The Federal Reserve Bank NEEDS to ruin Trump's economy. (QRV)

submitted ago by 3216532?

The Fed CANNOT allow Trump to prove to the American people that TARIFFS WORK!!! It is standard socialist lore that tariffs caused the Great Depression in 1929. Lies. It was the Federal Reserve Bank rapidly raising rates which caused the crash. What is the Fed doing now? Interest rate HIKES???

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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?

18589386? ago

All else equal, increased tariffs mean greater demand for local goods, which results in higher prices, which results in more production needed, which results in more hiring and lowered unemployment, which means wages have to rise as businesses compete for workers.

18589436? ago

How many economic classes did you take. That’s not how any of this works.

18589558? ago

Then explain it, all-wise one.

18589583? ago

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