Shoddy-Log on Nostr: Tariffs are not inflationary. No consumption tax is inflationary. Higher prices ...
Tariffs are not inflationary. No consumption tax is inflationary. Higher prices causes demand to fall, which means businesses will have to lower their prices. That means businesses are making less money, and the difference is going to taxes. The actual price of the good is lower, and the rest is tax.
Published at
2024-12-11 08:25:41Event JSON
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"content": "Tariffs are not inflationary. No consumption tax is inflationary. Higher prices causes demand to fall, which means businesses will have to lower their prices. That means businesses are making less money, and the difference is going to taxes. The actual price of the good is lower, and the rest is tax.",
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