I think it's a little bit more complicated than that: immigration (and particularly illegal immigraytion) keeps food prices down in the US, but it also puts pressure on housing and other public … (View Post)

Why would cheap goods from China create inflation? (And what is "artificial" inflation?) (View Post)

Musk is correct: Navarro is among the dumbest and most dangerous of Trump's advisors. Niall Ferguson called this one right: the voters went for Trump because of cost of living and (illegal) immi… (View Post)

I can't help feel this is a dumb idea. Meloni and the EU needs to ignore the US, and to stimulate domestic demand. Continuing to rely on the US's deficit spending is ultimately dumb. (Plus,… (View Post)

Quite a fun video (by a mathematician) on the maths behind the Trump tariffs: https://youtu.be/j04IAbWCszg?si=C9TEQeJOOPL59-Lj (View Post)