It is already happening, inflation, get ready for Trump inflation.

[Winston]

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

www.ft.com

I have been pretty busy since election day, but today I stayed home and did some research.

I posted a couple of threads during the presidential race indicating that Trump's proposals were highly inflationary, but I didn't think it would start this quickly. Let's look at some of his priorities and how they will impact inflation. Let us start with making the Trump taxcuts permanent.

That proposal alone adds one trillion dollars a year to the deficit. Just to let you know, the deficit for the 2024 budget was projected at 1.8 trillion. That is more than a fifty percent increase, think that might be inflationary? Does anyone think there will be a one trillion dollar reduction in spending? Seriously?

Outside of cutting SNAP benefits, eliminating free lunch programs for millions of indigent children, eliminating aid to Ukraine, and eliminating the Department of Education, I don't see any real proposals to cut spending. And the later, well it is going to end up costing all of us through higher property and sales taxes.

Listening to Trump on the campaign trail, well he leads you to believe that the entire budget of the Department of Education is spent on the salaries of bureaucrats. That is just not the case. The federal government accounts for over ten percent of the funding of public schools, and in low-income and rural areas it is much higher. If that is eliminated it will have to be replaced, at least to some degree. That means you are going to pay for it through higher local and state taxes.

Then there are tariffs. I mean you are living in a fantasy world if you believe what Trump says, those foreign countries will pay the cost. It just doesn't work that way, it is basic Macroeconomics. Sure, it might motivate more people to "buy American", but then again, why should we need tariffs for that? What happened to patriotism? Walmart famously tried the concept, posting American made signs beside merchandise made in America. That went over like a turd in a punchbowl and was quickly eliminated. Nobody really cared, they wanted cheap. Well, those tariffs will take "cheap" off the table.

Then there is that mass deportation. Sounds good. Russia and Germany sure bud liked the idea before and during WWII. But that comes at a cost, and it severely cuts the labor force. And sorry, some jobs Americans are not going to do no matter how much they get paid. I mean around here there is a huge immigrant labor force working the fields. They drive Hummers and F-250's, obviously they are making good money. You are looking at food shortages for everything from tomatoes to leaf lettuce. That is going to drive prices up.

But anyways, like I said, it has already started. This morning the first thing I thought of was the rating agencies. I was like, damn, they need to make a statement. Warn of a downgrade if Trump's initiatives are carried out. Well damn, they have.

https://www.reuters.com/markets/us/us-fiscal-health-risks-increase-after-trump-election-says-moodys-2024-11-08/

And mortgage rates, yep, done deal.

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe’s were also lower.

www.nbcnewyork.com

I wish, I wish, I wish I were a fish. You got it Mr. Limpet, and it ain't going to be pretty.

 

[Couchpotato]

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

www.ft.com

I have been pretty busy since election day, but today I stayed home and did some research.

I posted a couple of threads during the presidential race indicating that Trump's proposals were highly inflationary, but I didn't think it would start this quickly. Let's look at some of his priorities and how they will impact inflation. Let us start with making the Trump taxcuts permanent.

That proposal alone adds one trillion dollars a year to the deficit.

So you're already in blame the other guy mode huh? Solid.

 

[Toddsterpatriot]

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

www.ft.com

I have been pretty busy since election day, but today I stayed home and did some research.

I posted a couple of threads during the presidential race indicating that Trump's proposals were highly inflationary, but I didn't think it would start this quickly. Let's look at some of his priorities and how they will impact inflation. Let us start with making the Trump taxcuts permanent.

That proposal alone adds one trillion dollars a year to the deficit.

Let me know when you realize your WACC errors.

 

[MarathonMike]

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

www.ft.com

I have been pretty busy since election day, but today I stayed home and did some research.

I posted a couple of threads during the presidential race indicating that Trump's proposals were highly inflationary, but I didn't think it would start this quickly. Let's look at some of his priorities and how they will impact inflation. Let us start with making the Trump taxcuts permanent.

That proposal alone adds one trillion dollars a year to the deficit.

I just bought a 15 pack of KiltLifter beer for 13 bucks! Go Trump! MAGA!!!

 

[progressive hunter]

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

www.ft.com

I have been pretty busy since election day, but today I stayed home and did some research.

I posted a couple of threads during the presidential race indicating that Trump's proposals were highly inflationary, but I didn't think it would start this quickly. Let's look at some of his priorities and how they will impact inflation. Let us start with making the Trump taxcuts permanent.

