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In Reply to: RE: Tariffs have a way of causing inflation too nt posted by Ralph on February 12, 2025 at 12:48:12
A tariff is a tax borne by the people in the country charging the tariff. If your supplier/import pays a 25% tariff and passes it on to you, are you going to eat it and shrink your margin? The idea is for the importer to find another source of supply. In that case, no tariff revenue is collected. The goal would be to bring back certain manufacturing processes here, but that takes time and money and with interest rates rising to fight inflation due in part to tariffs, that may be very difficult to get financed and paid for unless the government spends more money to subsidize construction projects. It's a slippery slope. We could be headed for depression. Tax cuts are going to add about $4 trillion to the deficit. Debt ceiling raised by $4 trillion (proposed budget). I am going to be fine because I am sitting on a pile or money. Most people aren't that lucky. If you are on a fixed income, you may be taking a haircut and then see purchasing power further compromised by inflation. Inflation is a killer for fixed income.
Follow Ups:
ALL of this is caused by one thing:
HIGH TAXES. High tax societies are, in the end, doomed.High taxes cause large governments, and all sorts of
crackpot rules and regulations-- both of which serve to
kill-off the producers, greatly reducing the people's
ways of earning a decent living. This reduces the stature
of the people-- they earn less than it takes to buy what
they want or need.When govs get too big from the criminally HIGH
TAXES, deficit spending occurs. This kind of
spending causes extra money printing and on-again-off-again,
interest rate manipulations, which destabilize the people,
from earning a decent living.
The people become more sickly and more dissatisfied. They
resort to blaming each other, and everything else in
between, but the CAUSE of the whole thing-- HIGH TAXES,
is ignored.Since the problems can no longer be solved, more
money is printed, absolutely guaranteeing that
soon, everybody and everything will be going broke--
(the excess money printed reduces the value of it
so much that price increases from all the extra
money causes costs and prices to far outrun incomes,
as the gov and all those connected to it-- outbid
the people for goods and services that are left).When all else fails, (it always does), then they
take you to WAR, which makes a FEW filthy rich, but
no one else gets the "spoils" of the HIGH TAX
monstrosity.Get prepared. Here it comes-- in spades.
You might want to stash a few good electronic
parts-- some of those will be no longer be available
as more and more producers are taxed- and tarrifed--
out of business.-Dennis-
Edits: 04/04/25 04/04/25
Nt.
Mark in NC
"The thought that life could be better is woven indelibly into our hearts and our brains" -Paul Simon
I really don't think this tariff thing was thought out. I suspect Trump was asleep in 3rd grade when this stuff was taught (at least, that is when they taught that in North Carolina back in the 1960s...).
Seems logical to me! Or maybe didn't pass 1st grade? Or.....
maybe it doesn't matter?
Hey! I've been playing around a lot lately-- with old Genelex,
Mullard, and Gold Lion KT88's. The Real Thing.
I think they really are "The King of Power Tubes".
What is wrong with me? I've always hated
NOS tubes-- you know-- those old pot-metal things with
low vacuums, and crappy internal hookup wires? Especially
the triodes? (Except for Eimac, of course)-----.
But KT-88's? Genelex/Gold-Lion did use good stuff, it seems....
There just isn't any doubt whatsoever about their audio
performance-- in my opinion, so I just had to try all the new
"Gold Lion" replicas, the "Mullard" replicas, The JJ's-- both
standard and blue-glass and the TAD's-- both standard and
"Black-Plate".
Well, what is wrong with me? I was once doing all DHT's.....
Well? Heck! The KT-88's are all good, but the Electro has
less bottom-end, but is otherwise excellent, the JJ's are a
"sit back and enjoy the guitars" dream, The Gold-Lions
have more of everything and are very powerful & clean,
the Mullards are OK overall as are the standard TAD's,
but the "Black_Plate" model (of TAD) will stun you and
set back most all of your pet theories about vacuum tube
fidelity-- a few notches!
My, My! Isn't that a Hoot! They're Chinese. Oh, Oh!
Get ready for unstability-- it's that time of the century now.
-Dennis-
C- in Econ at Wharton/UPenn after he transferred in from Fordham. I know people that know him personally. He really doesn't know how it works. Hopefully the people around him can manage it if he will listen to them at this point. I work in Finance. It has already costs us a lot of time working on contingencies. Everyone is.
I have no doubt he does not understand many of his actions, but what astonishes me is his ability to find advisors willing to become his sock puppet even in spite of their prior training and experience which might otherwise lead them to advise against, for example these high tariffs.
Edits: 02/15/25
Which of the proposed tariffs have gone into effect?
Tre'
Have Fun and Enjoy the Music
"Still Working the Problem"
Search up semi-conductors in Mouser or Digikey.
I suspect you are looking for a specific tariff notice on a specific part. I don't have that.
Douglas
Friend, I would not hurt thee for the world...but thou art standing where I am about to shoot.
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