It is stunning how stupid so many people are, especially regarding Trump’s tariffs. People need economic lessons. I majored in economics in college, which I hated. I thought it was boring, that the professors were stupid, and that the students were even worse. I probably read too many books before I ever stepped into a college classroom for my good because I couldn’t get into the going through the motions thing to endure so much stupidity. But I knew, even thirty years ago, that they were teaching Marxism in all the economic schools, which was surprising, given that Adam Smith’s Wealth of Nations should have been the entry textbook. Nobody in America should be studying economics without understanding Adam Smith and putting their arms entirely around capitalism. We aren’t a communist, socialist, or Marxist nation with a parasitic economic system, and all those traders on Wall Street have fallen into the schools of Marxism as their reference point, and that’s on them. I’ve known about the influence Marxism has had in our political and economic fields for a long time, but this stupidity even shocks me. People should know better what Trump is doing. And thank goodness he is doing it. Our trade imbalances were put in place for one reason: to redistribute America’s wealth to other nations, to loot the only real capitalist country in the world and feed it to all the crazy lunatic communist and socialist countries of the far east and Europe. Yes, China, to those who don’t know, which appears to be most people working in the finance industry, is a communist country that has made all of its money off stealing it from the United States. China did not create wealth and become the powerhouse it is today because it did something better in the world than everyone else. They did it because they were built off stolen money, and Trump’s trade tariffs are designed to take that money back, as it should have been all along.
Go ahead and mark it on your calendars, these renegotiated trade deals from Trump will immediately infuse the American economy with trillions of dollars of new revenue, which has been part of our exporting portfolio. The price of oil is coming down. We will soon be shipping energy all over the world again, which will be worth trillions more. And on the frontier of DOGE, we are going to address many of the assumptions about the size and cost of government that will pave the way for the future, where running our economy in the black will become the norm. This is how you get there, and everyone should understand that. They should have known this all along. This should be taught in our colleges. It’s basic economics from the perspective of Adam Smith’s capitalism. I have several copies of Smith’s Wealth of Nations that I have read through so many times that the pages are nearly falling out of all the copies. I have one in my office that I recently purchased because it comes up so often that people want to see it, and those older copies weren’t in a condition to be looked through without falling apart in their hands. So, why isn’t that the case with everyone? Because it should be, otherwise we can’t even have a foundation discussion on economics unless that essential reference point is understood. All these traders who focused on stock value should have seen the signs; it’s not like we didn’t tell you what was happening. What they have been dealing with was fake value. What they will be dealing with is actual value, reset by these tariffs, which puts the power position back into the United States, where it should always have been.
I want to mention a couple of things as a reminder of how we arrived at this point. They are conspiratorial, but certainly not untrue. Not convenient for people who would rather not know. But Covid was a bioweapon created and released in China, which was accelerated to the world stage to knock Trump out of office during an election year. COVID-19 was released shortly after Trump implemented the tariffs against China in the first months of 2020. The free money was coming to an end for them, and they conspired with a lot of forces, especially at the World Economic Forum, to release a pandemic in the world to allow for the desired Great Reset of the global economy into a fully micromanaged Marxist perspective where China would rule the world from that position. If you don’t understand that, go back and review all the evidence, and you will see that it was clearly what happened. The other thing that happened was the conspiracy of the Federal Reserve to prop up radical leftist losers like Larry Fink at BlackRock to essentially use him to artificially prop up the stock market with a balloon that was always going to burst. But they thought that by the time it did, the dollar would be gone and we’d be on a digital currency, and they’d never get caught for what they’d done. The Fed and Wall Street conspired to print phony money with no gold backing, using it to inflate the market with cash that would be laundered through the stock exchanges, thereby creating entirely fictitious value.
That’s what we do in real estate all the time, where we built a house for $ 50,000 30 years ago. The house is the best house it was ever going to be when it started. As it ages, it starts to fall apart and requires frequent renovation. But our expectation of that value increases. Today, that house is worth 200K or 300K, that same house, because we expect a Ponzi scheme where the future will pay for the profits of the past, until, of course, you hit the brick wall of diminishing marginal returns, which is where a lot of young people are today. They can’t afford to pay $300,000 for a house that is still only worth $50,000 in absolute value. That’s what the Fed and BlackRock, State Street, and Vanguard did to the world’s money supply, and they thought they would get away with it because the world would switch to a digital currency before the balloon burst. However, instead, we elected Trump, and he was intent on correcting this mess because he understood it from the inside out. He promised voters that he would do precisely what he is doing now: bring the value of the world’s economy home, which is what is happening now. All those jobs shipped all over the globe because of horrendous economic policies will come home for their survival. Prices in America will decrease due to increased competition. And our economy will be awash in cash, lots of it. And quickly. The only people who will suffer are those who were betting on the demise of America, which includes many traders on Wall Street. That is on them. They were warned, and they placed their bets against America anyway; so, no amount of crying about it now will put the genie back in the bottle. I am very proud of Trump. But what he’s doing isn’t strange or unusual. I’m just happy he had the guts to do it, and now everyone will see for themselves what they should have learned in school – how the economy works. And Karl Marx was a slack-jawed loser that nobody should have listened to, ever. And for all those colleges who taught all these young kids who are now grown adults Marxism, they should be giving back what those educations cost, because they crippled people, they didn’t help them, and now they are too stupid to function in the world.
Rich Hoffman

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