4 ms·
US tariffs are mostly dead. Ruled illegal and being refunded. Second attempt at tariffs has also been stopped. And inflation over the past 5 years is still mild
by tootie 5mo ago
US tariffs are mostly dead. Ruled illegal and being refunded. Second attempt at tariffs has also been stopped. And inflation over the past 5 years is still milder than the late 70s and definitely milder than what has been seen in Turkey or Argentina or Zimbabwe.
- gpt5 5mo agoNot to mention that some of the effects that OP cited are either deflationary (like layoffs and automation), or clearly cyclic (like the memory boom bust stages, experienced just a few years ago post COVID).
- threecheese 5mo agoAh, the ole’ “were doing better than Germany ca 1937” argument. /s
- tootie 5mo agoI didn't say "doing better". I was responding to someone very wrongly stating that we're at a historic level of inflation.
- lurking_swe 5mo agorefunded to whom? the businesses? great! where’s my refund as a consumer who paid those higher costs (passed along to me)?
- gpt5 5mo agoIf you imported yourself, then all major carriers (Fedex, UPS, DHL) have announced that they will refund the cost. The imported stuff you bought retail unfortunately won't be refunded (unless one of the current ongoing class action lawsuit will win).