I prefer to think of them as inflationary and deflationary impulses. These are forces and moments that move through an economy and the overall expression of inflation or deflation, and even economic expansion and contraction, is the resolution of all of these forces.
These impulses have the potential to be politically beneficial to Presid…
I prefer to think of them as inflationary and deflationary impulses. These are forces and moments that move through an economy and the overall expression of inflation or deflation, and even economic expansion and contraction, is the resolution of all of these forces.
These impulses have the potential to be politically beneficial to President Trump, as they will blunt some of the immediate consequences of the punitive tariffs with China.
As the trade war plays out, and as tariff negotiations with the EU proceed, we'll see other impulses that will also have to be incorporated.
It's going to be an interesting exercise looking into the crystal ball to see what's next for the economy. Trump has injected a number of new impulses into the economy and it's going to take a few months to see how they are going to impact the economy.
I prefer to think of them as inflationary and deflationary impulses. These are forces and moments that move through an economy and the overall expression of inflation or deflation, and even economic expansion and contraction, is the resolution of all of these forces.
These impulses have the potential to be politically beneficial to President Trump, as they will blunt some of the immediate consequences of the punitive tariffs with China.
As the trade war plays out, and as tariff negotiations with the EU proceed, we'll see other impulses that will also have to be incorporated.
It's going to be an interesting exercise looking into the crystal ball to see what's next for the economy. Trump has injected a number of new impulses into the economy and it's going to take a few months to see how they are going to impact the economy.