Buy gold, or silver, if you’re looking for a hedge, I’m not a fan of Mexican currency, they’ve devalued their currency in the past leaving a lot of people holding the bag

Puddy, so long as @Founder hasn't fixed the mute future to mute notifications, I'm forced to acknowledge the existence of your comments. I am not, however, going to both to unmute you to read because I already know what you have to offer: your comment is likely a venomous ad hominem attack with nothing to do with what I wrote in the OP. Maybe you called me an incel, maybe not, but either way, I'm certain you have nothing cogent to offer on the topic of the plummeting value of the dollar.

Anyway, keep at it. I appreciate you bumping the thread so that more people will see it.

I’m not a fan of Mexican currency

I'm not in earnest advising anyone to invest in Pesos or any other currency for that matter. Just using the Peso as absurd example of how badly our economy is flailing.

Our economy is so bad that I am down to golf 8 times a month; strip clubbing 10 times a month; poker 10 times a month and eating great every day. Imagine if the economy was good lol. The fact the people I hate the most on earth (muslims, progressives and democrats) are upset is just the fucking icing on the cape. Anyone see that douchebag in Florida get his ass kicked by the cops? I cannot stop laughing.

RonJax2…. You speak facts

Who is the florida cop guy?

@chunkchicano what do you mean by "Florida Cop Guy"?

@ronjax2 maybe you have skibum blocked? He said “ Anyone see that douchebag in Florida get his ass kicked by the cops? I cannot stop laughing.”

"Anyone see that douchebag in Florida get his ass kicked by the cops? "

Wait, Trump isn't in DC right now? The cops didn't recognize the the level of douchebag they were dealing with?

OK Ron, stop, take a breath. Is a weaker dollar bad for all Americans? If not, who is it good for, and who is it bad for?

@chunkychicano Got it. Doesn't sound like I missed much as I'm not sure what Florida douchebags have to do with the plummeting value of the dollar.

Is a weaker dollar bad for all Americans?

@ilbbaicnl Yes, it's bad for all of us because we're all consumers at the end of the day. Everything from electronics to furniture to groceries and even housing are getting more expensive as the dollar plummets.

It is really bad for those of us who enjoy international travel. It's terrible for the multitude of companies with international supply chains.

It's great for:

• Other countries that import raw materials traded in dollars. The world basically gets a discount on our backs.
• A small handful of US based manufacturers without international supply lines. (Good luck finding one of these.)
• Foreign tourists and the American tourist industry, provided this administration doesn't fuck with Visas and tourism which it most certainly is doing.

At the end of the day - like most fucking government interventions - these tariffs have putrid side effects and will certainly not achieve their stated goal. No executive is basing 15-30 year capital decisions around a lame duck president's shitty policies.

The government needs to just stay the fuck out of trade and let people do business with whom they choose.

^ said the ass wipe who worships government interference in every other aspect of people's lives. Typical hypocrite: if they have to pay more its bad and fuck everyone else. I hope a weak dollar makes all americans stay home and spend money here on fellow americans, rather than the leeches we call allies and our enemies.

At the time of my divorce 20+ years ago I had a collection of coins from many different countries including a lot of Mexican coins that were no longer in circulation. My ex took them when I wasn't looking and before any settlement. Before fighting her over them I contacted a coin dealer to see what the value of the Mexican coins might be. He told me they buy them by the pound. So I let my wife have them uncontested and have not acquired any more and don't plan to.

@Ron to consume, you need to have money. If your job depends on exports, or it depends on what you make having a competitive price with imports, then a stronger dollar is likely to mean you have less money.

If we don't make globalization work for everyone, we deserve the shithole of a country Trump will give us if he's allowed to. We've tried the extremist free trade approach, and it's fucked over a lot of Americans very badly.

At skidumb and puddy, I can't read your comments but I'm sure they're riveting and on topic. Alas, I'll have to plumb the rest of the internet for my daily dose of straw men dunked in vitriol.

I do appreciate you bumping the thread though 👍

We've tried the extremist free trade approach, and it's fucked over a lot of Americans very badly.

This is a populist myth that simply isn't true.

Global trade is responsible for pulling more Americans, and more humans out of poverty than any other market force.

