what if Trump wins?, page-38

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kellbys

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18/07/24

17:14

Post #: 74816598
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Originally posted by Fishinnick: ↑

Tax cuts don't increase inflation, all that happens is the people that actually earn the money spend it in the economy instead of the government, it's not an increase in money supply, just different people spending it within the economy and if you want to get technical a reduction in government revenues should reduce it's borrowing power in theory and also it's expenditure and this would help reduce inflation on a net basis from the tax cuts and Trump cutting regulations when he comes back to the whitehouse and likely reducing government staff numbers should also reduce governmental expenditure and thus reduce pressure on inflation further still.

It's always best our governments help reduce the inflationary impacts caused by the current record government spendings and size where they can because that would ease some pressure on the RBA to increase rates and also help ease the pressure on people suffering with their mortgages, leaving the RBA to do all the heavy lifting only prolongs the higher inflation we still have.

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A new Wall Street Journal survey found that a majority of economists polled believe Donald Trump's policies would be more likely to reignite inflation than President Joe Biden's would. Sixteen Nobel Prize-winning economists previously came out with a letter voicing the same concerns.6 days ago

Economists say Trump would reheat inflation more than Biden
CNBC
https://www.cnbc.com › 2024/07/12 › economists-trum...
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what if Trump wins?, page-38

Economists say Trump would reheat inflation more than Biden

Evolution shares up 3% on quarterly results for June showing rise in gold production

Talking Australia's very competitive property landscape: Realty Talks

AI stocks: What to expect in 2024-25

Noronex joins forces with South32 to look for copper in Namibia

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

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what if Trump wins?, page-38

Economists say Trump would reheat inflation more than Biden

Top Stories

Evolution shares up 3% on quarterly results for June showing rise in gold production

Talking Australia's very competitive property landscape: Realty Talks

AI stocks: What to expect in 2024-25

Noronex joins forces with South32 to look for copper in Namibia

Andrew Forrest was seemingly possessed by the spirit of hydrogen – now he's cut 700 jobs and canned FFI

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