alt Hacker NewsUS tariffs are mostly dead. Ruled illegal and being refunded. Second attempt at tariffs has also been stopped. And inflation over the past 5 years is still milder than the late 70s and definitely milder than what has been seen in Turkey or Argentina or Zimbabwe.
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gpt5 • today at 1:57 AM
Not to mention that some of the effects that OP cited are either deflationary (like layoffs and automation), or clearly cyclic (like the memory boom bust stages, experienced just a few years ago post COVID).
threecheese • today at 2:59 AM
Ah, the ole’ “were doing better than Germany ca 1937” argument. /s
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refunded to whom? the businesses? great! where’s my refund as a consumer who paid those higher costs (passed along to me)?