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?
Can’t do much but pay bills. If things get harder then they already are it will slow down or reverse my plan to drop 1 or 2 of my part time jobs.
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 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.
there is nothing I could possibly do that would alter how much it affects me unless I suddenly got a lot wealthier
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.
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 given the incoming administration.
This should be tracked regardless of who’s in charge
I stocked up on ammunition. Should be good for a while
I’d mostly just be shocked a politician followed through on campaign promises
Getting my financial situation shifted to risk adverse and saving as much as I can.
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
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.
Whatever happens happens. Don’t really care that much anymore.
i’m gonna move to china as soon as physically possible
American
savings or investments
I don’t understand
im not, none of that shit is going to happen
Death to America
