Welcome to the Hardcore Husky Forums. Folks who are well-known in Cyberland and not that dumb.

Trump cannot understand currency or tariffs

13567

Comments

  • HoustonHusky
    HoustonHusky Member Posts: 6,016
    edited August 2019

    I like how AOG left of factory price drops China have had as well...AOG doing HondoFS economics now.

    Its why we have inflation indexes...

    then get the numbers
    They are called inflation numbers. No need to as HondoFS has already (unintentionally) pointed out the inflation numbers have actually fallen off since Trump started implementing tariffs.


  • ApostleofGrief
    ApostleofGrief Member Posts: 3,904

    Maybe you should quit an hide under your bed with the girls afraid of white supremacists


    https://cnn.com/2019/07/15/economy/china-gdp-growth/index.html


    Hong Kong (CNN Business)China's economic growth has slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States.

    The country's gross domestic product grew at 6.2% in the quarter ended June, the slowest quarterly growth rate since 1992 and down from 6.4% in the previous quarter, according to government figures released on Monday.
    And the Chinese economy will continue to face "downward pressure" in the second half of this year, the country's National Bureau of Statistics said in a statement.
    "The Chinese economy is still in a complex and grave situation," it said. "Global growth has slowed and external uncertainties are on the rise."
    Beijing and Washington recently agreed a temporary truce in their months-long trade war and are planning to restart trade talks.



    This is why we don't need pussies in the government that are scared to win and get upset over some cheap shit from China costing more

    This is a little bigger than that but go ahead and vote for Biden who China owns.

    That shows China's economy is going down. My argument is not that. Trump says "the tens of billions of dollars that the U.S. is receiving is a gift from China." This is a false and grossly misleading statement. I'm not arguing China is a problem, I know it is. It is the solution I'm talking about.

    Any one speak gibberish?
    So, like I said, you don't argue rationally so there is no point in continuing. You believe nonsense like people believe religion. It's OK. It's a human defect.
    Nobody has believed and peddled more nonsense here than Team Hondo of which you are a proud and loud member

    Heal yourself
    Man. How can anything be more nonsensical than a president who says "tens of billions of dollars... the US is receiving is a gift from China"? The fact is that you are using post-truthism. You don't want to believe in truth. It truly is that simple.
  • ApostleofGrief
    ApostleofGrief Member Posts: 3,904

    I like how AOG left of factory price drops China have had as well...AOG doing HondoFS economics now.

    Its why we have inflation indexes...

    then get the numbers
    They are called inflation numbers. No need to as HondoFS has already (unintentionally) pointed out the inflation numbers have actually fallen off since Trump started implementing tariffs.


    US inflation or China? Ours has been low for the entire century to date. No argument.
  • Gwad
    Gwad Member Posts: 2,855

    Maybe you should quit an hide under your bed with the girls afraid of white supremacists


    https://cnn.com/2019/07/15/economy/china-gdp-growth/index.html


    Hong Kong (CNN Business)China's economic growth has slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States.

    The country's gross domestic product grew at 6.2% in the quarter ended June, the slowest quarterly growth rate since 1992 and down from 6.4% in the previous quarter, according to government figures released on Monday.
    And the Chinese economy will continue to face "downward pressure" in the second half of this year, the country's National Bureau of Statistics said in a statement.
    "The Chinese economy is still in a complex and grave situation," it said. "Global growth has slowed and external uncertainties are on the rise."
    Beijing and Washington recently agreed a temporary truce in their months-long trade war and are planning to restart trade talks.



    This is why we don't need pussies in the government that are scared to win and get upset over some cheap shit from China costing more

    This is a little bigger than that but go ahead and vote for Biden who China owns.

    That shows China's economy is going down. My argument is not that. Trump says "the tens of billions of dollars that the U.S. is receiving is a gift from China." This is a false and grossly misleading statement. I'm not arguing China is a problem, I know it is. It is the solution I'm talking about.

    Any one speak gibberish?
    So, like I said, you don't argue rationally so there is no point in continuing. You believe nonsense like people believe religion. It's OK. It's a human defect.
    Nobody has believed and peddled more nonsense here than Team Hondo of which you are a proud and loud member

    Heal yourself
    Man. How can anything be more nonsensical than a president who says "tens of billions of dollars... the US is receiving is a gift from China"? The fact is that you are using post-truthism. You don't want to believe in truth. It truly is that simple.
    Ya you're arguing with a Climate Change is a hoax invented by China guy. Good luck.
  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,596 Founders Club
    GDS said:

    Maybe you should quit an hide under your bed with the girls afraid of white supremacists


    https://cnn.com/2019/07/15/economy/china-gdp-growth/index.html


    Hong Kong (CNN Business)China's economic growth has slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States.

