Yesterday 10:59 am
DUMB **** ****Beekeeper » 7 minutes ago » wrote: ↑ Higher prices.
Tariffs DO NOT cause inflation because PRICE INCREASES don't continue every month, *******!!
AND because the very definition of INFLATION has NOTHING to do with "price increases" but has EVERYTHING to do with an INCREASE IN THE MONEY SUPPLY and that starts chasing TOO FEW GOODS. THAT pesky law of supply and demand starts kicking in, CAUSING INFLATION!!
---------------------------------------------------------------------
Yes, tariffs can contribute to inflation. When tariffs are imposed, the cost of imported goods increases, and businesses may pass these increased costs on to consumers, leading to higher prices. This is especially true if tariffs are imposed on a wide range of goods or if they disrupt global supply chain