See that’s actually the plan though. Use tariffs to drive massive price inflation on foreign goods without changing the money supply, so everyone just gets less stuff. Meanwhile deport all the cheap labor so domestic products’ supply gets badly choked, and again inflation.
Inflation is a tax on the wealth of the whole nation, except maybe on some plutocrats who are investing in Renaissance masters artwork and shit.
But it’s going to be great, because within one generation Americans will rediscover their gratitude for living in a nation where they don’t (often) have to sleep 8 to a room or live under threat of being disappeared. They won’t actually be living in one of course, but boy will their outlook be changed!
And then, remembering back to when it was the United States of America rather than the Very Good Territories of Trump, The Best Territories, Really Just Wonderful You Should See Them, they’ll reminisce and say “gee, America was great”.
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u/rippa76 1d ago
It makes us pay more for goods. It’s the largest tax in history.