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#prices

30 posts25 participants6 posts today
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The 25% #tariff on cars & car parts that #Trump is talking about goes into effect just after midnight. The #UAW union is a strong supporter of those #tariffs, but auto companies & economists have said they will lead to significantly higher car #prices & could even slow US auto production.

Trump said his tariffs offered an example of his admin “standing up for our great farmers & ranchers.” Reminder: in his first term, he had to bail farmers out after they were hurt by his #TradeWar w/ #China.

"Contrary to popular thinking, inflation is not about increases in prices, but about increases in money supply. Also contrary to various commentators, inflationary expectations—in the absence of increases in money supply—cannot cause a general increase in the prices of goods and services." mises.org/mises-wire/do-inflat #moneysupply #inflation #money #prices

Mises InstituteDo Inflationary Expectations Cause General Increases in Prices? | Mises InstituteEconomists like to claim that expectations of more inflation lead to, well, more inflation. Such beliefs ignore the fact that inflation is an increase in the

alojapan.com/1233080/japans-to Japan’s Tourism Surge Leaves Some Residents Frustrated #customs #EtiquetteAndManners #FeesAndRates) #Japan #JapanTourism #KyotoJapan #MountFujiJapan #Prices(Fares #tourism #TravelAndVacations On two recent occasions, a foreign tourist walked into Shoji Matsumoto’s barbershop, through a front door that grates loudly when opened more than halfway, wanting a haircut. One was Italian, the other British. Mr. Matsumoto, who is 75 and speaks neither…