6th
March
2018
Trying to learn during down time
As the neighbour wobbles toward a new round of “protectionist policies”, I’m unsure of the motive. Or the outcome. I understand the basic premise, where if someone is selling you stuff cheaply, you throw in a penalty clause (called a tariff). Here’s the catch; unless you also fix your local prices, the business world just ups everything (inside and outside your wall) to profit from your policy. In the end, the consumer loses.
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