How Much Control Will Trump Actually Have Over Inflation? | WSJ

[@wsj]

Republicans’ big tax challenge is fitting all their priorities in one bill: on.wsj.com/3CDspYE

[@AdrianPraljak]

"The Enduring Injustices of a Tiered Legal System-unlike the version portrayed by U.S. President-Elect Donald J. Trump and his MAGA movement, who, while loudly decrying its existence, have consistently manipulated and profited from the same systemic inequalities they claim to condemn." By Mr. Adrian Praljak, Australian and Global Lawyer and Attorney -At- Law

[@stop_lying_to_me]

It's hard work fitting all your tax cuts for billionaires into one bill.

[@bobshagit]

HE IS ALREADY MAKING IT WORSE LOL

[@jeffDwyer1]

The tarriff plan will evidently lead to high inflation, the high inflation is a significant reason why most retirees have sleepless nights. The increase in prices of everyday items puts them at risk of running out of money. As prices rise, the amount of money retirees can withdraw from their retirement savings also increases.

[@wmwoods-l4f]

The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.

[@Amberabove]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@CindyValenti]

Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@Amberabove]

Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.

[@CindyValenti]

@@Amberabove I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@junior1497]

Companies rarely lower prices after they go up. No matter the supply.

[@howardvenze9956]

When foreign made goods go up in price, American made goods also go up in price.

[@JoseMurillo-tn8gk]

That’s just not true, companies can choose to do what they want but the free market decides what people will be willing to buy. If an item is cheaper from a competitor, then people will buy from the competitor.

[@junior1497]

@@JoseMurillo-tn8gk you are correct “they choose not to lower prices”. No where did I say they aren’t allowed to put the prices they want. However, many of these same companies also get subsidies that we taxpayers pay for

[@JoseMurillo-tn8gk]

@@junior1497 Depends on which markets, but most of the time prices are decided on how the consumer makes decisions.

[@colossalberger3451]

The price is how much people are willing to pay.

[@TinaJames222]

America is currently plagued by the hydra-headed evil duo of inflation and recession. The worst part about this recession is that consumers are racking up credit card debt. In April alone, credit card debt went up 20% while rates have doubled in a year. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

[@nicolasbenson009]

The truth is that people are finally waking up to the fact that our systems are breaking down in thousands of different ways all around us. Personally, the financial market seems like the only way to go with a long-term horizon . But if you don't have that time, it's a tough market out and thus you should consider financial advisory.

[@sharonwinson-m8g]

This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.

[@tatianastarcic]

Inflation is around 6.5% here in the UK, but as we know it's definitely way more than the Government would like to admit. My plan is to earn more passive income and ride this out, can your Investment-adviser assist?

[@sharonwinson-m8g]

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

[@Vincent-j8u]

I just looked her up on the internet and found her webpage with her credentials. I wrote her an outlining my financial objectives and planned a call with her.

[@nicolasbenson009]

higher taxes = higher inflation = government subsides to quell inflation, The rising interest rate can surely control inflation, but won't prevent erosion of the eroding purchasing power of the US dollar. I have learnt my lesson this time. The banks can't be making money off my money, while inflation eats into it. I have set aside 650k to invest in the stock market now, since that keeps up with inflation, but I don't know how to get started.

[@TinaJames222]

Yeah, things may be hard right now, but I've come to realize both bear and bull market, recessions and economic boom, all provide opportunities to make high gains, I used to call bluff on folks that bragged about making a fortune from such down-markets until I happened to do so myself

[@tatianastarcic]

Keeping money in the bank is like paying banks and the Government. Here's how it works: The bank gives out your money as loan, and charge interest obviously higher than inflation rate, and then give you, the depositor, interest lower than inflation rate. That means net loss for you. That is why I prefer to invest, and on average, my advisor makes returns that always beats inflation!

[@JacobsErick-u8r]

To be honest, I've been wary of banks for a while, but I wasn't sure how to speak with an advisor first. Please let me know who your adviser is if it's okay; I need some recommendations.

[@tatianastarcic]

Finding financial advisors like Melissa Terri Swayne” who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@Vincent-j8u]

thanks for sharing this, I googled the lady you mentioned and after going through her resume, I can tell she's a pro. I wrote her and I'm waiting on her reply

[@michaelhutchings6602]

>I will lower inflation! >Increases tariffs Hmmmm

[@karlstrance7816]

i think scaling tariffs would be much better. it gives the industries time to get jobs back home to the us..

