There are precedents. In October 1979, Paul Volcker, newly appointed as chair of the Federal Reserve, drove up interest rates to a remarkable 13% in a bid to tackle inflation, later raising them to 17%.

Back then the problem was rampaging inflation and the (by-the-book) cure was raising interest rates to drive it down.

Nowadays US inflation is not an issue (IIRC it’s like 2% or 3%) and tariffs are gonna bring it up in a confused effort to… rebuild a manufacturing industry? (I’m not sure that’s the goal - it’s hard to say what “great again” means precisely).

In what way would 1979 be a precedent?

Anyway… yes, assuming Trump’s goal is to have more manufacturing in the US, tariffs will “work” - the point is how much that’s gonna cost (in quality of life, not dollars) and who’s gonna pay that price.

Good. Let’s copy that

It feels like 50% of the noise coming from there is flat-out lies, and the other 50% is bullshit instead.

One thing I didn’t get: besides the boring “witch hunt” narrative, is her stance that those people didn’t do work for RN or that it’s fine to use EU-paid personnel for her party in France?

Nah - let’s just use English and distort it to annoy UKers and USers(*) instead! :)

(*) those who notice

Will he appear like beetlejuice? Because I could go the The Hague and summon him.