It's the age old standard rule: Supply(availability and successfulness of mining) vs Demand.
No availability(could also be hoarders), the exchange rate goes up.
No demand, the exchange rate goes down.
Turn your thinking around. Ask how much precious metal does it cost to buy a fiat dollar. Get the picture?
Please enlighten me and the other readers who question how an unpowered phone(no battery) is "tickled" to transmit its contents. If you are going to suggest that it would work like a toll tag, it would have to be specifically designed for that purpose and would also be very limited in the amount of data that could be withdrawn from the device. What say you?
Trouble with tariffs is if the country providing the product is the "sole source", which in many many cases China is, the increase in government revenue is derived from that tariff increase being passed on to the customer via a higher price.
Competition is the key.
Rather that the government getting the additional revenue and waisting it again and again, how about using it to subsidize US startups that manufacture the affected products here at home, to shed all dependency on foreign goods?
I guaran-damn-tee it the classroom didn't look like the one pictured.
Or, maybe it is, where the minorities don't even bother to show up.
~80% are in Chicago school district 299.
Just like everything else, take Chicago and to a slightly lessor degree C(r)ook county out of consideration and the stats significantly improve.
Democrat run cities just suck in every way and they should take responsibility for their failures.
... journalists are running away from stories for fear of what the public will think...
It's not what the public will Think of Them, it's what their cabal owners will Do to Them.