Post #1400 by Timer321 on the Macroeconomic Trends and Risks board

Personal Finance Topics / Macroeconomic Trends and Risks

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Are you really so sure that economic norms are still in play

IP,

Depends on what you mean by norms.

The principles of economics won't go away.

Tearing down trade means layoffs. Layoffs mean less consumption.

Higher prices because of tariffs mean less spending on services. Layoffs.

I see no economic policies that pan out as economic growth.

Reducing interest rates is a monetary policy during a demand-side economics period. It won't lead effectively. Too many fiscal policies that dominate are in play, doing the wrong things.

The current "norms" do not hold water as being constructive. Pay me now or pay me later. Later is not that far away.

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