Yesterday 2:41 pm
Please stop.*Beekeeper » 19 minutes ago » wrote: ↑ You got PWNED and you know it, SUCKYBOY!!
TARIFFS ALONE cause a ONE TIME price increase which is NOT INFLATIONARY since it doesn't continue a price increase over time. THAT'S how the value of money is deteriorated, along with MONETARY POLICY AND PRINTING MORE MONEY!!
PERIOD!!
Tariffs don't just affect finished goods...
https://www.bostonfed.org/publications/ ... -inflation
For example, we estimate that an additional 25 percent tariff on goods from Canada and Mexico combined with an additional 10 percent tariff on goods from China could add as much as 0.8 percentage point to core (excluding food and energy) inflation. By contrast, the policy that was proposed during the presidential campaign, an additional 60 percent tariff on imports from China and an additional 10 percent tariff on imports from the rest of the world, could have contributed as much as an additional 2.2 percentage points to core inflation.1 It is important to emphasize that our estimates represent a first-round effect on prices. That is, they do not take into account how consumers and competitors eventually might adjust to the import price increases that tariffs induce