• nova_ad_vitum
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    2 days ago

    Import tariffs are explicitly inflationary. Even the rhumor of them is arguably inflationary. Lowering the interest rate (which Trump is currently in the midst of bullying the Fed chair into doing ) is also explicitly inflationary.

    All of the things he has done that actually pertain to inflation have been to increase it.

    • Maggoty@lemmy.world
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      1 day ago

      Yeah, which is why this is a bad article from the BBC. The headline should be, Trump Causes Inflation.