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"A tariff-fueled inflation is different than a normal inflation... It is a much more painful form of inflation." Lemme 'splain why.

Justin Wolfers

350,267 subscribers

47,708 次观看 • 10 个月前 •via X (Twitter)

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Trying to make a somewhat difficult analytic point on TV: A tariff-induced inflation is different, and more painful, than most other sources of inflation. When tariffs cause prices to rise, there's no reason to expect wages to follow.

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