Americans are not getting fucked over by trade. We're getting $200 55" TVs and affordable homes. You would be hard pressed to find a single prominent economist who thinks trade hurts Americans.

No doubt, there are plenty of antiquated, lazy and unemployed idiots who have been convinced of this populist nonsense to the contrary. To them I would say: look down at your own fucking bootstraps and pull.

You asked if a weaker dollar is good for Americans,
If you’re invested in the stock market and we’ll diversified it’s good for markets and here’s why; About 50% of the profits from US S&P500 listed companies come from abroad, the exact number varies from year to year. This means that when the dollar is weak these profits are higher when measured in dollar. This tends to push up profits in dollars. That is good for share holders and stock values

About 50% of the profits from US S&P500 listed companies come from abroad

@twentyfive Yes, that's probably a reason why the S&P is outperforming the DOW this year. (And also, the amazing tech revolution we're living through - which would have sent markets skyrocketing this year if not for this stupid fucking trade war.)

Anyway, what % of Americans are invested in S&P companies. 40%?

I'm one, and honestly a few extra percentage points on my portfolio doesn't do jack shit if everything around me is 40% more expensive for the next 4 years.

I think you have to be an extremely wealthy investor - like a cientomillionaire or better - to benefit from the declining dollar.

^ you asked a question I gave you one answer, if you look back through the threads from last week I actually elaborated on this topic, the correct answer to your basic question is it depends, a weak dollar or a strong dollar, it’s all perspective, if you’re a market focused guy there are benefits and detriments to both. I’m far from a fan of Donald Trump and would vote for anyone else, but he won his election so don’t worry about it
Just like everything else in life your outlook is the biggest factor in the outcome. I’m in the market and retired, don’t worry about everyone else concentrate on yourself, if you’re as smart as you think you’ll find opportunities everywhere. this is where I come to have a little fun and laugh about the things everyone is doing.

I'm just popping by because i figured this would be a shit show, and boy howdy was I right. You guys are fun.

he won his election so don’t worry about it

You're right @twentyfive. It's unfortunate but true. It's like we're all strapped into the same rickity 18th century rollercoaster.

@Ron do you think workers in China, Vietnam, Mexico, etc. have all the freedom they should, to do as well for themselves as they can? American workers are not in a free market unless their competition is in a free market. Have some basic decency, be more careful not to slander people.

Ronjax is literally a pussy, besides being a hysterical shrew.

@Ron do you think workers in China, Vietnam, Mexico, etc. have all the freedom they should,

No, they absolutely do not.

However, I'm absolutely convinced of the abudance of evidence that demonstrates that trade improves wages and living conditions in the developing world. And furthermore, it tends to have an effect of liberalizing developing nations too, thus improving personal as well as economic liberty.

Have some basic decency, be more careful not to slander people.

Who exactly have I slandered? Look, there are two types of populist idiots in the mix here:

• Ultra right-wing nationalists
• Ultra left-wing Marxists

I make no apologies for using the word idiots, because both groups are economically illiterate. It's the fucking same end of the horseshoe.

Farm Bankruptcies Surge in 2025, Raising Alarms Across U.S. Agriculture - Swineweb.com - Complete Swine News, Markets, Commentary, and Technical Info share.google

Not all impacts are seen right away. There have already been more farm bankruptcies this year than last year. Amazingly farmers were stupid enough to vote for Trump despite him bankrupting them. Higher food prices will be coming because of this.

@Ron, I see, so if US workers have to survive God knows how many decades of unfair competition, while foreign workers get their freedoms in a slow trickle, otherwise their whinny lazy bums.

You are slandering many of your fellow citizens, struggling in hollowed-out cites, with dozens of closed manufacturing plants.

@ilbbaicnl

I'm not engaging with your strawman here. If you want to argue with the points I'm making do so. Don't misrepresent my comments and expect me to respond.

You are slandering many of your fellow citizens, struggling in hollowed-out cites, with dozens of closed manufacturing plants.

Have you been to an American city lately Ilb? I travel quite frequently and the vast majority of american urban areas are booming. Loling even at those "dozens of closed manufacturing plants" which have been replaced with data centers and huge office buildings housing well paying jobs. That's the kind of prosperity trade brings.

