The Sleight of Hand Behind the ‘One-Time Adjustment’ and ‘Transitory’ Tariff Inflation Narrative “Tariffs are a one-time price adjustment.” This quote is the bold yet defensible claim U.S. Treasury Secretary Scott Bessent made during a CNBC interview this past week. Bessent is lean…

The Sleight of Hand Behind the ‘One-Time Adjustment’ and ‘Transitory’ Tariff Inflation Narrative inflationwatch.wordpress.com/2025/03/08/t...
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