Originally Posted By: Salmo g.
Tariffs are one cause of inflation, but not the only cause.


No tariffs don't cause inflation. Go back and read what I wrote. Better yet, I'll explain it in greater detail in terms that even a 5th grader can understand. This is math, not politics. This is an absolute certainty, no room for opinion. My Marriam-Webster Dictionary issued in 1984 defines Inflation as "an increase in the volume of money relative to available goods and services." Inflation is caused by government printing money to cover for deficit spending. You mentioned this fact already in this very thread.

Originally Posted By: Salmo g.
whenever a government just prints money – adding to the deficit – inflation always results.


A tariff is a tax on an imported good or service. It thus does indeed raise the price of said good or service by the amount of the tariff. This is easily understood and weaponized by the liars in the media and economic profession. In fact a tariff is exactly neutral to inflation as a whole. Why? Let's take an example.

There is a shoe that has a price of $50 at the dock coming into the US. The US Government slaps a $14 tariff on it, so now the cost at the dock is $64. Assuming the business passes that through and neither attempts to profit from or absorb it, that is, they take no deliberate action to attempt to exploit it or be damaged by it, the entire $14 shows up on the shelf price. That sounds inflationary. It isn't. Why not?

Because all inflation is caused by the emission of credit by printing money, and the US Government is running a fiscal deficit-that is, emitting credit by printing money. This is the infamous Milton Friedman, a Nobel laureate in economics, statement: "Inflation is always and everywhere a monetary phenomena."

So where does the $14 go? It goes directly to the Federal Government and reduces inflation generated by the federal government's deficit spending by the exact same amount the price increase at the consumer increases it.

Again, tariffs are a zero when it comes to inflation-they neither help or hurt it as a function of imposing and collecting them because there is exact balance, to the penny, of both inflationary and deflationary forces. When you say that tariffs cause inflation you are only looking at the inflationary side of the $14 on the shoe that you see and not the deflationary side of the $14 that reduces the government deficit and thus money printing that is unseen.

However, to the extent a tariff incentivizes jobs and production to come back to the United States they are deflationary and benefit consumers by lowering inflation pressure in that producing a good or service in the United States instead of overseas means all of the tax revenue generated by the activity happens here in the United States and tax revenue of course decreases the deficit and thus drives inflation down.

So tariffs are directly neutral to inflation but because they have the intended effect of incentiving jobs here in America, additional taxes will be collected on these jobs in America that goes right to the Federal Government and causes less money to need to be printed to cover the deficit and that causes deflation. The inflation that we have had over the last 4 years isn't because of Trump's proposed tariffs, the inflation we have had is because of money printed at the Federal Reserve to fund deficit spending. Here we are, the Federal Reserve's own statistics (https://fred.stlouisfed.org/series/CURRCIR), since Jan-1-2020 until today the money supply has increased 33%, since our goods and services supply didn't increase by 33% instead prices on goods and services has gone up 33%. It's not tariffs, it's the Federal Reserve part of the Federal Government doing the inflation. The only place where the volume of money increases from is the Federal Reserve, it's the only place inflation can come from. Not tariffs.



So no, this isn't an alternative fact. This is just one of hundreds of issues you are about as knowledgeable as a 5th grader on. You have deep knowledge on one topic of fisheries but on every other subject your knowledge is shallow and you are as ignorant as a 5th grader. Except I know some 5th graders who aren't as shallow as you are in your general knowledge areas.

So instead of handwaving it away as "alternative facts" why don't you address my actual argument and the math. Or maybe admit that on this topic, you are out of your depth.

Originally Posted By: Salmo g.
Never heard about the Fuentes endorsement of Harris. Seems like an odd endorsement from the Holocaust denier.


Try getting your news from somewhere other than ABC, CBS, MSNBC & CNN. Try these places...

https://www.newsweek.com/nick-fuentes-slams-donald-trump-supporters-it-cult-1979186
https://timesofindia.indiatimes.com/worl...w/112655203.cms
https://nationalzero.com/2024/09/17/nick-fuentes-endorses-kamala-harris/
https://www.rawstory.com/nick-fuentes-2669567900/
https://www.thedailybeast.com/neo-nazi-commentator-nick-fuentes-accepts-liberals-are-right/
https://www.newsweek.com/conservative-in...lection-1927860
https://www.peoplefor.org/rightwingwatch...t-takeover-2028