James Altucher

No, I'm not, I'm not saying that. I'm saying even in a, right now, for instance, you could buy Amazon gift cards and buy all your groceries through Amazon at 80 cents on the dollar. So this is just, what I'm saying is there's an alternate, people will start being creative and think of alternatives to way they're spending now.

No, I'm not, I'm not saying that. I'm saying even in a, right now, for instance, you could buy Amazon gift cards and buy all your groceries through Amazon at 80 cents on the dollar. So this is just, what I'm saying is there's an alternate, people will start being creative and think of alternatives to way they're spending now.

No, I'm not, I'm not saying that. I'm saying even in a, right now, for instance, you could buy Amazon gift cards and buy all your groceries through Amazon at 80 cents on the dollar. So this is just, what I'm saying is there's an alternate, people will start being creative and think of alternatives to way they're spending now.

It doesn't matter if you're rich, not rich, poor, middle class, whatever. You might not buy a car that just went up from $80,000 to $100,000. You might say, look, I'm fine with the car that's $70,000. And so people will just start looking for alternatives, particularly if you're not making more money.

It doesn't matter if you're rich, not rich, poor, middle class, whatever. You might not buy a car that just went up from $80,000 to $100,000. You might say, look, I'm fine with the car that's $70,000. And so people will just start looking for alternatives, particularly if you're not making more money.

It doesn't matter if you're rich, not rich, poor, middle class, whatever. You might not buy a car that just went up from $80,000 to $100,000. You might say, look, I'm fine with the car that's $70,000. And so people will just start looking for alternatives, particularly if you're not making more money.

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

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

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.