I think if you want to bend my ear on this line of thinking, I'm open to agreeing that some rural areas are experiencing or have experienced what economists call "local import shock". Where you would lose me is in explaining how making everyone poorer will make such people better off.

Ilbbaicnl is a hardcore liberal, he is just playing devils advocate to troll lol

@Ron I said that US workers have unfair competition, and your best counterargument was well it's getting less unfair. So I said that's not good enough. Where's the straw man?

Have you been to any cities in Midwestern states that Trump won? By what metrics do you determine that a city is booming? It doesn't say much to say some jobs were lost and others were gained, with no ratios.

Past urbanization was probably inevitable, and more is probably inevitable in the near term. But the relative situations of different cities is less obvious. Why didn't cities in the Midwest get as many well-paid tech and finance jobs? Seems like there aren't enough of them to spread around. Why do people in service jobs that require minimal training do worse than people used to in manufacturing jobs that require minimal training?

For some of us to be better off because of foreign workers with limited rights is slavery-lite. Even if it's most of us. If it were all or nearly all of us, Trump would not be President.

I said that US workers have unfair competition, and your best counterargument was well it's getting less unfair.

No, I said wages and freedoms are improving in the developing world, and it's largely due to trade. I also contend that trade has improved American prosperity too.

I've said naught a word about "fair". Who the fuck would I be to to judge what's "fair"? Especially when we have the amazing power of the invisible hand to decide for us?

You're talking about trade like it's a zero sum game and it's not. Jobs created in Mexico do not mean jobs lost in the US, often it means the opposite - Mexico's rising prosperity means they can buy more goods from USA. A rising tide raises all boats.

Have you heard the pencil thing before? It takes like 6 different nations from around the world to make a single pencil. The graphite, clay, wood, eraser, aluminum fixture, petroleum varnish all have to come from different corners of the world. It's a miracle of commerce that you can buy one for like 33 cents.

Now imagine we're talking about something really complex like a computer or a car. Thousands of different factories and raw minerals plants from all over the globe need to work in synchronized chorus to a piece produce modern machinery - like the device your reading this on. And you want the government in charge of that delicate dance?!" To that I say:

NUTS

I like how Trump always brags about the stock market is at an all time high. Dude every president has all time highs in the stock market. Its like when the republicans kept saying consumer debt is at an all time high. Again dudes, consumer debt always goes up so every president has an all time high

I will just quietly smirk at your masturbatory activity of claiming I said things I never did, and then all caps big font nutting.

Adam Smith predicted that companies would get smaller so they could specialize in certain products in order to remain competitive. He understandably missed how issues of intellectual property would get much more complicated. Simple reliance on the invisible hand of free competition would likely work in such a world. But that isn't what happened. We'd need laws that forced patents to be licensed with some sort of consistency, with highly visible, hair splitting, and questionably feasible government regulation. Our reality is that large companies play a huge role in the modern economy. It's a fantasy that workers, negotiating individually with large companies are in a free market for their labor. So we need a meaningful minimum wage, and mandated benefits like medical care. Not a flawless solution, just the least bad one. Unions may be unavoidable too, even though they are generally at least as sleazy as corporations are. Seems like we need some combo of grants and loans to workers for retraining and relocation assistance. And it won't work to let employers do an end run, and offshore jobs to reduce worker compensation to miserable levels. With harmful externalities to society. As long as the world is divided into separate countries, I have no practical alternative to caring more about fellow Americans than I do people in China or Mexico.

^ I don't know what unions, patent laws, minimum wage, public benefits etc. have to do with the argument I'm making, or the point you're trying to make. I think you're just trying to move the goalposts because you can't argue with the fundamentals.

Trade is good. Tarrifs are bad.

Is RJ2 taking a paid job in Mexico as a shill for Mexican banks and hotels? I almost think he is now or will be an ex-pat living in Mexico.

Trade is good as long as it isn't being used to bypass worker rights and protections, and it doesn't make the country more vulnerable to adversaries. Tariffs and other trade barriers should only be used to keep workers in the middle class, and avoid relative strengthening of adversary companies.

In the case of Mexico, integration and close ties make sense, it creates a much more defensible perimeter. But they have to get on the stick and clean up their act. Rule of law, and accelerated wage growth and worker rights improvements to level up.

