Tariffs Dooms America to High Inflation

[Charles West]

That type of design has been around for decades. Although most of them are not as intricate

It is timeless. A beautiful fixture.

 

[Charles West]

Read into it what you want but here are the CPI numbers for the last few months with Trump at the helm. Notice a trend?

View attachment 103867

That's because the rate of inflation was minus .1% in March 2025, the true rate has been hovering around 2.9% for the last two years, better than 4.1% in 2023. The upshot is the chart is misleading if you don't understand what you are looking at. Monetary inflation is the gift that keeps on giving, no matter what.

 

[Fernando]

While its laughable to call 3% "high Inflation" since the Fed lived with 5.9% and 9% inflation for years as "transitory"and 'most' economists and the Fed are wrong most of the time, it looks like, 'other things equal' that tariffs will be a one time inflation hit and, result in more on-shore manufacturing. Tariffs probably 'tax' lower incomes more than upper income families and if Trump pulls off a $2000 'tariff' rebate check to 'everyone' lower income families would benefit more. And GDP grew at 3.8%, not 1.5%. : )

$2,000 rebate check will increase the debt. WTF.

 

[Charles West]

$2,000 rebate check will increase the debt. WTF.

We aren't borrowing money, Fern, it is from tariff income. How in heaven's name could that be considered adding to the debt? Personally, I think it is a good way to stimulate consumption, certainly better than government-directed silly projects.

 

[Fernando]

We aren't borrowing money, Fern, it is from tariff income. How in heaven's name could that be considered adding to the debt? Personally, I think it is a good way to stimulate consumption, certainly better than government-directed silly projects.

Aren't tariff income meant to cut down the debt.
Don't tell me it's to subsidize special interest groups like farmers who get a free ride.
And Giving free money will increase inflation. Everyone who took Econ class knows that.

 

[Charles West]

Aren't tariff income meant to cut down the debt.
Don't tell me it's to subsidize special interest groups like farmers who get a free ride.
And Giving free money will increase inflation. Everyone who took Econ class knows that.

Haven't people been hammered enough by Biden-era inflation? Give them a break.

 

[Fernando]

Haven't people been hammered enough by Biden-era inflation? Give them a break.

Nothing's free except subsidies to Soy farmers.
Free Covid money contributed to inflation.

 

[Fernando]

$2,000 rebate check will increase the debt. WTF.

The rich don't get the $2,000 rebate.
Why our government continue rewarding money for being poor?

 

[John Hassler]

That's because the rate of inflation was minus .1% in March 2025, the true rate has been hovering around 2.9% for the last two years, better than 4.1% in 2023. The upshot is the chart is misleading if you don't understand what you are looking at. Monetary inflation is the gift that keeps on giving, no matter what.

Those figures are purported to come from BLS, one of your trusted sources. Six months ago you were bleating it was still Biden’s economy, and to wait for Trump. Well, it’s Trump’s economy now and now you’re making excuses.

Can we at least agree inflation isn’t going down as Trump promised before the election, or do you have an excuse for that, too.

BTW, why do you think Trump is sitting on September’s employment numbers? We all know he would be releasing them if they were good regardless if the Fed was shut down, but give us your best excuse.

 

[Surf Cat]

All our furniture was replaced diring the house remodel in '16, not a stick of imported chit, all handcrafted in the good old USA. $120,000 worth.

WTF! 120k for furniture?

Hey Terrel......how many acres of land can you get over there for that?