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posted 240 days ago by NumbaZero 240 days ago by NumbaZero +7 / -0
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– hootersmcboobies 3 points 240 days ago +3 / -0

People do misuse inflation. Inflation is strictly the expansion of the money supply via printing for fractional reserve lending.

Tariffs are not inflation, but they are a Federal Sales Tax. Remember when Biden was trying to get "unrealized gains" taxes to "tax the rich?" What's the one unrealized gain 60% of Americans have? Their house. Unrealized gains would have been a back door to federal property tax.

The tariffs are honestly pretty bad. Unless they're coupled with massive reduction in income tax (like at least $5k in returns for people earning $60k/yr individually), they're just a means of expansionism. Executive spending has gone up even with all the symbolic DOGE cuts (all the CIA stuff has just moved from USAID back to the State Department).

I think this is just a continuation of the planned demolition of the global economy. People on the right media are praising it cause Orange Man. TDS runs both ways, and the guy who staged his fake an gay assassination attempt with zero ear damage is going to dump a few billion into Israel while he moves the US to a CBDC and/or shitcoins.

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– deleted 1 point 240 days ago +1 / -0

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