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Trump Tariffs = Biden’s “IRA” = Inflation.
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turbo diesal
Posted 4/2/2025 23:46 (#11172650 - in reply to #11172630)
Subject: RE: Trump Tariffs = Biden’s “IRA” = Inflation.


You are not wrong about if being inflationary meaning it will increase prices. Its a huge personal annoyance to me that inflationary can mean anything outside of a changing money supply or availably. Tariffs are a tax that can increase prices if domestic production doesn't step in.

True inflation is only related to money supply. You likely know what I'm talking about but the term is thrown around so loosely a large percentage of people don't even realize that the main reason prices go up on average every year is more dollars chasing fewer goods because of a loose monetary policy.

Edited by turbo diesal 4/2/2025 23:47
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