Aida on Nostr: Most, if not all, of the production will be local. However, the higher cost of local ...
Most, if not all, of the production will be local. However, the higher cost of local labor (unless there is a constant inflow of cheap immigrant labor force) will push prices upward, resulting in lower domestic consumption. International trade will also suffer due to reciprocal tariffs. Anyone seeing only the first part of this equation clearly hasn't paid attention while reading their Bastiat.
Published at
2025-03-04 12:23:50Event JSON
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