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33 sats \ 1 reply \ @SimpleStacker OP 4 Apr \ parent \ on: Mini Pleb Economist: Quick analysis of tariffs econ
Yeah I agree that the panic isn't justified. Though I do think even if what you say is true, there will be a painful adjustment period.
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30 sats \ 0 replies \ @Undisciplined 4 Apr
Yep. That's a prediction from general equilibrium models, which know nothing about the path to equilibrium.
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