So, i generally avoid the PACE Forum. Too much angst for me, not that i don't care or have opinions about the issues discussed. But I have a question I can't shake. So here we go:
One thing i remember from my economics classes is: "supply and demand". In a capitalist economy, supply and demand should be in a good relationship to each other. You don't want too much supply, too little demand, etc. So, i don't really understand how increased tariffs will reduce the supply of fentanyl into the USA. But, let's assume the tariffs work and the supply of fentanyl is reduced. What is being done to reduce the demand? I believe in a capitalist economy, if there is a demand, there will be suppliers to fill that demand. So, what happens if the supply is shut off? Genuinely curious.
I don't understand enough about the economics so i probably won't engage in 'debate'. I just don't understand and hope some folks can help make it all make sense...
One thing i remember from my economics classes is: "supply and demand". In a capitalist economy, supply and demand should be in a good relationship to each other. You don't want too much supply, too little demand, etc. So, i don't really understand how increased tariffs will reduce the supply of fentanyl into the USA. But, let's assume the tariffs work and the supply of fentanyl is reduced. What is being done to reduce the demand? I believe in a capitalist economy, if there is a demand, there will be suppliers to fill that demand. So, what happens if the supply is shut off? Genuinely curious.
I don't understand enough about the economics so i probably won't engage in 'debate'. I just don't understand and hope some folks can help make it all make sense...
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