Yes, @minnow, you've figured me out! I'm actually the CEO of Banorte!

Or, hear me out, maybe you missed the comment where I acknowledged I'm not literally trying to pedal pesos, but rather trying to make a point about how poor our economy is faring under Trump's absurd trade wars.

"I'm just popping by because i figured this would be a shit show, and boy howdy was I right. You guys are fun."

@Klause 😂 In all seriousness, though, some of these conversations are incredibly fascinating. I read through many of them just to deepen my understanding of the people and the world around me...

^Hate to burst your bubble, but it is very rare to see someone's true personality on any website, let alone one dedicated to guys spouting bullshit. Further, even if you are seeing the true self of persons, it is impossible to read emotion and meaning in words, so things that might be said here that come across as horrible, might actually be incredibly funny when you add in voice tone changes, mimicry, facial expressions and hand gestures. Thoughts on a bad economy: Its never bad for everyone and for those who do well, a bad economy is a godsend. Beginning to see bbbj for some dancers included as part of a cr.

Thanks for the bump Puddy Tat. 🙏 I thought this was a witty post and was hoping more people would read it today.

It's funny all you have to do is mute about 4 people and this site gets way more peaceful.

Crazy how miserable some of you fucks are on a site that's supposed to be about T&A. I wish your ex wives and estranged families well 😂

“ Beginning to see bbbj for some dancers included as part of a cr.”

Wasnt that already included for many dancers?

@Puddy_Tat dont know if ronjax is muting or unmuting, apparently even if you block someone, if they @ you, youll still get an alert notification with their name but wont see their actual comment when you click the alert

Correct Rick. Even though I have him on block I get notifications from Puddy if he comments on my threads or @mentions me, which he does frequently because he’s a creepy internet stalker.

@Founder - for the love of god, if you cannot find a way to set and enforce reasonable bar for decorum, please at least fix the block system.

This is the most TUSCL political thread ever.

Damn RONJax is a hypocritical pussy. He loves to talk smack to and about others, but if people talk smack about him he wets himself and whines like a little itch to Founder. Decorum? GFY loser.

Nothing says decorum like all caps boldface giant font screaming.

Do rickdugan and Puddy not get along? I would have thought that would be TUSCL's biggest bromance. Almost worth taking them off mute to rubberneck.

RonJax2 has just passed 25IQ as the Whiny Little Bitch of the Forums. I do not know why you want that title, but you put in the work and can claim it with shame.

^ lidle boy sad, nobody’s paying you no mind!

^We know you are. You got really pissed that RonJax won your biggest bitch crown, clearly.

"Hate to burst your bubble"

@skibum609 Not possible. I'm in a club right now, and I have a strict policy against bursting my bubble while in a club... 😜

RJ2; It's obvious to me that you hate Donald Trump (and thus the USA under DJT), and that you're an avid fan of Hispanic tail in general and TJ clubs in particular. That being the case, it wouldn't surprise me if you became an ex-pat. I don't deny that tariffs are causing some financial turbulence, but unlike you, I'm not fixating on the turbulence, but taking the long-term destination view. Which would be better trade deals for USA.

^ Can you explain exactly how tariffs will achieve better trade deals? Hell can you even quantify what a “better trade deal” is?

RJ2; Are you so obtuse that you've never heard of negotiating ploy, offer/counteroffer, back and forth, etc. For the longest time, countries had levied tariffs on USA goods, while we levied no tariffs on ours. Already, several countries have eased tariffs on USA goods after DJT finally levied tariffs on their goods. Noticeable effect not immediately evident. I (and others) am optimistic about long term benefits to USA. I'm starting to agree with some other posters that you're an instant gratification crybaby brat.

Are you so obtuse that you've never heard of negotiating ploy, offer/counteroffer, back and forth, etc.

No. This is completely fucking retarded in terms of international trade. It's like saying we can bring down the price of eggs by taxing egg production. Because farmers will personally make deals with Trump or some shit like that. Complete horseshit.

The best trade deal is not fucking taxing trade.

I'm starting to agree with some other posters that you're an instant gratification crybaby brat.

Wow man, such deep and compelling arguments you have here.

