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Comment by mullingitover

The tariffs don't actually bring in money, they just move money from one place (US taxpayers, who'd otherwise use it productively) and put it elsewhere (the treasury).

Now normally this might be put to some sensible use, perhaps building infrastructure, but since this revenue is being used to offset huge tax cuts for a tiny group of people determined to turn around and use the capital for (let's be real here) speculation it's a net negative.

In the end we're going to look back at this chapter of 'Devil Take the Hindmost: A History of Financial Speculation' and say "Well obviously those idiots should've see that coming."

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