General Discussion
In reply to the discussion: America's massive trade deficit: Why BIG tariffs won't hurt the United States [View all]Zalatix
(8,994 posts)You: "That's not a fact that our dollar will eventually devalue more. We can bring our currency back by stronger regulation on the federal reserve."
Naturally, one would expect that you could tell us what kinds of regulation you're talking about, which would prevent the dollar from devaluing.
Therefore, I asked you:
"Show us the regulations that will stop the dollar from devaluing."
You proceeded to attack my educational level - a personal attack, mind you - during which you angrily went off-topic for a while. Ultimately you answered my question with this:
"There is none, that's the problem."
You are not worthy to lecture anyone. First you need to back up what you say with facts, and so far you have not done so.
I will get back to my point in the OP, the one you keep running away from:
If you don't want tariffs, fine. What you will invariably get instead is the devaluation of the dollar, and imports will become impossibly expensive anyway.
The Von Mises Institute has acknowledged that the dollar devaluation has already slowed the rate of foreign outsourcing.
I'm going to keep pointing this out from here on. No more taking this off-topic.