this post was submitted on 17 Feb 2025
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Economics

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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.

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[–] [email protected] 1 points 3 days ago

Nah, as long as "GDP is good", everyone is ok. We won't have poor people anymore. We will end homelessness and no one will ever go bankrupt from medical bills. The power of "high GDP" ya know.

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