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near dyersville iowa | how else is new money created? Inflation is more money chasing fewer goods, at its simplist. So either there are more dollars, or less goods. Tariffs lead to less goods. Unless we start manufacturing them. Of course theres lead time in manufacturing. Which could lead to a downturn in the economy in general. But do we need to go through some pain to come out better on the other side? Or will we go through pain no matter what we do?
Im not sure about the answers to any of this. But it does seem we are on our way to some pain, some time, due to some thing. If we can manage that pain and come out better, it will be for the greater good of the country. If that is even possible, i do not know. | |
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Trump's Tariffs = Depression
