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Reply to "President Trump is calling for lower Fed rates "
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[quote=Anonymous][quote=Anonymous]The tariffs would ordinarily be inflationary. Right now, they are not inflationary because consumer spending is stalled, waiting. Just like every other sector of the economy. All waiting. Waiting for Trump to grow up, for Congress to put their foot down. For WWII. Anything but this. However, businesses and people cannot wait forever. Pretty soon, things will start melting down. Unless something changes.[/quote] If we keep going in this direction, I predict it will all come to a screeching crash by September when the supply chain cease to exist. Right now companies are using their stock pile that they over ordered in advance of this nightmare scenario, but that’s gonna run out. Shipping imports are already down. [/quote]
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