MoneRogue on Nostr: Inflation will always be the Fed's fault regardless of what anyone says. ...

Inflation will always be the Fed's fault regardless of what anyone says.

quoting
nevent1q…hznq

theblaze.com (nprofile…hfrz)
INFLATION IS A FED FAILURE, NOT A TRUMP TARIFF CONSEQUENCE


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✍️ Federal Reserve Chairman Jerome Powell warns that President Trump's planned tariffs could lead to higher inflation, but critics argue that tariffs do not inherently cause inflation and that the Fed's expansionary monetary policy is the primary driver of inflation.
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👉 Tariffs do not inherently cause inflation
👉 The Fed's expansionary monetary policy is the primary driver of inflation
👉 The national debt has ballooned to $36.3 trillion
👉 China's economic behavior demands a firm response

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#JeromePowell #DonaldTrump #MiltonFriedman #RonaldReagan #BillClinton #GeorgeW.Bush #BarackObama #JoeBiden #politics
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nevent1q…kryd