Miran says tightening US borders is 'deflationary'

  • Stephen Miran at his Fed testimony
Stephen Miran 3

It's not really surprising that Miran is following Trump's talking points in his Fed nomination but I would like to see the argument for how deporting low-wage workers is deflationary. I guess you can argue that pushing people out can lower housing prices but that's the same kind of 'one off' as tariffs, which he's also arguing aren't inflationary.

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