
Oops! Consumers finally realize that Trump could worsen inflation.
https://www.washingtonpost.com/opinions/2024/12/26/trump-tariffs-worsen-inflation/?utm_campaign=wp_todays_headlines&utm_medium=email&utm_source=newsletter&carta-url=https%3A%2F%2Fs2.washingtonpost.com%2Fcar-ln-tr%2F401fdfa%2F676e88b2c2ea5077876cd090%2F5975eaa8ae7e8a1cf4c8457b%2F21%2F54%2F676e88b2c2ea5077876cd090
by jonfla
12 comments
Hence why you’re suddenly hearing about Greenland and the Panama Canal.
What’s this we shit? I warned y’all.
Oops, WaPo realizes AFTER the election what Trump stands for.
The people who wanted Trump voted in are asset holders who profit from inflation.
Who’s ready for four more years of companies making “record profits” while everyone else can’t afford groceries?
Not surprised by the 22% spike.
We were planning for renovating our home back in October. When we found out Trump won, we essentially bought all our renovation materials upfront the next day taking advantage of black friday deals (light, plumbing fixtures, floorboards, whatnot – shoutout to Lumens) rather than spread over the next year. We weren’t the only ones to do that.
This may spur emptying out of inventories and lead to shortages once again, raised prices mixed with tariffs.
Doesn’t matter.
Hatred, envy and insecurity are a combined sickness that causes “-ists” to vote against their own best interests every single time.
Be careful what you wish for, you might get it…
Well enjoy your pain…
And just like that, higher prices are no longer a problem!
https://thehill.com/opinion/5055754-trump-tariffs-economic-distortions/amp/
Why are we being gaslighted as if inflation hasn’t been egregious the past 4 years. All of a sudden inflation is a hot topic in media because Trump is involved
I was going to rush out and get a water softener and a lawn mower because I know I’ll probably need both in the next few years. But I checked them out and the ones I want are made in the US.
I’m sure the supply chains will get more expensive but I don’t think items assembled here will face as much pressure from tariffs.
Since inflation is purely a result of over printing of paper money in a fiat system, then in order for that to happen, Trump would have to order or convince the Central Bank in the USA, thats the Federal Reserve , he would have to convince them to print more money. You never know, Biden did after all, resulting in the most inflation I have ever seen. Lets look at the Feds actual graph showing how much money they pump into the economy. Remember, the President appoints the Head of the Federal Reserve. The most massive amount of printing that has ever occured since getting off the Gold Standard happened the day Biden took office.
https://fred.stlouisfed.org/series/M1SL
My shoulder is not available for crying on…
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