why tariff's are not causing inflation ..?

because inflation is a monetary phenomenon .. it rises in proportion to the money supply (mostly reckless spending by congress) or a reduction in supply of goods ..both ends up in higher prices .. 

however, higher cost [to producer] doesn't cause inflation, as long as monetary supply remains the same .. aha and that's why all the smarties got it wrong .. for a given monetary supply, marginal higher costs resulting in marginally higher prices resulting in a marginal reduction in demand, which ends up keeping prices just about the same for a slightly lower demand [of expensive items] .. as what people miss is that inflation is calculated using a basket of goods as consumed and not by individual items ..!

& a reduction in demand affects pricing in many ways including lower crude prices & lower transportation costs & in reduction in labor force as seen in payroll numbers

the imported items are roughly 10% higher since the BOY and its not because of tariffs, rather a devaluation of dollar .. it's the reckless spending by congress leading the devaluation of dollar is resulting in inflation & that's why your coffee is 10% more expensive since BOY

i wish the economist had studied, the Boyle's and Charles's laws of Gases ..!

a new valuation model .. or is it simply a wrapper on an old model?

The promise of AI is that it will replace the human workforce ... but if they replace the workforce who will buy and use AI services .. just like the dot com days it was eyeballs, which turned out to be not a good measure.

AI will replace the human workforce, but not the entire workforce; you need people to purchase goods and services or use Google and Meta for free - aka demand .. and they can only do that when employed .. tech is already a 3rd of S&P500 and its rising because of the promise of AI to replace humans with machines .. how far you think they can stretch; ie. where do the valuations go from here..?

In order to keep the hype, companies are not only selling the promise, but also investing in each other, as seen lately .. which i call a fake currency; ie same capital is counted multiple times .. just like stock options were used to invest in companies in dot com days .. a common theme across all bubbles..!

Headline; HSBC claims that they had a major breakthrough in predicting market behavior "more accurately" using IBM quantum computer ..

And I say, "wasn't predicting accurately enough!"

JP verifies my hypothesis today that ..

A good chunk of tariffs cost is borne out by importer so far ..  which is partly covered by lower transportation costs as well as reduction in hiring.

Why Society Will Always Create Idiots in Power?- Aristotle

 

 https://www.youtube.com/watch?v=eemziVNg66E 

Britishers say Islam is destroying UK ..

Muslim want sharia law in UK ..

I say "what goes around come around ..!" .. its your karma .. as said in Bhagvadgeeta.

feds.cut the rates yesterday and teenies goes higher today ..

and you should say.what ?