https://x.com/balajis/status/1901135087116448144
"Tariffs are taxes."
"Tariffs are regulations."
"The US issues the reserve currency, so it’s always higher margin to print 100 cents on the dollar, than to grind out a screw for 1 cent on the dollar."
"Tariffs are taxes."
"Tariffs are regulations."
"The US issues the reserve currency, so it’s always higher margin to print 100 cents on the dollar, than to grind out a screw for 1 cent on the dollar."
X (formerly Twitter)
Balaji (@balajis) on X
@carney Tariffs are taxes.
Tariffs are regulations.
And tariffs cause inflation.
Yes, they are a tool that can be used strategically for key industries, but there’s a big difference between targeted tariffs vs China on strategic parts vs random untargeted…
Tariffs are regulations.
And tariffs cause inflation.
Yes, they are a tool that can be used strategically for key industries, but there’s a big difference between targeted tariffs vs China on strategic parts vs random untargeted…
