December 12, 2024
Will prices go up or down during the Second Coming of Trump?
President-elect Donald Trump has acknowledged the difficulty of reducing grocery prices, stating, "It's hard to bring things down once they're up."
Lower Energy Costs and Better Logistics
Trump hopes that lower energy costs and improved supply chains may prevent significant price increases on food. However, many economists believe that Trump's tariffs on foreign countries and massive deportation of illegal immigrants, which include millions of undocumented farm workers, will increase food prices.
Additionally, while Trump emphasizes the role that potentially lower energy prices may have in food costs, experts note that energy constitutes a relatively small portion of food production expenses. Energy prices may also increase despite experts forecasting that they will stay relatively low or go further down. After all, economists and financial experts are wrong often, almost all of the time.
Three Future Possibilities: Up - Same - Down (USD)
The future has not been created yet. No one knows for sure whether food prices, or any other prices for that matter, will decrease, stay the same, or increase during the Second Coming of Trump. For sure, some prices will increase, some will stay the same, and some will decrease. Those are the only three possibilities.
Smart humans should prepare for all three possibilities and price scenarios. Prices may go up, stay the same, or go down. Trump is not a god and doesn't have a magic wand to control prices. For crying out loud, Trump hasn't even been able to increase the share price of his media and technology company, the Trump Media & Technology Group (Ticker: DJT).
Losing Money on DJT
Trump's media company is a net money loser. We were among the fools that thought Trump would find ways to make DJT stock worth owning. So far, that hasn't been the case. We are down 30% on our DJT stock bet.
The Trump man hasn't been able to raise the share price of his own company. Do you really think that he will be able to command prices in the whole American and global economy? We don't.
The Trump Reelection Honeymoon will be Over Sooner or Later
The real world may prove significantly more complicated that what we simpletons would like it to be by trusting on King Trump to make everything "great" again. It could very well be that things are already great as they are. It could very well be that trying to fix things can make them worse.
We are not pessimists of Debbie Downers by any means. Winners win. Winners will find ways to win whether Trump's plan work or not. Winners adapt and overcome. However, we should not forget that winners are a minority by default. After all, in the real world, most of all have to be the losers so that a few other primates may be called the winners. If the Second Coming of Trump ends up creating even more losers than now, the Trump honeymoon may end prematurely in just a few months.
Christian Advice for The Trump King
Christianity has trained most Americans to believe in a king that can solve everything. For far too many Americans, there is an imaginary king in heaven, and a Trump king on Earth. The expectations and the hype on the Trump king are too high, even for the Trump man himself. To hear him admit that a matter that all of his supporters wish come true (lower food prices) may be too "hard" is eerily scary and disappointing.
Nothing can be too hard for the Trump King. Imagine if Jesus Christ had said that things were too hard for him. Instead of admitting the truth that reducing prices will be hard, Trump should state that grocery prices will become more affordable. That would be more ambiguous and harder to prove. That would also entail that we will do so well economically and that we will be so better off financially under the king, that even higher prices will feel affordable.
Now you know it. Advise the King.
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