Advice | This should be a 5 alarm fire for anyone who cares about inflation

Donald Trump, the presumptive Republican presidential nominee, wants to put pressure on the Federal Reserve. This should be a five-alarm fire for anyone who claims to be concerned about inflation.

The former president and his advisers continue to find new ways to outdo themselves on bad economic ideas. Should Trump win a second term, he plans to reduce the labor supply by reducing immigration legal, work authorized immigration). He wants to devalue the dollar. He would impose global tariffs of 10 percent or higher, plus perhaps a 100 percent tariff on some Chinese goods, apparently oblivious to the fact that the cost of his previous tariffs fell almost entirely on American consumers.