Oddbean new post about login | logout Tariffs may not be inflationary in the strict monetary sense, in that they don’t increase the money supply. But they do increase prices. Producers always pass price increases on to consumers. It will be no different this time around.
I consume very little beyond the necessities' for survival, and I vote with my money.
Yea but what about what the government should do? Like it or not, they set trade policy and enter trade agreements. Should that policy and those agreements avoid slave labor or be impartial?