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"May inflation lower than expected & Tariff revenue reach historic high"

Posted on 6/12/25 at 6:00 am
Posted by lake chuck fan
Vinton
Member since Aug 2011
22235 posts
Posted on 6/12/25 at 6:00 am
We won't see this being reported by the MSM!

quote:


Apparently, despite all the wailing, pearl-clutching and teeth gnashing from the multinationals, their economic punditry conscripts and the professional political apparatus, tariffs are not raising prices. Go figure.


The consumer price index (CPI) increased 0.1% for the month, putting the annual inflation rate at 2.4%. Excluding food and energy, core CPI came in respectively at 0.1% and 2.8%, compared with forecasts for 0.3% and 2.9%.




LINK
Posted by lake chuck fan
Vinton
Member since Aug 2011
22235 posts
Posted on 6/12/25 at 7:21 am to
Not surprised that our resident tariff gloom and doom folks haven't commented! Lol
Posted by dgnx6
Member since Feb 2006
87414 posts
Posted on 6/12/25 at 7:22 am to
Lol someone downvoted lower inflation.


Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
471097 posts
Posted on 6/12/25 at 7:23 am to
quote:

Not surprised that our resident tariff gloom and doom folks haven't commented! Lol

Are full tariffs even implemented yet? I thought all of the major ones were paused or substantially decreased to force negotiations
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
96007 posts
Posted on 6/12/25 at 7:25 am to
Lol @ rogerthedumbarse and Lakesoy7
Posted by bayoudude
Member since Dec 2007
25870 posts
Posted on 6/12/25 at 7:30 am to
The fact that we are led to believe 2-3% inflation is a good thing is troubling in and of itself. Most of us are not getting yearly raises to offset that amount.
Posted by Y.A. Tittle
Member since Sep 2003
110246 posts
Posted on 6/12/25 at 7:34 am to
quote:

Are full tariffs even implemented yet? I thought all of the major ones were paused or substantially decreased to force negotiations


So, if just a little is doing this well…

I’m not sure what your flex is here.
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
96007 posts
Posted on 6/12/25 at 7:35 am to
He has a lot of econ credibility on the line. Just like rogerthepanican


Hes flailing
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
58498 posts
Posted on 6/12/25 at 7:45 am to
quote:

The fact that we are led to believe 2-3% inflation is a good thing is troubling in and of itself.


The stated reason is that it's a bit of a sweet spot in managing liquidity to keep the currency from going through strong moves in inflation and deflation (meaning the normal boom/bust cycle of the economy isn't so extreme). The real reason is that it makes debt cheaper (thus easier to service) over time. This is important as the federal government is so ridiculously deep in debt that we'll never recover without some sort of massive crash which forces the government to cut total spending by at least 30%-35% (which means we're really just kicking the fiscal can down the road until we follow it off a cliff).
Posted by BhamTigah
Lurker since Jan 2003
Member since Jan 2007
17448 posts
Posted on 6/12/25 at 7:48 am to
Posted by tigersmanager
Member since Jun 2010
10112 posts
Posted on 6/12/25 at 8:22 am to
Boom
Posted by BurlesonCountyAg
Member since Jan 2014
4637 posts
Posted on 6/12/25 at 8:31 am to
quote:

Are full tariffs even implemented yet? I thought all of the major ones were paused or substantially decreased to force negotiations


SFP:
Posted by trinidadtiger
Member since Jun 2017
19308 posts
Posted on 6/12/25 at 10:16 am to
Good point Bard.

And to all the crack addicts that need another hit of rate decreases, the fed has done a good job of Quantitative Tightening to remove trillions of covid money floating around.

Posted by ksayetiger
Centenary Gents
Member since Jul 2007
70247 posts
Posted on 6/12/25 at 10:21 am to
quote:

Lol someone downvoted lower inflation.



TDS is a serious mental illness
Posted by dgnx6
Member since Feb 2006
87414 posts
Posted on 6/12/25 at 10:23 am to
quote:

Are full tariffs even implemented yet?



Yes.



But let's pretend tariffs weren't implemented. Does that mean you and the rest of the cult went into meltdown over nothing?



Posted by Paddyshack
Land of the Free
Member since Sep 2015
11005 posts
Posted on 6/12/25 at 10:38 am to
quote:

Are full tariffs even implemented yet? I thought all of the major ones were paused or substantially decreased to force negotiations

In shambles.

You and Roger will need straight jackets before the end of Trump’s term.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298305 posts
Posted on 6/12/25 at 10:44 am to
quote:


So, if just a little is doing this well…



"in spite of"

Posted by Y.A. Tittle
Member since Sep 2003
110246 posts
Posted on 6/12/25 at 11:03 am to
quote:

"in spite of"


Minimal tarriffs are raising revenue in spite of themselves?

That's a weird pivot.

I've never advocated FOR tarriffs by the way. I'm willing to look at the results and data objectively, however, to see how this plays out. Doesn't seem like you are.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298305 posts
Posted on 6/12/25 at 11:12 am to
quote:



Minimal tarriffs are raising revenue in spite of themselves?


Existing trade contracts.

quote:


Doesn't seem like you are.



Because he has zero goals or plan. Its all how he feels on a certain day. Its doomed for failure.

As a professional, you should know that
This post was edited on 6/12/25 at 11:13 am
Posted by Gifman
Member since Jan 2021
18337 posts
Posted on 6/12/25 at 11:37 am to
quote:

SlowFlowPro


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