In Reply to: Respectfully disagree posted by Freo-1 on April 9, 2025 at 08:42:25:
The price of oil is coming down. That's a fact.
Which neatly explains why gas is more expensive this week.
There is a history that can be referenced from the last time tariffs were an issue.
Yes. It was followed by the Great Depression. Odd coincidence, that.
I'll stand by the fact that the US is heading towards insolvency, and drastic measures must be taken to address the problems.
Well, I'm not a fan of a large deficit. But since the Federal Reserve was contracted to control our currency (and so has enormous power), all they have to do is what they have done- print more paper money. I suspect that will be the solution... not that I like it.
At least we have functioning adults who actually understand business and economic issues navigating the process now.
Too bad none of them are in government.
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Follow Ups
- RE: Respectfully disagree - Ralph 08:52:20 04/09/25 (2)
- RE: Respectfully disagree - Freo-1 10:03:28 04/09/25 (1)
- RE: Respectfully disagree - Ralph 10:40:26 04/09/25 (0)