Quote:
Originally Posted by astronaut x
I do. But, if I was investing in aluminum, this would make me very happy.
I remember about 10 or 11 years ago when crude was super high, some buddies of mine were all pretty happy about it.
I don't care too much for canned beer. It sucks if people are losing their jobs over this though.
Makes me think the Trump administration is fucking with these tariffs just to control the market and turning some profits with investments.
What do you think? Certainly wouldn't surprise me.
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The coal & oil commodities have increased 28% under Trump this year and the World bank is saying another 4% minimum next year.
So the price of rent, credit, cars, gas, food, beer, milk, prescription drugs & soda have all gone up higher than the 2% wage increase under Trump. Inflation. Good for big industry bad for the little guy.
Commodity prices likely to rise further in 2018: World Bank