return2ozma@lemmy.world to News@lemmy.world · 30 days agoU.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs sayswww.nbcnews.comexternal-linkmessage-square10linkfedilinkarrow-up1200cross-posted to: news@lemmy.world
arrow-up1200external-linkU.S. consumers bearing more than half the cost of tariffs so far, Goldman Sachs sayswww.nbcnews.comreturn2ozma@lemmy.world to News@lemmy.world · 30 days agomessage-square10linkfedilinkcross-posted to: news@lemmy.world
minus-squareIlovethebomb@sh.itjust.workslinkfedilinkarrow-up12·30 days agoThere’s a shocking lack of financial literacy from a lot of people, and not just Americans. Tax brackets, tariffs, you name it. People somehow expect either the importer or the manufacturer to wear the cost.
minus-squarepartial_accumen@lemmy.worldlinkfedilinkarrow-up4·30 days ago…and perhaps most importantly: compound interest This applies not only to growth, but to debt.
There’s a shocking lack of financial literacy from a lot of people, and not just Americans.
Tax brackets, tariffs, you name it. People somehow expect either the importer or the manufacturer to wear the cost.
…and perhaps most importantly: compound interest
This applies not only to growth, but to debt.