Powell Concedes to Trump’s Claim That Tariffs Don’t Drive Inflation

Let’s be honest. The real experts in this country don’t work in Washington D.C. They’re the people who run a farm, own a small business, or work a factory line. They understand our economy in a way the pencil-pushers never will. It’s called common sense. You know when things are good, and you definitely know when you’re being lied to.

But the elites in their fancy offices think they know better. They make rules that hurt real Americans. They lecture us from on high. And the worst part? They never, ever say they’re sorry for the damage they cause. They just move on to the next bad idea, and you’re left holding the bag.

But then a funny thing happened. One of their own, Federal Reserve Chairman Jay Powell, finally had to admit the truth. Standing in front of the world at Jackson Hole, he confessed that President Trump was right all along. Tariffs don’t cause the kind of wild inflation the media and the swamp have been screaming about for years.

This is a huge deal. Peter Navarro, a top advisor for President Trump, explained just how big of a reversal this is.

From ‘Fox News’:

“At most, tariffs create a one-time adjustment in prices, not the kind of runaway spiral that demands punishing rate hikes. And even that one-time bump may be negligible if, as we have long argued, foreign exporters – not American consumers – shoulder most or all of the burden.”

Trumpnomics Vindicated

Do you remember all the crying and screaming from the media about tariffs? They said Trump’s policies would wreck the economy. They called it a trade war that everyone would lose. Well, they were wrong. Dead wrong. “Trumpnomics”—with its simple formula of tax cuts, less regulation, energy freedom, and fair trade—worked. It gave us a strong economy and stable prices, and it’s doing it again. Powell’s admission just proves it. Makes you wonder what else they’ve been wrong about, doesn’t it?

So, Trump was right. But are they fixing their mistake? No. Instead, the Fed is still squeezing your wallet. They’re making it nearly impossible for young families to buy a home. Mortgage rates are stuck at a brutal 6-7%. Think about that. Your dream of owning a home is being crushed by a bureaucrat in Washington.

And it’s not just home buyers. Small business owners are getting hammered. They can’t get affordable loans to grow their companies and hire more people. The Fed is suffocating the very heart of the American economy. From your car payment to your credit card bill, everything costs more because of their bad decisions.

A Policy That Puts America Last

This isn’t just hurting us here at home. This policy is a gift to our enemies. The Fed has our interest rates jacked up to over 4%, while Europe is at 2% and China is near 1.4%. What does that do? It makes our products more expensive overseas. It gives countries like China a massive, unfair advantage. We are basically paying our own companies to lose. It’s an America Last policy, plain and simple.

It’s nice that Jay Powell finally admitted the truth. But words are cheap. The message to the Fed is simple. Stop making excuses. Stop hurting American families. It’s time to cut rates and get out of the way. Let President Trump and the American people get back to the business of winning.

Key Takeaways

• The Fed now admits that Trump’s tariffs do not cause runaway inflation.
• “Trumpnomics” is vindicated as the right path for American prosperity.
• High interest rates are hurting families and helping foreign competitors.
• The Fed must cut rates to unleash the American economy.

Sources: Fox News

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