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Spooked By #TradeWars, #Trump Officials Hoard Supplies: ‘IT WOULD BE STUPID NOT TO!’

Some Trump admin officials are stockpiling toilet paper & food before Trump’s #tariffs cause prices to skyrocket

By ASAWIN SUEBSAENG

#US #economy #inflation #recession #trumpcession
rollingstone.com/politics/poli…


Trump Officials Are Stockpiling Household Supplies Amid His Trade Wars

Donald Trump’s aides and administration officials are hoarding toilet paper, food, and household supplies before his tariffs cause prices to spike.
Asawin Suebsaeng (Rolling Stone)
#Economy #Inflation #Trump #US #récession #tariffs #tradewars #trumpcession

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in reply to Nonilex

FallsMom 🌻
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FallsMom 🌻
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Toilet paper is always a problem under a Trump regime

So much to clean up

in reply to Nonilex

soapone
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soapone
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why would toilet paper and food have anything to do with tariffs? USA grows almost all its own food and is a net exporter of all paper products.
in reply to Nonilex

Nonilex
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Nonilex
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…experts have warned consumers not to hoard supplies & goods…

Well, many Americans aren’t listening…, instead preparing for the possibility of store shelves being bare amid a #Trump-inflicted #recession. Funnily enough, this includes a number of govt ofcls & staffers working directly for the man who launched these massive new trade wars, all on the grounds of bad #tariff math & the flimsy premise that he would bring economic “liberation” to America & make the country “wealthy again.”

#economy

#Economy #Trump #récession #tariff
in reply to Nonilex

Nonilex
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Nonilex
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2 #Trump admin ofcls & a Trump aide tell Rolling Stone that they have done some stockpiling of their own in recent weeks or months, & that they know others working in #Republican politics—inside & outside of the admin—who are doing the same. One of the Trump ofcls says they have already run to Target to bulk-buy toilet paper, some types of food, & other household supplies.

#US #economy #tariffs #inflation #recession #trumpcession

#Economy #Inflation #Trump #US #republican #récession #tariffs #trumpcession
in reply to Nonilex

Nonilex
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Nonilex
• •

When asked why they’re doing this, the #Trump aide—who says they & their partner have done similar household-supply hoarding lately, & are also “stashing cash” reserves in their DC-area home—simply replies: “Because it would be stupid not to!” The aide adds that they still believe in Trump’s #tariffs regime, though [😜], citing the supposed advantage of “short-term pain” in exchange for long-term “prosperity.”

#US #economy #tariffs #inflation #recession #trumpcession

#Economy #Inflation #Trump #US #récession #tariffs #trumpcession
in reply to Nonilex

Strider Uwe 🇺🇦🇨🇦🇲🇽
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Strider Uwe 🇺🇦🇨🇦🇲🇽
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I think that’s just like executives at any number of big companies telling the rank & file to not sell their stock while they themselves are frantically unloading… yeah, I’ll hoard beans rice and toilet paper, no “expert” is gonna talk me out of that!
in reply to Nonilex

An Observer
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An Observer
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Many self-centered, egotistical and a-social people (otherwise known as MAGA or also "Evangelicals") are listening very carefully and will now start hoarding like never before, i'm sure.
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