Windex007@lemmy.worldtoNews@lemmy.world•Walmart just leveled with Americans: China won’t be paying for Trump’s tariffs, in all likelihood you will
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3 days agoThat’s my understanding as well.
But, as the original comment suggested, it doesn’t really matter.
If every other cast iron pan goes up 15% in price, what do you think Lodge will do?
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keep their price the same, see modest relative increase in market share with a demand for investment in additional production, knowing full well the tariffs aren’t going to be permanent leaving them over-invested in production whenever they drop the tariffs.
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Also raise their prices by 15%, immediately show increased revenue at no additional cost to shareholders next quarter. CEO gets massive bonus.
I’m guessing they maybe mean that they have a more trivial practical resolution to real numbers, in that i^2=-1?
Kinda like “yeah they’re imaginary but I understand that if I hit them with a certain stick they become real”