“WASHINGTON (AP) — With characteristic bravado, Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.”
“Yet most mainstream economists say Trump’s policy proposals wouldn’t vanquish inflation. They’d make it worse. They warn that his plans to impose huge tariffs on imported goods, deport millions of migrant workers and demand a voice in the Federal Reserve’s interest rate policies would likely send prices surging.”
“Sixteen Nobel Prize-winning economists signed a letter in June expressing fear that Trump’s proposals would “reignite’’ inflation, which has plummeted since peaking at 9.1% in 2022 and is nearly back to the Fed’s 2% target.”
“The Nobel economists noted that they aren’t alone in sounding the alarm. Nonpartisan researchers, they said, predict that if Donald Trump successfully enacts his agenda, it will increase inflation.”
apnews.com
On the campaign trail Trump is sounding like Oprah, giving away everything instead of cars, and his tariff bullshit would make Reagan Republicans cry
But, but but, he is going to have Mexico pay for a “thirty foot high concrete reinforced Wall” so who knows what he says is true, lot of concept formation going on
“Yet most mainstream economists say Trump’s policy proposals wouldn’t vanquish inflation. They’d make it worse. They warn that his plans to impose huge tariffs on imported goods, deport millions of migrant workers and demand a voice in the Federal Reserve’s interest rate policies would likely send prices surging.”
“Sixteen Nobel Prize-winning economists signed a letter in June expressing fear that Trump’s proposals would “reignite’’ inflation, which has plummeted since peaking at 9.1% in 2022 and is nearly back to the Fed’s 2% target.”
“The Nobel economists noted that they aren’t alone in sounding the alarm. Nonpartisan researchers, they said, predict that if Donald Trump successfully enacts his agenda, it will increase inflation.”
Trump's economic plans would worsen inflation, experts say
Donald Trump has vowed that if voters return him to the White House, “inflation will vanish completely.”
apnews.com
On the campaign trail Trump is sounding like Oprah, giving away everything instead of cars, and his tariff bullshit would make Reagan Republicans cry
But, but but, he is going to have Mexico pay for a “thirty foot high concrete reinforced Wall” so who knows what he says is true, lot of concept formation going on