[@sefyboy7183]

@@karlstrance7816 Even if you give them time, prices of those goods will go up because labour abroad is cheaper than in America. They will also need to pay for the entire infrastructure, building, rent, hiring people etc. All of the cost is passed down and recouped through higher prices. His policies WILL make you poorer and worse off than today.

[@StephenSankojr]

The comment was too long. Trumpers have 0 attention span. They act like 4th graders, giggling if trump says a curse word😂​@@sefyboy7183

[@HVACMAN-c7v]

@@karlstrance7816trump is way too stupid to do anything right

[@cbinaiea]

​@@sefyboy7183 We survived 4 years of Bidenomics. We'll survive 4 years of a president who is pro-America.

[@technicolorsoultheory3924]

I’m starting to think average voters think inflation going down means prices go down. Prices never go down. The rate prices increase goes down.

[@lisaanderson5612]

Exactly but beyond that with Trump’s new much more severe universal tariffs-- we only risk the prices going up with worsening inflation.

[@bltsandwich567]

@@technicolorsoultheory3924 yup this. Financial literacy is in the toilet for most Americans. It's why Trump was able to tell them tarriffs will decrease prices. It's one of the most basic things you learn in an economics course.

[@Argonhubert]

@@bltsandwich567then why was Harris advocating for price controls and increased taxes/regulation. If you studied economics you would know that both Harris and Trump are a mixed bag when it comes to optimal economic policy.

[@DarkArcticTV]

@@Argonhubert not to mention her student loan forgiveness idea which would also cause inflation. lol, but nobody talks about that.

[@bltsandwich567]

@@Argonhubert she was advocating for the 1% to pay more, and that was the try to make up for the deficit Trump ran in his term. Ending tax cuts would not lead to more inflation since trickle down economics doesn't work. Companies are shown to do mainly stock buy backs when given tax breaks. Ending tax cuts is often deflationary since you reduce consumers buying power and the overall demand for goods. Most economist viewed Harris's plan has good, and would continue to help decrease inflation. Trump's economic plan was universal viewed has bad by economist because it would lead to more inflation. Comparing the 2 by calling them both a mixed bag is crazy.

[@sapphyrus]

Customers pay for the tariffs, not companies or states. I guess the American voter will learn this the hard way.

[@dpharr100]

The threat of tariffs can be used as a weapon Were you not alive during the last Trump administration

[@GlobalCitizen_y2k]

​@@dpharr100 Did you not hear of retaliatory tariffs? 🤦 US farmers sure did in Trump’s first term. Bailout of $60+ BILLION & counting, at least to those who could keep their farms. ETA: Fact that you use ‘weapon’ re: tariffs says much. Use a weapon & expect same reaction in return. Tariffs should be a bargaining chip in negotiations or to protect against predatory practices. Using them willy-nilly implies weakness.

[@KnowledgeNerd123]

Tariffs encourage domestic production and consumption

[@GlobalCitizen_y2k]

@KnowledgeNerd123 That tired mantra is so 19th/20th century 🙄 Unlike in past: - overseas shipping faster, streamlined & not as risky, - overseas communications is now instant, - takes years & millions (if not billions) for some industries to set up shop in new location. But do keeping dreaming & buying ‘easy fix’. And tax laws! Forgot abt favourable tax laws for US companies w/ overseas subsidiaries.

[@steveb796]

@@dpharr100 inflation was 3.6% cumulative in the last three years Obama’s administration. In the first three years of Trump administration it was 6.3%. Inflation began with Trump.

[@pro-libertatibus]

For some unfathomable reason, voters who have been trained to distrust experts, politicians, and government chose the lesser candidate because he makes undeliverable promises.

[@uromvictor]

😂😂😂 As usual blame the voters

[@henrytep8884]

@@uromvictorof course, who else elects the leaders?

[@cuddlepoo11]

Told idiots what they wanted to hear.

[@pro-libertatibus]

@@uromvictor For some unfathomable reason, incognizants fail to understand that voters are responsible for electoral results.

[@AlphaGeekgirl]

@@pro-libertatibus Yet... no voter voted for Elon.

[@bltsandwich567]

10% across-the-board tariffs, and deporting cheap labor will increase consumer prices. How did anyone vote for an idiot whose plan will cause even more inflation is crazy.

