Karnage on Nostr: nostr:note1slnskprpdvfmh20mnvkzzz4n5xvqam5cpr9awcv9x5cnyck8s2xsnrp99u

quoting note1sln…p99u

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…