Don_Dickle to Explain Like I'm FiveEnglish • 1 day agoELI5 How does a tariff against a major trading partner effect the common pleebs?message-square16arrow-up120arrow-down10
arrow-up120arrow-down1message-squareELI5 How does a tariff against a major trading partner effect the common pleebs?Don_Dickle to Explain Like I'm FiveEnglish • 1 day agomessage-square16
minus-squaresunzu2linkfedilink2•23 hours agoIf demand is inelastic… Sure… Food rent gas But people can easily either not buy or find a substitute for lemonade lol… That’s bow free markets generally work Electronics can be used until they break!
minus-square@SolidShakelinkEnglish4•23 hours agoNon tariff lemonade is $2 because it’s local and “organic”. And it’s not gross Commie lemonade.
If demand is inelastic… Sure… Food rent gas
But people can easily either not buy or find a substitute for lemonade lol… That’s bow free markets generally work
Electronics can be used until they break!
Non tariff lemonade is $2 because it’s local and “organic”. And it’s not gross Commie lemonade.