Jerome Powell hasn’t made a peep this August, which means either the economy is finally behaving or he’s trapped in a spreadsheet somewhere. Here’s a satirical look at what happens when the Federal Reserve goes radio silent—and why that’s both comforting and terrifying.
A tariff is basically a tax on imported goods. Think of it as the cover charge countries slap on each other’s products. You want to bring in French wine? That’ll be 20%. Chinese electronics? Pay up. Canadian maple syrup? Okay, that one’s sacred—don’t touch it.