Fiat currency leads to slow, never ending inflation. Tariffs lead to short term inflation. The market eventually adjusts, including wages. With Fiat currency, wages always trail. They then use illegals and fraudulent visas to further suppress such that wages never catch up to inflation.
Many in the tech industry, for example, after inflation adjustments, haven't had a raise in two decades. This is because of many factors, but criminals, tech giants, and Fiat currency, illegals/fraud, are all major factors.
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18584650? ago
First intelligent China Tariffs comment I seen today on Voat.
18585344? ago
HIGHER PRICES HIGHER PRICES
18585642? ago
Higher prices are always offset by the higher wages earned after tariffs. Sucks to be china right now.
18585806? ago
Wait. Tariffs lead to higher wages?
18586294? ago
Fiat currency leads to slow, never ending inflation. Tariffs lead to short term inflation. The market eventually adjusts, including wages. With Fiat currency, wages always trail. They then use illegals and fraudulent visas to further suppress such that wages never catch up to inflation.
Many in the tech industry, for example, after inflation adjustments, haven't had a raise in two decades. This is because of many factors, but criminals, tech giants, and Fiat currency, illegals/fraud, are all major factors.