By Free Republic | Created at 2024-11-25 18:58:41 | Updated at 2024-11-27 10:47:23
1 day ago
Inflation will keep falling next year despite fears of prices spiking under Trump, veteran economist Steve Hanke says
MSN ^ | 25 November 2024 | Filip De Mott
Posted on 11/25/2024 10:24:04 AM PST by Alas Babylon!
Top economist Steve Hanke said that it's "nonsense" to think Trump's policies will spur inflation.
Instead, inflation will depend on the Fed and the money supply, which has contracted since 2022. Inflation will fall below the Fed's 2% target in 2025, he predicted.
As Donald Trump's second term approaches, his policy proposals have triggered concern that inflation will see a resurgence in the coming years, but those fears are unwarranted, according to one economist.
(Excerpt) Read more at msn.com ...
TOPICS: Business/Economy; News/Current Events; Politics/Elections
KEYWORDS: economy; inflation; trump
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Besides the DNCMedia, who is saying Trump will spike prices? Trump will lower prices! The Fed will be run by Trump, and that will in itself be anti-inflationary. Less to do with the past and Biden and more to do with what is to come--but a pro-Business president is better than the anti-Business president he's succeeding.
To: Alas Babylon!
Every leftist drone. They all claim his tariffs (ones that have existed since his last administration) will cause all prices to go up.
when you tell them those are already in place and have been since his last administration they call you all the names.
2 posted on 11/25/2024 10:26:08 AM PST by cableguymn (They don't want peace they want skeletons )
To: Alas Babylon!
I see a lot of people who say that tariffs will make everything cost 10 times more. Idiots.
3 posted on 11/25/2024 10:26:22 AM PST by ClearCase_guy (My decisions about people are based almost entirely on skin color. I learned this from Democrats.)
To: All
Inflation may see a surge. Or it may not. Absolutely no one knows. Many will predict. Half will be right. That half will not have superior judgment.
4 posted on 11/25/2024 10:29:46 AM PST by Owen
To: Alas Babylon!
Gonna need an ocean of butthurt lotion
5 posted on 11/25/2024 10:40:01 AM PST by bigbob (Yes. We ARE going back!)
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