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11 sats \ 4 replies \ @Undisciplined 19h
I don't recall prices actually decreasing in the second half of 2024. Are they normalizing around an inflation trendline or something?
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42 sats \ 3 replies \ @carter OP 19h
I'm not sure... I stole this off twatter but I thought it was based on CPI so it would be percentage change but I don't know. I do think that import prices raising it would be dumb to not raise your price just under your foreign competitors. If you didn't you would be leaving money on the table but that's a different analysis
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42 sats \ 1 reply \ @SimpleStacker 19h
I don't think it's based on CPI. The fluctuations are too frequent for this timescale. They must be plugged into some real-time daily or weekly data for some kind of import prices / domestic prices. Amazon price data maybe? Not sure what else would be avialable that is so high frequency.
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30 sats \ 0 replies \ @carter OP 19h
https://www.pricinglab.org/files/TrackingTariffs_Cavallo_Llamas_Vazquez.pdf
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0 sats \ 0 replies \ @Undisciplined 18h
The basic point is probably right. I've seen other reports showing the same pattern.
I just find the price trend surprising.
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0 sats \ 0 replies \ @Solomonsatoshi 15h
Trump is taxing US businesses and consumers because the USA cannot compete with China.
It's a short term fix but does not address the underlying causal problems of the decline of the US Empire...although it might start the process of citizens realising radical change needs to be made if China is not to become the dominant global power in coming decades.
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