Tariff Reaction Broadcast
Live Broadcast on YouTube, TONIGHT, 7PM ET
Eyeball to Eyeball We Go
Tariffs are a tax, period. That means that inflation will certainly, almost instantly increase. If you are employed by a company that uses any component made in any of the countries involved, then employers will adjust accordingly.
Jae’s Rib Shack can close, there is no way that margins will allow for the higher input costs.
Jae’s Fruit Stand will cease carrying certain items entirely.
If you remove your private philosophy, you can now know that I learned the ideas of game theory when first arriving in Ann Arbor, my second semester. I was convinced that I wanted to become a professor of Political Science. It is one of the central ideas of Jae’s Corner, when explaining “the other guy.”
This video was exactly the lesson I learned when a college student. Literally, the study in the video was the one I first learned about, when in school.
If you add another principle, “where you stand depends on where you sit,” then you can think through the likelihood of something occurring, or not.
“It’s not fair,” “We are born to be superior to you,” “They’re stealing from us” are opinions only, prices of anything do not care about your philosophy (or mine).
Here’s some free financial guidance: fill your gas tank, now.
Mr Market Will Vote Tonight
Most of the time, Sunday night is a bit boring. Not today. futures markets open at 6PM ET. I will be here.