OPEC controls oil supply. In 2020, Trump cut a deal that slashed production & Americans are still paying for it.
#OPEC
#InflationExplained
#OilPrices
#TrumpEconomy
#EnergyPolicy
www.tiktok.com/t/ZThRVwb8d/
Latest posts tagged with #InflationExplained on Bluesky
OPEC controls oil supply. In 2020, Trump cut a deal that slashed production & Americans are still paying for it.
#OPEC
#InflationExplained
#OilPrices
#TrumpEconomy
#EnergyPolicy
www.tiktok.com/t/ZThRVwb8d/
Trump says Walmart should "eat the tariffs" and not raise prices. But that's not how capitalism works. Tariffs = taxes on YOU, not China. Here's why you pay more.
#Tariffs #Walmart #Capitalism #EconTikTok #FinanceTok #InflationExplained #PoliticsUnpacked #FreeMarket #USConsumers #Economics101
Tariffs don’t “protect” you—they tax you. They hike prices, kill jobs, tank your 401(k), an crush the middle class. If you still think they’re patriotic, the joke’s on you
linktw.in/kFLZtj
#EconFacts #TariffTalk #TradeWars #InflationExplained #Economics101 #GlobalEconomy
US gov debt means more money made to pay old debts, making endless cash. This lowers the dollar's value. Unlike Bitcoin, which has a set amount. What's your take on this inflation issue? #Economy #InflationExplained
At a flea market, both parties win with valued trades. But what about inflation? It's an undercover tax eroding your $100 savings over time. Suddenly, you're trading more work for less buying power. Are you keeping up with the true cost of inflation? #InflationExplained #FinancialLiteracy