What impact do you think it will have on you?
Are there critical items to purchase now that will be too expensive to afford next year?
Are you changing your savings or investments?
Finally getting a generator. I live in a rural area. Not having a generator was a huge hole in my setup. We also got a wood stove earlier this year for backup heat. I had longer term plans for solar but now it looks like that may be impossible since China makes all the equipment, and it’s already difficult to balance the utility with the expense.
Business won’t let him do most of that. It was just loud fake superficial concepts of plans . His real task is staying in power. I think our biggest concern now is loss of immigrants.
ETA- i was initially pretty concerned and wanted to really cut back spending and increase savings. We will likely do some of that, but we’re still planning little holiday trips and doing work on the house.
I suspect businesses won’t let him deport immigrants either. They are all employed as cheap laborers.
Yeah, Texas industry has already been mentioning it’s worry for farming, construction, and restaurants.
So sad for businesses… The only way this stops is if they are irreparably hurt and realize that they caused it by voting him in.
Wouldn’t you want to do exactly the opposite in the face of really bad inflation?
Spend any extra money on imported goods that are consumable, especially chinese. As that money will quickly be worth less.
I have house projects about to start, so i will be buying stuff for that, but it’s mostly labor. Someone asked what everyone is buying now because it will likely get more expensive. Couldn’t really think of anything.
Yeah, I don’t have a ton of stuff I need either. Only planning on grabbing some non-perishable food stuff that’s imported that we enjoy, and maybe some mid level Chinese electronics that I never got around to buying that will almost certainly be twice as expensive a year from now.
Getting my financial situation shifted to risk adverse and saving as much as I can.
I stocked up on ammunition. Should be good for a while
Is this perfect cell on namek? What is the context?
Gettin into mycology. Oyster mushrooms are a good meat substitute, and easy to grow
Upping my smelting and casting game to start producing gears and gear-based machinery
Tariffs amount to a higher inflation rate / a regressive tax, as they will not subsidize local industry to any significant level. You will not see wage increases or more jobs from it. Probably the opposite.
This will be a quantitative change, it will look like 2022-2024 but with a higher effective inflation rate, translating into a transfer of wealth from the poor to the rich.
More people will experience what it’s like to earn 10-20% less money and have fewer job prospects. One would hope that this teaches humility and solidarity, but in a country that only knows how to punch left, that will be an uphill battle that must nevertheless be fought.
As long as the rich get richer, the system is working as intended. Voting will not change anything other than how fast the wheels fall off this bitch.but we still have to, so we crash later rather than sooner.
I think it’s going to hurt me as a retail worker. Any retail worker knows, that your pay is usually based on how well your store is doing. And your store’s profit is tied to the purse of the corporation that in turn, pays you. Now if Trump is dead set serious on wiping Immigrants out of the workforce and not willing to raise the wage and combat inflation (we know he won’t). That just means the corporations will start cutting jobs than doing what’s right.
And if hundreds of retail jobs are cut, so there will be store closures. Store closures happen, you’re out of work because people will not want to pay the high prices of inflation once everything is in full swing.
So, I don’t know how I’m preparing for this. It’s going to upset a lot of my plans going into next year if my store is affected. I work at Wal-Mart and basically their stance is they’re going to raise prices so we can expect to see jobs cut and store closures because of underperforming profits of said stores. Simply because a so-called “businessman” doesn’t know how the fuck tariffs work.
As a shopper. I guess it’s back to relying on Dollar Tree again…
I’d mostly just be shocked a politician followed through on campaign promises
there is nothing I could possibly do that would alter how much it affects me unless I suddenly got a lot wealthier
I bought two 16TB hard drives that I intend to fill with the content I generally pull down as I need it. Game roms, books, videos, a backup of Wikipedia(real). I’m already about 80% of the way there with preserving what I want to preserve. The other 16TB drive will be a copy. I can keep it in or around my toolbox at work just in case anything happens at the house, fire or flood, whatever.
I don’t seriously consider content being harder to acquire in the Trump presidency considering that’s mostly the Middle East, India and Romania if SoulSeek is anything to go by, but it gives me peace of mind.
As for spending… what spending?
I’m poor, but I already only spend on utility and literally nothing else. It’s helpful, really. I don’t buy crap and always have money for what I need, but I know I’m the minority, here. I’m always willing to suffer if it means I have headroom, to my family’s constant worry.
