halalmoney @halalmoney - 10d
“One of the great problems of economics is that you never know for sure what the response to an economic shock will be until the event happens. This applies to everything from, right now, US tariffs, the possible ceasefire in Ukraine, a radical change in monetary policy at the US Federal Reserve… or inheritance tax here in the UK. So we have to rely on anecdotal evidence, and the problem with that is it is almost skewed by interest groups who pick the stories that fit their world-view.” https://apple.news/AY9-6GXklTwK2Orh3NX1fJw
