Posted on 11/25/2024 10:24:04 AM PST by Alas Babylon!
Top economist Steve Hanke said that it's "nonsense" to think Trump's policies will spur inflation.
Instead, inflation will depend on the Fed and the money supply, which has contracted since 2022. Inflation will fall below the Fed's 2% target in 2025, he predicted.
As Donald Trump's second term approaches, his policy proposals have triggered concern that inflation will see a resurgence in the coming years, but those fears are unwarranted, according to one economist.
(Excerpt) Read more at msn.com ...
Every leftist drone. They all claim his tariffs (ones that have existed since his last administration) will cause all prices to go up.
when you tell them those are already in place and have been since his last administration they call you all the names.
I see a lot of people who say that tariffs will make everything cost 10 times more. Idiots.
Inflation may see a surge. Or it may not. Absolutely no one knows. Many will predict. Half will be right. That half will not have superior judgment.
Gonna need an ocean of butthurt lotion
And he was going to wreck the economy if he won in 16...
Same old playbook and lies from the same old people.
The Left has a preadolescent understanding of economics.
Drill, baby, drill and eliminate dozens of worthless regulations will do that.
Stop with the giant omnibus bills and the printing of vapor dollars. That will help.
After lifting all the bans on energy production and increasing drilling/fracking permits oil prices will drop and we will see other prices drop significantly in the first 4 months.
I’ve seen people saying there will be tariffs on our groceries now, so eggs will get even more expensive.
Those people are a special kind of stupid-do they buy their own groceries? I don’t know why anyone would import eggs or other fresh food from a foreign country, tariffs or not-other than some avocados or bananas from just over the border in Mexico. Ridiculous...
We need massive deflation to get back to prices we had in Trump’s first term.
I told my chickens that apparently their eggs were going to cost me more and they demanded more feed.
What fears?
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