Thursday, February 13, 2025

Trumponomics and Rising Inflation

 https://www.wsj.com/opinion/donald-trump-inflation-interest-rates-prices-tariffs-federal-reserve-jerome-powell-af0c4d66?mod=hp_opin_pos_0

Does President Trump understand money? Not money as in cash, but the supply of money, the price of money as measured by interest rates, and their impact on inflation? The answer would appear to be no after Mr. Trump called for lower interest rates on Wednesday—the same day the Labor Department reported an increase in inflation for the third straight month.

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2 comments :

  1. MiMedinat HaYamFebruary 14, 2025 at 2:37 AM

    The President has other interests than macroeconomics.

    ReplyDelete
    Replies
    1. Daas TorahFebruary 15, 2025 at 7:29 PM

      Yes as he has other interests than the Constitution and the well being of Americans

      Delete

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