- Stickiness
- Elasticity
- Shrinkflation
- Short attention span
The prices we're paying are tied directly to the combination of tariffs, plus the exporting country's inflation rate.
You want a new rug for the kitchen? A year ago it was $100. In April 2025, Trump hit the country where it's made with a 50% tariff. And that tariff smacked that country's economy badly enough that its inflation rate popped up into the low double digits - say 12%.
Your new 100-dollar kitchen rug will now cost you about $170.
EVERYTHING TRUMP TOUCHES
TURNS TO SHIT
No comments:
Post a Comment