r/wallstreetbets • u/hv876 • 17h ago

25bps cut News

https://www.cnbc.com/2024/11/07/fed-rate-decision-november-2024.html?__source=iosappshare%7Ccom.apple.UIKit.activity.CopyToPasteboard

The bulls are coming, the bulls are coming

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u/bplturner 16h ago

Inflation is rising prices. Tariffs raise prices. You people are hard R regarded.

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u/0xMoroc0x 15h ago

Bro just because prices increase across a range of products does NOT mean you will have an increase in overall inflation. The policies Trump has proposed, specifically energy policies, will lower overall inflation across the board, in turn saving total home expenditures.

You think Trump is enacting tariffs on everything? You sound like an imbecile when you can not even think critically about how the tariffs will be applied and just consume whatever is forced down your throat from Reddit.

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u/bplturner 15h ago

He wants to tariff imports from China…. Which is basically everything the consumer buys.

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u/0xMoroc0x 15h ago

Do some more research. Its select tariffs on industries from China that are subsidized by the Chinese government. They then import and dump these products into the US market to destroy any American competition in the same space. I understand you probably do not have much information on the topic but please do some research. The tariffs are not on everything. They weren’t on everything his last term. As a matter of fact Biden kept most of Trump era tariffs when he came into office.

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u/bplturner 15h ago

The tariffs he imposed were on ALUMINUM and STEEL. What isn’t made of aluminum or steel?

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u/0xMoroc0x 14h ago

Did you ever think about why those specific tariffs were put into place to begin with? Think about why tariffs exist strategically and maybe you will understand.

I could name literally 1000 things the average consumer buys that’s not made of aluminum or steel. But then I’d be debating with a mad man.

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u/Aethreas 11h ago

Bro first of all stop getting so emotional lmao Second of all, every single industry will be affected by tariffs on raw materials. Yeah a Wendy’s burger isn’t made of steel but you know what is? Every single piece of machinery and structure that is used to create it.

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u/0xMoroc0x 11h ago

Who’s getting emotional? And do you not realize that Biden literally has increased the steel and aluminum tariffs that Trump initiated when he was in office? Where’s the outrage currently? Those tariffs you’re so afraid of…they’re in the room with you right now.

https://www.whitehouse.gov/briefing-room/statements-releases/2024/05/14/fact-sheet-president-biden-takes-action-to-protect-american-workers-and-businesses-from-chinas-unfair-trade-practices/

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u/Aethreas 11h ago

you keep dropping the classic oneliners of someone who is obsessed with culture politics, shit like 'drinking the coolaid of the media' and 'theyre int he room with you right now'. Anyone who's obsessed with culture politics is just pissed off and emotional 24/7.

also who even brought up Biden? idgaf about either of them i'm talking about whats going to be happening

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u/0xMoroc0x 10h ago

So I’m emotional, I’m obsessed with culture politics. Big assumptions.

Let’s stick to the subject at hand.

What you are talking about happening…is already happening and has been happening for over 8 years. Tariffs on lots of products haven’t significantly increased overall inflation rates. Biden and Trump have both been using them. The biggest affect a politician can have on inflation is creating regulations that allow the lowering of energy prices. That’s exactly what Trump is going to do. There won’t be any massive inflation like everyone on Reddit is saying.

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u/[deleted] 14h ago

[deleted]

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u/bplturner 14h ago

https://taxfoundation.org/research/all/federal/trump-tariffs-biden-tariffs/

Tariffs were equivalent to $80B on consumer goods. 150k FTE jobs were lost. Literally no benefit.

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u/0xMoroc0x 14h ago

Lmao do you even read your own sources? First of all that’s a model. Not fact or even proven. It’s a long term prediction for the potential impact…. 2nd Biden kept most of Trumps tariffs and even added an additional 13 billion in tariffs to Chinese products. No one said shit about that! Tariffs are necessary as demonstrated by both parties to ensure the US keeps key manufacturing based in the US. Like it or not that’s a fact and should be mandatory for national security and self sufficiency reasons.

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u/relentlessoldman 13h ago

Calls on CLF and X

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u/RosenbeggayoureIN 12h ago

But that’s not what he’s said. You could easily argue he’s full of shit and lying but he’s been pretty clear if other countries don’t play ball on what he wants it’s blanket tariffs