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Eschew flamebait. Avoid generic tangents. Omit internet tropes.
Please don't use Hacker News for political or ideological battle. It tramples curiosity.
Six months into tariffs, businesses have no idea how to price anything
521–530 of 704 posts
Re: Six months into tariffs, businesses have no idea how to price anything
#522Think about the fact that inflation was effectively killed and rates were set to come down by 2%. Then this clown comes in and does this. Inexcusable. Biggest economic policy blunder in history. Don’t let sky high stock market fool you.
Re: Six months into tariffs, businesses have no idea how to price anything
#523Earlier quoted context omitted.
> The most insane ending to all of this that I can imagine The most insane ending is that tarrifs are reverted but most of the price hike will stay for good.
Why would that happen, if it didn’t happen before the tarrifs?
Because companies make more profits when the prices are higher.
Under normal conditions, if one company increases their price then buyers will find an alternative.
When all the companies increase the price at the same time then there are no alternatives. Customers become acclimated to the new price.
Re: Six months into tariffs, businesses have no idea how to price anything
#524Earlier quoted context omitted.
Maybe we should just lay down and let the world do whatever they want. I would hate to be accused of negotiating from a position of power.
The entire post-WWII world order was deliberately designed by clever Americans who knew how to use the situation to its full advantage. Enshrining the USD as the world's reserve currency, a network of military bases around the world to protect trade lanes, a combination of propaganda and economic incentive to bring the best and brightest to work in the US, while deliberately transforming the economy from a manufactur…
Yes, Trump is destroying it. But this order was crumbling already. The reason is that the "smart" people from the past believed they could always count on being the middlemen of the world. They believed that other countries would always be happy to send their best people and products to the US so that American companies would trade their branded versions around the world for a high markup. The reality is that other countries slowly understood that they had everything they needed to start trading among themselves without the need of a middleman. And once this realization sinks in it is difficult to go back to the status quo of depending on a single country.
Re: Six months into tariffs, businesses have no idea how to price anything
#525Earlier quoted context omitted.
Don’t worry, Trump can just keep firing the people who make the statistics until he’s proven right :-/
That has me shaking my head. He fired the BLS person claiming they were reporting inaccurate stats to make him look bad. A claim of partisan bias - could maybe be some truth to that. But to fire them and replace them? Then it will certainly be biased reporting. I suppose that makes sense if all you care about is image and not actually making things better.
I question the president’s cognitive state if he openly stated there would be some “pain” and then when the statistics show he was correct, he attacks the BLA director and claims the economy is booming.
The president and his defenders are playing us when they appear to want a growing economy. They don’t.
Re: Six months into tariffs, businesses have no idea how to price anything
#526Earlier quoted context omitted.
What children are being “gang raped”? Your comment reads like extremist rhetoric.
I fully understand your disbelief but that is actually what is going on. Thousands of children abused by gangs.
If you fully understand the disbelief, you'd understand why you, being the one advancing the claim, should provide the source(s) you are using for your Bayesian priors so that, assuming those information sources are of sufficient quality, we can also have the benefit of your knowledge. Until then, it is only rational that people reject your claim.
Re: Six months into tariffs, businesses have no idea how to price anything
#527Earlier quoted context omitted.
New York is teeming with what appear to be newly arrived "immigrants" who do no speak a word of English (and frankly are rather aggressive about their refusal to do so) yet are employed in various crafts. We had fairly substantial renovation recently in our building. Every single worker was clearly a recent arrival. How do we know how many jobs were actually created if so many of them are not "officially recorded"? (…
The U.S. has no official language, and no one who moves here is required to learn English. Especially in NYC, where so many neighborhoods predominantly speak a language that is not English (Brighton Beach, Sunset Park, Flushing, Chinatown, etc.) Assuming someone speaking another language is both a “recent arrival” and working illegally is… something. Apparently it’s not xenophobic, but it’s not a good look.
There are communities of non-English speaking people here in Montana. They speak a form of German. Hutterites (kind of like Amish).
Re: Six months into tariffs, businesses have no idea how to price anything
#528Earlier quoted context omitted.
The ironic thing is that tariffs are the right tool to reindustrialize America (over the period of ~a decade) but theyre being wielded with the skill and grace of a crack addled ferret by somebody who thinks it's a magic wand.
I never thought America was this fragile, or should i say the governmental mindset was, to just change things are essentially the backbone of what made America "America" in the first place. Changing policies that otherwise should not be changed is dangerous. When in doubt and there needs to be change then make the changes around the preexisting guidelines/settings, not change those first. Whether we like it or not en…
The fragility comes from a system vulnerability that nobody expected both the president and the congress to become nihilistic.
Re: Six months into tariffs, businesses have no idea how to price anything
#52980 percent plus of economic activity is domestic: all its inputs are entirely unaffected by tariffs. This is a Premier Cru Red Herring.
Very very very not true.
Re: Six months into tariffs, businesses have no idea how to price anything
#530Earlier quoted context omitted.
New York is teeming with what appear to be newly arrived "immigrants" who do no speak a word of English (and frankly are rather aggressive about their refusal to do so) yet are employed in various crafts. We had fairly substantial renovation recently in our building. Every single worker was clearly a recent arrival. How do we know how many jobs were actually created if so many of them are not "officially recorded"? (…
The U.S. has no official language, and no one who moves here is required to learn English. Especially in NYC, where so many neighborhoods predominantly speak a language that is not English (Brighton Beach, Sunset Park, Flushing, Chinatown, etc.) Assuming someone speaking another language is both a “recent arrival” and working illegally is… something. Apparently it’s not xenophobic, but it’s not a good look.
That seems to have changed in March 2025 via executive order, with English now being the official language of the US
https://en.m.wikipedia.org/wiki/Languages_of_the_United_Stat...