stacksatsio on Nostr: The point is in fact to reduce trade imbalances. You have trade imbalances because ...
The point is in fact to reduce trade imbalances.
You have trade imbalances because you have the global reserve currency and thus the exorbitant privilege of making inflation your number 1 export - you print money and export it, and in return get cheap goods, like rubber.
Trump has repeatedly said he wants to maintain USD hegemony which means trade imbalances aren’t going anywhere.
It has nothing to do with “reciprocal tariffs”, that’s like believing the “Inflation Reduction Act” was actually meant to reduce inflation.
So who is the moron now?
Published at
2025-04-03 14:58:25Event JSON
{
"id": "ba0700ceba0c70c79e237ace954a364199e8a49f199311e45682d87406e7d385",
"pubkey": "7ca66d4166b16f54a16868191ba1c6386a976624f4634f3896d9b6740a388ca3",
"created_at": 1743692305,
"kind": 1,
"tags": [
[
"e",
"a4e13d95ddb7245a61f41a567f3d797670f3c4952b6e2b8d7d54b1ff9d19d690",
"",
"root"
],
[
"e",
"f741672469ce260e3f03e8a7620a2f6d12f41aebbbd4acfab633c8093c30383a",
"",
"reply"
],
[
"p",
"8aedc87160819e490cb0162acbd8c9a26d79e63db74f5b1b65939012924a7f05"
],
[
"p",
"edb470271297ac5a61f277f3cd14de54c67eb5ccd20ef0d9df29be18685bb004"
]
],
"content": "The point is in fact to reduce trade imbalances.\n\nYou have trade imbalances because you have the global reserve currency and thus the exorbitant privilege of making inflation your number 1 export - you print money and export it, and in return get cheap goods, like rubber.\n\nTrump has repeatedly said he wants to maintain USD hegemony which means trade imbalances aren’t going anywhere.\n\nIt has nothing to do with “reciprocal tariffs”, that’s like believing the “Inflation Reduction Act” was actually meant to reduce inflation.\n\nSo who is the moron now?\n\nnostr:note1nj8saw7r8gf0pexmj3d8pga0dzg9jdmhwslhphucctejyd4y29nsx0g0mp",
"sig": "66f83aeaf6632448b27ab4eb905f7d0326d6fc975a0d0423bc385b2395b82cc5e1e971f7dcef0827a99c76f1290711ff5d01aac6adf30ff3fe1b8b06701092bf"
}
