Well, howdy there, Internet people it spell again.

So today, we're going to talk about CFOs saying Trump's tariffs are causing inflation,

and Trump adding more tariffs.

The CFO survey by Duke University and the Federal Reserve Banks of Atlanta and Richmond was released.

According to the results, a third of price growth this year will be tariff-related and a quarter

of price growth next year. That's what the survey of the chief financial officers of major

companies says. I mean, they know, right? So what's that

mean? There's two important takeaways. Since inflation is currently 2.9%, and a third of current

price growth is tariff-related. It means that without Trump's tariffs, inflation would be right around

2%. You know, the target rate that is seen as ideal. So yeah, tariffs are being passed on to

customers more and more. And the other takeaway is that the CFOs, who often make the decision,

are suggesting the climb and prices will

continue through next year. So, they're spreading the price hikes over two years so you don't

notice as much, which is good in some ways, because maybe, just maybe, wages can pick up.

But it also creates a longer period of time for runaway inflation to develop.

Or as John Graham, the director of the CFO survey and Professor at Duke said, quote,

this isn't a one-time thing. It is still going to be happening in 2026.

This is going to be a long-drawn-out affair.

It's worth noting that it seems like Graham believes the price hikes will continue into 2027,

but that's not actually in the data from the survey.

It's just not a question that was asked. You're paying for

Trump's tariffs, just like all the economists said. In completely unrelated news, Trump's adding even more

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