[@kmo20794]

KZbin is starting to ban anti-Trump comments now. I just got a warning

[@justtracy5062]

Because most Americans are too simple minded to understand economics. Take the Black and Latino men who voted for him, they think like Neanderthals. They couldn’t realize that the Trump years were fueled by Obama’s 8 years of proper management. At the same time, those Neanderthals forgot that Trump destroyed the market due to his dereliction of COVID and policies.

[@joeweaver9913]

People don't understand economics. It's all voodoo to them. They vote on their feelings because they're too dumb to understand mathematics

[@hydrocarbon82]

"I thought he'd give us cheaper guzzoline" -MAGAts in 2024

[@OroborusFMA]

The racists votes for a racist. The sexists voted for a sexist. Twenty plus percent of adults cannot read on a sixth grade level. They get their information from social media like "X" and agit-prop like Fox.

[@vickietaylor2850]

He isn’t going to do anything. He can’t fix everything and he would not know how! Just a bunch of empty promises. Wait and see.

[@korbindallas4552]

He's going to fix inflation and Canada will pay for it! He's going to fix the budget and Europe will pay for it!

[@steveb796]

Yeah- let’s replace DEI with nepotism and pay for play. BTW we were at war the entire trump term. $300 million a day spent in Afghanistan, not to mention the lives.

[@GotKimchi]

​@@Chad_Maxnever got past high school did you. You don't even understand the basics behind inflation and it's causes

[@uromvictor]

OK So Biden wasn't doing anything either 😂😂😂.

[@TheBestTru]

Still better than Biden n Harris

[@BasilFanatic]

Trump supporters will have a rude awakening when they realize Trump can’t do everything. But what am I kidding, they will still follow him no matter what. Everything is someone else’s fault.

[@JosedeJezeus]

Trump can make them believe anything. So he will just blame someone else.

[@krnpowr]

When their lives get worse, they'll blame the libs, democrats, Biden, Obama, Kamala, Hillary's emails, Hunter's lapdog, but they'll still praise trump. It's a cult.

[@Cantu1489]

What did Biden do better?

[@davemichael6994]

Projecting what others will or won't do is why your opinions are worthless. I mean, democrats have been wrong about everything for decades, but that's fine?

[@krnpowr]

@@Cantu1489 Pretty much everything.

[@steveb796]

Cumulative inflation during the last three years of Obama’s administration was 3.6%. In the first three years of Trump’s administration it was 6.3%. Inflation began with Trump.

[@chessdad182]

Trust the King of Bankruptcies. How could it go wrong?

[@michaelellringer5600]

Look at his astrological chart on Astrodienst! No earth in his chat, his feet aren't on the ground!

[@Brianuwu622]

yet hes a billionaire what about comrade kamala that lost a billion in 3 months

[@oogie493]

You really trust a drunk woman who can't handle public speaking to take charge of the government. Womp womp

[@ivanuski15]

This is not just inflation, companies are price gouging.

[@ATLmodK]

Which Trump’s opponent could have addressed. Trump never even mentioned it.

[@slyguyrob]

@@ATLmodK This. Trump ran on zero policies, except tariffs and the border (he admitted to the influence of the shut down of the bipartisan border bill). His parrots say it was a bad bill but border patrol supported it. Trump even said it would make Biden admin look good and therefore it shouldn't be passed. lol insane. his supporters are the worst people.

[@shack2800]

Once again he will inherit a strengthening economy and take all the credit for it

[@levismith7444]

Yeah because everyone’s doing so well under Biden

[@NowayTino]

@@levismith7444You can’t rate a presidents lasting economy solely off of their 4 year term….

[@DS-gt1ft]

@@levismith7444 YES they ARE! Virtually EVERY measure of the economy is doing exceedingly well. Open your eyes and look at it.

[@therealjjwatt]

didnt know bidens horrible economy was great

[@therealjjwatt]

@@DS-gt1ft ah yes because stuff like food, rent and gas is so low compared to 4 years ago, no it isnt

[@thomasAdam-j6n]

as inflation is influenced by a complex mix of domestic and global factors, and addressing it can take years of targeted policy adjustments. i assume Trump would sort inflation out after how Biden left the country economy wildly weak which affected the Stock market price making many lose their assest when he was on sit then all these inflation is a game of manipulation, It might be worth considering speaking to a financial adviser to help navigate this tricky time if not already doing so. They can provide tailored advice for your situation. Personally I’ll recommend ‘Sophie Kathryn Jones’, she’s a SEC and FINRA licensed expert.

