If he keeps it up the US can become one of those countries where a loaf of bread costs $500.
When can we expect inflation to hit 9% like it did with Bidenomics?
Inflation is down
I suspect “stagflation” is a much bigger threat, and a more likely one. Trump and company have set a world record in throttling a robust and growing economy, and shrinking inflation into something nearly the opposite. And in only 90 days.
The rest of the world is doing a collective head scratching/WTF. Now we, and they sit holding the collective breaths waiting another 80 days for Trump to drop the other stinky shoe.
Doesn’t a falling dollar implicitly make our exported goods more affordable to importing countries?
I guess in some scenarios that might be a positive, but most of the thinking I’m seeing in the trade war era says otherwise. Indicates a loss of confidence. Probably well-founded.
https://www.cnbc.com/2025/04/21/us-dollar-falls-to-three-year-low-as-trumps-powell-threats-further-dent-investor-confidence.html
Let him devalue the dollar enough and piss off the rest of the world. Then invest in Vaseline or KY.
You are so worried about what everyone thinks of you. I don’t care what they think. They just see us a pocket book.
As it should be - tariffs are a tax
It’s the money printing that’s inflationary. But both tariffs and money printing are idiotic
Do you know what else is a tax? Taxes.