Relax, Everything is Going to be Okay!

[SAJ-99]

Have not found one yet most seem to be in agreement that tariffs are passed on to the consumer much like higher corporate taxes. I tried to find some ways or categories where tariffs have impacted Americans.

From Forbes:
American consumers bore 90% of last year's nearly six-fold tariff increase, adding $1,000-$2,400 to average household budgets, despite overall inflation dropping to 2.4% in January 2026.

This inflation drop occurred due to declining energy and shelter costs, and because tariffs primarily impacted a limited range of imported goods, not broad consumer spending.

Affordability trends were mixed in 2025: housing improved, but food, healthcare, and new vehicle costs worsened, disproportionately affecting lower-income households

From bananas to toys, these 5 charts show how much costs have risen since Trump's tariffs went into effect

Since Trump’s tariffs took effect in April, inflation has been showing up in categories that rarely see big swings.

www.cnbc.com

Here are some categories that CNBC highlighted:

Coffee, Jewelry /Watches, Bananas, Televisions and Toys

I would have assumed that a media company like CNBC could highlight much broader bigger effects but if tariffs are costing $1000.00- 2400.00 per household some of you people are buying a helluva lot of bananas and coffee

Even Miran is changing his view. This stuff is hard to measure but when the one guy who was sure inflation was under control changes his view, it is hard to ignore.

https://www.morningstar.com/news/dow-jones/2026021910137/feds-miran-now-sees-a-less-accommodative-rate-path

 

[SaskHunter]

You guys dont think the epstein deal is about consenting minors and age of consent do you?

It's crazy to think that a lot of the Epstein apologists have children of their own...

 

[406dn]

It's crazy to think that a lot of the Epstein apologists have children of their own...

It is pretty crazy to think that Great Britain can arrest the king's brother, and we can't even arrest one creepy billionaire.

 

[Handlebar]

Even Miran is changing his view. This stuff is hard to measure but when the one guy who was sure inflation was under control changes his view, it is hard to ignore.

https://www.morningstar.com/news/dow-jones/2026021910137/feds-miran-now-sees-a-less-accommodative-rate-path

I am having trouble understanding his position. I do not know anything about him

Federal Reserve governor Stephen Miran dialed back his calls for how deeply the Fed should cut rates this year, telling an interviewer that recent data have reflected a stronger economy than he had expected.
"The labor market came in a little bit better than I came to expect over the last few months," Miran said in the interview. "There's been some signs of even more firming in goods inflation," he added. "And so those two things combined would make me undo what I did in December
Miran's new position, which implies a full percentage point of rate cuts this year from the current level of 3.5% to 3.75%."

So he is indicating that he would still cut rates just not as aggressively as the WH would like? Because he thinks goods inflation is stabilizing?

 

[Elkmagnet]

I am having trouble understanding his position. I do not know anything about him

Federal Reserve governor Stephen Miran dialed back his calls for how deeply the Fed should cut rates this year, telling an interviewer that recent data have reflected a stronger economy than he had expected.
"The labor market came in a little bit better than I came to expect over the last few months," Miran said in the interview. "There's been some signs of even more firming in goods inflation," he added. "And so those two things combined would make me undo what I did in December
Miran's new position, which implies a full percentage point of rate cuts this year from the current level of 3.5% to 3.75%."

So he is indicating that he would still cut rates just not as aggressively as the WH would like? Because he thinks goods inflation is stabilizing?

He is trying to put out a fire while patting the back of the people who started it and relying on the uneducated public to eat it up.

 

[SAJ-99]

I am having trouble understanding his position. I do not know anything about him

Federal Reserve governor Stephen Miran dialed back his calls for how deeply the Fed should cut rates this year, telling an interviewer that recent data have reflected a stronger economy than he had expected.
"The labor market came in a little bit better than I came to expect over the last few months," Miran said in the interview. "There's been some signs of even more firming in goods inflation," he added. "And so those two things combined would make me undo what I did in December
Miran's new position, which implies a full percentage point of rate cuts this year from the current level of 3.5% to 3.75%."

So he is indicating that he would still cut rates just not as aggressively as the WH would like? Because he thinks goods inflation is stabilizing?

He was projecting FF at 2.25% by the end of the year. Now he is saying 2.75%. It doesn’t mean anything other than inflation is sticky, which everyone else knew but he didn’t want to admit. Tariffs help make it sticky. We have a ways to go. PCE tomorrow.

 

[Wind Gypsy]

It is pretty crazy to think that Great Britain can arrest the king's brother, and we can't even arrest one creepy billionaire.

 

[Wind Gypsy]

https://twitter.com/x/status/2024493693609115954

 

[BigHornRam]

It is pretty crazy to think that Great Britain can arrest the king's brother, and we can't even arrest one creepy billionaire.

 

[BigHornRam]

https://twitter.com/x/status/2024493693609115954

Al Capone didn't get locked up for all the things he allegedly did. He got locked up for tax evasion.

 

[brymoore]

Al Capone didn't get locked up for all the things he allegedly did. He got locked up for tax evasion.

Testifying against Capone was a deadly business.
Capone’s attorney made key witnesses. Rat a tat tat. I might have kept my mouth shut about Al or other gangster thugs. Then and now.