this post was submitted on 07 Nov 2024
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He understands tariffs in his terms - that "tariffs" is a useful word to trick people into doing what he wants. How tariffs work in the real world is irrelevant to him, the word gets him what he wants, and that's all he needs from tariffs.
except he "renegotiated" nafta and is now threatening mexico with tariffs. He's a childlike negotiator playing geopolitics backed by like 5 giant media conglomorates and silicon valley guys who reinvent busses and trains every 5 years.
The reality is the crypto people are going to stash their crypto as the economy tanks intent on living like millionaires. Then the big money will cash out and crash that market leaving all the small holders in the dust.