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@jb55 1744447349

Tired of cheap chinese crap everywhere. Maybe people will start saving their money and actually buy good quality stuff locally— not made with Foxconn-style labour. Low time preference.

How are tariffs on china a bad thing in this sense? I get that it’s a lot more complicated, with iphones being assembled by foxconn and the complexities of the supply chain… but still, isn’t this directionally ok? Even if we have to pay a higher price?

672❤️19🤙4👍2🚀2❤️1🎯1

No one stoping you from paying more to buy good stuff already now?

So what you're essentially trying to say is that more government intervention can be a good thing if it improves workers rights and leads to more sustainable produce? That's very liberal of you 😅

Its not that simple. Direction might be right but current execution is far from how to get there. They need to reduce debt levels and reduce reliance on supply chains. With current plan pretty much they can't even start being more self sufficient.

Matthew D · 63w

A trade war between the economic superpowers with how highly levered the system is is tantamount to a nuclear hot war on the economy.

Owner_of_donky · 63w

Buying cheap shot from China just to buy something is stupid. But China also produces some things that they are the only ones right now who does it good. Not many companies outside of China make good batteries, solar panels, drones and drone parts and many other things.

As it stands, the cost of manufacturing in the United States is much higher than that of manufacturing in China. For the rich, they can certainly choose more expensive and better things, but for the lower class people, they cannot afford more expensive things. 🤔

Achilles · 63w

Low time preference. Proof of work. Adopt the bitcoin standard 🧡🗽

Emperor Kuzco · 63w

Some short term pain will be required to reap long term reward.

slackerjoe · 63w

Read this: https://www.lynalden.com/wp-content/uploads/broken-money-chapter-13.pdf

Liberty Farmer · 63w

Who say Americans would make quality stuff? There is also some absolutely amazing and high quality stuff made is 100% in China. Look at American cars when they were all made here, for 30 years they were absolute garbage.

₿lagger₿ly · 63w

Trump exempts smartphones and computers from new tariffs https://www.bbc.com/news/articles/c20xn626y81o Seems reasonable until it’s something you do want 🤷‍♂️ The wiff of a shite brexit is everywhere right now ngl

Becauase price fixing leads to economic stagnation and eventually collapse, no matter how well intentioned. Tariffs are just another form of price fixing.

Orange Thoughts · 63w

nostr:nprofile1qyfhwue69uhhyetvv9uju6nzx56jucm0d5qs6amnwvaz7tmwdaejumr0dsqzqvhpsfmr23gwhv795lgjc8uw0v44z3pe4sg2vlh08k0an3wx3cj96l2ln2 you could already buy those low time preference goods before, why impose tariffs (taxes) on goods YOU think people should NOT buy? Let everybody make their own decis...

Jennifer Clooney · 63w

American made products are the same, if not worse. You could always buy better quality from Germany and Japan but you choose not to.

lkraider · 63w

I thought we would be all 3d printing our own cheap stuff by now, but alas, it seems we still need professional manufacturing with cheap labor.

Matt Corallo · 63w

Because the tariffs are also on raw materials and parts, making it unreasonably expensive to manufacture things in the US. If the tariffs were only on fished goods or strategic industries that might be different.

Original But Not · 63w

The absolute exploitation of cheap Labour is one issue which I hope could be solved somewhat by this…although perhaps there could be other ways around solving it too