More_NYTs

 An argument to consider on the tariffs question: the US needs the money, and the bond

market is getting used to the cash inflows. From the point of view of the US, trade war

tariffs are the GOAT!

https://archive.ph/2GUwr

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Asked Copilot to price the purchase of a hockey stick in Montreal, and in

the NYC . They're 25% cheaper in the US. So adding a 25% tariff comes down

to compensating for the difference in the value of the currency. 

Americans still earn more, but the distribution of income is skewered so that certain

classes or groups are richer!

Buying a hockey stick:

https://copilot.microsoft.com/shares/6zFzkdfDahvzgs8i2eRb5

GDP per Capita:

https://copilot.microsoft.com/shares/QrTcS6vRJdXLKUpHvyxPX

Using PPP:

https://copilot.microsoft.com/shares/p6hCQBdFGWwP76YqgDPMz

American income distribution:

https://copilot.microsoft.com/shares/WcSarw5Lta94yY7X5jSd9

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So if the US starts paying higher prices for imported goods, one would expect

the PPP to not look so strong for them, which might also mean a less skewed

income distribution as some workers need better wages. There is room for quite a 

bit of model building on these issuers...