• 0 Posts
  • 9 Comments
Joined 2 years ago
cake
Cake day: August 14th, 2023

help-circle
  • Well you can start driving in US at 15

    Like I said quick Google

    Even less Germans driving, proves my point more

    Germans only really drive if they are willing and able

    Americans are forced to drive

    Car deaths in America aren’t happening because they have automatic transmissions and can’t drive as fast as they want.

    Just the seer amount of drivers, more cars on roads to crash into, and less willing and able drivers.


  • Quick Google

    In 2024 36% of Germans reported using the car daily.

    In 2023 95.3% of Americans older than 16 drive on occasions.

    83 million Germans, 63% above 16

    340 million Americans, 65% above 16

    52 million potential drivers in Germany, 17 million actually drive

    221 million potential drivers in America, 210 million drive daily

    17 million vs 210 million daily drivers

    ~12x more drivers, only 2x more death

    Per capita isn’t really a way to look at it

    Besides automatic cars or lack of a manual transmission is not causing accidents.

    Chance of death goes up significantly with speed

    No one has ever crashed because they couldn’t go over the speed limit




  • No, because (1 + tariff) isn’t enough to keep up with the tariff because as the price goes up, the tariff also goes up.

    Like in the example going from $5 to $6.25 (5 × (1+.25)). Would result in 31 cents less per bottle.

    It needs to be ~33% more or $6.67 for the syrup company to keep the same profit with a 25% tariff.

    Final Price × Tariff % = Tariff Amount

    Final Price - Tariff Amount = Cost of Good Sold

    Cost of Good Sold - Expenses = Profit

    So if you need $2 profit

    $2 = (Final Price - (Final Price × Tariff %)) - Expenses

    $2 = (X - (X×.25)) - $3

    $5 = X - .25X

    $5 = .75X

    X = $6.67

    Formula would be

    Profit = (Final Price - (Final Price × Tariff %)) - Expenses



  • So if a company still wants to make $2 profit per bottle.

    Company raises price to $6.25 to try to cover the tariff (25% increase)

    The tariff becomes $1.56 ($6.25 × 25%)

    Instead of selling for $5 price, they would sell it for $4.69 effectively ($6.25-$1.56)

    Instead of making $2 profit, they would make $1.69 profit ($4.69-$3(production cost))

    If they still sold the bottle for $5, paid $1.25 tariff

    They would make 75 cents of profit ($5-$3(production cost)-$1.25(tariff))


  • Let’s say a bottle of Canadian Maple Syrup is $5 before.

    25% Tariff is $1.25

    Let’s say the company makes $2 on each bottle before tariff. They really need to make $2 per bottle to cover expenses

    So if a company still wants to make $2 a bottle still.

    If they sell for $6.25 to try to cover the tariff (25% increase)

    The tariff becomes $1.56

    Instead of making $5, they would make $4.69.

    Instead of $2, they would make $1.69

    If they sold the bottle for $5, paid $1.25 tariff

    They would make 75 cents

    The number for $5 is $6.67

    If the company sold the syrup bottle for $6.67. Payed $1.67 in tariff (25%). They would make $2.

    Now, of course, they want to sell it for $6.67. Will people pay the increased price?

    They can’t just keep selling them for $5 and make basically a 1/3 of their previous profit.

    Prices have to go up. How much is up to the consumer.

    If the consumer is willing to buy Official Canadian Maple Syrup 🍁 for $6.67. The consumer is paying the whole $1.67 tariff.

    An interesting thing happens when people pay $8. The syrup company makes an extra $1, Government gets $2 tariff. It’s a win for everyone, but the consumer that lost $3. (Kind of scary if Trump gets a Maple Syrup company in Canada, goes around, ignores, or pays himself the tariff and sells a bottle for $5. Both are true Canadian Maple Syrup, it just has his name on it. Are you going to buy the $5 or the $8? Even if you buy the $8, he gets $2)

    The consumer can’t win. Free economy is better.

    ~33% increase covers a 25% tariff

    If the price settles at $6.

    Company pays 50 cents

    Consumer pays $1

    Trump gets $1.50

    Who even is in charge of the “tariff funds”?

    Like people are happy with having to pay $1 to get the company to pay 50 cents? Like that’s a win?

    Sad reality is Americans should not buy anything with a tariff. Paying a premium to help support Canada seems like a good thing but if everyone does it and everyone pays 33% more. The tariff funds makes out like a bandit all thanks to the consumers.

    TL;DR: Company facing a 25% tariff will look to raise prices 33%. If they can they are fine or better. Consumers lose. I really like Vermont Maple Syrup