Nikola Mitev on Nostr: If anything, tariffs may reduce inflation. US is in the unique in the world position ...
If anything, tariffs may reduce inflation.
US is in the unique in the world position to be able to issue any amount of fiat and get real goods and services for it. That is a huge advantage. The downside is it needs to keep 'printing' which causes inflation; that inflation however impacts everyone else more than it does the US.
I am happy with the tariffs as long as the trade war doesn't turn into a hot war. It does make the world fairer, just not in the way Trump intends.
US is in the unique in the world position to be able to issue any amount of fiat and get real goods and services for it. That is a huge advantage. The downside is it needs to keep 'printing' which causes inflation; that inflation however impacts everyone else more than it does the US.
I am happy with the tariffs as long as the trade war doesn't turn into a hot war. It does make the world fairer, just not in the way Trump intends.