Fed Nominee Miran: Inflation seems benign; Does not comment on rate policy | Crypto Craft

  • Fed Nominee Miran: Inflation seems benign; Does not comment on rate policy

    From investinglive.com

    Fed Gov. Nominee Miran says: • Inflation seem benign • Does not comment on rate policy given his nomination is pending • Thinks the Fed is an independent agency and the Pres. has the right to opine. Nothing new here.

Added at 7:16am
Comment Options
Schultz
Aug 15, 2025 8:08am — Edited
Permalink
Over time, other countries will bear the cost of tariffs

says wealthy privileged educated white male.

Yes, if the country is small, perhaps third world status, and it depends for its viability on its exports to the US.

The country will go broke.

And its people will starve.

eg, Lesotho, one of the very poorest countries in the world, sells blue jeans (Levis, Wranglers) and diamonds to the US. Hit with a 50% tariff. Trump said the reciprocal tariffs were "for countries that treat us badly".

Big tariff because big deficit. Well, they can't afford to buy much, let alone from the US.

edit - recently modified to 15%.
Reply
DwnUndrTrdr
Aug 15, 2025 9:59am
Permalink
Quoting Schultz
Over time, other countries will bear the cost of tariffs says wealthy privileged educated white male. Yes, if the country is small, perhaps third world status, and it depends for its viability on its exports to the US. The country will go broke. And its people will starve. eg, Lesotho, one of the very poorest countries in the world, sells blue jeans (Levis, Wranglers) and diamonds to the US. Hit with a 50% tariff. Trump said the reciprocal tariffs were "for countries that...
Recently modified to 15% but the damage was done. I know China and Russia pulled out the “neo-colonialism” tag, to suit there own agendas and I’m reluctant to be in such company, but it certainly could be perceived as such.
DwnUndrTrdr
Aug 15, 2025 10:09am
Permalink
Quoting Nala66
Don Trumpino just wants a phone call before any rate announcements so he can get his and his buddies trades on.
When this administration is said and done, there won’t be enough pumping power available to drain this swamp.
Nala66
Aug 15, 2025 7:53am
Permalink
Don Trumpino just wants a phone call before any rate announcements so he can get his and his buddies trades on.
Reply
Vancarbon
Aug 15, 2025 7:36am
Permalink
Import prices just went up this month from 0.1% to 0.4% .
Reply
Trader#E14A
Aug 15, 2025 7:18am
Permalink
Idiot. Hot PPI print earlier, which is clearly inflationary in the short term.
Reply
h3nkymc
Aug 15, 2025 8:04am
Permalink
One of trump's dogs.
Reply
Trader#40BC
Aug 15, 2025 7:40am
Permalink
Looks like this is the ONE. Donie gonna love him
Reply

  • Related Stories

Fed's Goolsbee: US inflation picture has been mixed
From @financialjuice | Aug 15, 2025
Fed's Goolsbee: US inflation picture has been mixed. FED'S GOOLSBEE: STILL NEED ANOTHER INFLATION REPORT TO FIGURE OUT IF STILL ON GOLDEN PATH LET'S NOT OVERREACT TO ONE MONTH OF PPI, CPI, IMPORT PRICES, BUT AN AREA OF CONCERN Fed's Goolsbee: Need To Figure Out What Part Of Price Increases To Ignore, Which To Respond To - Don't Need To Hold Rates Forever - If Keep Getting Inflation Reports Like We Had Earlier, Totally Fine To Bring Rates To Where They Will Settle Federal Reserve's Goolsbee Says If There Is Any Sign by September or Later That Inflation Is Not Spiraling, They Can Lower Interest Rates
Kremlin: The Putin-Trump talks could last for a minimum of 6-7 hours
From @financialjuice | Aug 15, 2025 | 15 comments
Kremlin: The Putin-Trump talks could last for a minimum of 6-7 hours - Ria. KREMLIN SAYS THAT RUSSIA EXPECTS THAT ALASKA TALKS WILL BRING RESULTS -RIA KREMLIN SAYS THAT ALASKA TALKS MUST BEAR RESULTS, IF THERE IS TO BE A SUBSEQUENT THREE-WAY MEETING-IFAX
Fed’s Goolsbee sees ‘note of unease’ as central bank looks to next interest rate move
From cnbc.com | Aug 15, 2025
Chicago Federal Reserve President Austan Goolsbee said Friday a mixed bag of inflation data this week coupled with lingering uncertainty over tariffs have given him some hesitation about lowering interest rates. Previously, Goolsbee has spoken of a “golden path” that would combine moderating inflation and a stable labor market and lead to lower rates. But ...
  • Story Stats