James Altucher

So they're going to what's going to happen is they're going to just switch to robots eventually. And. They'll raise the price on their cars or they'll insource steel as much as they can because steel does come from the U.S. also. Those have to like make more of it.

So they're going to what's going to happen is they're going to just switch to robots eventually. And. They'll raise the price on their cars or they'll insource steel as much as they can because steel does come from the U.S. also. Those have to like make more of it.

So, you know, what happens typically is you start looking for alternatives to the things that are going up in cost, which is why overall inflation never occurs when there's tariffs. So take any basket of goods. If some of the goods go up, other goods are going to go down. Again, overall inflation only happens when you're printing up just a lot of excess money to your earlier point.

So, you know, what happens typically is you start looking for alternatives to the things that are going up in cost, which is why overall inflation never occurs when there's tariffs. So take any basket of goods. If some of the goods go up, other goods are going to go down. Again, overall inflation only happens when you're printing up just a lot of excess money to your earlier point.

So, you know, what happens typically is you start looking for alternatives to the things that are going up in cost, which is why overall inflation never occurs when there's tariffs. So take any basket of goods. If some of the goods go up, other goods are going to go down. Again, overall inflation only happens when you're printing up just a lot of excess money to your earlier point.

But what a home does is they look for alternatives. So they don't shop at, I don't know, Whole Foods, they shop at Costco or Walmart or whatever. And I bet you didn't know, you can go to any site that sells gift cards on the planet and you could buy infinite amount of Uber gift cards to do Uber rides for 75 cents on the dollar. You can get 25% all your Uber rides just by buying gift cards.

But what a home does is they look for alternatives. So they don't shop at, I don't know, Whole Foods, they shop at Costco or Walmart or whatever. And I bet you didn't know, you can go to any site that sells gift cards on the planet and you could buy infinite amount of Uber gift cards to do Uber rides for 75 cents on the dollar. You can get 25% all your Uber rides just by buying gift cards.

But what a home does is they look for alternatives. So they don't shop at, I don't know, Whole Foods, they shop at Costco or Walmart or whatever. And I bet you didn't know, you can go to any site that sells gift cards on the planet and you could buy infinite amount of Uber gift cards to do Uber rides for 75 cents on the dollar. You can get 25% all your Uber rides just by buying gift cards.

Nobody does it, though. But that's an alternative to whatever people are doing now, which is just straight riding Uber. So when people look, there's always alternatives. to find cheaper goods or goods that are trying to be more competitive because they're made domestically. So they're cutting prices to to compete with when they couldn't compete before with the Chinese products or whatever.

Nobody does it, though. But that's an alternative to whatever people are doing now, which is just straight riding Uber. So when people look, there's always alternatives. to find cheaper goods or goods that are trying to be more competitive because they're made domestically. So they're cutting prices to to compete with when they couldn't compete before with the Chinese products or whatever.

Nobody does it, though. But that's an alternative to whatever people are doing now, which is just straight riding Uber. So when people look, there's always alternatives. to find cheaper goods or goods that are trying to be more competitive because they're made domestically. So they're cutting prices to to compete with when they couldn't compete before with the Chinese products or whatever.

So, yes, it's true. People don't care where the inflation comes from, but there's not going to be individual products might rise in prices, but you can't have overall inflation because where there's no money for that if there's not extra money in the economy.

So, yes, it's true. People don't care where the inflation comes from, but there's not going to be individual products might rise in prices, but you can't have overall inflation because where there's no money for that if there's not extra money in the economy.

So, yes, it's true. People don't care where the inflation comes from, but there's not going to be individual products might rise in prices, but you can't have overall inflation because where there's no money for that if there's not extra money in the economy.

Yeah, so if money is printed, if money is printed, then there will be inflation. But that's not necessarily a bad thing either. We've had... 30,000 or whatever percent inflation since 1903, right? So three cents in 1903 could buy what a dollar could buy now, more or less. But our quality of life has gone up amazingly. Inflation is not necessarily a bad thing.

Yeah, so if money is printed, if money is printed, then there will be inflation. But that's not necessarily a bad thing either. We've had... 30,000 or whatever percent inflation since 1903, right? So three cents in 1903 could buy what a dollar could buy now, more or less. But our quality of life has gone up amazingly. Inflation is not necessarily a bad thing.

Yeah, so if money is printed, if money is printed, then there will be inflation. But that's not necessarily a bad thing either. We've had... 30,000 or whatever percent inflation since 1903, right? So three cents in 1903 could buy what a dollar could buy now, more or less. But our quality of life has gone up amazingly. Inflation is not necessarily a bad thing.

It's what basically fueled all the innovation and discovery in the United States because there was excess money floating around that went into inventing new things for our money hungry consumers to buy.

It's what basically fueled all the innovation and discovery in the United States because there was excess money floating around that went into inventing new things for our money hungry consumers to buy.

It's what basically fueled all the innovation and discovery in the United States because there was excess money floating around that went into inventing new things for our money hungry consumers to buy.