[@tonybteacher]

Scammer..you lie

[@theGiantrider]

Yeah billionaires gonna make your eggs cheaper 😂

[@Brianuwu622]

billionaires know how to run businesses and make money, unlike comrade kamala that lost a billion in 3 months

[@teemoammo]

You don't have faith in THE PRESIDENT? He can literally control the weather, inflation is childplay to him

[@dilara4130]

I plan to retire at 62 in another country outside the US that is free, safe and very cheap with a high quality of life. I could fully just rely on only my SS if I wanted to when that times arrives but l'll also have at least one pension, a 403 (b) and a very prolific Investment account with my Stephanie Janis Stiefel my FA. Retiring comfortably in the US these days is almost impossible.

[@KarencitaSacher]

I know this lady you just mentioned. Stephanie Janis Stiefel is a portfolio manager and investment advisor. She gained recognition as an employee of neuberger berman; a renowned investor she is. Stephanie Janis Stiefel has demonstrated expertise in investment strategies and has been involved in managing portfolios and providing guidance to clients.

[@LuuzbelitoPirogovsky]

I’m planning on moving to Thailand in the next 5 years if trump’s government doesn’t do anything with the high prices of groceries and taxes What about you??

[@MafArdoleda]

Been debt free for two years thanks to Stephanie Janis Stiefel. So sad to see my friends in their 40s with car loans, mortgages and credit card debt.

[@JessieeAlmar]

Please stop gentrifying countries

[@JessieeAlmar]

How can i reach Stephanie if you don't mind me asking? Heard she’s an IA.

[@rationalistinanev]

Donny will make inflation increase a) tariffs will increase prices b) immigration sweeps will increase prices due to shortages c) tax cuts will increase inflation

[@joakos1122]

D) all of the above

[@tomconte2847]

People seem to have forget that the worth of the Dollar is based on the reliability of the country. What message electing a fraudster who believes not paying his debt the rest of the world will get? Who will lend the US money when there's a good chance of never being paid back?

[@pauloswald1153]

d) he also watts lower interest rate

[@tonysilke]

Trump's policies had been viewed by many experts as more positive for the financials sector, spurring this massive rally. It's enticing to consider purchasing some stocks, I'm contemplating investing more than $300k. Thoughts?

[@Nernst96]

It seems like there's potential, but caution is warranted. hence I will advice you get yourself a financial advisor that can provide you with entry and exit points

[@PatrickLloyd-]

I've been in touch with a financial analyst ever since I started investing. Knowing today's culture The challenge is knowing when to purchase or sell when investing in stocks, which is pretty simple. On my portfolio, which has grown over 90% in a little over a year, my advisr chooses entry and exit orders

[@PhilipDunk]

@@PatrickLloyd- Sounds interesting! Please can you leave the info of your lnvestment advsor here? I’m in dire need for one

[@PatrickLloyd-]

SOPHIE LYNN CARRABUS is her name. She is regarded as a genius in her field, She’s quite known in her field, look-her up.

[@PhilipDunk]

Thanks for sharing, I just looked her up on the web and I would say she really has an impressive background in investing. I will write her an e-mail shortly.

[@markdavis8888]

A 60% sales tax (tariff) on most of the things we buy is going to help inflation increase a lot.

[@roo_stonks]

Surely this is sarcasm or rage bait.... surely

[@GlobalCitizen_y2k]

​​@@roo_stonks Surely? Google Walmart & Lowe’s -- they reported earnings last week & released some anticipatory comments re: effects of potential tariffs.

[@reneshpanchal1889]

⁠@@roo_stonksit’s reality. No sarcasm or rage bait in sight.

[@markdavis8888]

@@roo_stonks Maybe Americans need to retake basic math.

[@patriciapage2109]

Corporate Greed is a major cause of Inflation. Look at the Profit Margins of these greedy suppliers.

[@Edsanchez09]

We make too much

[@BigBadJerryRogers]

Unless we have price caps, we're not getting lower prices back. They know people will pay so they're not going to voluntarily not take in the same amount out of the goodness of their hearts or something

[@GlobalCitizen_y2k]

​​@@BigBadJerryRogers Yes 👍 Prices, especially necessities like groceries, rarely go down outside of recession, etc. I’m surprised anew that prolific American consumers don’t know this basic fact of life.

[@GlobalCitizen_y2k]

Record profits during COVID years when so many consumers were squeezed were definitely interesting 🤔

[@steveb796]

Cal- Maine Foods is America’s largest egg producer. In 2022 their net income margin was 7.5%. It is currently 16%.

