I am totally against tariffs as a matter of principle, because tariffs are a tax, and all taxes are slavery and theft.

That said, the statement "tariffs cause inflation" is incorrect. Tariffs cause a one-time increase on the nominal prices of goods.

However, inflation is *not* an increase in prices, but a decrease in the purchase power of the currency that, sustained in time, translates into successive increases in nominal prices.

In other words, inflation causes price increases, but not all price increases are inflation, and tariffs are not it.

This sounds like an "ackchually", but it's not.

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