Jerome Powell: "We're now collecting a good bit of revenue, 3 or 400 billion dollars a year pace [from tariffs]." "Who's paying that? So far, it looks like it's the middle group, retailers and importers, they're not passing along to consumers that much of the cost." "The actual impacts on inflation have been quite modest so far. It's a small amount." Shared via

Replies (19)

Lol. So the carrot was right or you got bullied into saying it, on top of being the head of a patently evil institution. Either way, ya gots ta go.
WildBill's avatar
WildBill 5 months ago
Not what the PPI says. He’s lying.
Vincent Anton's avatar
Vincent Anton 5 months ago
I see tariff listed directly as a line item from suppliers daily. I’ll tell ya right now that number is definitely being pushed to consumer. 🤷🏻‍♂️
 Thirteen's avatar
Thirteen 5 months ago
Instead, they are offsetting it by firing employees.