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  1. #61
    Join Date
    Nov 2008
    Location
    So. MN
    Posts
    3,638

    Default

    Quote Originally Posted by cncmin View Post
    But you don't understand economics either.
    Nor you, Asshat.
    Please consider donating to this site; especially if you are a frequent poster.


  2. #62

    Default

    Quote Originally Posted by LesBolstad View Post
    Nor you, Asshat.
    Tell us. What is the right level of assets on the Fed's books?

  3. #63

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    Quote Originally Posted by justthefacts View Post
    Is a strong dollar good or bad? Should the Fed pursue a strong dollar or not?







    Is food good or bad? Should one eat lots of food or none?

  4. #64

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    Quote Originally Posted by bga1 View Post
    Is food good or bad? Should one eat lots of food or none?
    In Apr 2013 when Trump said that China was laughing at us, the USD was worth 6.20197 yuan.

    Last week, when Trump complained the Fed was hurting us and China was devaluing its currency, the dollar was worth 7.04532 yuan.

    What exactly is the range inside of which China is neither laughing at us or hurting our exports?

  5. #65

    Default

    Quote Originally Posted by justthefacts View Post
    In Apr 2013 when Trump said that China was laughing at us, the USD was worth 6.20197 yuan.

    Last week, when Trump complained the Fed was hurting us and China whttp://www.forums.gopherhole.com/boards/newreply.php?do=newreply&p=1771429as devaluing its currency, the dollar was worth 7.04532 yuan.

    What exactly is the range inside of which China is neither laughing at us or hurting our exports?
    Somewhere in the range where we are now collecting somewhere between 50 and 100 billion in tariffs on products they make until they get their act together. They are not laughing at us that is for sure and we will be exporting more in the future because more of our products will be made here.

  6. #66

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    Quote Originally Posted by bga1 View Post
    Somewhere in the range where we are now collecting somewhere between 50 and 100 billion in tariffs on products they make until they get their act together. They are not laughing at us that is for sure and we will be exporting more in the future because more of our products will be made here.
    The current range can't be right. Trump was just complaining that the dollar was too strong last week.



    https://www.nytimes.com/2019/08/13/b...a-tariffs.html

  7. #67

    Default

    Well then, let's just let China continue to cheat on us in trade. I mean if Big Business is complaining then Trump has to be wrong!

    Let me ask you a few questions in order to get perspective on you:

    1. Are you in favor of a carbon tax ?
    2. Would you like to see more or less regulation on Big Pharma?
    3. Do you think we should pay more taxes or less?
    4. Would you like to see a higher federal minimum wage?

  8. #68

    Default

    Quote Originally Posted by justthefacts View Post
    Tell us. What is the right level of assets on the Fed's books?
    Zero.

  9. #69

    Default

    Quote Originally Posted by bga1 View Post
    Well then, let's just let China continue to cheat on us in trade. I mean if Big Business is complaining then Trump has to be wrong!

    Let me ask you a few questions in order to get perspective on you:

    1. Are you in favor of a carbon tax ?
    2. Would you like to see more or less regulation on Big Pharma?
    3. Do you think we should pay more taxes or less?
    4. Would you like to see a higher federal minimum wage?
    So you're saying that by deferring to big business and delaying or eliminating tariffs, Trump is letting China cheat us?

  10. #70

    Default

    Quote Originally Posted by justthefacts View Post
    So you're saying that by deferring to big business and delaying or eliminating tariffs, Trump is letting China cheat us?
    No Trump is not deferring to Big Business, Trump is a main street guy. Answer the questions and I'll tell you why.

  11. #71

    Default

    Quote Originally Posted by Section2 View Post
    Zero.
    He has been posting on here this long and he couldn't figure out what your answer would be..... Why do we do this? Sigh.

  12. #72

    Default

    Quote Originally Posted by bga1 View Post
    He has been posting on here this long and he couldn't figure out what your answer would be..... Why do we do this? Sigh.
    to be fair, he didn't ask me.

  13. #73

    Default

    Nothing like labeling one of your appointees the enemy.




    Also worth noting that the dollar is worth less relative to the Euro than when Trump took office. It's very similar to where it was against the pound.




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