Canada, Mexico Steelmakers Refuse New US Orders

[Into the Night]

I see. So if something costs more tomorrow than it did today, that isn't inflation in your world.

There is only one Earth, and no, that isn't inflation.

 

[Walt]

inflation is only due due to money supply issues.

but you know this.

That is incorrect. A major contributor to inflation is the velocity of money. The same supply of money can be used 50 times a year, or zero times a year. Usually velocity of money is more important than money supply.

With the Great Depression, there was severe deflation, not because of a shrinking money supply. What had happened was the economy slowed down causing the velocity of money to slow down, and causing deflation.

The reverse also happens, where inflation causes inflation. If you know that your money is going to be worth less in the future, you want to spend it now, and that causes the velocity of money to increase, causing inflation.

We are going to learn a lot about inflation over the next four years.

 

[Into the Night]

WOW!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!​

LOL

According to current data, Mexico produces less than 1% of the world's steel, with estimates placing its share closer to 1% or slightly below, making it a relatively small contributor to global steel production.

Democrats haven't changed a bit since they first formed.

It's still the same fear mongering, the same desire for oligarchy, the same desire for slavery, the same desire for fascism and communism, and the same denial bullshit and blaming of their problems on everybody else.

 

[Truck Fump / h1b]

That is incorrect.

no. it's correct.

inflation is only due to money supply.

that's it's definition.

prices change for other reasons. those are, by definition, NOT inflation.

 

[Matt Dillon]

Fuck 'em and damn 'em.
Kick rocks, losers.

 

[Truck Fump / h1b]

This is correct.

He probably doesn't, which is why he is making the silly arguments he is.

Buzzword fallacies.

he does know.

he's a liar running cover for fiat currency.

 

[Into the Night]

That is incorrect. A major contributor to inflation is the velocity of money. The same supply of money can be used 50 times a year, or zero times a year. Usually velocity of money is more important than money supply.

Money velocity is not inflation, Wally.

With the Great Depression, there was severe deflation,

No. There was severe inflation. The dollar inflated by 240% during that time.

not because of a shrinking money supply.

The money supply increased during that time, Wally.

What had happened was the economy slowed down causing the velocity of money to slow down, and causing deflation.

Inflation is not deflation, Wally. Money velocity is not inflation nor deflation.

The reverse also happens, where inflation causes inflation.

Circular argument fallacy.

If you know that your money is going to be worth less in the future, you want to spend it now, and that causes the velocity of money to increase, causing inflation.

Money velocity is not inflation or deflation.

We are going to learn a lot about inflation over the next four years.

You haven't the foggiest clue about inflation, Wally.

 

[Into the Night]

he does know.

he's a liar running cover for fiat currency.

So he'll get caught flat-footed when people choose another currency. Meh. He won't e the only one.

 

[Into the Night]

So inflation will be even higher for the US consumer.

Tariffs don't cause inflation, Poorboy.

 

[Walt]

inflation is only due to money supply.

that's it's definition.

You are wrong. You might want to take an economics course.

Or just stick around for the next few years. We are all going to be learning a lot about inflation.

 

[Truck Fump / h1b]

You are wrong. You might want to take an economics course.

Or just stick around for the next few years. We are all going to be learning a lot about inflation.

You are wrong.

you might want to stop lying.

 

[Tobytone]

Rather, easy for you to do when you are too retarded to read basic English.

Boy oh boy, that's definitely a step up from a 1st graders best insult, all the way to a 2nd graders best insult. Real progress for a drone. LOL What a door knob. You represent all of the Libtard parroting drones like a true champion for your cause.

 

[ULTRA MAGA]

No.....this is a liar.

It appears you are trying to convey something

What that might be is anyone's guess

 

[Diesel]

With Mexico making about 1% of the global steel, Canada about .7%.....Oh what will we do......

Where do you think our steel comes from?

 

[Diesel]

The Canadians are already in deep shit politically, economically, and culturally....I recommend care in making new enemies.

You should be talking to Trump, dumbass.

 

[SlaveForChrist]

Acknowledging your problem is always the first step in getting help. Good luck on your journey. Maybe pray about it, if you think it'll help.

Did you say something, foreign atheist cunt? Couldn't hear you over the sound of the Trump cock down your gullet

 

[SlaveForChrist]

Where do you think our steel comes from?

View attachment 41655

Don't bring facts into this, his mind will overload

 

[SlaveForChrist]

What makes you think he is?

Because he's an atheist cunt, who hates Christ.

 

[Truck Fump / h1b]

Did you say something, foreign atheist cunt? Couldn't hear you over the sound of the Trump cock down your gullet

It is disturbing how all the deep staters are embracing the worst aspects of the new administration.

 

[Truck Fump / h1b]

So he'll get caught flat-footed when people choose another currency. Meh. He won't e the only one.

treason, thy name is crypto-fiat currency.