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Whether the Interest Rate Rises or Falls, Inflation Is Here to Staylibertarianinstitute.org/articles/whether-the-interest-rate-rises-or-falls-inflation-is-here-to-stay/?mc_cid=52cbcdec1d
325 sats \ 7 comments \ @Undisciplined 22 Nov econ
Trump is back. Will he have an impact on prices? Joseph Solis-Mullen on what we can expect on Trump's second term.
"However, this cutting cycle, anticipated by reacceleration of money supply growth starting in January 2024, coupled with broader economic dynamics, has coincided with a reacceleration of price levels, raising questions about the durability of the Fed’s “victory,” particularly in conjunction with some of the economic policies being floated by Donald Trump for his second term that could lead to massive upward pressures on prices."
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19 sats \ 6 replies \ @Satosora 22 Nov
"Indeed, recent data suggests the price level is inching back up." This is the issue though, is it really trumps fault, or are all the bills coming due from bidens administration?
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20 sats \ 5 replies \ @Undisciplined OP 22 Nov
The bills are also still coming due from Trump round 1.
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19 sats \ 4 replies \ @Satosora 22 Nov
Is it coming due from trump round 1 or biden round 1? They both did some careless things during their term.
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20 sats \ 3 replies \ @Undisciplined OP 22 Nov
Yes
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24 sats \ 2 replies \ @Satosora 22 Nov
And now I feel biden is doing a bunch of stuff to salt the battlefield.
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20 sats \ 1 reply \ @Undisciplined OP 22 Nov
Yes, that's standard operating procedure.
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17 sats \ 0 replies \ @Satosora 22 Nov
It may be the SOP, but people need to grow above their ego. Its just hurting the USA.
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