During 1992–2020, the USA had low and stable #inflation.
Despite massive federal deficit spending, the Fed met its 2% inflation target (or missed below it) for most of this era.
How come? There were no serious shortage of resources. (Thanks to: no cold war, globalization, bad working conditions, stable commodity supply, increase of greenhouse effect.)
#money #deficit #debt #interestRates #yields #price #pricing #prices #value #markup #economy #economics #economics101 #MMT #CPI #commodities
IF A FOREIGN CORPORATION HAS THE OPTION of moving to the U.S. and paying higher wages just to sell in the U.S. for less money...
vs.
Just moving their manufacturing to someplace with extremely cheap labor to offset the #tariff, which do you think they will do? #TooStupidToBePresident #DisasterPresidency #DonnieDumbass #Economics101
(Between the time I found the following link & the time I posted it, the #DOW fell from -1,000 to -1,300.)
https://www.cnbc.com/2025/04/03/stock-market-today-live-updates.html
The Truth About Tariffs: Why You’re the One Paying the Price!
#Tariffs #Economics101 #Inflation #ConsumerCosts #TradeWars,
Unfortunately, some voters believed Trump’s promise to lower prices, but how? His tariffs will raise costs.
If Biden couldn’t magically cut prices, how can Trump? His claims are smoke and mirrors, not solutions.
Surprise, surprise! Trump now says lowering grocery prices is "very hard." Who could've guessed that wildly unrealistic campaign promises wouldn't pan out? Maybe next time he'll promise to control the weather too. 🙄 #PromisesBroken #Economics101
Down to earth explanation of tariffs and why they don't work, for anyone who still doesn't get it.
https://www.youtube.com/watch?v=cpqXHKKpGuI
And maybe send these small business owners a copy of Henry Hazlitt's "Economics in One Lesson".
#economics #Economics101 #Econ101 #HenryHazlitt #OneLesson #ForDummies
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