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Comment by UncleOxidant

14 hours ago

This president single-handedly raised tariffs on goods from all over the world.

High inflation and large debt preceded the tariffs. That said, the tariffs didn’t help either. That’s why I said largely

Ultimately the president is enabled or constrained by laws enacted by congress

Yes. It is a tax. He raised a tax.

You might argue it is inflationary.

  • By that logic, interest rate hikes should be inflationary.

    It is highly unusual to argue that taxation is inflationary since the whole point of inflation is to reduce demand.