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Comment by bluGill | Hacker News Reader

They care about inflation too though. Trump is old enough to remember the high inflation 1970s well so he won't make that mistake. Kids today probably won't remember it other than an item from "ancient history" and might make the mistake, but Trump won't.

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If they cared about inflation they wouldn't have instituted massive inflation causing tarrifs. Economists are saying there is a chance 70s style stagflation might come back into fashion

https://www.bloomberg.com/news/articles/2025-04-09/fed-offic...

The money supply figure from his first term makes me doubt this very much.

Any assessment of Trump’s actions that implies that he personally has a cogent strategy immediately loses credibility in my eyes. If you want to say the people around him think or feel a certain way and are influencing him based on that, fine. But he’s clearly just doing things that hit some nexus of “people around me say this will work” and “I personally, on a vibes basis, think this will be fun.”

Or, "everyone is talking about this, so I want it, it's mine"

I think he does whatever he thinks will get the most views.

> Trump is old enough to remember the high inflation 1970s well so he won't make that mistake.

He's already done it; he pioneered the strategy of sending out covid lockdown checks.

> They care about inflation too though.

Trump cares about inflation as a talking point to get elected and for no other reason.

Does he? He really wants the Feds to lower interest rates on top of everything else. He might have gotten that wish if he did absolutely nothing with economic policy and rode off the "bidenomics" he chastised for years.

There's definitely not 100% logic involved in his plans.

I mean he's old enough to remember Biden's inflation, following his trillion dollar spending bills

I mean these tarrifs will cause inflation. We already know that

I would argue there are better and worse kinds of inflation. Wrecklessly printing more money is a worse kind of inflation than a new semi-optional tax, or inflation due to wages rising

The treasury department didn't print money for no reason. Stabilizing the economy during Covid is a much better reason then a pointless and stupid trade war

Inflation is a tax but if there is selective redistribution it is a selective tax.

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