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"It’s worth noting that value-added taxes are a form of tariffs because they exempt exported goods but tax imported goods, and central banks usually do not resp
by olejorgenb 2y ago
"It’s worth noting that value-added taxes are a form of tariffs because they exempt exported goods but tax imported goods, and central banks usually do not respond to them, because legislated price changes are typically thought not to be indicative of underlying supply-demand imbalances."
Can someone expand on whether there is any truth to this at all? (See also a lengthy discussion thread here [1] on the same topic, where I could not get a satisfying answer)
[1] https://news.ycombinator.com/item?id=43562834 https://news.ycombinator.com/item?id=43562834