James Altucher

Now, if money is printed, which it could be, people will have more money in general and there will be inflation in the economy and whether that's a good thing or a bad thing will have to be determined in the future but that is one way to avoid a recession that's why they printed money in the pandemic to avoid a depression so and it worked i mean there was inflation but we avoided a depression

Yes.

Yes.

Yes.

It's a great story.

It's a great story.

It's a great story.

I'll say what is bad, though. If tariffs are too big, we get into the Smoot-Hawley Great Depression era. If money printing is too big, we get into hyperinflation. So mild inflation is good. Tariffs are good. They'll generate revenues for all the reasons you mentioned. They'll generate revenues. They'll generate strategic possibilities for the administration. They'll move some businesses onshore.

I'll say what is bad, though. If tariffs are too big, we get into the Smoot-Hawley Great Depression era. If money printing is too big, we get into hyperinflation. So mild inflation is good. Tariffs are good. They'll generate revenues for all the reasons you mentioned. They'll generate revenues. They'll generate strategic possibilities for the administration. They'll move some businesses onshore.

I'll say what is bad, though. If tariffs are too big, we get into the Smoot-Hawley Great Depression era. If money printing is too big, we get into hyperinflation. So mild inflation is good. Tariffs are good. They'll generate revenues for all the reasons you mentioned. They'll generate revenues. They'll generate strategic possibilities for the administration. They'll move some businesses onshore.

So there's good, there's some prices of products will raise, but some products of prices will go down. But too much is too much. Then you have the Great Depression. So people are trying to determine, are these tariffs too much? And my- Maybe yes, maybe no. Well, I'll say the one difference is The tariffs that started Great Depression were 50 to 60%. Here we're talking about a 10% blanket tariff.

So there's good, there's some prices of products will raise, but some products of prices will go down. But too much is too much. Then you have the Great Depression. So people are trying to determine, are these tariffs too much? And my- Maybe yes, maybe no. Well, I'll say the one difference is The tariffs that started Great Depression were 50 to 60%. Here we're talking about a 10% blanket tariff.

So there's good, there's some prices of products will raise, but some products of prices will go down. But too much is too much. Then you have the Great Depression. So people are trying to determine, are these tariffs too much? And my- Maybe yes, maybe no. Well, I'll say the one difference is The tariffs that started Great Depression were 50 to 60%. Here we're talking about a 10% blanket tariff.

All the other tariffs are reciprocal tariffs that could be negotiated. So countries will bring their tariffs down and we'll bring our tariffs down as a result, or there'll be some other negotiation. or we'll switch to other products, or we'll insure, or whatever. And similarly with avoiding a recession, yes, we'll print money. That will lead to inflation.

All the other tariffs are reciprocal tariffs that could be negotiated. So countries will bring their tariffs down and we'll bring our tariffs down as a result, or there'll be some other negotiation. or we'll switch to other products, or we'll insure, or whatever. And similarly with avoiding a recession, yes, we'll print money. That will lead to inflation.

All the other tariffs are reciprocal tariffs that could be negotiated. So countries will bring their tariffs down and we'll bring our tariffs down as a result, or there'll be some other negotiation. or we'll switch to other products, or we'll insure, or whatever. And similarly with avoiding a recession, yes, we'll print money. That will lead to inflation.

But we've had inflation for the past 100 years, and we've flourished. So it's not necessarily a bad thing. It's only bad if it's hyperinflation, if it's too much. So people could get worried about that, but it hasn't happened yet in the U.S. So overall... Thank you. Thank you. Thank you.

But we've had inflation for the past 100 years, and we've flourished. So it's not necessarily a bad thing. It's only bad if it's hyperinflation, if it's too much. So people could get worried about that, but it hasn't happened yet in the U.S. So overall... Thank you. Thank you. Thank you.

But we've had inflation for the past 100 years, and we've flourished. So it's not necessarily a bad thing. It's only bad if it's hyperinflation, if it's too much. So people could get worried about that, but it hasn't happened yet in the U.S. So overall... Thank you. Thank you. Thank you.

Thank you. Thank you. Thank you. Thank you.