Karnage and 248 others on Nostr: Imagine being a nation that doesn’t produce anything, telling all the producers ...
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…
Published at
2025-01-31 03:36:21Event JSON
{
"id": "87e70b04616b13bba9fb9b2c210ab3a1980eee9808cbd7618535313262c7828d",
"pubkey": "1bc70a0148b3f316da33fe3c89f23e3e71ac4ff998027ec712b905cd24f6a411",
"created_at": 1738294581,
"kind": 1,
"tags": [],
"content": "Imagine being a nation that doesn’t produce anything, telling all the producers what to do. \n\nTrump’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… \n\nThe producer only needs to raise prices to make up the losses…",
"sig": "5b564bc2d5c58c45e875712be249eaf3321f6e8cea6a7e6d070a828835e4f84f16d9239ec9043ffa5c5b5c5fcfa9c2398deaa2ec76e999b76181e551477d3ef7"
}
