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#4
This is without a doubt the greatest piece of "economism" I have ever read. "MoNeY sUpPly" is a simplistic talking point. Supply shocks played a major role in post-pandemic inflation, along with the increase in money supply. The guy literally goes on about Supply/demand, and then says it is not a factor in inflation because; "You see price going up due to supply shocks is not inflation because now my daddy is in White House, and he's causing a supply shock"

Tariffs on elastic goods and services will lead to equilibrium. Tarriffs on inelastic goods like Oil, Steel, and Timber will not. People need to drive cars, build cars, heat homes, build homes, and maintain those homes and cars using these materials. At least in the short term, US consumers will see price increases.

It is the "Drill baby drill" School of Delusionomics. People who don't understand anything twisting themselves via mental gymnastics to justify their ridiculous belief; that Donald Trump knows what he is doing.

The guy still says "China will pay the tariff".