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Are Trump’s tariffs a tool for cultural domination?
InvestorDaily
This theory has been floated in various circles for some time. And while those of us not inclined towards conspiracy theories have done our best to steer clear – keeping as much distance as possible from any suggestion of ideological motives – even we’ve had to stop and consider it. In the latest episode of the Relative Return Unplugged podcast, AMP’s Shane Oliver highlighted Donald Trump’s clear departure from “normal Donald Trump” and questioned why some of his recent moves don’t seem to add up – even by his own standards. Namely, Trump seems to think tariffs won’t drive up prices and won’t hurt the American economy.
Citing inflation surveys out of the University of Michigan, Oliver shared on the show that while long-term inflation expectations have risen, the divide falls along party lines. Democrat voters see higher inflation ahead. Republican voters, not so much. But anyone with a basic grasp of economics knows that tariffs mean higher costs.
The rest of this article can be found at investordaily.com.au.