[@deek1081]

As if the American mind can comprehend this

[@JosedeJezeus]

America, an obese nation, demands cheap food NOW! We are good addicts! Don’t get in the way of our food addiction!!!

[@hydrocarbon82]

That's room temp IQ for ya lol

[@sharkusvelarde]

They sure can't

[@slyguyrob]

Im from the US and can tell you people who support him lack critically thinking and lack the ability to have logical dialogue and conservation about most concepts. They just yell their slogan like sheep.

[@Freestyle80]

@@slyguyrob we have people like that here too but they are the minority now lol

[@XxXenosxX]

This moron is going to put the final nail in the coffin of the regular American

[@Jath2112]

I can't wait to see who some people are going to pick to blame. ... Somehow I don't think a lot of certain folks are going to even realize what is happening. There's going to be a lot of really strange behavior coming.

[@JV-ir3zw]

Voters voted for higher Inflation and higher prices and they'll get them who will they blame?? Biden? Obama? Reagan? Bush? Or maybe even George Washington??

[@Bat_Boy]

If you think Republicans care about the common man...think again.

[@steveb796]

Cal- Maine Foods is America’s largest egg producer. In 2022 their net profit margin was 7.5%. It is currently 16%.

[@markplatt8357]

The history of Republican Presidents presiding over stock market crashes, e.g. Hoover 1929, Nixon 1973, Reagan 1987, Bush Sr.1990, Bush Jr. 2008, Trump 2020.

[@josephtpg2205]

Tarrifs are inflation. Get ready to pay more for your coffee

[@Drunken_Master]

Can't wait to see consumer prices double this time next year :)

[@kellypaws]

Reading the comments from Trump supporters truly brings it home to me what the problem is for America. America isn’t going to slide from economic primacy because of political will, it will slide from it’s position as the strongest economy because a narrow majority of Americans absolutely can’t understand a solitary thing about economics. Nothing at all. Truly not one thing. They understand only that someone quite charismatic and shouty has convinced them to believe a story - based on absolutely nothing.

[@user-tr1zj]

he certainly has control over making inflation much much worse with tariffs, a.k.a. import taxes

[@jakelamotta7904]

Lowering interest rates doesn’t make housing affordable it makes money affordable. But at what cost

[@patthonsirilim5739]

quite alot deregulate drill baby drill and cut tax and you will see inflation go down real quick.

[@NicholasBall130]

When the dollar weakens, it often signals economic challenges ahead. I'm thinking about how to safeguard my savings from inflation. Recently, Bitcoin has been in the spotlight, especially with the approval of Bitcoin ETFs and Trump’s win in the election-many predict it could soar beyond $100k. I’ve saved up $300k and am considering investing now, but I can’t help but wonder: is it too late to maximize returns?

[@StocksWolf752]

Just because there are opportunities in the market doesn’t mean you should go in blindly. To understand the potential factors that contribute to your financial growth, I'll advise you to seek the help of a professional.

[@StacieBMui]

The best course of action if you lack market knowledge is to ask a consultant or investing coach for guidance or assistance. Speaking with a consultant helped me stay afloat in the market and grow my portfolio to about 65% since January, even though I know it sounds obvious or generic. I believe that is the most effective way to enter the business at the moment.

[@cowell621]

I really want to get in with a financial advisor this year, especially as all markets are hitting highs. I don't want to be too optimistic and end up losing everything.

[@StacieBMui]

Rebecca Nassar Dunne has always been on the top of my list..She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend you look her up if you want excellent collaboration.

[@grego6278]

She appears to be well-educated and well-read. I ran a Google search on her name and came across her website; thank you for sharing.

[@ibk9987]

Increasing TARIFFS on CHINESE products will contribute to higher INFLATION. Even if products are entirely made in the USA, it will not necessarily LOWER their PRICES. The USA and CHINA should strive to balance TRADE through constructive DIALOGUE.

[@j.503]

It will likely be much harder for him to reduce inflation because he played a major role in causing it. His poor handling of the COVID-19 pandemic disrupted global supply chains, and his 2020 oil agreement with OPEC+ significantly increased oil prices for two years, which in turn drove up overall prices.

[@snowrose101]

The Fed's goal was 2% inflation. Our inflation over the last 16 months was between 2.3 and 2.5 percent. They were doing pretty good!