    The country's gross domestic product grew at 6.2% in the quarter ended June, the slowest quarterly growth rate since 1992 and down from 6.4% in the previous quarter, according to government figures released on Monday.
    And the Chinese economy will continue to face "downward pressure" in the second half of this year, the country's National Bureau of Statistics said in a statement.
    "The Chinese economy is still in a complex and grave situation," it said. "Global growth has slowed and external uncertainties are on the rise."
    Beijing and Washington recently agreed a temporary truce in their months-long trade war and are planning to restart trade talks.



    This is why we don't need pussies in the government that are scared to win and get upset over some cheap shit from China costing more

    This is a little bigger than that but go ahead and vote for Biden who China owns.

    That shows China's economy is going down. My argument is not that. Trump says "the tens of billions of dollars that the U.S. is receiving is a gift from China." This is a false and grossly misleading statement. I'm not arguing China is a problem, I know it is. It is the solution I'm talking about.

    No it doesnt. It says the Chinese economy isn't growing as fast as it once was and is now "only" growing at three times the rate of our economy. No one expected the Chinese economy to continue to grow at 10-11% as it's transitioned as it's unsustainable.
    I suppose you believe that North Koreans are well fed and happy too.
  • GDS
    GDS Member Posts: 1,470

    I like how AOG left of factory price drops China have had as well...AOG doing HondoFS economics now.

    Its why we have inflation indexes...

    then get the numbers
    They are called inflation numbers. No need to as HondoFS has already (unintentionally) pointed out the inflation numbers have actually fallen off since Trump started implementing tariffs.


    https://www.reuters.com/article/us-usa-economy-inflation/u-s-inflation-accelerates-fed-rate-cut-still-expected-idUSKCN1V3158

    U.S. consumer prices increased broadly in July

    Excluding the volatile food and energy components, the CPI gained 0.3% after rising by the same margin in June. It was the first time since early 2001 that the so-called core CPI increased 0.3% for two consecutive months.

    The three-month core inflation rate jumped 2.8%, the most in eight years, supporting the view that weak inflation readings earlier in the year were caused by transitory factors.

    Goldman Sachs estimates that tariffs have boosted year-on-year core PCE inflation by 10-15 basis points so far and that the new duties will add another 20 basis points.

    “There were some hints in the report that the May round of tariffs may have had some flow-through to today’s number,” said Michael Feroli, an economist at JPMorgan in New York. “Core goods prices were up a firm 0.25%, with large increases in import-dependent categories like information technology commodities and household furnishings and supplies.”
  • ApostleofGrief
    ApostleofGrief Member Posts: 3,904
    GDS said:

    I like how AOG left of factory price drops China have had as well...AOG doing HondoFS economics now.

    Its why we have inflation indexes...

    then get the numbers
    They are called inflation numbers. No need to as HondoFS has already (unintentionally) pointed out the inflation numbers have actually fallen off since Trump started implementing tariffs.


    https://www.reuters.com/article/us-usa-economy-inflation/u-s-inflation-accelerates-fed-rate-cut-still-expected-idUSKCN1V3158

    U.S. consumer prices increased broadly in July

    Excluding the volatile food and energy components, the CPI gained 0.3% after rising by the same margin in June. It was the first time since early 2001 that the so-called core CPI increased 0.3% for two consecutive months.

    The three-month core inflation rate jumped 2.8%, the most in eight years, supporting the view that weak inflation readings earlier in the year were caused by transitory factors.

    Goldman Sachs estimates that tariffs have boosted year-on-year core PCE inflation by 10-15 basis points so far and that the new duties will add another 20 basis points.

    “There were some hints in the report that the May round of tariffs may have had some flow-through to today’s number,” said Michael Feroli, an economist at JPMorgan in New York. “Core goods prices were up a firm 0.25%, with large increases in import-dependent categories like information technology commodities and household furnishings and supplies.”
    It doesn't look like it is materially different than the annualized goal of 2% inflation despite spikes and troughs . So what is your point?
  • Sledog
    Sledog Member Posts: 38,686 Standard Supporter
    Gwad said:



    Maybe you should quit an hide under your bed with the girls afraid of white supremacists


    https://cnn.com/2019/07/15/economy/china-gdp-growth/index.html


    Hong Kong (CNN Business)China's economic growth has slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States.

    The country's gross domestic product grew at 6.2% in the quarter ended June, the slowest quarterly growth rate since 1992 and down from 6.4% in the previous quarter, according to government figures released on Monday.
    And the Chinese economy will continue to face "downward pressure" in the second half of this year, the country's National Bureau of Statistics said in a statement.
    "The Chinese economy is still in a complex and grave situation," it said. "Global growth has slowed and external uncertainties are on the rise."
    Beijing and Washington recently agreed a temporary truce in their months-long trade war and are planning to restart trade talks.



