• Damarcusart [he/him, comrade/them]@hexbear.net
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    3 months ago

    I don’t understand what they expected to happen. Do people like this honestly think that the tariffs just mean China is going to pay twice as much or three times as much for the same amount, instead of just buying cheaper soybeans elsewhere?

    I know neoliberal economics despises the labour theory of value, but I didn’t think it also despised very basic ideas like supply and demand as well.

    • Wisp [fae/faer, any]@hexbear.net
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      3 months ago

      Do people like this honestly think that the tariffs just mean China is going to pay twice as much or three times as much for the same amount, instead of just buying cheaper soybeans elsewhere?

      Yes literally. The average American has no idea what words mean

      • Damarcusart [he/him, comrade/them]@hexbear.net
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        3 months ago

        I know Americans consider themselves the centre of the universe, but it really does feel like a lot of people in America just think that people in other countries just stand around doing nothing until AMERICA interacts with them.