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21 sats \ 1 reply \ @Bell_curve 20h
Tariffs are indirect currency devaluation
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Exactly. But only when it is on everything. It is a good tool to protect a industry. But it is now abused. Funfact: the us was always fighting for a free market with no taxes. It accused other nations of violating free market rules by taxing foreign or subsidize its own industry. And now this.
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