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INFLATION - Kris πΏπ¨π¦ π¦π±
@ektrit
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There is nothing new under the sun. Staunchly pro-USA. #krisonomics. Shqiptar superior. Theology. History. Supply Chains. Finance. RΓ»m Orthodox Christian.
Toronto Canada,Tirana Albania
Joined September 2011
INFLATION #krisonomics theologizes: 1 million tons of product A imported to America is 1 million tons of product A imported to America. Tariffs, no tariffs, fiscal policy or not, monetary policy or not, DEI or not, it's still 1 million tons of product A imported to America. These 1 million tons of product A will be distributed as per the income strata in US. People who are well paid won't notice the difference. People who can barely make ends meet with 2 jobs will experience shortages of goods and services, as the 1 million tons will apportioned or rather rationed across the income strata. Unless the local supply or imports are increased, shortages will keep being felt by the bottom 50% which are not on X.
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10% rates will lower the consumption easy peasy. Trump is implementing Leninism. Redistribution of scarcer supply.
WHITE HOUSE ECONOMIC ADVISER HASSETT: TRUMP WANTS TO FIGHT INFLATION BY INCREASING LABOR SUPPLY AND LOWERING AGGREGATE DEMAND -CNBC INTERVIEW Lowering agg. demand? Is he arguing for a recession?
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RT @haugejostein: The WSJ is off target here. Sure, Trump tariffs on China will impact China. But China has diversified its export destinaβ¦
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RT @grumpyinnovator: Today a golden age starts for smart supply chain people. π Special thanks to @ektrit, @vtchakarova, @chigrl and @Halsrβ¦
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RT @Fingol_12: @ektrit Another favorite deluded phrasing is that advancements of western rivals are for "internal consumption" (i.e., fake)β¦
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RT @Custodian_Ra: @ektrit This what must have felt liking living in Rome during the rule of a Mad Emperor. π
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RT @nordicsmiles: @Steve_Sailer @ektrit As a Dane I can explain- we brought the sensible part of emigration politics into the center. Thereβ¦
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RT @Steve_Sailer: Denmark is the rare Western European country that doesn't have an ascendant far right party. Why not? Because over the laβ¦
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RT @anadoluagency: #BREAKING 'From economy to during, from trade to security, we need a new approach and a new global order to solve probleβ¦
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RT @alexi_fede: No basic understand of economyβ¦ Economy is the transformation of production factors (labor, energy and raw materials) intoβ¦
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