Justin
@jstnfr.bsky.social
Reposted by Justin
2. There's the silly: after being mocked for setting tariffs to trade deficit / exports, the White House retorted that they didn't do that at all – they used this fancy formula.
How convenient that the two fitted parameters, ε=4 and φ=0.25 multiply to 1, leaving...yes, trade deficit / exports.
April 3, 2025 at 5:54 AM
2. There's the silly: after being mocked for setting tariffs to trade deficit / exports, the White House retorted that they didn't do that at all – they used this fancy formula.
How convenient that the two fitted parameters, ε=4 and φ=0.25 multiply to 1, leaving...yes, trade deficit / exports.