Summary

In an interview with the Guardian, Nobel economist Joseph Stiglitz warned that Trump’s tariff threats and disregard for contracts have made the US a risky place to invest.

He argued that such policy uncertainty could slow economic growth, trigger stagflation, and push up inflation, as global trade tensions and potential Federal Reserve rate hikes add further risk.

  • @pdxfed
    link
    53 days ago

    This is that certainty that businesses love that Republicans provide, right? On investment, trade, taxes? I’m sure the lost business volume will be made up in their tax refunds the government will surely provide them for all the services cut, right…?