Just get over it already, America! That’s the advice about inflation from tariffs via billionaire Jamie Dimon, the CEO of JPMorgan Chase and one of President Donald Trump’s billionaire buddies. Dimon, who makes about $39 million a year, seems to forget that people have trouble affording groceries. Or, maybe he just doesn’t care.
Dimon was in Davos, Switzerland recently for the World Economic Forum, and he was asked about Trump’s plan to levy tariffs on Mexican, Canadian and Chinese goods. Dimon said tariffs were simply an “economic tool,” or more bluntly, an “economic weapon.” This economic weapon, by the way, has economists predicting that the price of everything from cars, gas, alcohol, and food will go up. Lowering groceries was one of Trump’s biggest campaign promises. Looks like his current plan to lower them is to, make them higher?
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