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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: sylvester80 who wrote (1552340)8/14/2025 9:02:50 AM
From: Fiscally Conservative4 Recommendations

Recommended By
Goose94
pocotrader
sylvester80
Tenchusatsu

  Read Replies (1) | Respond to of 1570917
 
Yup, Inflation will not abate with Trump Tariffs. This will only get worse.
Rate Cuts they say ? Lol...



To: sylvester80 who wrote (1552340)8/14/2025 1:35:37 PM
From: Tenchusatsu3 Recommendations

Recommended By
Fiscally Conservative
pocotrader
sylvester80

  Read Replies (1) | Respond to of 1570917
 
Sly,
US PRODUCER PRICES RISE BY MOST IN THREE YEARS
Trump raises tariffs on copper, steel, and aluminum to 50% in order to encourage domestic production of these key commodities.

Manufacturing costs rise as a result, because you know, his corrupt-ass "tech bros" haven't yet figured out a way to create new steel mills, copper plants, and aluminum production centers at the push of a button.

So to counteract the rise in costs, Trump wants Powell to lower interest rates, and he'll use the power of the corrupt-ass DOJ to try and force Powell to do his bidding.

Borrowing rises, debt rises, more money circulates through the economy, all chasing after goods that are in short supply and becoming more expensive thanks again to Trump's tariffs.

Result will be inflation.

"But but that's FAKE NEWS FAKE NEWS FAKE NEWS," cry the MAGA snowflakes, because inflation hasn't spiked up yet.

The problem is that inflation is a lagging indicator. Look at the 2020 pandemic, for example. Supply chains froze, but people still need essential goods in order to live and work (either from home or in their "essential services" occupations). There was already a huge imbalance in supply and demand, yet inflation remained under 2% for all of 2020. It wasn't until 2021 and 2022, when the world was trying to get out of the lockdowns, when inflation started spiking up.

Trump's tariffs will have a similar effect, except there will be no pandemic to blame. Just Trump's chaotic meddling in the global economy, all for his bloated-ass ego.

Tenchusatsu



To: sylvester80 who wrote (1552340)8/14/2025 1:35:38 PM
From: Broken_Clock2 Recommendations

Recommended By
locogringo
longz

  Read Replies (2) | Respond to of 1570917
 
Just in...Sylvester understands very little

"Chicago Fed president Austan Goolsbee cautioned Wednesday that if there are more inflation reports that show prices for services are rising, like the CPI report earlier this week, that would be concerning.


"Services are not tied to the tariffs," he said. "Everyone is hoping that's just a blip. There's noise in the data. If you start to get multiple months where the components suggest that the impact of tariff inflation is not staying in its lane, that would be more of a concern.”