Gates9@sh.itjust.works to politics @lemmy.worldEnglish · 1 day agoTrump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Themwww.wired.comexternal-linkmessage-square7fedilinkarrow-up179arrow-down10
arrow-up179arrow-down1external-linkTrump’s Commerce Secretary Loves Tariffs. His Former Investment Bank Is Taking Bets Against Themwww.wired.comGates9@sh.itjust.works to politics @lemmy.worldEnglish · 1 day agomessage-square7fedilink
minus-squarecrozilla@lemmy.worldlinkfedilinkarrow-up23·1 day agoWow, I’m beginning to think the GOP doesn’t actually care that tariffs are putting small businesses out of business.
minus-squareJohnnyFlapHoleSeed@lemmy.worldlinkfedilinkarrow-up13·1 day agoIt’s almost as if they’re creating huge barriers to enter any established market, unless you already have access to huge amounts of loans and capital.
minus-squareCroquette@sh.itjust.workslinkfedilinkarrow-up3·1 day agoIt’s also market manipulation. Annouce tariffs Markets drop Trump and friends buy low Reduce/Remove targetted tariffs Markets rehydrate a bit Sell shares bought low Profits
Wow, I’m beginning to think the GOP doesn’t actually care that tariffs are putting small businesses out of business.
It’s almost as if they’re creating huge barriers to enter any established market, unless you already have access to huge amounts of loans and capital.
It’s also market manipulation.