[@techcafe0]

the problem is not inflation, per se. western economists all agree, a little inflation (around 2 or 3%) is a good thing, as it provides enough of a buffer to prevent a deflationary spiral; because deflation is much, much harder to recover from. the main problem is that people's incomes have not kept pace with rising inflation, over many years… while America's billionaire class, the top one percent, own and hoard much of America's wealth. And Donald Trump's odious regime will make the grasping super-rich oligarchs/plutocrats even richer, while lower-income Americans will suffer a most cruel austerity. If you're not a billionaire, and you voted for Donald Trump, then you voted against your own best interests. Now get ready for the find out part of FAFO.

[@henrytep8884]

@@Chad_Maxthe data states between 2019 and 2022, so does Biden get credit for shrinking the wealth gap? Also there’s a pre pandemic and post pandemic world. Lastly most of the gains from Trump tax cut went to the wealthy in the form of stock buyback which just boosted the top 1% asset, it did nothing to reduce the wealth gap. The blimp only existed because the market went down temporarily due to Covid. Lastly you just made up the stats for the bottom 1% moving to the top 10% with virtually no barrier. There’s plenty of barriers from the start, spawn point and socioeconomic conditions play a huge factor in moving from one strata to the other. You’re peddling so much pseudoscience it’s insane. If a recession happens under trump you going to blame Biden?

[@RAakaCHI-191]

​@@Chad_MaxTrump policies actually help widen the gap between the rich and the poor. It's facts. The Stock Market hit record highs almost every other month until the Pandemic. Everybody knows wealthier people invest in the Stock Market while the poor lives paycheck to paycheck.

[@MsCriticalthinker201]

@@Chad_Max Here's another bit of history you may consider. Sine the 1930s the US economy under Democratic administrations has outperformed the economy under Republican administrations by almost two to one. Every. F-ing. Time.

[@pokalorentz9363]

No mention of drilling more oil to lower the cost of energy and thus lower inflation?

[@karenkoe7096]

YOU do know we are producing more crude than ever? Not to mention that oil is sold on the world market and does not stay in the US. I imagine we are also probably refining at capacity. More drilling is not going to solve much.

[@mdog6726]

One thing we do know is inflation was not “transitory”.

[@CannabisTechLife]

People in the comments not understanding inflation going down != prices going down. SMH

[@ClackerJack]

Did you mean to type something other than “!” before the equal sign?

[@alexmiret5227]

No inflation going down means the rate of inflation is slowing. Disinflation is when prices go down. Disinflation is worse than inflation.

[@lucassilvas1]

@@ClackerJack that means "not equal" in most programming languages

[@fishjohn014]

​@@alexmiret5227that's a myth based on the false notion that consumers will cease purchasing in anticipation of lower prices in the future. This has been disproven repeatedly in the technology sector.

[@ClackerJack]

@@lucassilvas1 thanks

[@Themooman29]

People don’t realize that covid buying habits people developed is the reason why we had aggressive inflation for 1-2 years. Everyone was okay and willing to overpay, horde, and get things quicker. All inflation after that was about business only catering to those people.

[@nategate6120]

This comment explains that you have zero understanding of what inflation is.

[@Themooman29]

@ lololol you doubt consumer spending habits have on inflation?

[@TheDarkrebel131]

If inflation increases we NOW WE KNOW WHO TO BLAME 😭

[@bangbangyt1641]

China

[@clint3868]

Trust me, republicans will just blame the federal reserve or the democrats. They always do

[@Xaero324]

Let's go Brandon 😅

[@TheDarkrebel131]

@ for 2020-2024 I agree, but now it’s trump turn, let’s roll the dice and see

[@stop_lying_to_me]

During Donald Trump's presidency, the inflation rate rose 7.75%. 4 of the top 5 states with the highest inflation rate? The Republican-led states of Florida, Tennessee, South Carolina, and Alabama.

[@philip2205]

A 7.75% increase on a 2% inflation rate gives an inflation rate of 2,155%.

[@xrizzx]

7.75% over 4 years is pretty good. The average YOY inflation of Trump was under 2% , Biden’s was 5%. It’s easy to throw out a 7.5% inflation and say look at that number that’s really bad until you understand what it means.

[@jstins]

@@philip2205you mean 2.15%. You can thank Obama for setting the table for that.

[@interpol9871]

Get ready for hyperinflation

[@kmo20794]

Answer: he will increase inflation with universal tariffs and mass deportations

[@vwrvwerwvwv]

ZERO, that's how much.

