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Once again I encourage the GOP to die on the hill of using a narrowly defined economic term divorced from how most voters understand it.
8.8. klo 06.31
Bessent: It would not have been inflation. A one-time price adjustment is just like does your driver's license license cost more this year
No no you don't get it, it's not inflation - you are just poorer now!
8.8. klo 21.23
A reminder that the "is this inflation?" debate is a distraction.
Tariffs will reduce real incomes one way or another.
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