The real inflation threat isn’t tariffs. It is federal spending and $2 trillion deficits.
Peter St Onge, Ph.D.
Peter St Onge, Ph.D.21.7. klo 19.30
The tariff inflation tsunami finally hit and it was a damp sock at 0.1%. Media celebrated because what else were they going to do. The much bigger issue is inflationary federal spending: An easy $9b DOGE cut to USAID and NPR just needed JD Vance to break the tie.
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