TSX:AX.PR.E - Post by User
Comment by
Torontojayon Oct 31, 2024 6:35am
40 Views
Post# 36290122
RE:RE:All roads lead to inflation
RE:RE:All roads lead to inflation
DZtrader wrote: .....................
and viscious tariffs along with unfunded tax cuts would....................???
If Trump wins, the road leads to inflation. If Kamala Harris wins the road leads to inflation. Hence my post, all roads lead to inflation.
The US has over $35 trillion in debt with interest payments on the debt at around $1 trillion. That's $ 1 trillion that adds to the money supply each year at prevailing rates. This is highly inflationary and unless there is a hard landing, we will see upward pressure on interest rates. Keep in mind that core cpi is telling us that inflation is still stuck above 3%.