Yeah, that's the argument but it doesn't follow.
First of all, if they're selling below cost, then the resources have to come from some other part of their economy.
Secondly, if they jack up prices firms can just start production back up. There may be some lag time, but it would be temporary.
The CCP prints money and lies about their economy. They hide or lie about most economic activity thus not same playing field.
The goal is not to take over a market but keep their enemy America from having it with influence. This is war not competition. If they take over the industries then they can suck dry the country and buy it up. The Chinese see the long game.
You may be interested in my reply to 500five. I don't feel like re-typing.
https://poal.co/s/News/358648/91ffdbea-e6d0-472c-b1bc-7ab8b136709c#cmnts
Thanks. He's mostly right.
I'm in the firm belief that it's Jews vs the Chinks with us in between. If the chinks can break us then they take a piece off the board vs the Jews.
They often simply just print money. They have control of their central bank, and can just print money to offset the cost.
This is why Trump kept saying "currency manipulation" when ever he talked about china.
Also, why not have tariffs and fewer internal taxes, the first tariffs were imposed by President Washington. They were a good source of revenue for the government before 1913.
Secondly, if they jack up prices firms can just start production back up.
That is assuming we have a country at that point.
I get some of this information watching Peter Navarro, he was pretty insightful. Obviously the jew media never gives light to a focus for tariffs.
I mean this in good faith, with no disrespect: These ideas you have are commonly held by people who have never studied economics. Printing money doesn't 'offset' the cost, it devalues your currency, it's effectively a hidden tax. Resources can't poof into existence, they have to come from somewhere. In this case the costs (currency devaluation) are spread out (everyone who holds yuan) and the benefits are concentrated (the chinesium manufacturing firms).
Similarly, the costs in America are concentrated (the less competitive steel mills) making them easy to see, and the benefits (cheaper anything made with steel- cars, skyscrapers, tools, nails etc) are dispersed across the millions of Americans buying products.
Here is a good video (youtube.com) by Economist Jeffery Tucker speaking about tariffs. (every econ 101 class talks about sugar protectionism in the us being responsible for us paying 300% the normal world price for sugar)
Here (fee.org) is a good article from FEE (Foundation of Economic Education)
If you're interested in learning about economics Fredric Bastiat's (bastiat.org) what is seen and unseen is a great primer. Otherwise, a more modern version is Economics in one lesson (leeconomics.com) (PDF warning)
Tariffs are good for gob'ment coffers at least initially, then market forces find ways around them- substitute goods (the entire reason we have corn syrup instead of regular sugar in everything). They are good for X firms (where X is whatever firms pay off politicians to protect them) and bad for US consumers at it causes a restriction in supply, which causes a rise in price which lowers the buying power of all Americans.
While there may be defensive reasons for (some modest) tariffs, no economist disagrees on the idea that tariffs have a very heavy cost, and are damaging to the economy.
I have studied economics, and I can tell you modern economics is highly influenced by jews. jews such as Krugman are worshipped for a reason.
There is also a relationship with money and time, they can print all they want realizing when the end goal of destruction of the US will arise and the profit of success will far outweigh the "payback" if they so choose to even pay back.
kikes who own both countries central bank have no intention of paying any of the labor back to the masses.
It should also be noted, if a country imposes a tariff on you, you tariff them back equally. Otherwise you will have a trade imbalance and you give no taste of their medicine. Adam Smith makes the case for counter-tariffs:
The case in which it may sometimes be a matter of deliberation how far it is proper to continue the free importation of certain foreign goods, is, when some foreign nation restrains by high duties or prohibitions the importation of some of our manufactures into their country. Revenge in this case naturally dictates retaliation, and that we should impose the like duties and prohibitions upon the importation of some or all of their manufactures into ours.
Overall, if dumping didn't work for their advantage, chinese wouldn't be doing it.
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