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Justin Wolfers
justinwolfers.bsky.social
did:plc:4kshoaytrzhgsziro6ywozul
"I see an American economy that's very much frozen in place."
Policy whiplash around tariffs creates the option value of waiting. Firms won’t expand into opportunities that might vanish, and they're not pivoting based on threats that might fade. It's an uncertainty-driven paralysis.
2025-09-10T11:52:46.608Z