How Trump will defeat inflation.

[Nuthin' Fancy]

Energy prices are going up not down.

www.newsweek.com · gas-prices-soaring-trump-2029770Gas Prices Are Soaring Again Under Trump - Newsweek​

3 hours ago · Gas prices are also rising as a result of soaring oil prices. On Tuesday, oil prices reached a two-week high, with Brent futures rising $1.13 to reach $77.00 a barrel and U.S. West U.S. West Intermediate (WTI) crude rising $1.00 to $73.32.

 

[AntonToo]

This is why the American People fired the Democrats. They want the Trump economy back and they will get it.
The Democrats must be terrified of an improving Trump economy after Biden's reign of error.

Trump made same empty "cheap energy" promises in 2016 - never happened, prices kept going up until Covid Recession hit and demand collapsed along with production.

There is zero indication this time it's different.

 

[Luckyone]

This is why the American People fired the Democrats. They want the Trump economy back and they will get it.
The Democrats must be terrified of an improving Trump economy after Biden's reign of error.

Oops

Inflation increased in January, posing obstacle for Trump tariff plans​

Consumer prices rose 3% in January compared to a year ago, ticking up from the previous month and posing an obstacle for Trump administration tariff policies that many economists expect to raise some prices, government data on Wednesday showed. The inflation reading came in higher than economists had predicted.

The fresh data extends a bout of resurgent inflation that stretches back to last year. Two weeks ago, the Federal Reserve opted to hold interest rates steady in part out of concern regarding the stubborn price increases.

 

[Robert W]

Fantasy aside,

View attachment 1077652​

Where were you when Biden vastly increased Tariffs?

Biden finalizes increases to some of Trump’s China tariffs​

By Katie Lobosco, CNN
5 minute read
Updated 12:33 PM EDT, Fri September 13, 2024

 

[schmidlap]

Where were you when Biden vastly increased Tariffs?

Biden finalizes increases to some of Trump’s China tariffs​

By Katie Lobosco, CNN
5 minute read
Updated 12:33 PM EDT, Fri September 13, 2024

Attempted diversion noted. We are discussing Trump's inflationary tariff fetish.

Inflation increased in January, posing obstacle for Trump tariff plans

​

 

[kyzr]

Trump made same empty "cheap energy" promises in 2016 - never happened, prices kept going up until Covid Recession hit and demand collapsed along with production. There is zero indication this time it's different.

It takes time to open tracts of land and to issue permits, then to build pipelines and start drilling.

Even building the two new LNG terminals takes time.

A quicker way to reduce grocery prices is to reduce demand, like by cutting funding to NGOs and getting illegals to self-deport because they have no money.

Tariffs are a function of reciprocity. We will not be treated unfairly.

 

[Mac1958]

Attempted diversion noted. We are discussing Trump's inflationary tariff fetish.

Inflation increased in January, posing obstacle for Trump tariff plans

​

The economic illiterate called for lower interest rates today, the same day Trumpflation numbers came out high.

His flagrant ignorance is a danger to this country in multiple areas.

 

[Moonglow]

This is why the American People fired the Democrats. They want the Trump economy back and they will get it.
The Democrats must be terrified of an improving Trump economy after Biden's reign of error.

The oil companies like the prices and the production numbers they have no motivation to lower prices.

 

[Moonglow]

It takes time to open tracts of land and to issue permits, then to build pipelines and start drilling.

Even building the two new LNG terminals takes time.

A quicker way to reduce grocery prices is to reduce demand, like by cutting funding to NGOs and getting illegals to self-deport because they have no money.

Tariffs are a function of reciprocity. We will not be treated unfairly.

Nope, ain't gonna work because prices are up and will not go down until deflation hits and that means a depression or deep recession.

 

[John Edgar Slow Horses]

Maybe Trump can beat inflation, but today's CPI report was not hopeful, and the tariffs will increase prices.

Trump will try a reign of terror if obstructed, yes.

 

[Moonglow]

The economic illiterate called for lower interest rates today, the same day Trumpflation numbers came out high.

His flagrant ignorance is a danger to this country in multiple areas.

Trump is inflating prices by his own hand and he doesn't care he gets to eat for free.

 

[Zincwarrior]

The oil companies like the prices and the production numbers they have no motivation to lower prices.

Chevron is laying off 15% of its staff.

 

[Moonglow]

Maybe Trump can beat inflation, but today's CPI report was not hopeful, and the tariffs will increase prices.

Trump will try a reign of terror if obstructed, yes.

Surely he can brow beat everyone into playing along?

 

[Moonglow]

Chevron is laying off 15% of its staff.

Yes, they know where the orange porch monkey is headed.

 

[kyzr]

Nope, ain't gonna work because prices are up and will not go down until deflation hits and that means a depression or deep recession.

The LAW of Supply & Demand says that you are wrong.

You could be right if Congress keeps borrowing and the dollar collapses. One congressman said that if the US borrows more than $18T that is it, the dollar collapses.

 

[DonGlock26]

Trump made same empty "cheap energy" promises in 2016 - never happened, prices kept going up until Covid Recession hit and demand collapsed along with production.

There is zero indication this time it's different.

Average Gasoline Prices Under The Past Four Presidents

Gasoline prices have been especially volatile over the past 20 years. Here is how prices evolved during each of the past four presidencies.

www.forbes.com

 

[schmidlap]

The economic illiterate called for lower interest rates today, the same day Trumpflation numbers came out high.

His flagrant ignorance is a danger to this country in multiple areas.

Trump's cult mindlessly swallows whatever he spews, regardless of the consensus of knowledgeable people.

Economists Agree: Trump Is Wrong on Tariffs​

 

[kyzr]

Trump's cult mindlessly swallows whatever he spews, regardless of the consensus of knowledgeable people.

Economists Agree: Trump Is Wrong on Tariffs​

Everyone always says Trump is wrong, and then Trump is proven right.
We've seen this movie before, multiple times.
Shove it up your ass.

 

[Robert W]

Fantasy aside,

View attachment 1077652​

Where were you when Biden vastly increased Tariffs?

Attempted diversion noted. We are discussing Trump's inflationary tariff fetish.

Inflation increased in January, posing obstacle for Trump tariff plans

​

So you agree with Biden imposing tariffs against China!!!! So you are merely disingenuous.

 

[Robert W]

Trump's cult mindlessly swallows whatever he spews, regardless of the consensus of knowledgeable people.

Economists Agree: Trump Is Wrong on Tariffs​

Trump has already done far more good for the people living here than Biden ever was able to do. Biden worked against we Americans.