2 ms·
> finally, the effect of tariffs is argued to be wealth transfer to the US Treasury. this is worth thinking harder about. but also, exports may change from whom
by disgruntledphd2 9mo ago
> finally, the effect of tariffs is argued to be wealth transfer to the US Treasury. this is worth thinking harder about. but also, exports may change from whom goods are purchased. thus, it's a diplomatic policy, as well.
It's a national sales tax really.
- dfee 9mo agoYeah – I think that's what the paper suggests.