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NerdWallet's Smart Money Podcast

Trump’s Economic Playbook: Get Clarity on Inflation, Taxes, and More

NerdWallet's Smart Money Podcast

NerdWallet Personal Finance

Business, Education, Investing, How To

4.2665 Ratings

🗓️ 11 November 2024

⏱️ 15 minutes

🧾️ Download transcript

Summary

Learn how Donald Trump's economic plans could influence inflation, taxes, and your finances as he prepares to enter a second term in office. How will Donald Trump's economic policies affect inflation and prices? What impact could Trump's tax plans have on Americans’ finances? In a special edition of Money News, hosts Tess Vigeland and Anna Helhoski dive into the financial implications of President-elect Donald Trump's return to the White House. They unpack Trump's proposed economic agenda, covering key areas like inflation, tariffs, taxes, and interest rates, and examine what these could mean for the American economy and your wallet. They also discuss what his policies on energy production, housing, and immigration could mean for your finances. Stay up to date with the latest financial news from NerdWallet: https://www.nerdwallet.com/h/news/financial-news  In today’s episode, the Nerds discuss: Trump economic policies, Trump inflation plan, Trump tax cuts, taxes, Trump tariffs,Trump interest rates, Trump and the Federal Reserve, inflation under Trump, Trump fiscal policy, tax cuts under Trump, how tariffs could impact consumers, Trump financial promises, economic impact of Trump policies, how tariffs affect prices, Trump credit card interest cap, consumer prices, and fiscal policy changes in the US. To send the Nerds your money questions, call or text the Nerd hotline at 901-730-6373 or email [email protected]. Like what you hear? Please leave us a review and tell a friend. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

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0:36.0

Welcome to NerdWallet's Smart Money Podcast. I'm Tess Vigland in for Sean Piles. And I'm

0:41.4

Anahil Hoski. And this is a special edition of our weekly Money News Roundup, where we break down

0:47.1

the latest in the world of finance to help you be smarter with your money. We're coming to you

0:51.1

early this week because, well, the news calls for it.

0:54.8

Come January, Donald Trump will once again be the president.

0:59.2

Soon after, he'll likely begin acting on some of those campaign proposals.

1:03.3

So today, we're going to run down President-elect Donald Trump's plans for the economy

1:08.2

and your finances.

1:09.9

That's right. Exit polling done by NBC showed that the economy was the top issue among Trump voters.

1:17.1

So in this episode, we're going to get into where Trump stands on a bunch of different

1:20.9

economic-related issues, including his plans for lowering prices, tax cuts, health care, housing,

1:26.6

and mass deportations. We'll also dive into

1:29.4

what experts have said that his agenda could do to the economy. And in case you missed it, we actually

1:33.9

ran a four-episode special series last month on how the presidential election could affect

1:39.0

your finances. We'll put links to those episodes in today's show notes in case you want to

1:43.3

deeper dive into the topics we discussed today.

1:46.1

Or visit nerdwollet.com slash podcast, and you can find the episodes near the top of the page.

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