holokat on Nostr: Imagine being a nation that doesn’t produce anything, telling all the producers ...
Imagine being a nation that doesn’t produce anything, telling all the producers what to do.
Trump’s threat of 100% tariffs would backfire massive. What it means in practice is higher prices for consumers, massive inflation to keep purchasing power up, a further weakening currency, LESS foreign investment, not more - because they also have to rely on imports to produce in US…
The producer only needs to raise prices to make up the losses…
Published at
2025-01-31 03:36:21 UTCEvent JSON
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