[@danfirestarter]

All I’m saying is I’m not going out quietly while companies step over me to afford their mansions while I can’t afford to live. They will feel what I feel

[@joeweaver9913]

He can kill inflation by cutting government spending and sending the economy into a recession

[@FullLengthInterstates]

putting rfk in charge of health will also help to remove demand from the market

[@michaelellringer5600]

I lived thru 10 years of inflation in the 70's and what brought inflation to a dead stop: an economic recession.

[@r.garcia8768]

How much can a President or a presidential candidate do to address inflation? without funding in the budget not much. Trump told Johnson to kill the funding bill. 😢 voters and nonvoters were the losers.

[@MrMz4eva]

Dont worry woke folks, the drilling will start and once liquid gold is there in abundance, prices across the board will go down

[@tdubber78]

Funny how I did see these videos by WSJ before the election.

[@chriskelly6559]

As with most everything, Trump has no understanding of economics.

[@suntzu94]

And Harris did? 😂😂😂😂 her campaign is 20 million in debt

[@krnpowr]

@@suntzu94 I don't know where you're getting your numbers. Probably QAnon. Because Harris' campaign has no debt.

[@timc7312]

trump is the best at bankruptcy

[@Cantu1489]

When your a built billionaire of of real estate, then talk.

[@FiniteResources7734]

@@Cantu1489inheriting wealth and committing fraud are not business plans most people can follow.

[@GeorgeOzier-gr5zq]

His tariffs will definitely reignite inflation.

[@robertgreen9019]

Funny how corporate profits and executive wages never get mentioned.

[@KathyIngram-iz5kl]

Is still high it need to go down grocery 1:11 gas, food low income and senior needbit

[@krnpowr]

Speak English much?

[@chriswalker6389]

I wish you could sue president's for making false promises.

[@michaelmyers5782]

People will get what they voted for

[@MAchannel2024]

That’s why trump says I love the uneducated Morons vote trump 5:55

[@bobmarshall6688]

The perfect storm. Decrease supply with tariffs and decrease demand with people living paycheck to paycheck. It makes American goods more competitive by making things more expensive.

[@jonfettig9126]

Who believes the Republican's conman cares about tweets about your life. Think conman

[@williamwoolcock]

What about greed?

[@lakeguy65616]

The President doesn't control interest rates. The Fed can influence short-term rates. But the President (& Congress) have a great deal of control over discretionary spending. Meaningful reductions in discretionary spending will absolutely have a positive effect on reducing inflation. One of the reasons the Fed has taken so long to bring inflation to heal is that while the Fed was reducing demand by raising the Fed Funds rate, the administration was stimulating the economy in hopes of influencing the election.

[@rayanbas405]

trump will cut taxes

[@lakeguy65616]

@@rayanbas405 how will cutting taxes reduce the inflation rate? (answer: it won't. Cutting taxes will stimulate demand)

[@rayanbas405]

@@lakeguy65616 Not always. Companies can reduce prices to gain market shares

[@lakeguy65616]

@@rayanbas405 how do equate the government reducing the tax rates with companies reducing their prices?

[@rayanbas405]

@@lakeguy65616 If you reduce taxes in some sectors, you can have an increase in production and competition with more companies willing to produce due to the prospect of better profits. In the energy sector, it could be a deal between major companies and the governement. We cut the taxes and you cut your overprofit margins

[@AndreaDoesYoga]

Interesting perspective, let's see what unfolds 🧐

[@DanielJ.Baker001]

Women who take their finances seriously aren't just changing their lives-they're setting an example for generations to come!💪💸I am incredibly grateful that I began investing. After facing so many challenges, I now own a new house and receive $155,000 each month. God has stayed true to His promises, and my family is happy once again. Everything is finally coming together. God bless America! 🇺🇸

[@PatriceJosey]

How do you make so much in a month?mind sharing?

[@DanielJ.Baker001]

Thanks to Jennifer Lea Jenson.

[@DanielJ.Baker001]

Her top notch guidance and expertise on digital market changed the game for me

[@Kai-p2g]

@@DanielJ.Baker001 How do I get connection to this woman you speak about!!?

[@DanielJ.Baker001]

Just research the name. You'd find necessary details to work with a correspondence to set up an appointment.

[@Artist_Kevin]

I'll take "dumbest question of the week" for $500

[@hydrocarbon82]

Inflation was down to 2.6% by the end of October, there's not much to be eeked out of that. However when we measure inflation by cost of goods...we're going to see a good 10-25% increase due to tarrifs. Thanks, MAGAts.

