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[–] 0 pt

>I have studied economics

Really? Which books have you read?

Fuck krugman, he's a keynsian hack.

> they can print all they want... the profit of success will far outweigh the "payback" if they so choose to even pay back.

With respect, this is gross ignorance. "printing all you want" leads to hyper inflation. They don't "choose" to pay or not to pay- it's basic economics, which you tell me you're familiar with. Supply and demand. The helicopter example is how they teach it in basic economics- Imagine you have helicopters drop cash down from the sky and double the money supply- you'd have double the money, but each dollar would be worth half the real purchasing power. Having studied economics, i'm sure you remember TINSTAAFL too.

>Overall, if dumping didn't work for their advantage, chinese wouldn't be doing it.

The Chinese ordered all the sparrows killed because mao noticed that they ate grain. Well, it turns out, that the sparrowsalso ate locust. Killing the starlings ended up burgeoning the vermin population. So locusts boomed and ate all the grain causing one of the greatest famines in human history.

>Overall, if dumping killing sparrows didn't work for their advantage, chinese wouldn't be doing it.

According to the inherent logic of your question, the chinese wouldn't have killed sparrows, as it's not to their advantage.

Your question suggests two things 1) You almost certainly place great weight on the competence of those in positions of authority; particularly governments. 2) you didn't think through that question, as it's (with respect) pretty elementary.

It doesn't feel good to be incorrect, bro, but just defending your position without thinking about it; really considering another position, just keeps your confirmation bias, and leads to easily refutable questions like this. I've never spoken to you before so you don't have to take my word for it, but ask starjello , Broc_Liath , Rhodesian_Light_Infantry_Shorts , even Anticlutch (who consonantly calls me a nigger, but knows that I like dielectric in good faith) if I argue just to argue, or speak out of my ass.

A basic economics textbook like Principles by Menger, or The Economic Way of Thinking (if you don't feel like reading Economics in One Lesson) can really help you to understand what you're talking about. I'm sure you're a good person. If you watch the video I supplied and/or read any of the books, they'll open your mind to a very different way of thinking about this.

[–] 0 pt (edited )

Mark Thorton the guy in your video is of course a lolbertarian.

{Edit, it should be noted Hazlitt is half jewish: https://en.wikipedia.org/wiki/List_of_Jewish_economists

"According to Hazlitt, the greatest influence on his writing in economics was the work of Ludwig von Mises, and he is credited with introducing the ideas of the Austrian School of economics to the English-speaking layman."

Go to Ludwig:

"Early life

Coat of arms of Ludwig von Mises's great-grandfather, Mayer Rachmiel Mises, awarded upon his 1881 ennoblement by Franz Joseph I of Austria Ludwig von Mises was born to Jewish parents in the city of Lemberg," }

I still think imposing tariffs on chinks and israel will only benefit the US. Also these steel tariffs are not massive, if they were it would give US steel companies the ability to gouge prices. They still had to be competitive when they had tariffs. 2019 was a full year with steel import tariffs and no virus, yet steel prices were dropping. The sample size is small, but that is the only recent data for a full year of steel tariffs.

It's funny how people see china and US as independent countries, they are not, they are owned and controlled by the same kikes. Chinas role only serves to weaken the US and transition all abilities to china.

Speaking of unintended consequences, all this money printing will weaken the dollar, really gives more reason to buy things domestically as foreign prices will likely increase.

Looking at Nazi Germany, from wikipedia, but the point is about achieving autarky:

"When Adolf Hitler became Chancellor of Germany in 1933, he introduced policies aimed at improving the economy. The changes included privatization of state industries, autarky (national economic self-sufficiency) and tariffs on imports. "

Moreover when Trump was placing steel tariffs on china, the jew media kvetches, that alone tells me a lot.