patrick.net
An Antidote to Corporate Media
1,364,663 comments by 15,736 users - HANrongli, Misc online now
Protectionism => higher prices, but if you really want inflation...
2017 Jul 24, 2:13pm 2,169 views 10 comments
« First « Previous Comments 9 - 10 of 10 Search these comments
9
anonymous
2017 Jul 25, 9:19am
Inflation is a great deal for anyone in debt. Like almost every homeowner in America.
Bring it!
Wage inflation, maybe
10
RWSGFY
@
2017 Jul 25, 12:00pm
RWSGFY
@
2017 Jul 25, 12:00pm
What in the fuck are you doing hiring illegal Mexicans
They weren't illegal - wogster personally e-verifyed every one of them. Not.
« First « Previous Comments 9 - 10 of 10 Search these comments
Hear them complain that inflation is too low and requires a lot of asset pumping measures.
https://www.nytimes.com/2017/07/24/us/politics/us-inflation-remains-low-and-thats-a-problem.html
While at the same time they keep warning you that protectionism would mostly mean higher prices.
https://www.bloomberg.com/news/articles/2017-07-12/bernanke-and-other-heavyweights-warn-trump-against-steel-tariffs
That's the whole point: if you weren't destroying prices, you would have inflation.