US EditionInflation is a Fed failure, not a Trump tariff consequence
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Inflation is a Fed failure, not a Trump tariff consequence
Federal Reserve Chairman Jerome Powell says President Donald Trump’s planned tariffs would likely lead to higher rates of inflation. He made this claim on April 16 before an audience at the Economic Club of Chicago. This somewhat gratuitous statement must be examined in light of sound economic theory: Do tariffs actually cause inflation or not? Classic economics defines three primary sources of government funding: taxation, debt, and inflation.…
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Leaning Left0Leaning Right2Center0Last UpdatedBias Distribution100% Right
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100% Right
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