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Well, that's what I'm asking - game this out. How is the trade war and economic hit vital (I take your meaning to be a "long term benefit") to our economic futu
by tunesmith 7y ago
Well, that's what I'm asking - game this out. How is the trade war and economic hit vital (I take your meaning to be a "long term benefit") to our economic future? What's the hoped-for sequence of events?
I can infer a couple of predictions - maybe the thought is that since China has already been very active in monetary policy (printing money), that they will eventually hit upper limits in doing so and will start experiencing massive inflation and will have to slow down their growth considerably. And that this hit will hurt China far more than it will hurt the US, thereby serving as a net benefit to the US overall. Is that on the right track?
(To make it really confusing you could point out how slower growth from both countries means less carbon emissions.)