bitbybit on Nostr: The Tradfi literature on tariffs assumes countries operate in a fair monetary playing ...
The Tradfi literature on tariffs assumes countries operate in a fair monetary playing field. They never assumed (or thought) countries would be forcing their populations into essentially slave labor through currency devaluation. In the world we actually live in; tariffs are appropriate and necessary.
In a fair monetary world (Tradfi assumes this) they are a poor choice.
Published at
2024-11-21 00:20:41Event JSON
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