Tariffs don’t inflate the balloon, they redistribute the air. You pay more for Chinese socks, less for things that are Made in America.
Peter St Onge, Ph.D.
Peter St Onge, Ph.D.18.7. klo 19.30
We’ve seen essentially zero tariff inflation after 4 months. Jerome Powell keeps warning it's right around the corner. While Secretary Bessent claims tariffs “cannot” cause inflation. So who's right.
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