Jerome Powell: "We're now collecting a good bit of revenue, 3 or 400 billion dollars a year pace [from tariffs]."
"Who's paying that? So far, it looks like it's the middle group, retailers and importers, they're not passing along to consumers that much of the cost."
"The actual impacts on inflation have been quite modest so far. It's a small amount."
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Lol. So the carrot was right or you got bullied into saying it, on top of being the head of a patently evil institution.
Either way, ya gots ta go.
🌝
He’s lying. I work for a major steel company and we’re paying the tariffs on all the imports used to build this place.
The producers price index says he’s lying through his teeth.
I see tariff listed directly as a line item from suppliers daily. I’ll tell ya right now that number is definitely being pushed to consumer. 🤷🏻♂️
100% I just paid it.
🤦🏼♂️
A lot would likely be mitigated by brand/product substitution
Instead, they are offsetting it by firing employees.
