Friday, January 10, 2014

1-10-2014 Newshound Guru Adam Montana

1-10-2014   Newshound Guru Adam Montana   [Iraq stated they began placing tariffs on products coming into the country. I believe they said the tariff is 20% on the incoming products.  Don't they need a rate for currency so they will know if the tariff is taxed at a rate that makes sense for the country?]  Not only do they need a rate, they need imports upon which to collect said tariffs. With the value of the dinar so low, it makes no sense to put efforts into creating and enforcing tariffs. The more I hear about tariffs, the more I say "GOOD!  RV to an increased rate so people will be buying things to be imported, and collect the revenue to help pay for the RV. Everyone wins!"