    This is why we don't need pussies in the government that are scared to win and get upset over some cheap shit from China costing more

    This is a little bigger than that but go ahead and vote for Biden who China owns.

    That shows China's economy is going down. My argument is not that. Trump says "the tens of billions of dollars that the U.S. is receiving is a gift from China." This is a false and grossly misleading statement. I'm not arguing China is a problem, I know it is. It is the solution I'm talking about.

    Any one speak gibberish?
    So, like I said, you don't argue rationally so there is no point in continuing. You believe nonsense like people believe religion. It's OK. It's a human defect.
    Nobody has believed and peddled more nonsense here than Team Hondo of which you are a proud and loud member

    Heal yourself
    Man. How can anything be more nonsensical than a president who says "tens of billions of dollars... the US is receiving is a gift from China"? The fact is that you are using post-truthism. You don't want to believe in truth. It truly is that simple.
    Ya you're arguing with a Climate Change is a hoax invented by China guy. Good luck.

  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,788 Founders Club

    Maybe you should quit an hide under your bed with the girls afraid of white supremacists


    https://cnn.com/2019/07/15/economy/china-gdp-growth/index.html


    Hong Kong (CNN Business)China's economic growth has slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States.

    The country's gross domestic product grew at 6.2% in the quarter ended June, the slowest quarterly growth rate since 1992 and down from 6.4% in the previous quarter, according to government figures released on Monday.
    And the Chinese economy will continue to face "downward pressure" in the second half of this year, the country's National Bureau of Statistics said in a statement.
    "The Chinese economy is still in a complex and grave situation," it said. "Global growth has slowed and external uncertainties are on the rise."
    Beijing and Washington recently agreed a temporary truce in their months-long trade war and are planning to restart trade talks.



    This is why we don't need pussies in the government that are scared to win and get upset over some cheap shit from China costing more

    This is a little bigger than that but go ahead and vote for Biden who China owns.

    That shows China's economy is going down. My argument is not that. Trump says "the tens of billions of dollars that the U.S. is receiving is a gift from China." This is a false and grossly misleading statement. I'm not arguing China is a problem, I know it is. It is the solution I'm talking about.

    Any one speak gibberish?
    So, like I said, you don't argue rationally so there is no point in continuing. You believe nonsense like people believe religion. It's OK. It's a human defect.
    Nobody has believed and peddled more nonsense here than Team Hondo of which you are a proud and loud member

    Heal yourself
    Man. How can anything be more nonsensical than a president who says "tens of billions of dollars... the US is receiving is a gift from China"? The fact is that you are using post-truthism. You don't want to believe in truth. It truly is that simple.
    The fact is no one cares about your quote that you hang onto like your last girlfriend who left you with your tiny dick in your hand

    Biden is bought and paid for by China AND says stupid shit everyday

    What's your fucking point?
  • RaceBannon
    RaceBannon Member, Moderator, Swaye's Wigwam Posts: 115,788 Founders Club
    Gwad said:



    Maybe you should quit an hide under your bed with the girls afraid of white supremacists


    https://cnn.com/2019/07/15/economy/china-gdp-growth/index.html


    Hong Kong (CNN Business)China's economic growth has slumped to its lowest level in nearly three decades as the world's second largest economy feels the effects of a prolonged trade war with the United States.

    The country's gross domestic product grew at 6.2% in the quarter ended June, the slowest quarterly growth rate since 1992 and down from 6.4% in the previous quarter, according to government figures released on Monday.
    And the Chinese economy will continue to face "downward pressure" in the second half of this year, the country's National Bureau of Statistics said in a statement.
    "The Chinese economy is still in a complex and grave situation," it said. "Global growth has slowed and external uncertainties are on the rise."
    Beijing and Washington recently agreed a temporary truce in their months-long trade war and are planning to restart trade talks.



    This is why we don't need pussies in the government that are scared to win and get upset over some cheap shit from China costing more

    This is a little bigger than that but go ahead and vote for Biden who China owns.

    That shows China's economy is going down. My argument is not that. Trump says "the tens of billions of dollars that the U.S. is receiving is a gift from China." This is a false and grossly misleading statement. I'm not arguing China is a problem, I know it is. It is the solution I'm talking about.

    Any one speak gibberish?
    So, like I said, you don't argue rationally so there is no point in continuing. You believe nonsense like people believe religion. It's OK. It's a human defect.
    Nobody has believed and peddled more nonsense here than Team Hondo of which you are a proud and loud member

    Heal yourself
    Man. How can anything be more nonsensical than a president who says "tens of billions of dollars... the US is receiving is a gift from China"? The fact is that you are using post-truthism. You don't want to believe in truth. It truly is that simple.
    Ya you're arguing with a Climate Change is a hoax invented by China guy. Good luck.
    He is?

    Lightweight