That proposal alone adds one trillion dollars a year to the deficit.

OMG!!!

what does that mean??

 

[1srelluc]

I see the OP's check from the DNC cleared.

 

[JGalt]

OMG!!!

what does that mean??

It means I have a response for every "OMFGWTF!!! We're all gonna die" thread for the next four years.

 

[justoffal]

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

www.ft.com

I have been pretty busy since election day, but today I stayed home and did some research.

I posted a couple of threads during the presidential race indicating that Trump's proposals were highly inflationary, but I didn't think it would start this quickly. Let's look at some of his priorities and how they will impact inflation. Let us start with making the Trump taxcuts permanent.

That proposal alone adds one trillion dollars a year to the deficit.

No problem...end the wars and you'll get half of that back immediately.

The additional disposable income will circulate through the economy accumulating approximately 3 tiers of taxation on state and federal levels if not more.

End result will be greater revenue and fluid wealth.

 

[toobfreak]

Economists Warn Trump's Policies Will Trigger Inflation!

HEY BOZO! We ready HAVE inflation! Mutant industrial inflation up like 40% in just 4 years.
Are your 'economists' of any relation to those 500 "psychologists" who all diagnosed Trump as dangerously insane over the internet???

 

[Polishprince]

Of course leftists are going to try and destroy trumpamania.

What do you expect libs to say?

BTW, it is amusing how libs have suddenly become fiscal hawks.

 

[Toddsterpatriot]

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

www.ft.com

I have been pretty busy since election day, but today I stayed home and did some research.

I posted a couple of threads during the presidential race indicating that Trump's proposals were highly inflationary, but I didn't think it would start this quickly. Let's look at some of his priorities and how they will impact inflation. Let us start with making the Trump taxcuts permanent.

That proposal alone adds one trillion dollars a year to the deficit. Just to let you know, the deficit for the 2024 budget was projected at 1.8 trillion. That is more than a fifty percent increase, think that might be inflationary? Does anyone think there will be a one trillion dollar reduction in spending? Seriously?

Outside of cutting SNAP benefits, eliminating free lunch programs for millions of indigent children, eliminating aid to Ukraine, and eliminating the Department of Education, I don't see any real proposals to cut spending. And the later, well it is going to end up costing all of us through higher property and sales taxes.

Listening to Trump on the campaign trail, well he leads you to believe that the entire budget of the Department of Education is spent on the salaries of bureaucrats. That is just not the case. The federal government accounts for over ten percent of the funding of public schools, and in low-income and rural areas it is much higher. If that is eliminated it will have to be replaced, at least to some degree. That means you are going to pay for it through higher local and state taxes.

Then there are tariffs. I mean you are living in a fantasy world if you believe what Trump says, those foreign countries will pay the cost. It just doesn't work that way, it is basic Macroeconomics. Sure, it might motivate more people to "buy American", but then again, why should we need tariffs for that? What happened to patriotism? Walmart famously tried the concept, posting American made signs beside merchandise made in America. That went over like a turd in a punchbowl and was quickly eliminated. Nobody really cared, they wanted cheap. Well, those tariffs will take "cheap" off the table.

Then there is that mass deportation. Sounds good. Russia and Germany sure bud liked the idea before and during WWII. But that comes at a cost, and it severely cuts the labor force. And sorry, some jobs Americans are not going to do no matter how much they get paid. I mean around here there is a huge immigrant labor force working the fields. They drive Hummers and F-250's, obviously they are making good money. You are looking at food shortages for everything from tomatoes to leaf lettuce. That is going to drive prices up.

But anyways, like I said, it has already started. This morning the first thing I thought of was the rating agencies. I was like, damn, they need to make a statement. Warn of a downgrade if Trump's initiatives are carried out. Well damn, they have.

https://www.reuters.com/markets/us/us-fiscal-health-risks-increase-after-trump-election-says-moodys-2024-11-08/

And mortgage rates, yep, done deal.

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe’s were also lower.

www.nbcnewyork.com

I wish, I wish, I wish I were a fish. You got it Mr. Limpet, and it ain't going to be pretty.

What do gold futures today say about inflation expectations?

 

[justoffal]

Of course leftists are going to try and destroy trumpamania.

What do you expect libs to say?

BTW, it is amusing how libs have suddenly become fiscal hawks.

