Federal Reserve Chair Jerome Powell on tariffs and inflation: "What we learned particularly in April was that sustainably larger tariffs were coming and that that would mean higher inflation." As usual, Powell is WRONG. INFLATION IS SOLELY A MONETARY PHENOMENON.

Even if you use all caps, it doesn change that goods and services becoming more expensive=inflation.

Steve......you are obviously not stupid so I assume you are playing politics and expect everyone reading your post to be stupid. You are trying to confuse the issue. You are an educated man, so I assume you know what "cause and effect" means. While inflation is solely a "monetary

Is he playing politics professor?

Maybe you should buy an elementary school dictionary. Higher price = inflation to the buyer. Why do some continue to try and fool the people.

dear sir, do uou think there is no cost inflation is caused by higher tariffs?

Everyone is wrong, only your calculations are correct, right? I think you have forgotten how the world works because of your calculations.

Wild take Hanke. How would business sentiment and investment expectations not be factors? Along with many other “appetite” measures and futures activity

FED, and any other central banks, should be demolished. Bunch of retards ruin countries for nearly 10 decades.

This guy does awesome analysis.👍 @FordA_ntony972