^^^^^Dont worry little weirdo, not for nothing, your title as stupidest poster on TUSCL won’t ever be taken away from you.

RonJax 9is literally the biggest liar on the site. American cities are booming? Been people feces jumping in San Fran lately? Watch the Nazis called progressive reenacting the Kristallnacht on the streets? NYC running communist Muslim follower of the pedophile Mohammed? What fucking cities are you talking about scumbag? When Minnow pops up on a thread to call someone out you know that RonJax is simply fucking vermin.

Did you count the number of posts above yours to see how many carets you needed? Great retirement, loser! You are the all time bitter, impotent, old dick with a chip on his shoulder. You're so demented, you cannot even feel shame over your wasted and useless life.

At least the retarded OP know he's full of shit. His mistake is thinking the rest of the board is as dumb as he is.

^ don’t go away mad, just go away weirdo

Funny how you say I have a chip on my shoulder, you have been stalking me for years, picking flame wars You’re too stupid to quit while you’re behind.

@twentyfive, just block these fuckin' trolls already. You know who I am talking about. None of these asshats have any argument of substance to offer, just vitriol and venom.

These are people who are deeply unhappy with themselves and will take it out on everyone else. Why indulge in it?

He’s so stupid it’s funny I can’t be bothered to block the weirdo, I’d lose the entertainment of smacking him over and over. The way to think about him is like he’s a slow kid, who climbed a tree. You know how to get a retard out of a tree is wave to him. It’s fucking funny when they forget to hold on and fall to the ground LOL

Lol, even 25iq doesn't believe himself. Ronnie might. 25iq is mad because I call him out on his lies, bullshit, and bullying. He can't stand people knowing the truth about him. Like all cowards, he crows about "smacking" people online and winning fights irl, but we all know that irl he's a weak, frail, frightened little man. If he ever met one if his foes, he'd piss his pants and have a heart attack. He's already stated that he'll call the police and beg elder abuse laws if anyone called him on his bs.

25iq can go ahead and parrot all the lame insults he's had used on him in the past. It's water off a turtle's back for me. The truth -what matter- is that he is a liar and a bullshitter with no money, no life, no friends or family that will claim him. Lies on strip club forum discussion board are he has. A sad, bitter, lonely old man with a chip on his shoulder. Everyone sees him for what he is, and he would rather live in denial.

Corr. on yesterday's post, 2nd sentence: "while we levied no tariffs on ours".... should read "theirs". I'm not a troll, not unhappy with myself. I am happy giving up on trying to educate a willfully ignorant person who ignores several new trade deals such as Japan (Jul 24 USA Today p. 2A).

^^ I’m not going to waste my time responding to you so as usual the last word is all yours, just like the first words, keep on showing us how stupid you are, every attack on me is just more self ownership on your end weirdo

I'm not a troll, not unhappy with myself.

@minnow Just so you know, every time someone bandies personal insults about, as you have from time to time, I tend to look at it and understand it as projection. But I wasn't referring to you in the comment above. There are other even more tortured souls here than you.

ignores several new trade deals such as Japan (Jul 24 USA Today p. 2A).

I don't have a paper copy of USA Today handy, but I'm not ignorant of the details.

I think you're talking about the news from two days ago here, where Trump announced on Truth Social that he had reached an "amazing deal" with Japan. As I understand it, the US will still levy a 15% tariff (down from 25%) on Japanese imports, and furthermore, it's unclear we're getting anything of substance out of this "deal". It's still a shitty tax whose cost will be born by American consumers.

Trump is a fountain of mendaciousness and anyone who believes anything he says is a fool. So, I'm highly skeptical he's done anything of value. If you have a source to link to that explains in explicit detail what are we getting out of this deal (besides paying 15% more for Nintendos), I will happily read.

Across the board tariffs against Japan make no sense. Japan is a US ally. Worker compensation there is comparable to that in the US. Cars, motorcycles, cameras and other products have improved greatly in quality over the decades, thanks to competition with Japanese companies. It shows the brutish stupidity of MAGA, that it thinks supposedly beating others is automatically a success. Without considering if there's really a reason for conflict to begin with.

Wow! I follow the news, but I am fairly ignorant of economics. This was almost fun and started out to be educational to read. Then it devolved into personal insults.

