It's so funny, because it means it will raise wages. I will never understand why these people wont just be honest. Economists will go to whatever lengths necessary to avoid making a class analysis.

increased wages leads to inflation, according to the rules of capitalist profit accumulation. Its what happened during covid, when so many people died the "surplus population" that keeps wage growth stagnant was depleted by a meaningful degree. Wages went up, then inflation followed. And we saw that most of that inflation was just companies raising prices so they could make more money.

Obviously the mass deportation of workers is an act of class war, and should be fought against. But it will increase profits for his buddies in the short term, and buy him some political clout among his base in the shorter term. The problem is, who will do those agri jobs which rely on hyper exploited labor, and why? It is going to cause mayhem for masses of workers.

But also, that is the point. He wants to crash our economy on purpose. The endgame is to force an asset bubble onto China and the EU, through a long painful global recession.

So the problem isn't Trump, he is a symptom, an accelerant. As always, the problem is capitalism which dominates every part of our lives.

Look up "reserve army of labor", called "surplus population" by mainstream economists, and the stupidly named "Mara-Lago accords."

not 4% annually, 4% per month.

So unless they remove Powell, Trump isn't getting his rate cut.

It's going to be difficult to decide how much inflation comes from which bad policy, because there are multiple.

• Deportations (less production due to workforce reduction)
• Import taxes on finished goods (less market supply locally)
• Import taxes on industry inputs (less production locally)
• Forcing inefficient foreign investment (monetary oversupply for impacted sectors)

We're already going to hit that when the companies run out of domestic stock, and the tariff increases hit - this is just starting now.

You can't have inflation, if you stop collecting inflation data. *taps forehead *

Where I live (Philly suburbs) you always used to see people playing organized soccer on all the local fields early Sunday mornings yelling in Spanish. Now those fields are always empty.

[x] to doubt. Mostly because I sincerely doubt inflation will "peak" at 4%.

4%? Based on some of the food prices I've seen it's easily 60% over the past 365 days.

Oh right, the magic "you can't count food alone" or energy, or housing, or anything that really matters.

oh no, small farms will go bankrupt and have to sell to larger farms that Trump's friends own... Oops, what an accidental bribe!

Release the Trump/Epstein files

I’m sure he’ll pull out that sharpie, especially since that’s when J Pow can be legally fired.

Who wants to bet? I've got $100 says it goes above 4% by 6/30/26. Of course that $100 will only be worth about $94.

That's all?

So, again?