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The relationship between tariffs and inflation is very complex. In a consumer-based economy, they shouldn't even have any. Society would just react to tariffs
by marcosdumay 1y ago
The relationship between tariffs and inflation is very complex.
In a consumer-based economy, they shouldn't even have any. Society would just react to tariffs with some deflation elsewhere. But since the US economy is now investment-based (a WTF for some other post), there should be some, but I would still expect not much of it.
IMO, that's almost all due to the tax policy.