They were unseated by the grocerycrats.

 

[John Edgar Slow Horses]

Blocking the border and tariffs will jack inflation up by summer.

 

[justoffal]

View attachment 1040405

What do gold futures today say about inflation expectations?

Hmmm....looks like the dollar is getting stronger...

 

[initforme]

Inflation is perfectly acceptable when ones party, er cult is in charge. Nothing new to see here. If

 

[The Duke]

So, there hasn't been inflation for the past several years?!

OP is Special. They tells him what he knows, and that can change from day to day and even conflict.

Because it's just all bullshit.

 

[John Edgar Slow Horses]

It's at 2.1% right now, and The Duke is willing to let it go up by 10 or 20%

 

[justoffal]

Blocking the border and tariffs will jack inflation up by summer.

Don't know what you're talking about. Blocking the border is not blocking commercial traffic...
Stopping penniless immigrants from exhausting municipal budgets should help...not hurt.

 

[SassyIrishLass]

Economists warn Trump’s policies will trigger inflation

US president-elect won on claims he could rid of high prices yet many analysts think he will do the opposite

www.ft.com

I have been pretty busy since election day, but today I stayed home and did some research.

I posted a couple of threads during the presidential race indicating that Trump's proposals were highly inflationary, but I didn't think it would start this quickly. Let's look at some of his priorities and how they will impact inflation. Let us start with making the Trump taxcuts permanent.

That proposal alone adds one trillion dollars a year to the deficit. Just to let you know, the deficit for the 2024 budget was projected at 1.8 trillion. That is more than a fifty percent increase, think that might be inflationary? Does anyone think there will be a one trillion dollar reduction in spending? Seriously?

Outside of cutting SNAP benefits, eliminating free lunch programs for millions of indigent children, eliminating aid to Ukraine, and eliminating the Department of Education, I don't see any real proposals to cut spending. And the later, well it is going to end up costing all of us through higher property and sales taxes.

Listening to Trump on the campaign trail, well he leads you to believe that the entire budget of the Department of Education is spent on the salaries of bureaucrats. That is just not the case. The federal government accounts for over ten percent of the funding of public schools, and in low-income and rural areas it is much higher. If that is eliminated it will have to be replaced, at least to some degree. That means you are going to pay for it through higher local and state taxes.

Then there are tariffs. I mean you are living in a fantasy world if you believe what Trump says, those foreign countries will pay the cost. It just doesn't work that way, it is basic Macroeconomics. Sure, it might motivate more people to "buy American", but then again, why should we need tariffs for that? What happened to patriotism? Walmart famously tried the concept, posting American made signs beside merchandise made in America. That went over like a turd in a punchbowl and was quickly eliminated. Nobody really cared, they wanted cheap. Well, those tariffs will take "cheap" off the table.

Then there is that mass deportation. Sounds good. Russia and Germany sure bud liked the idea before and during WWII. But that comes at a cost, and it severely cuts the labor force. And sorry, some jobs Americans are not going to do no matter how much they get paid. I mean around here there is a huge immigrant labor force working the fields. They drive Hummers and F-250's, obviously they are making good money. You are looking at food shortages for everything from tomatoes to leaf lettuce. That is going to drive prices up.

But anyways, like I said, it has already started. This morning the first thing I thought of was the rating agencies. I was like, damn, they need to make a statement. Warn of a downgrade if Trump's initiatives are carried out. Well damn, they have.

https://www.reuters.com/markets/us/us-fiscal-health-risks-increase-after-trump-election-says-moodys-2024-11-08/

And mortgage rates, yep, done deal.

Mortgage rates surge higher on Trump victory, causing housing stocks to fall

Lennar, D.R. Horton and PulteGroup were all down Wednesday. Retailers Home Depot and Lowe’s were also lower.

www.nbcnewyork.com

I wish, I wish, I wish I were a fish. You got it Mr. Limpet, and it ain't going to be pretty.

Perhaps you haven't noticed but Biden is POTUS. If inflation is rising it's in him. Dumbass

 

[Winston]

Let me know when you realize your WACC errors.

Great, let's talk about the corporate tax cut coming down the pipe. How did that work out last time? Look, you have already demonstrated you don't know jtackshit about corporate finance, probably don't even know what a Monte Carlo demonstration is. Fine, we can move on. But surely you no the definition of a curve. It is called the Laffer curve, do you really thing the inflection point of that curve is under 25%?