Money & Economics

[bigredfish]

I feel like I’m in good company with Warren sitting on over $300B

Of course that’s sitting in Treasury’s making him 4% or so

Warren Buffett Is Sitting on a Record $334 Billion in Cash Because One Aspect of His Investment Philosophy Is Non-Negotiable | The Motley Fool

The Oracle of Omaha hasn't been buying much -- including his favorite stock -- for more than two years for a very good reason.

www.fool.com

 

[mat200]

lol .. how the White House calculated the "Tariffs" .. THIS is what I mean when I talk about gaslighting ..

Equation looks impressive .. until you start to unpack it ..




The price elasticity of import demand, ε, was set at 4.
The elasticity of import prices with respect to tariffs, φ, is 0.25.

So .. 4 x 0.25 .. is .. lol .. 1 .. in other words, BS added to make equation look more serious




ref :

Reciprocal Tariff Calculations

Executive Summary Reciprocal tariffs are calculated as the tariff rate necessary to balance bilateral trade deficits between the U.S. and each of our trading partners. This calculation assumes that persistent trade deficits are due to a combination of tariff and non-tariff factors that prevent...

ustr.gov

This is simply Trade Imbalance .. not Tariffs .. geez

 

[bigredfish]

pffffff I did that math in my head