[@gsdblack1]

Tell companies to lower their prices and give them tax cuts on the back end to cover their margins.

[@sanjivat]

Zero

[@Slingbld]

Stop government spending. Stop over printing money. Cut taxes. End of inflation.

[@great-garden-watch]

Im waiting for the announcement of the gold muskwagon

[@ab3040]

MAAA Make America Affordable Again😂

[@JosedeJezeus]

lol!

[@huntstyle]

MAAA! The meatloaf!

[@haloforgeguy453]

Enemy within headline here

[@JimmyHooves]

It’d be nice if the pro economy party were actually experts on economy but I guess that’s asking for too much

[@vpiele9631]

If he's cutting corporate tax, then prices should go down. If not, they shouldn't get that incentive.

[@zman-ru3yf]

At least he is going to make some real changes

[@beerman204]

Inflation .. price increases the consumer takes on their shoulders after those up the financial chain raise prices to make sure THEY don't suffer.

[@MikeSavage-i9r]

'Democracy is the theory that the common people know what they want, and deserve to get it good and hard." HL Mencken

[@misterfunnybones]

He left out the greed based inflation where corporate tax cuts are used to buy back stock & keep stock price high as price levels continue to increase because demand stays constant. Csuite compensation is tied to stock price resulting in greater divide between wealthy & poor. Trump added 8 trillion to the debt after the 2017 tax cuts, but don't worry, the c suite execs & stock prices are doing fine. Socialize losses & privatise profits.

[@kelleysmith7345]

No. It’s controlled right now. Tariffs guarantee inflation will rise.

[@Tan92lfc]

buyer's remorse for MAGA voters

[@johnbarton4101]

bUt wOmEn’S RiGhTs 😂

[@phoenix5054]

​@@johnbarton4101Imagine thinking women's rights is a joke.

[@johnbarton4101]

@@phoenix5054 cry louder

[@patriciapage2109]

Bet you're a very lonely little man aren't you 😅​@@johnbarton4101

[@billy.9481]

@@johnbarton4101 its cool, keep saying things like that. maybe andrew tate will give you a little kiss on the cheek for being such a good boy

[@DS-gt1ft]

What inflation??? It stands now just over 2% which is considered ideal.

[@CATANOVA]

Given enough time, the truth will always present its self.

[@LaurenMacKellar-x5d]

Everything is easy for Trump. Just ask him or any of his MAGA followers.

[@HVACMAN-c7v]

fMAGA FDJT

[@Cardinal03]

Get out of your echo chamber

[@HVACMAN-c7v]

@ sure 👍

[@Enolagay8545]

So if they raise prices (tariffs) so that they are more expensive then US goods, then US manufactures will then raise their prices to match. In summary, you all get to pay more, LOL.

[@joshnashofficial]

He said “make it,” not “institute” or “enforce,” so I suppose that’s a positive sign.

[@jbranche8024]

So he should tell every state you need to cut 2% of your spending and let the State figure out what to cut. Why mention bases, or programs? Let the states figure that out. Still can't find the answer "Where does money from Tariffs go" No one knows, seems to be a money black hole. No transparency at all on Where Tariff money goes.

[@AnaRap326]

Country is in dangerous hands

[@SMC4117]

Well, last time around it was as low as 1.4% soooooooo?

[@nevilletaylor9761]

If they wanted lower prices they have hired the wrong guy. Tariffs on imports, including oil and gas, plus government deficits to finance tax cuts = higher prices for both imported goods and those produced domestically and higher interest rates on borrowed money will ramp up inflation.

[@benjaminlehman3221]

1:55 fun fact the 2% goal is arbitrary. A man in the fed saw a Swiss bank I believe report their goal was 2% so he copied. It could easily be 1% or 3%

[@jb24001]

Yes he can and yes he will.

[@reiki2165]

You know what you should make affordable? Our crazy healthcare costs.

[@ATLmodK]

My God even without tariffs that would make inflation skyrocket, cutting Billionaires’ taxes again will increase the cost of any government expenditure. As we know, he was very upset that the fed kept interest rates up, yet it has kept inflation from going up higher.

[@Ace1000ks]

Tariffs will help in lowering prices. Sure..... I'll buy that for a dollar.

[@sergeyermolenko8605]

Mises, Hayek, Rothbard. These people from both sides don't listen You.

[@LuckieChuckie66]

Who is going to compare record corporate profits against inflation numbers?