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US Politics 5w

discotheque

 Unironically maybe worse than anything anyone in the Trump administration has said about economics this year. Feel free to send in contenders
15 upvotes, 8 comments. Yik Yak image post by discotheque in US Politics. "Unironically maybe worse than anything anyone in the Trump administration has said about economics this year. Feel free to send in contenders"
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8
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Anonymous 5w

“Why the U.S. working class doesn’t actually want to get paid”

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Anonymous 5w

I sure wish the Washington Post said all this last year

upvote 1 downvote
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Anonymous 5w

Worse than pretending like tariffs are paid by the exporter? Worse than that absolutely ridiculous equation they used to calculate the tariffs? Not sure about that one

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Anonymous 5w

From a macroeconomic standpoint, deflation is bad. From a microeconomic standpoint, competition good, monopoly may be lower in the short run, but they’ll raise prices way higher (which creates a deadweight loss). Same thing with international econ and the practice of dumping. This article, assuming it’s based on Trump’s “goals,” is referring to commodities, in which lower prices are ideal. Realistically, it’s more complicated than that!

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Anonymous replying to -> #1 5w

This article is specifically about price

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Anonymous replying to -> discotheque 5w

I’m making fun of the absurd nature of the article and the title

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Anonymous replying to -> #1 5w

It’s 2025 this is very weak clickbait. Also it’s like an econ 101 topic and this article is clearly geared towards low information voters / people. The author just doesn’t know they don’t read

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Anonymous replying to -> #5 5w

For example, the exploitation of the Americas by the Spanish led to doubling the amount of circulating gold in Europe. This shock to the supply accidentally created a weird form of hyperinflation on a commodity economy that may have been the first example of hyperinflation in history. Purchasing power went down across the continent because the commodity with a huge increase in supply also happened to be the money supply. This is also why currencies often relied on both silver AND gold

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