The New “What did you do with your Z today” (with off topic replies)

vtec to vvel

In regards to tariffs, I find it interesting that the media is really focusing on this now, when in reality, imposing tariffs is not something new, and has happened many times over in previous administrations (IMO, tariffs really became prevalent due to NAFTA, which was a dumb move, again this is my opinion). Are tariff's annoying? Yes. Will prices increase as a result? Most likely, however, prices have always increased with or without tariffs.

BUT, if we are looking to fight/lower inflation, tariffs is one way to do it. Barry Habib said it the best: “Inflation is too many dollars chasing too few goods.” Even with quantitative tightening and raised interest rates, people are still buying, so inflation isn’t going away any time soon. With tariffs, one working theory would be to discourage spending (namely on imported products) to lower inflation, while at the same time bringing in revenue for those that are still going to buy even at elevated pricing. As with anything in life, everything is a balancing act. Too much of keeping this trend going could lead to a stagflation, which would put us in a much worse situation than now.

EDIT:

Side note, with the tariffs for foreign vehicles, makes me wonder if the value of the Z's go up. To be honest, I've been contemplating on selling the Z. Maybe it's me getting older and/or lazy, and as much fun the Z is, it's just not practical to have her sit in the garage and driven once every 2 weeks and def. not practical as a daily driver.

__________________
Don't like what I post? Too bad. I really don't give a sh!t