I think the point of it all is that cutting the deficits and controlling spending is far more difficult than raising a tariff or taxes. I think that the politicians have worse self-control than your average toddler. I think they are like kids in a candy shop, using other people’s money for anything that strikes their fancy. Disgusting!!

Rothbardian_fanatic

Stacker_Stocks

Markets Need More than Rate Cuts to Recover

very good article

controlling inflation is more important than tariffs

I said to a friend the other day, if tariffs are inflationary, why can't the same be said for sales tax?

Cutting spending is also more important than tariffs.  One benefit to less spending is lower yield on 10 year treasury bond

update: the Fed made a mistake by calling inflation 'transitory' in 2021 and 22.  Monetary policy was too loose in 2020 and 21.

