GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.
These brands compensate us to advertise their products in ads across our site.
This compensation may impact how and where products appear on this site.
Commitment to Our Readers
GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.
you might read more about oureditorial guidelinesand our products and servicesreview methodology.
Here are somekey inflation takeawaysfrom the debate, according to experts.
They were wrong last time and theyre wrong again.
No one should pay attention to these people who are so consistently wrong, he added.
Trump Fires Back on Tariffs
Were doing tariffs on other countries.
And the tariff will be substantial in some cases.
I took in billions and billions of dollars, as you know, from China.
This was noted in particular by Mark Friedlich, vice president of government affairs atWolters Kluwer Tax & Accounting.
Yet, the candidates responses were short on detail, he added.
According to him, the scenario has played out repeatedly, such as with education costs.
That will take todays record unaffordability in housing and turbocharge it.
After that, Fed errors and government spending are secondary reasons for the rise in prices, said Earle.
In terms of government spending, both the Trump and Biden administrations spent trillions of dollars.
Neither of the two can brag to any extent about their proclivity for thrift.
And both are supporting policies that will raise prices, said Earle.
More From GOBankingRates
Share This Article:
