exports thus lower income.
if your goal is to hurt a trade channel it works, but it can be a double edge sword
it doesn't even "help" the local production, it just gives them a subsidy by hurting their competitors. But once there's no competitor why wouldn't they just charge more?
it can work, but ppl should be aware that tariff are just an increase in Sale Tax that apply to goods base on where they come from instead of what type of good it's.
Vou continuar a empilhar satoshis
I think you are forgetting that at pre tariff baseline, we did not have free trade. If we did we would have had one economy.
Pre tariff baseline Canada is exceedingly protectionist—the US economy has been footing the bill for Canadian economy and autonomy.
Meanwhile, Mexico undercuts US labor costs by circumventing the US tax system.
The tariffs are visible tax.
The pre tariff system was obscured.
Interesting angle on this from George gammon. Tarriffs causing massive domestic inflation…. Could actually bring down the dollar system. Who knows.
consumption for this countries is going to massively decrease. These increases are HUGE!
Love the novelty of it! Focus hasn’t changed more BTC today than yesterday
THE IMMEDIATE EFFECT IS THE RAISE IN PRICES DENOMINATED IN USD! LONG RUN? RAISE IN PRICES!
That’s how tariffs work. That’s how tariffs have always worked. They tax the people. Well played America, you just increased your taxes on yourself.
GREAT ADVICE
Same plan here. These tariffs will drive inflation.
#TrumpTax
Currency wars, trade wars, real wars.
THAT IS A GOOD PLAN. THANK YOU FOR SHARING THIS ALPHA WITH US OUTSIDE OF THE PAID TRADING GROUP BRO
I don’t remember the last time I bought myself something nice.
The tariffs will level the playing field between made in America and made elsewhere. In the short term, it will really hurt, but it will be good for us in the end. Rip the bandaid.
All paths lead to Btc
🫡
Last time around with Trump's tariffs I don't remember prices going up substantially. Take into account taxes being cut or gone altogether will also play into the overall economy's moves. Getting government spending under control means the FED is no longer debasing the money supply and prices aren't pressured to go up. This would also be a positive to the economy.
I see WW3 needed for step increase 🤔
The FED loves war.. They'll get to finance both sides and flood the world with fake money. A dream come true for the Deep State..
You would have to seriously revise this IF the income tax is eliminated as was the case prior to 1913.
That‘s the ticket
Relax. It’s a complex system that adapts.
People think in very static terms about this but you make a good point to keep in mind. For example, if the foreign comparative advantage for commodity X is less than the tariff rate, all the tariff will do is increase domestic production/consumption according to the newly-reshaped competitive balance. So a tariff is unlikely to raise prices more than the competitive disparity for a given item. It'll be cheaper to just make the thing domestically (in the long term of course).
My fav book from macro Econ class in the 80s…. “In the Long Run, We’re All Dead”
They want the market to tank, so the FED has to step in and increase the money supply. They can’t control the FED, so they have to use policy to force their hand
