Axios’ Talev: ‘It’s Really Hard to Reduce Inflation Just by Talking About Stuff’

EXCERPT:

TALEV: "Because it's really hard to reduce inflation just by talking about stuff. And especially if you‘re going to throw tariffs into the mix, there are — it could be some short-term stresses on the economy that pulls it in the other direction. I think he‘s moving the conversation to where he wants it to be, in part because it‘s very hard to translate the sort of positive instant results. I mean, eggs or whatever, a zillion dollars a dozen now, you know, like, this stuff is really complicated. Turns out presidents can‘t just wave a magic wand and change the pricing structure for everything, for the goods that people consume."