The reason tariffs are not inflationary is that the goods which face increased costs and are sold at a higher price, that is a direct source of increased demand for money. If these firms and those affected by no longer spending at them have additional money to spend elsewhere, that is an increase in the supply of money for other goods, and it is unlikely to surpass the effect of the increased demand for money elsewhere. The other thing is that tariffs make planning difficult, which in a more general way across the economy and especially in production, increases the demand for money and lowers its supply (money being a way people handle uncertainty).

So really tariffs artificially shift around economy and increase costs, but do not cause any significant inflation on their own. This narrative of causing inflation comes from a lack of understanding of money and propaganda to control the narrative and diffuse blame for monetary debasement.

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They're not worried about inflation from tariffs. They're helping their buddies out and maintaining the incentive for loanable funds to keep flooding into the fiat system for the moment, for whatever ends they are pursuing. It is clear to me that the MAGA movement is rewriting many aspects of how the dollar monetary order works and may seek to destabilize the Fed, or to reorient it to work more in line with either (A) a new strategy for the banking cartel and establishment or (B) an up and coming faction in the political machine trying to become the new establishment. Probably a bit of both since so many of these douchebags are unprincipled and so easy to buy or fool.

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the question always is: what inflation.

everybody's inflation is different and may not be visible in the aggregates.

also all businesses are pre-stocked now. the goods has been already in the US before the tarrifs become effective. and the real cost inrease is yet about to come. it might be a year or more.

And Canada might retaliate with energy price increase or out right shutting down export. That would cause the north of US to go dark. That would be ๐Ÿฟ

Yeah those are considerations too, but the what inflation question is a given in my head, like I'm always aware of that.

I mentioned that because our (state) statisticians can do miracles with the numbers. Exclude thi include that ... just make the numbers look good (or adhoc)...

Ah yes, they will make that part of the narrative too.

Good point.