“Many understand that tariffs on foreign steel make it pricier, making products from it costlier too. But taxing foreign steel also raises domestic steel prices. When something becomes scarcer—steel, eggs, Taylor Swift tickets—prices go up.
Politically, the idea of deliberately making things — like literally all the things — more expensive, when you were elected in large part due to popular exhaustion with inflation, is so irrational it’s like the economic policy equivalent of a Dali painting.”
Tito Ciuro /
npub18y…qczga
2025-04-01 10:22:28
Author Public Key
npub18y7ndyq3wrw8mj2nlthgn0zgc5swhk65826fcr03fe0k40usltwqtqczgaPublished at
2025-04-01 10:22:28Event JSON
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"content": "“Many understand that tariffs on foreign steel make it pricier, making products from it costlier too. But taxing foreign steel also raises domestic steel prices. When something becomes scarcer—steel, eggs, Taylor Swift tickets—prices go up.\n\nPolitically, the idea of deliberately making things — like literally all the things — more expensive, when you were elected in large part due to popular exhaustion with inflation, is so irrational it’s like the economic policy equivalent of a Dali painting.”",
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