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Cake day: June 8th, 2023

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  • Trump just got attached to the idea that once upon a time the federal government didn’t charge any income or corporate tax, and made all its money from tariffs. But at that time, they had barely any spending, almost no public services and absolutely no welfare. And the US doesn’t really produce much anymore.

    But it also works out for his friends, cause announcements of tariffs or pauses in tariffs make big moves in the markets. And if you know in advance, you can make big trades and make big money. Which they have been doing nonstop.