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> It's true that free trade is hugely beneficial to the US economy as a whole, particularly with the USD being the reserve currency. It's true that free trade
by bill_joy_fanboy 2y ago
> It's true that free trade is hugely beneficial to the US economy as a whole, particularly with the USD being the reserve currency.
It's true that free trade is hugely beneficial to large cap U.S. companies and their shareholders.
If you are U.S. worker without a lot of equity in the market all you notice is that your job gets outsourced.
- elcritch 2y agoThis “free money” also inflates housing prices. It’s one application of “trickle down economics” that works; except it’s housing prices. Even for highly paid Silicon Valley engineers what does it matter if much of that money goes right back to landlords?