We are eagerly awaiting the announcement that Donald Trump has increased tariffs on the liberation day of April 2nd. Donald Trump considered him ignorance that he could not obtain from trade. But now I do that he understands it better than our economists. All we have is our model and logical reasoning. As a real world trader, Trump experiences realizing that there are winners and losers every day. He also says that when domestic car companies charge low prices from the US, that’s good, but when foreign car companies charge low prices, that’s bad. I really have to read the art of trading thoroughly so that I can understand the source of his wisdom.
It was not wrong to criticize Kamala Harris for advocating price control during the presidential election. But it’s wrong to criticize Donald Trump for warning car companies not to raise prices. His tariffs on cars will reduce domestic supply due to increased demand and increased aluminum and iron tariffs. The difference is that Harris is a Democrat and Trump is a Republican, and that makes all the difference.
It was wrong to conclude that Joe Biden had dementia in 2021. I should have gone with the insights of Joe Scarborough from MSNBC. Even in March 2024, Joe said, “he was more intellectually and analytically superior than ever.”
Recently I told Americans and Canadian friends that Canada’s new Prime Minister Mark Kerungie is a Summon who is waking up to regulate people’s lives for climate change. But now, I have read some of his insightful values in his book, so as a central banker, I have many grounds for his knowledge of climate change and his view that “risks are existential.” After Steven Koonin’s book became unstable, I concluded with a conclusion.”[T]The good news is that the substantial long-term economic impact of global warming is small. ”
