Honestly I am surprised at how much it has worked so far. He told companies not to raise prices in the face of tariff inflation and so far they largely have. It’s stupid and under classical economic theories will have unintended consequences such as causing shortages but in the short term it’s been working which really sucks for those of us who have been warning about consequences that have largely not happened.
He really does think the whole world is just like ordering a Big Mac.
Honestly I am surprised at how much it has worked so far. He told companies not to raise prices in the face of tariff inflation and so far they largely have. It’s stupid and under classical economic theories will have unintended consequences such as causing shortages but in the short term it’s been working which really sucks for those of us who have been warning about consequences that have largely not happened.
That’s actually a shockingly good point.
Honestly the jawboning works way better than it should.
Thank Big Tech/social media, I guess?
Order corn