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Tariffs, Stagflation and the New AI-driven Economy

WSJ Opinion: Free Expression

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Tariffs, Inflation, and Economic Policy

This chapter examines the effects of tariffs on the global economy, including their potential to increase inflation and slow economic growth. It discusses the complexities faced by the Federal Reserve as it navigates inflation and job growth pressures while maintaining independence amidst political scrutiny. Additionally, the chapter highlights the transition towards a state capitalism model and the implications of artificial intelligence on future job markets.

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