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What I really liked about the talk is how he connects different things there. The tariffs cause prices to go up because they’re a tax, and so you have economic contractions as a result. Meanwhile, the fed can’t bring rates down cause that causes inflation to go up. And deporting immigrants is leads companies to start laying off high skilled workers because their manual labor force is gone. So, all these things are working together to undermine economic fundamentals.
Another thought I had was, the tarrifs were a sales tax and not a supply chain supply issue deeper then that. Why is the fed trying to contain prices except when they exceed these tax increases. It some how does not make sense to me.
The other problem with inflation is fed has limited options and that usually means slowing the economy and the effect of that is not evenly distributed.
What I really liked about the talk is how he connects different things there. The tariffs cause prices to go up because they’re a tax, and so you have economic contractions as a result. Meanwhile, the fed can’t bring rates down cause that causes inflation to go up. And deporting immigrants is leads companies to start laying off high skilled workers because their manual labor force is gone. So, all these things are working together to undermine economic fundamentals.
Another thought I had was, the tarrifs were a sales tax and not a supply chain supply issue deeper then that. Why is the fed trying to contain prices except when they exceed these tax increases. It some how does not make sense to me.
The other problem with inflation is fed has limited options and that usually means slowing the economy and the effect of that is not evenly distributed.
none of this makes much sense to be honest, but the oligarchs have found ways to make money hand over fist in this economy and so it continues