Will 2025 Repeat the Great Depression? 'Perfect Storm' For Economic Fallout | Phil Magness
The David Lin Report
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Economic Challenges from Tariffs and Monetary Policy
This chapter explores the economic challenges American households may face due to current tariff policies, particularly a baseline 10% tariff on imports that could lead to higher consumer prices and supply chain disruptions. It examines the Federal Reserve's role in managing inflation and economic stability amidst these pressures, drawing comparisons to historical economic events. Additionally, the chapter discusses the stock market's response to tariff announcements and the impact of public sentiment on trade policy decisions.
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