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Posted
18 hours ago, Dbeasy said:

there is a decent chance tariffs don't produce significant inflation over time. Why? Because it slows the economy and is a one time price adjustment. But the Fed just raised their inflation outlook for the year in their meeting. Why? It's complex, but basically it would be because we drop into a recession, thus the deficit gets even way way worse than it already is, and the excess money printing causes inflation

Good summary, agree. 

Posted

This is an interesting and scary outlook on the U.S. debt and it's impact on interest rates and inflation. And just to be clear, the current Republican administration, and the Democrat administration before it, implemented and are implementing disastrous fiscal policies to address the issue effectively. We as citizens have got to get off team Red and team Blue and force our politicians to get on team America. 

  • Rage+1 1
Posted
50 minutes ago, jimmyjazz said:

Oh man, Trump is gonna lose it on that one.  He wants tariffs AND lower rates and the FED is saying he can't have both (right now at least).

Well, Doddard says that JPow is a “dumb man”…who was appointed as Fed Chair by <checks notes> Trump - so what did he expect? 

  • Haha 1
Posted
1 hour ago, Gatorubet said:

Well, Doddard says that JPow is a “dumb man”…who was appointed as Fed Chair by <checks notes> Trump - so what did he expect? 

It’s weird how so many (all?) of his appointments who were the best candidates at the time turn out to be dumb and crazy 

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