Inflation can be lowered by both Fiscal and Monetary Policy and they are:
1. Fed raises the Fed Funds Rate
2. Fed does Quantitative Tightening
3. Congress/Pres raise taxes
4. Congress/Pres cut spending
5. Lower tariffs on nations like Japan, Canada, Mexico who our are friends and trading partners.
None of these involve helping China. The US runs about a $600 Billion Trade Deficit with China. This is the same China who does:
1. Organ harvesting
2. Cybertheft
3. Genocide
4. Illegal territorial acquisition in the S. China Sea by militarizing the S. China Sea on man made atolls
5. Breaking the treaty on Hong Kong
I hope Biden does not cave into the China is a bunch of swell guys group and lower tariffs on them.
1. Fed raises the Fed Funds Rate
2. Fed does Quantitative Tightening
3. Congress/Pres raise taxes
4. Congress/Pres cut spending
5. Lower tariffs on nations like Japan, Canada, Mexico who our are friends and trading partners.
None of these involve helping China. The US runs about a $600 Billion Trade Deficit with China. This is the same China who does:
1. Organ harvesting
2. Cybertheft
3. Genocide
4. Illegal territorial acquisition in the S. China Sea by militarizing the S. China Sea on man made atolls
5. Breaking the treaty on Hong Kong
I hope Biden does not cave into the China is a bunch of swell guys group and lower tariffs on them.