Sixteen Nobel Prize-winning economists warn a second Trump term would ‘reignite’ inflation

https://www.cnbc.com/2024/06/25/nobel-prize-economists-warn-trump-inflation.html

37 comments

  2. “Ima votin’ fer ma Trump cuz them libruls and they’re science is evil!”

    – Average Trump supporter

  3. I think inflation might be the least of our worries if he is reelected….

  4. It would also reignite my hatred for this fucking asshole and his chuckle fuck supporters. Not that the hatred has ever left or anything, but it’s been nice these past four years with him out of office

  6. Why yes, exploding the deficit and jacking up tariffs on all imports (including raw material for manufacturers!) will drive up inflation.

    But if MAGA voters could do math or understand basic economics….they wouldn’t be MAGA voters.

  8. Maybe I can make a million a year!! Cheeseburger from McDonalds will be 500$ but my salary will be lit

  9. CNN will feature 6-8 talking heads who will spend an hour “asking questions” about why this will be “bad for Biden.”

  10. Note these are the same economists who said inflation was transitory in 2021.

    Inflation will continue to rise regardless of who is president.  The federal reserve controls monetary policy not the president.  The federal reserve creates inflation not the president. 

  11. how are there 16 nobel prize winners for economics still alive? they’re giving that shit out like candy. the economy fucking sucks for anybody not wealthy since i’ve been alive (88) with a small highlight on the clinton years where from my child perspective, middle class caught a little temporary break.

  12. Turns out tax cuts for billionaires doesn’t actually help.

  13. He already caused the first round of inflation. Before April first of 2020, Trump already added SIX TRILLION to the federal books. He did this to try to cause the stock market to not react poorly in an election year.

    I firmly believe, this went undetected because nobody could believe the depravity it would take to only think of your own single job during a health crisis. But it’s right on all of the charts. One big fat spike of money printing. 6 trillion

  14. Government waste and welfare spending creates inflation. So, stop doing that.

  15. Republicans have been consistently damaging to the economy throughout the 20th and 21st centuries. This got significantly worse with Reagan and each republican administration after has been a race to be even worse. They do not spend less but they do invest less most of their spending puts money in the pockets of specific cronies

  16. I’m sure republicans will be here soon to tell us how 16 intelligent people who have studied economics their entire life are very wrong, then go on to talk like tax cuts to corps will solve everything.

  17. I am all for defeating Trump, but the more experts that come out against, the more support he garners. Trump’s whole appeal is the elite experts are people who screw you over. That is until people realize the experts are mostly right because they invest a huge amount of time working, experiencing, and studying to become experts so that they can solve problems.

  18. Don’t need a Nobel prize to know that. Hes verbally fellating billionaires with the same song and dance as the last term which led to recent years. In all regards of his life he is a one trick pony, the definition of insanity.

  20. I can’t stand the MAGA movement, however all of these comments don’t make you better people. I’m honestly disgusted by both sides at this point. You lot are equally as classless. Creating more division is not the answer. Be kind to people you don’t understand.

  21. I had a guy try to tell me ok fine yes democratic presidents are better for the economy BUT democratic congresses are worse!

    😑

  22. They’ll “do their research” until they find a way to whatever it is they wanted to do in the first place.

  25. Winners of the economics prize in memory of Alfred Nobel***
    (No other commentary it’s just not a *real* nobel prize)

  26. The main thing He’ll do to cause inflation bully the fed into cutting interest rates. fighting inflation is painful because the fed is basically poisoning the economy until it cools off and unemployment rises. No way Trump understands or cares. He’ll just be thinking about his real estate interest and dumb Trump stock.

  27. “The so-called Nobel prize is woke!” —Donald supporter probably

  29. Now it’s gonna be endless bitching about economics having gone woke!

    No football
    No beer
    No Wealth of Nations

    What will the hillbillies do?

  31. I’m not for the idiot, but what a crock of horse shit.

  32. His policies along with covid are what contributed the most to inflation shooting up so high. And the policies he’s promising to enact if he gets a second term will cause it to go back up to 7-8 percent at the very least. However he and the one percenters he is trying so hard to please won’t care about the price of groceries or housing.

  33. Here I thought raising tariffs would make things in Walmart cheaper🤷‍♂️. /s

  35. Over at r/conservative they just are talking about how Obama doesn’t deserve a Nobel prize 🤦‍♀️

  36. Why would wallstreet or the 0.0001% want inflation to come down, they are absolutely creaming it right now.. Let’s keep the party going they say and let’s donate to the Trump campaign. Isn’t it the candidate with the most Ad money that wins in the end?

  37. I don’t think 16 Nobel prize-winning economists agree on much, honestly.

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