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by pstuart 330 days ago
> they're going after the poor

That's just a bonus feature

The tariffs serve 2 purposes:

  1. They can replace income taxes and protect the wealthy (per their reasoning)
  2. They are a tool for power over other countries and a mechanism to compel them to pay personal tribute to The King of Americaâ„¢
I would love to be proven wrong because I'm hating this timeline.
2 comments

You forgot the third purpose which is market manipulation so that they can make huge profits in the stock market for themselves and their friends whenever they feel like it.
I think it might even be more boring and straightforward than that.

Get power => cause market instability, make trades and bets on volatility (or have your friends do it) => offshore your gains

The instability also damages trust in the US which loss of trust has its own economic and geopolitical fallout, so big wins for the Putins of the world.