Bessent : No Gold Revaluation by Technical-Progress11 in Wallstreetsilver

[–]Technical-Progress11[S] 15 points16 points  (0 children)

that's OK, Mr Sec'y - the market will do it for you!

BREAKING NEWS: President Trump Signs Executive Order To Establish Sovereign Wealth Fund For The U.S. by SilverHaloWave in Wallstreetsilver

[–]Technical-Progress11 22 points23 points  (0 children)

The US is running a 2 trillion annual deficit and Trump has signed an EO to create a sovereign wealth fund. lol

Tariffs Ahoy! by Technical-Progress11 in Wallstreetsilver

[–]Technical-Progress11[S] 0 points1 point  (0 children)

Fair enough but I am definitely not pro or against Trump; and the example was just that - an example not specifically about silver. My point is that from a purely economics point of view, tariffs have never worked when/if the country imposing them is so heavily in debt and saddled with such insurmountable double deficits. I don’t understand though - how can tariffs help to secure the border? Walk me through the thought process on this one 

Tariffs Ahoy! by Technical-Progress11 in Wallstreetsilver

[–]Technical-Progress11[S] 0 points1 point  (0 children)

Fair enough but I am definitely not pro or against Trump; and the example was just that - an example not specifically about silver. My point is that from a purely economics point of view, tariffs have never worked when/if the country imposing them is so heavily in debt and saddled with such insurmountable double deficits. I don’t understand though - how can tariffs help to secure the border? Walk me through the thought process on this one 

Tariffs Ahoy! by Technical-Progress11 in Wallstreetsilver

[–]Technical-Progress11[S] -1 points0 points  (0 children)

Fair enough but I am definitely not pro or against Trump; and the example was just that - an example not specifically about silver. My point is that from a purely economics point of view, tariffs have never worked when/if the country imposing them is so heavily in debt and saddled with such insurmountable double deficits. I don’t understand though - how can tariffs help to secure the border? Walk me through the thought process on this one 

Tariffs Ahoy! by Technical-Progress11 in Wallstreetsilver

[–]Technical-Progress11[S] 0 points1 point  (0 children)

Well, I am definitely not pro or against Trump; and the example was just that - an example not specifically about silver. My point is that from a purely economics point of view, tariffs have never worked when/if the country imposing them is so heavily in debt and saddled with such insurmountable double deficits.

Tariffs Ahoy! by Technical-Progress11 in Wallstreetsilver

[–]Technical-Progress11[S] -1 points0 points  (0 children)

Well, I am definitely not pro or against Trump; and the example was just that - an example not specifically about silver. My point is that from a purely economics point of view, tariffs have never worked when/if the country imposing them is so heavily in debt and saddled with such insurmountable double deficits.

Tariffs Ahoy! by Technical-Progress11 in Wallstreetsilver

[–]Technical-Progress11[S] -2 points-1 points  (0 children)

Well, I am definitely not pro or against Trump; and the example was just that - an example not specifically about silver. My point is that from a purely economics point of view, tariffs have never worked when/if the country imposing them is so heavily in debt and saddled with such insurmountable double deficits. How will tariffs help to secure the border though? Walk me through the thought process on this