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I have a chronic trade deficit with my barber...

I've been getting my hair cut for years, he buys nothing from me. This acute analysis, attributed to economist Robert Solow in the early 2000s, also serves as a reminder that this is exactly how money freed us from barter and thus opened markets in the first place - precisely by allowing for asymmetrical exchanges. What we really need to understand here is how profoundly anti-market these Trump tariffs are.


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Topic - I have a chronic trade deficit with my barber... - Jim Pearce 06:31:15 04/08/25 (45)


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