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Trump Tariffs Drive Inflation? Big Short’s Steve Eisman Says That’s ‘Ridiculous’
Posted on 5/7/24 at 5:15 pm
Posted on 5/7/24 at 5:15 pm
quote:
Steve Eisman, best known for his “Big Short” bet against subprime mortgages, said that the idea tariffs imposed by Donald Trump will drive up inflation is “ridiculous.”
The Neuberger Berman Group portfolio manager said in a Bloomberg TV interview on Tuesday that he expects that if Donald Trump is re-elected as president, he will impose tariffs on goods from China. But he does not believe that higher import duties will increase inflation.
“Do I think that Donald Trump will increase tariffs on China? Sure. Do I think that would have a massively inflationary impact on the U.S.? I think that’s ridiculous,” Eisman said.
1
Posted on 5/7/24 at 5:17 pm to SDVTiger
The bat signal just went out for Rog.
Posted on 5/7/24 at 5:24 pm to BuckyCheese
Roge: Trump ruined everything he is a big meanie peeny I hate his guts.
Posted on 5/7/24 at 5:43 pm to BuckyCheese
quote:
The bat signal just went out for Rog.
Posted on 5/7/24 at 5:47 pm to SDVTiger
Powerputz will be here soon
Posted on 5/7/24 at 5:49 pm to Jbird
Shocked Frogtown hasnt chimed in
They know their stance is wrong so i doubt they show up
They know their stance is wrong so i doubt they show up
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