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100 sats \ 0 replies \ @Coinsreporter OP 12 Aug \ parent \ on: Tariffs are generating inflation? econ
Yes definitely. It's one among so many drawbacks of creating such boundries. The world was better without passports.
Now there's a complete disparity which could be avoided by letting people move and settle without any restrictions. After all America what we now call is "Dream Destination" was actually filled up by the migrants. If we were living under the same old ruless at present, I have no doubt that the prices for goods and services weren't as high as they are now.
Whenever I compare the inflation in US to that of India, I'm always astonished. Even the bread costs ten times more in the US than it costs in India.