Tariffs Don’t Kill Inflation—They Kill Growth: What the Fed Study Actually Says

LISTEN and SUBSCRIBE on: Apple Podcasts: https://podcasts.apple.com/us/podcast/watchdog-on-wall-street-with-chris-markowski/id570687608 Spotify: https://open.spotify.com/show/2PtgPvJvqc2gkpGIkNMR5i WATCH and SUBSCRIBE on: https://www.youtube.com/@WatchdogOnWallstreet/featured A viral White House tweet and a Breitbart headline claim a San Francisco Fed study proves tariffs lower inflation—but only if you ignore the part where they also choke economic growth, raise unemployment, and suppress wages. In this breakdown, we unpack what the 150-year tariff study actually shows, why inflation is driven far more by monetary policy and federal spending, and how tariffs function as nothing more than taxes on consumers. With grocery costs now hitting $1,030 a month for a family of four, youth unemployment creeping up, and economic momentum fading, the administration’s quiet retreat from its own tariff strategy speaks volumes. Kitchen-table issues—not political spin—are driving voter frustration, sagging poll numbers, and the urgency for a real economic course correction.