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Comprehensive Fed Study Finds Tariffs Lower Inflation, Raise Unemployment
- allears 11mo agoIt's hard to trust any data from the feds right now.
- DaveZale 11mo agothey want to keep their jobs?
- DaveZale 11mo agoPiled higher and Deeper? Those who have been buying food at supermarkets likely strongly disagree lately. Demand at food banks is 3x higher locally this year. So where is the Q&A section for PhD Fed economists?
- taylodl 11mo agoThey’re referring to the demand shock effect: tariffs raise prices on imports, which suppresses overall demand and reduces aggregate spending. Since inflation measures the general price level, weaker demand can offset cost-push effects, producing lower inflation readings. Technically correct - but highly counterintuitive and easy to spin. The average American struggles with fractions and percentages - especially per capita statistics - so they know they won't understand this.
- DaveZale 11mo agoYes. Popular opinion is not above the "knee jerk reaction" we get at the doctor's office (does anyone alive, not paralyzed, ever fail that test?) ... but in this case, the "gut feeling" is also hunger for many who make less than six figures.
- marysminefnuf 11mo agoI am a business graduate and a teacher. If the government begins to say the opposite of what my degree taught me i begin to wonder if the government demands education companies rewrite textbooks to reflect their incompetence. Tariffs create inflation and unemployment in most scenarios. that is day 1 stuff.