The way I sorted it out was that those who had to resort to personal insults clearly spend too much time sucking on the tit of Fox News and its ilk. The value of the information they provided is on a par.

All I know is that under the previous administration I was getting 20 pesos per dollar. Now I am getting 18 pesos per dollar. My buying power is lower now. My ATFs are complaining that because they transact business in dollars, they have to raise prices to make up the difference, costing me more dollars. Conclusion, foreign female goodies cost more primarily due to the policies of this administration.

@PutaTester, the conclusion one could draw from this is now is a good time to find a Mexican Sugar Momma.

25iq wrote: "I’m not going to waste my time responding to you" as he was LITERALLY responding to me, and then added, "l the last word is all yours, just like the first words" as he thought he was getting in the last words! Such a demented hypocritical, narcissistic weirdo. He cannot participate here without following me around. Get a life, old queer.

Puddy “Hmm, what matters more, the safety and well-being of Americans, or access to foreign cooch? That seems to evade people's calculations here.”

I am all about access.

Found this picture of gammawho after I waved to him encrypted-tbn0.gstatic.com

^ I called it. He responded and sought the last word lol. Never doubt me.

@putatester : I admire your honesty. I fundamentally disagree, but I like that you can say it and mean it.

Puddy “Hmm, what matters more, the safety and well-being of Americans, or access to foreign cooch? That seems to evade people's calculations here.”

I am all about access.

AGREED @PutaTester! Those who would sacrifice their liberty for a little temporary safety will get and deserve neither.

That said, it's a false dilemma to begin with. The plummeting value of our dollars is not making us safer or more secure in anyway, and in fact there's no tangible benefit, it's just a stupid government intervention in our lives with putrid side effects that will not achieve it's stated goals.

I wonder what genius lurks in Puddy's comment but alas I cannot and will not read it. Probably some shit shaming hobbyists, which I can read anywhere on the internet but has no place on TUSCL.

@Founder, please please please fix the notifications so that trolls like Puddy and others do not continue to abuse them. If I block someone, I should never hear from them again.

This thread is hilarious. While true, trade is extremely helpful to everyone, what the ideal standard is Free Trade, and to an equal extent Capitalism. Unfortunately, we live in a world with politicians, so we get the next best thing, tariffs, protectionism, currency pegging, trade blocs, etc.

Focusing on currency is incredibly myopic. The bigger the market, the more the firm makes, the more they can pay wages and offer lower price goods. In the grand scheme of things, it is much, much more lucrative to invest in companies that produce tangible goods and services, than floating/fluctuating currencies imposed by government fiat. For instance: investors can't "own" a currency like a business; currencies don't provide dividends; it's incredibly easy to default or nationalize a currency, inflation effects, etc.

Lastly, while I wasn't a fan of Trump, what are policies or solutions proposed by the democrats? Who are the thought/party leaders? The only thing that makes the news is orange man bad, anti-semitism, gender confusion, and socialism.

what are policies or solutions proposed by the democrats? Who are the thought/party leaders? The only thing that makes the news is orange man bad, anti-semitism, gender confusion, and socialism.

@chiefwiggum I mean, orange man is really bad: he's an autocratic demagogue wrecking ball destroying the very fabric of our nation. I think the party should be focused on him until he's no longer an existential threat to our republic (and the dollars in our wallets).

I think speaking more broadly, I've been reading a lot about this "Abundance" platform idea, first proposed by writer Erza Klein. I like what I've read.

Is that an idea the party gels around before the midterms or next presidential eleciton? Who knows.

I used to feel conflicted in that I believed in individual liberty and economic liberty, and traditionally the Dems believed in the former, while the GOP the later. Today's GOP doesn't believe in either, which opens a lane for pro-market Democrats to thrive. IMHO.

Maybe instead the party turns in the direction of socialist Zohran Mamdani, the NYC mayoral candidate. Or, I hope - and I think - we'll see centrist, pragmatic, pro-market candidates emerge like Mikie Sherrill in NJ and Abigail Spanberger in VA.

Time will tell! The NYC, VA and NJ elections later this year will offer window into what's to come.

^ nothing more than a parrot. Asshole with no game, except whining like a bitch.

No, democrats, keep doing what you're doing. It is working great (for Republicans).