Tariffs trip up the all-American RV industry
Tariffs trip up the all-American RV industry
Forum Discussion
Somewhat unrelated, but I heard something, and maybe some of it is true…
Americans specialize in providing services, which are worth more than manufacturing.
Say, an iPhone cost 30 cents to make in china (I made up that number, so substitute another item if your brain is hurting). China makes a few more than 30 cents selling it to apple.
Apple creates the software, which is worth thousands times more than the plastic and sand based product.
The design technology is also worth much, much more than the physical thing that rolled off the line.
We do the work that is worth a lot of money and let the others do the dirty work that is not worth as much.
food for thought.
Also, understand that the Dollar is the World's currency. The world need currency, and in order for them to get dollars we have to spend dollars on them, or we (govt) has to just give them dollars. We have to buy their stuff.
A little bit of deficit is needed to fill the world with dollars.
We are king because the dollar originates from us. The bank always wins. The house always wins….
We get stuff dirt cheap, they get dollars and our currency remains in charge.
Look at worlds politics through that lens. We do have obligations to the world or they may one day reject the dollar as the currency, then we lose that guarantee of always having world money.
The dollar is headed to its end of domination. Hopefully we can string it along as long as possible, but for the past couple decades momentum has been building that another currency(s) will arise. Hopefully our leaders see this and are preparing us to be able to still trade (make stuff and have stuff to sell/trade) with the world without the power of global currency holding us up.
As long as we are the global currency then we do not need to produce anything except dollars, but if one day that ends, then without the ability to produce anything of value the world needs, then we are not able to trade, so can't buy stuff we need and we decline very rapidly as a nation.
The fight in DC is do we prepare our nation or do we help push our nation over the cliff of death….
Americans specialize in providing services, which are worth more than manufacturing.
Say, an iPhone cost 30 cents to make in china (I made up that number, so substitute another item if your brain is hurting). China makes a few more than 30 cents selling it to apple.
Apple creates the software, which is worth thousands times more than the plastic and sand based product.
The design technology is also worth much, much more than the physical thing that rolled off the line.
We do the work that is worth a lot of money and let the others do the dirty work that is not worth as much.
food for thought.
Also, understand that the Dollar is the World's currency. The world need currency, and in order for them to get dollars we have to spend dollars on them, or we (govt) has to just give them dollars. We have to buy their stuff.
A little bit of deficit is needed to fill the world with dollars.
We are king because the dollar originates from us. The bank always wins. The house always wins….
We get stuff dirt cheap, they get dollars and our currency remains in charge.
Look at worlds politics through that lens. We do have obligations to the world or they may one day reject the dollar as the currency, then we lose that guarantee of always having world money.
The dollar is headed to its end of domination. Hopefully we can string it along as long as possible, but for the past couple decades momentum has been building that another currency(s) will arise. Hopefully our leaders see this and are preparing us to be able to still trade (make stuff and have stuff to sell/trade) with the world without the power of global currency holding us up.
As long as we are the global currency then we do not need to produce anything except dollars, but if one day that ends, then without the ability to produce anything of value the world needs, then we are not able to trade, so can't buy stuff we need and we decline very rapidly as a nation.
The fight in DC is do we prepare our nation or do we help push our nation over the cliff of death….
