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To: central_va; Pelham
Tariffs cause inflation and THAT IS A GOOD AND DESIRED THING.

Inflation is always and everywhere a monetary phenomenon---Milton Friedman

They don't cause inflation, they raise the prices of some goods and people have less money to spend on other goods. That's not inflationary.

84 posted on 01/26/2017 2:36:16 PM PST by Toddsterpatriot ("Telling the government to lower trade barriers to zero...is government interference" central_va)
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To: Toddsterpatriot; central_va

That’s right, tariffs are a tax affecting certain imported items.

Inflation is a monetary phenomenon affecting virtually everything.


91 posted on 01/26/2017 2:45:08 PM PST by Pelham (the refusal to Deport is defacto Amnesty)
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To: Toddsterpatriot

That is the point. The greed factor kicks in and the profit margin increases for the domestic manufacturer and the result is more Americans working. The tariff reverses the bias in favor of the US worker but not for altruistic reasons but because of greed. We agree on something at last.


92 posted on 01/26/2017 2:45:37 PM PST by central_va (I won't be reconstructed and I do not give a damn.)
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