Posted on 03/04/2018 5:24:30 PM PST by bitt
If the U.S. were to exit NAFTA (North American Free Trade Agreement), the price you pay for most foodstuff at the grocery store would drop 10% in the first quarter and likely drop 20% or more by the end of the first year. Here’s why:
Approximately a decade ago the U.S. Dept of Agriculture stopped using U.S. consumer food prices within the reported measures of inflation. The food sector joined the ranks of fuel and energy prices in no longer being measured to track core inflation and backdrop Fed monetary policy. Not coincidentally this was simultaneous to U.S. consumers seeing massive inflation in the same highly consumable sector.
There are massive international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.
When you understand how trade works in the modern era you will understand why the agents within the system are so adamantly opposed to U.S. President Trump.
The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.
It doesn’t.
(Excerpt) Read more at theconservativetreehouse.com ...
The Myth of Global Markets Explains Why The DC UniParty View POTUS Trump As a Risk To Their World Order…
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All markets are global markets works fine for folks who are dedicated to the follow up proposition and we sell to the world.
But when a nation becomes the buyer from the world there is no way to avoid eventually becoming a borrower from the world.
I don’t care about Ricardo worship, so-called “free trade” or Adam Smith bowtie wearing GOPe open border hyenas.....whatever this cesspool is that the USA has fallen into, that has stripped 70,000 factories out of our nation & tens of millions jobs from the middle class and depressed wages since the 1970s is nothing but national suicide.
People are concerned about a trade war, really? We have been on the other end of a world-wide trade war since before NAFTA.
Usually, I like sundance at CTH. But, will someone please wake me up after I finish reading this article.....
Certainly the little globalist free traitor posters who still reamain on this site have been off the rails since this election.
Gonna be studying THAT article for awhile....
Methinks Sundance broke the “code.”
Under President Trump’s Trade positions, balanced and fair trade with strong regulatory control over national assets, exfiltration of U.S. national wealth is essentially stopped.
This puts many current multinational corporations, globalists who previously took a stake-hold in the U.S. economy with intention to export the wealth, in a position of holding contracted interest of an asset they can no longer exploit.
Nor are they in a position to divest. It's an interesting set of arguments. There are other ways to escape this system, naturally - Venezuela has exited it neatly by simply expropriating the entire multinational company assets. The results have been not entirely satisfactory.
Thanks for that post - I don’t really understand it all, but if DJT is for it, I guess I am too....
“But when a nation becomes the buyer from the world there is no way to avoid eventually becoming a borrower from the world.”
Very well said!
In addition, if you are a ‘service nation’, then you run the risk of not having the production capacity to provide for your own defense.
It certainly explains the passionate rhetoric devoid of information content on the part of the globalists.
The biggest challenge we face is that a country with the highest standard of living in the history of the world will almost never have a competitive advantage over its trading partners. That’s the dilemma every wealthy country faces.
Interesting article...think about some of the food companies...and what’s owned by multinationals....
Venezuela has a large trade SURPLUS — mainly because its people can’t afford to buy any imported products with its worthless currency.
Who owns free trade? Not the citizens of the USA. Like Sundance points out....massive global interests own free trade. Remember when grandma & grandpa got on those buses years ago for Canada to do some free trading of their own for cheaper drugs....and were slammed by the government for it.
Nonsense, that's what "economy of scale" is all about.
Sundance says the price of food would drop 10-20% if we exit NAFTA. And offers exactly zero proof, despite the long winded, rambling diatribe. He’s becoming famous for stating unsupported theory as fact. Won’t stop his sycophantic cheerleading chorus for praising him as the second coming.
Mark Bradman is his real name. Used to run a pro-Hillary blog, and work for Publix.
What “economy of scale” do we have with a trading partner like China whose population is four times larger than ours?
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