Conservative Treehouse: If the U.S. were to exit NAFTA (North American Free Trade Agreement), the price you pay for most foodstuff at the grocery store would drop 10% in the first quarter and likely drop 20% or more by the end of the first year. Here’s why:
Approximately a decade ago the U.S. Dept of Agriculture stopped tracking, and reporting, U.S. consumer food prices. The food sector joined the ranks of fuel and energy in no longer being measured to track inflation and backdrop Fed monetary policy. Not coincidentally this was simultaneous to U.S. consumers seeing massive inflation in the same sector.
There are massive international corporate and financial interests who are inherently at risk from President Trump’s “America-First” economic and trade platform. Believe it or not, President Trump is up against an entire world economic establishment.
When you understand how trade works in the modern era you will understand why the agents within the system are so adamantly opposed to U.S. President Trump.
The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.
It doesn’t.
Every element of global economic trade is controlled and exploited by massive institutions, multinational banks and multinational corporations. Institutions like the World Trade Organization (WTO) and World Bank control trillions of dollars in economic activity. Underneath that economic activity there are people who hold the reigns of power over the outcomes. These individuals and groups are the stakeholders in direct opposition to principles of America-First national economics.
The modern financial constructs of these entities have been established over the course of the past three decades. When you understand how they manipulate the economic system of individual nations you begin to understand understand why they are so fundamentally opposed to President Trump.
In the Western World, separate from communist control perspectives (ie. China), “Global markets” are a modern myth; nothing more than a talking point meant to keep people satiated with sound bites they might find familiar. Global markets have been destroyed over the past three decades by multinational corporations who control the products formerly contained within global markets.
The same is true for “Commodities Markets”. The multinational trade and economic system, run by corporations and multinational banks, now controls the product outputs of independent nations. The free market economic system has been usurped by entities who create what is best described as ‘controlled markets’.
U.S. President Trump smartly understands what has taken place. Additionally he uses economic leverage as part of a broader national security policy; and to understand who opposes President Trump specifically because of the economic leverage he creates, it becomes important to understand the objectives of the global and financial elite who run and operate the institutions. The Big Club. more here
All those agreements are “How can we fleece America today?” scams.
The whole PARIS SUMMIT ON CLIMATE CHANGE, was a staged dog & pony show just to get AMERICA to agree to sabotage itself. None of the other participants were ever going to be held accountable.
Maybe not only will the prices drop but the portions will normalize – like the toilet paper role will actually return to being the same size as the holder, for example.
I hope the toilet paper role returns to being a quiet feature, rolled over the top.
Damn homophones, I’m homophoneic.
Niggardly too, just ask my wife !
“Controlled Markets” always means planned shortages, planned inflation, planned bubbles, etc. all designed to make a small group of people very wealthy by fucking over everyone else, and they now they do it under the preposterous pretense of “saving the planet”. They people who run and prosper off the globalist movement must laugh their asses off at the utter stupidity of the Western left, who cut their own throats and destroy their own countries just so they can feel good about themselves. What phenomenal dumb shits. Jesus.
Just change a couple of words in Glenn Freys “Smugglers Blues”
and it meshes perfectly.
“The biggest lie in modern economics, willingly spread and maintained by corporate media, is that a system of global markets still exists.”
Yes, it does. It’s just controlled by the few mentioned in the next paragraph. That’s their idea of a ‘global market’ and they like it that way. Phones and computer software is much the same. Sure, there are a few outliers that have made inroads, but more likely that was allowed to keep the rest of the wannabe’s at bay.
good article that tries to explain how today’s markets are manipulated. basically, the commodities markets have been taken over by the WTO the same way the financial market in the US was taken over when the Federal Reserve Bank (neither ‘federal’, nor a ‘bank’) was created.
like the Duke Brothers said after the Frozen Concentrated Orange Juice market bottom fell out, “Turn those machines back on! Turn those machines back on!”
The article is just a word salad of cliche’ conspiracy theory claptrap.
markets work in the long run.
the problem is, “the long run” can outlast the most resolute investor.
PDT should avoid rides in convertible limousines.
Same thing works for drug prices. A medicine that sells for $10 in Africa retails for $600 in the US.