That large bite shows that things actually matter. I don’t know how else to explain it to you. But for liberation day, the s&p would be much higher than it is. As you can see.

This actually shows how this could play out: The same way we’re frog-boiled with higher and higher tariffs, this guy is gonna keep slowly pushing the envelope with fucking around with the fed, and people are going to keep talking themselves into going along. But anyway, we’re an impasse here.

I don't think we're disagreeing too much. My point is that the frog can't stop itself from dying just being it's ignoring the boiling water. It just might take time. But it's not indefinite.