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Six months into tariffs, businesses have no idea how to price anything

(www.wsj.com)
462 points JumpCrisscross | 1 comments | 30 Aug 25 20:56 UTC | HN request time: 0s | source
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Refreeze5224 ◴[31 Aug 25 01:38 UTC] No.45079571[source]▶
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dismalaf ◴[31 Aug 25 01:55 UTC] No.45079639[source]▶
The system that allows very wealthy to exist is also the reason the US has the highest class mobility among western nations.

Also, on a purely pragmatic note, capital is mobile. If you penalize the rich, they just move, and then the new system will stop class mobility.

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Der_Einzige ◴[31 Aug 25 02:00 UTC] No.45079660[source]▶
The globe can collaborate to make sure capital has nowhere to fly to. Form the USSA and get china onboard and let the USSR come back (they’re still the loyal opposition in today’s Russia) and capital will just fucking take it like they deserve to. What, you gonna go to the moon now?
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1. decimalenough ◴[31 Aug 25 02:11 UTC] No.45079716[source]▶
> The globe can collaborate to make sure capital has nowhere to fly to

<meme>hahahaha no</meme>

There are countless places that are more than happy to accept capital with few questions asked. Including, funnily enough, the US itself.

https://www.project-syndicate.org/commentary/america-becomin...