Has inflation hurt your lifestyle? Under Trump, inflation would soar!

[Luckyone]

All the Trump supporters have been using inflation as a weapon against Biden and Harris. What they would get under a Trump administration is more inflation and an spiraling down economy.

In a Trump win, economists see revived inflation​

NEW YORK, July 25 (Reuters) - The Federal Reserve’s battle to get inflation under control likely faces fresh challenges should Donald Trump regain the White House, a dynamic that could put the U.S. central bank back in the former Republican president's crosshairs.

A wide range of economists see Trump's tariff agenda, coupled with aims to deport millions of undocumented workers and the likelihood of expanded deficits, reigniting price pressures that are now easing and likely driving the Fed to react with more restrictive monetary policy than is now penciled in.

Forecasters predict Trump's plan to impose 10%-across-the-board tariffs on imported goods - and even higher rates on Chinese products - would generate a one-time surge in inflation, while deportations would drive up wages for remaining workers, adding to the pressure.

An Oxford Economics model which looks at the likely policy stances of the candidates, for instance, predicts that under a second Trump administration an inflation measure excluding food and energy prices tracked closely by the Fed would peak between 0.3 and 0.6 percentage point above what would be expected under current appropriations law and policy.

On Bloomberg TV this morning, Jay Pelonsky said the exact same thing (inflation would soar and the economy would tank if Trump wins).

Who is Jay Pelonski?

Jay Pelosky is the founder of TPW Advisory. He has over 35 years of buy-side and sell-side financial market experience. Before going independent, Jay was at Morgan Stanley, where he was ranked #1 by Institutional Investor in Global Equity Strategy and Global Asset Allocation Strategy.

 

[theHawk]

All the Trump supporters have been using inflation as a weapon against Biden and Harris. What they would get under a Trump administration is more inflation and an spiraling down economy.


On Bloomberg TV this morning, Jay Pelonsky said the exact same thing (inflation would soar and the economy would tank if Trump wins).

Who is Jay Pelonski?

Jay Pelosky is the founder of TPW Advisory. He has over 35 years of buy-side and sell-side financial market experience. Before going independent, Jay was at Morgan Stanley, where he was ranked #1 by Institutional Investor in Global Equity Strategy and Global Asset Allocation Strategy.

In other words if Trump wins they plan to blow up the economy and blame it on him.


Besides, I thought inflation was transitory?

 

[you can't hurt ham]

Under Trump, inflation would soar!​

Okay!

 

[Nostra]

Inflation under Trump: 1.6%

 

[postman]

Inflation under Trump: 1.6%

That's because Trump drove the economy into a recession.

Inflation always drops from a recession.

 

[postman]

Inflation under Trump: 1.6%

Inflation vs. recession: What you need to know | Fidelity

Inflation and recessions are natural parts of the economic cycle, but these tips could help prep your finances to withstand financial storms.

www.fidelity.com

During a recession, economic activity slows. When consumers spend less, the demand for goods and services falls. Once that happens, prices tend to drop, slowing down inflation.

 

[Captain Caveman]

All the Trump supporters have been using inflation as a weapon against Biden and Harris. What they would get under a Trump administration is more inflation and an spiraling down economy.


On Bloomberg TV this morning, Jay Pelonsky said the exact same thing (inflation would soar and the economy would tank if Trump wins).

Who is Jay Pelonski?

Jay Pelosky is the founder of TPW Advisory. He has over 35 years of buy-side and sell-side financial market experience. Before going independent, Jay was at Morgan Stanley, where he was ranked #1 by Institutional Investor in Global Equity Strategy and Global Asset Allocation Strategy.

Incorrect, many have been condemning the high cost of living caused by high inflation. So despite inflation falling back, the prices of goods and services remain high.

 

[Luckyone]

Okay!

These are economists saying this, not seers.

Evidently, if you spend more (get rid of immigrants), raise tariffs (make things more costly) etc... it does mean inflation will go higher. No seer is needed to see that.

 

[Luckyone]

In other words if Trump wins they plan to blow up the economy and blame it on him.


Besides, I thought inflation was transitory?

They? It would be what Trump has "promised" to do that would cause inflation to rise. There is no "they" in the picture

 

[you can't hurt ham]

These are economists saying this, not seers.

Evidently, if you spend more (get rid of immigrants), raise tariffs (make things more costly) etc... it does mean inflation will go higher. No seer is needed to see that.

