Buy gold. That’s the only take away from this insanity.
One of the biggest challenges in the political world is that candidates cannot win unless they feed the delusion that most voters have — that they can have $35/hour wages, Walmart prices, and steep tariffs on imports … all at the same time.
More importantly than the exchange rate between countries and governments, who seem to try and out-central-plan each other - is the “exchange rate” between the government currency and your individual labor and savings.
And that is declining relentlessly.
I think the motor vehicle trade should be financially balanced along the lines of American/Canadian method used about 60 years ago.
American-made internal combustion engines and EV batteries might flow to Mexico in exchange for Mexican-made auto parts and wiring assemblies.
Another thing is to have simple things that can be made by machine be made in the USA.
Holy dollar hurts all the idiots and traitors who outsource their factories to other countries.
the dollar has already lost over 90% of its purchasing power in my lifetime....
1 percent
2 percent
....
48 percent?
Come 2029.
WIKI
The first ships required about 230 days to build (Patrick Henry took 244 days), but the median production time per ship dropped to 39 days by 1943. The record was set by SS Robert E. Peary, which was launched 4 days and 151⁄2 hours after the keel had been laid, although this publicity stunt was not repeated: in fact much fitting-out and other work remained to be done after the Peary was launched. The ships were made assembly-line style, from prefabricated sections. In 1943 three Liberty ships were completed daily.
Class overview
Name Liberty ship
Builders 18 shipyards in the United States
Cost US$2 million ($43 million in 2024) per ship
Planned 2,751
Completed 2,710
Active 2 (Traveling museum ships)
Preserved 4
General characteristics
Class and type Cargo ship
Tonnage 7,176 GRT, 10,865 DWT[2]
Displacement 14,245 long tons (14,474 t)
Length 441 ft 6 in (134.57 m)
Beam 56 ft 10.75 in (17.3 m)
Draft 27 ft 9.25 in (8.5 m)
Propulsion
Two oil-fired boilers
triple-expansion steam engine
single screw, 2,500 hp (1,900 kW)
Speed 11–11.5 knots (20.4–21.3 km/h; 12.7–13.2 mph)
Range 20,000 nmi (37,000 km; 23,000 mi)
Complement
38–62 USMM
21–40 USNAG
Armament Stern-mounted 4-in (102 mm) deck gun for use against surfaced submarines, variety of anti-aircraft guns
https://en.wikipedia.org/wiki/Liberty_ship
Really laugh out loud funny. The US has the most bloated, inefficient, and costliest healthcare system on the planet. You can get comparable healthcare in Europe for 1/8 to 1/10 the cost. In fact, my old insurance would pay to fly you to Europe to have certain procedures like knee replacements done.
The dollar is rapidly devaluing without being officially “devalued.” That’s what inflation is.
Devaluation will not lead to high inflation. It IS high inflation you dolts.
Not having a tariff is risky. Anway the USA has been in a trade war with the entire world since 1990. Well if you call complete capitulation a war....
Our Congress Critters have been doing that since they took the dollar off of silver. Now a nickle candy bar cost $2.25 plus sales tax.
Horse crap.!! Devaluing the dollar is exactly what's going on right now.! If your your money buys less, it's because it's worth less.. And if that continues it becomes worthless.
Unearned dollars are the problem. That's what's causing deflation of our money. The stinking government is printing money like it's free. :(