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China matches Trumps stupid Tariff. Navarro should be shown the door.
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reformedbanker
Posted 4/11/2025 22:58 (#11186262 - in reply to #11186157)
Subject: RE: China matches Trumps stupid Tariff. Navarro should be shown the door.


Corporate earning have increased at a faster rate than inflation each decade for 100 years driven by technological innovation and capitalism. So even if the PE multiple for the stock market was a fixed constant, inflation adjusted wealth has been created.
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