alt Hacker News> assuming no additional countervailing policy changes
When you add this qualifier who is disagreeing? This is tautological.
It's like you're making a point that doesn't flow from the original discussion and point raised that economists missed the mark on how much Trump's tariffs would cause extreme inflation for everyday US citizens. They still can (TBD), but haven't to the extent predicted.
Replies
lovich • yesterday at 2:32 AM
Do tariffs increase the price paid for an item?
No one can continue discussing with you if base facts can’t be agreed upon.
> > assuming no additional countervailing policy changes
> When you add this qualifier who is disagreeing?
Anyone who disagrees that tariffs are inflationary. If you enact them, price level increases are produced which are sustained unless some other event unrelated to the tariffs introduces a deflationary effect which offsets the inflationary effect of the tariffs.