Tariffs? Everything that’s made somewhere else immediately costs more? That’s inflationary.
Tax reductions without meaningful spending cuts? (Can’t touch entitlements…) That’s also inflationary.
Who will Trump appoint as Fed Chair? Powell made missteps, absolutely. but inflation is slowing and we haven’t had a recession. I haven’t heard him talk about anyone of substance, just that he wants low interest rates (again, inflationary).
Yes, vague promises to cut red tape, bureaucracy, regulation. That goes counter to the idea of tariffs, but saying that those are could be helpful.
So to conclude, everything Trump wants to do with the economy is inflationary, except maybe regulations but he hasn’t discussed anything specific.
Both options here suck re: inflation.