James Altucher
π€ SpeakerAppearances Over Time
Podcast Appearances
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.
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