Ok, thanks. I amended my post.

 

[Nostra]

Inflation vs. recession: What you need to know | Fidelity

Inflation and recessions are natural parts of the economic cycle, but these tips could help prep your finances to withstand financial storms.

www.fidelity.com

During a recession, economic activity slows. When consumers spend less, the demand for goods and services falls. Once that happens, prices tend to drop, slowing down inflation.

GDP growth averaged 19.6% the last two quarters of Trump's Presidency....and inflation was 1.6%

But keep letting the lefty hacks at the NYTs tell you what to think, Simp.

 

[two_iron]

I'm fine with 20% inflation as long as shitlibs are hanging themselves on chain link fences.

That's the price of democracy.

 

[marvin martian]

All the Trump supporters have been using inflation as a weapon against Biden and Harris. What they would get under a Trump administration is more inflation and an spiraling down economy.


On Bloomberg TV this morning, Jay Pelonsky said the exact same thing (inflation would soar and the economy would tank if Trump wins).

Who is Jay Pelonski?

Jay Pelosky is the founder of TPW Advisory. He has over 35 years of buy-side and sell-side financial market experience. Before going independent, Jay was at Morgan Stanley, where he was ranked #1 by Institutional Investor in Global Equity Strategy and Global Asset Allocation Strategy.

You retards tried this in 2016. Then Biden got "elected" in 2020, and inflation hit the roof.

 

[postman]

GDP growth averaged 19.6% the last two quarters of Trump's Presidency....and inflation was 1.6%

But keep letting the lefty hacks at the NYTs tell you what to think, Simp.

Yet the vast majority of Americans are better off today, than they were four years ago.

 

[Nostra]

Yet the vast majority of Americans are better off today, than they were four years ago.

Sure.....meanwhile, over 70% of Americans say Tater and Knee Pads have the country going in the wrong direction.

Weird.

 

[Man With A Plan]

All the Trump supporters have been using inflation as a weapon against Biden and Harris. What they would get under a Trump administration is more inflation and an spiraling down economy.


On Bloomberg TV this morning, Jay Pelonsky said the exact same thing (inflation would soar and the economy would tank if Trump wins).

Who is Jay Pelonski?

Jay Pelosky is the founder of TPW Advisory. He has over 35 years of buy-side and sell-side financial market experience. Before going independent, Jay was at Morgan Stanley, where he was ranked #1 by Institutional Investor in Global Equity Strategy and Global Asset Allocation Strategy.

Remind me again what the highest rate of inflation was for Trump's ENTIRE term, Luckyone? Then tell me what the highest rate of inflation was for Biden/Harris?

We have two Presidencies to compare results on. Trump's policies worked. Biden's have not.

 

[Man With A Plan]

Yet the vast majority of Americans are better off today, than they were four years ago.

The average American has paid over $40,000 MORE over the last four years for the things they typically buy, Postman! Let that number sink in! That's $40,000!!!!!!!!!!!! You think they're "better off" under Biden/Harris? You've got to be kidding!

 

[Mac-7]

All the Trump supporters have been using inflation as a weapon against Biden and Harris. What they would get under a Trump administration is more inflation and an spiraling down economy.


On Bloomberg TV this morning, Jay Pelonsky said the exact same thing (inflation would soar and the economy would tank if Trump wins).

Who is Jay Pelonski?

Jay Pelosky is the founder of TPW Advisory. He has over 35 years of buy-side and sell-side financial market experience. Before going independent, Jay was at Morgan Stanley, where he was ranked #1 by Institutional Investor in Global Equity Strategy and Global Asset Allocation Strategy.

If trump wins china in cooperation with bill gates, obama and george soros might unleash another virus on the world

I would include Dr Fauci but I think he’s retired

 

[Thinker101]

Yet the vast majority of Americans are better off today, than they were four years ago.

Sure, say it 50 more times...and it still won't be true...moron.

 

[postman]

The average American has paid over $40,000 MORE over the last four years for the things they typically buy, Postman! Let that number sink in! That's $40,000!!!!!!!!!!!! You think they're "better off" under Biden/Harris? You've got to be kidding!

Four years ago unemployment reached 10.3%

Those people couldn't afford to pay their bills without a government bail out.

Now those 14 million are working, and not on the government dole.

They're certainly better off.