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To: BenLurkin

There is no sign import tariffs are causing any inflation like the gloBULLits scare tactics predicted.


2 posted on 08/09/2019 9:49:49 AM PDT by central_va (I won't be reconstructed and I do not give a damn.)
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To: central_va

Inflation is a macro-economic matter.

It does not mean costs are not rising somewhere in the economy for some reason. All it means is what cost/price increases there are they are offset - as a macro-economic factor - by lower costs/prices somewhere else.

It always means that still someone’s ox is getting gored when some else’s is not.

WHAT is also true, regardless of inflation is U.S. exports are down compared to 2018 and imports are not appreciably lower. Tariffs are not hurting the import picture that much while retaliatory tariffs by others appear to be hurting the export picture.


5 posted on 08/09/2019 10:05:31 AM PDT by Wuli
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