Prices and Tarrifs
4First time ever, a site I order shoes from maybe every couple of years sent an email saying they will be raising prices Nov 1 and come get 'em while you can at this price.
Is it a gimmick , ofc
But it is also notice to your customers
(They haven’t significantly raised pries since I first ordered from them about 15 years ago)
- 2 comments, 1 reply
- Comment
It’s a sad state of affairs.
Unfortunately, the value of the dollar has been dramatically, reduced as inflation hit us all very hard. It comes down to supplying demand if the money supply is increased the value of the dollar goes down. This is basic economics raise items such as the minimum wage and it is like a ship on the water, everything comes up when the water level rises.
If you wanna blame tariffs, you might want to better understand world trade, and how the US has been taken advantage of all these years. In my opinion it is about time we did pushback. Will it hurt in the short term? Of course it will but in the long-term I think will be much better off. Feel free to agree or disagree as that’s what this country is made of people with different opinions.
@ldsacks You want to talk about the US being taken advantage of, you might want to study basic economics and gain an understanding of world trade. The US has not been taken advantage of. Then we have BS like “Canada has a 250% tariff on milk…” while the next part is “after an amount imported that has never ever been reached so that tariff rate has never, once, gone into effect.”
And the value of our dollar isn’t going down ‘because we have more’, it’s because our dollar vs debt is becoming worse and our dollar is losing it’s standing. Heck, one of the only groups buying into our debt with bonds is our President who is trying to get the rate dropped so his bonds skyrocket in value and he can off them. Inflation isn’t just a supply and demand thing, even the most basic economics class will go past that. What it comes down to: “Our country is not a trusted trading partner, our debt is worthless, our words are worthless, our products are over-priced and low quality.” Our dollar is losing value, our inflation is going up, because our current Regime that called themselves the ‘New Reich’ when Trump was running and his campaign made a statement to a newspaper, is doing everything in their power to drop our value so they can pocket as much money as possible.
There is a reason that every single economist outside of the Fox Entertainment/News room said this was going to happen exactly as it’s happening.
Not to mention, for those who are just unbelievably ignorant: Tariffs aren’t income for the government. There is no money generated. It’s literally taking from our citizens pockets and going to the government in the form of tax. It’s simply moving existing money from the citizens to government, it’s not even the most efficient tax.