I cook constantly. I bake about two loaves of bread a week. My house generates baked goods on a constant basis for everyone around it, and I sell here and there. Flour is cheap, making variety is easy and everyone loves it.
You wanna survive this shit?
- quit streaming anything, pirate everything
- effort is money
- you don’t need it
- only pay bills that can’t be garnished or risk repossession
- name brand means poison
- see an ad? Never buy the product. Fuck em.
Run as close to the grain as possible. Don’t buy their shit. Don’t buy anything they’re associated with and if they try to control something, starve yourself of it. Fuck em. Don’t let the bastards win.
I grabbed a four-bay RAID and some drives for the same reason. I highly recommend you also get a UPS if you can so that random power outages (which are more likely) don’t crash your drives.
I already have a setup at the house. This 16TB is basically the master cold storage for everything(~12GB of content and personal files) and gives me peace of mind. I can restore the server apps in twenty minutes with its local backups, but… the Jellyfin content, my books, roms, etc, need some parity.
A few months later I might get another and make another copy. I usually buy refurb drives and test them out a bit before running them. I have pretty good luck with them. Most of the time, I’m writing the entire drive on first use so if there’s a problem, I’m gonna find it.
Have you actually accessed the wikipedia content locally?
I downloaded a backup once but just figured post apocalypse I’d have infinite time to fuck with linux and I’d figure out how to read it eventually.
Somebody should make a website that tracks prices on goods and other items from the day Trump becomes president and throughout his term.
He said he would lower prices. His politics says the opposite. Let’s see.
That’s the Consumer Price Index.
There’s also the related Producer Price Index which unfortunately does not include tariffs but will be interesting to watch.
Far better would be something like:
- Go to grocery store
- Photograph the shelves in PriceHive app
- AI scans the images, detecting products and reading prices from the price tags
- Each is stored into a database as a price on a good at a location at a timestamp
After data pool is established from many users (or even just one):
- Go to grocery store
- Open PriceHive app
- Hold a product in the viewfinder
- AI identifies product
- app shows price history across time/locations
That kind of shit needs to be built. Government will probably find some way to make it illegal, but whatever.
If you think government metrics during trumps presidency will be accurate, i have a bridge to sell you.
Most .gov websites are essentially useless the moment trump takes the throne.
The CPI is a key economic indicator. It’s unlikely that banks and markets would tolerate that kind of meddling.
But, if the CPI was changed for political reasons, there are other similar stats.
In plain language: Wall Street can make or lose billions of dollars based on correctly/incorrectly forecasting this stat, so you can bet your ass they have accurate data. Some of it is private; some is available to paying customers. Even if the data is not public, it is often publicly characterized, for example, in economic forecasts and in publications like The Economist.
Some examples of alternative CPI sources are: PriceStats and The Economist’s Intelligence Unit. Both require paid access.
Be aware that freely-available stats may be published with political agendas, by Fox News conspiracy theorists, etc.
Funny that you think they’re accurate now. Doesn’t matter WHO is in office, the feds tell you what they want you to hear.
Don’t forget the Big Mac index, apropos the incoming administration.
probably would only work well if backed by a browser extension, camelcamelcamel is nice but IDK what covers local prices for grocery stores.
This should be tracked regardless of who’s in charge
Well, yeah, but he’s made it a big part of his campaign. In reality somebody should make a list of ALL promises they make, and then see who’s trustworthy.
It will be interesting to see what happens for sure. It’s hard to imagine there will actually be the tariff + removal of income tax proposal that trump said he would do. I’m not sure any democrat will go for it, so Trump won’t be able to do it if there are any republican defectors in congress, and at least some of them prob won’t do it as it they realize it will destroy the pocketbooks of their donors.
Considering using it as an excuse to upgrade my PC to an actual high-end rig to avoid tariffs on PC parts. Never had a PC that was actually “high-end” but this could be an excuse to build one. Aside from that, not much at the moment. There’s too much shit that’ll be affected by tariffs and aside from my PC, I can’t really see myself buying anything new that’ll truly last me four years. As such, there’s not much of a way for me to dodge tariffs.
That’s a good plan if only I had the money spare to do the same rn haha
American
savings or investments
I don’t understand
