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14 sats \ 2 replies \ @Aardvark 7 Mar \ on: What a Mar-a-Lago Accord Could Look Like (Financial Times, Gillian Tett) econ
What's your take on all of this suff, because most of it is beyond me. Do you think its going to be a positive medium to long term plan, or is it just chaos?
I'm gonna say it's beyond me too. (but I do enjoy the chaos)
Instinctive economist reaction is obvs that tariffs = bad, making everyone poorer.
- Do I have hopes for a better global monetary arrangement? Yes.
- Does that come along via a political agreement à la Bretton Woods or Plaza accord? Hardly.