chat

Uh unless they actually dissolve the federal reserve and go back to the gold standard like it apparently says in project 2025. In that case it will literally cause the collapse of the US empire.

We're changing to Trump coin

Hope you losers bought in at the bottom!

Uh unless they actually dissolve the federal reserve and go back to the gold standard like it apparently says in project 2025. In that case it will literally cause the collapse of the US empire.

critical support to comrade trump in his efforts to rid the world of yankkkee financial imperialism

Death to America

It's fucking simple you dumb liberal. It's Economics 101!!

They never even took Economics 101.

sometimes I wonder what conservitives are thinking... like I do not understand this whole gold standard obsession

the absolute funniest way for dedollarization to occur is that while BRICS+ is hemming and hawing about how they're gonna set up an alternative currency and an international financial organization exerting some degree of sovereignty over each of them (meanwhile the developing world is facing the worst debt crisis in human history), Trump just gets rid of the dollar over the course of a month. I'm out here predicting that we might see foreign currencies or a bancor overtake the dollar by the 2050s, meanwhile the Heritage Foundation guys want it gone within the year

something about tariffs destroying the money supply something something meaning china has to earn more dollars. where are the mmters at?

They're literally all talking about, for example, whatever a dozen eggs cost in 2018. I don't honestly remember so let's just say $1.75. And now they're like $3. Or they were the other day.

If your job doesn't pay like double what it did in 2018, and for most people that's the case, then this is approaching catastrophe every time you have to buy groceries. Exponentially so if you have kids.

On top of that of the cost of housing skyrocketed from 2020-2022-ish and has remained high while wages haven't gone up enough to meet that rise.

People are focused on the end numbers too much as well. A phenomenon we can all see and recognize in older people. "When I was a kid a car was only $5000 right off the lot!" type shit. They can't reckon with and accept the $50K price tags now. They just want number go down. It doesn't matter to them much that the entire economy is designed for inflation. They don't seem to understand the absolute dollar amount is irrelevant. This isn't just a hog or lib thing either... it's a flaw in the logic of nearly every "normal" person who doesn't immerse themselves in stuff everyday. They see big numbers, hear media man repeat "big numbers are big!", and Trump promises, vaguely but also directly, to make those big numbers small numbers again.

Maybe I'm misinterpreting what people are saying though. Maybe they would be ok with large pay raises and the prices basically just staying where they are until things are realigned to a realistic level. But Trump nor Kamala are capable or willing to apply the governmental pressures required for that change. Because they both don't believe in governmental powers except for killing and otherwise harming people.

Everything will continue to get shittier and shittier as tariffs take effect which will cause an unnecessary and un-absorbable inflationary effect due to lack of American domestic manufacturing. Grocery prices are going to go up especially on produce if all the people currently working in the industry, doing the manual labor, are suddenly being deported en masse instead of being given citizenship and proper pay.

Maybe Trump has deals with industry leaders like "let me do my fashy shit, you keep prices low for now, and we can set this stuff in stone for down the line." But that's way too much credit given to him. The man who hired John Bolton and was surprised to find he was an insane warhawk...

Seriously, do people not remember that the government shut down for like a month and how much chaos that causes? That Trump did something insane that made the stock market plunge like three times, each time causing the factories near me to lay off 10-20% of their line workers with no warning in panic? Like even before COVID things were really unpredictable and hard

If we have a massive recession, interest rates, inflation and housing prices might plummet!

Tbf housing (buying or renting) has gotten a lot more expensive since 2016-2020. I’ve been in the same line of work making steady increases and houses I was looking at buying in 2018-2019 are now out of my ability to pay (even by equalizing the interest rates). I looked up my old apartment from 2016-2017 and the rent increases since then are way more than my pay increases.

When it comes to consumer goods, I would agree that pay increases have gotten closer to inflation (but still not there), so I do think people will focus on the price increases without pay increases. But then again a lot of Trump supporters probably bought a house before 2016 so their griping is unwarranted.

Dinar finally does reach 1:1, but not in the way they expected

dammit I thought I was real original for making a dinar joke 5 minutes ago in here.

Good news!

The issue is everyone wants a better life for themselves and their own family and peoples. It’s still a minority that is even concerned about the general wellfare of the masses

And there’s a dangerous amount of people who are willing to throw others into the shredder to achieve that goal. That’s what this country has always promoted

Even people who use those words on TV usually don't know what they mean, or at least use zero context.

Yes, inflation is low now. But also, if inflation is 2% and your wages go up by 0%, you are still worse off than if inflation is 5% and your wage goes up 5%.

But also, inflation is not a full cost of living measurement, some things aren't counted or aren't properly counted etc. Because of some accounting gimmick, healthcare inflation was negative in 2022, even tho individuals paid more for healthcare in 2022 than in 2021. Also, Biden ended a shitton of pandemic-era welfare programs, if inflation is 0% and you lose a government benefit worth $200 per month, you are still worse off.

There's probably gonna be a rise of MAGA chuds who think Trump is secretly Jewish if we get a bad enough recession

Politicizing the Fed - which is something Trump and the GOP are absolutely going to do - is great for the accelerationists. The Fed was always political to an extent but they’re a key cog in the imperialism machine. Force to make short-term politically based actions and they will hurt America’s imperialism in the long run.

Firstbof all no he absolutely is not second of all most people don't pay taxes on their tips already.