Inflation is not soaring,and economic growth is solid.Tariffs do not cause inflation.What causes inflation is soaring Government spending and less manufacturing of goods and services to the people,thus leading to rising money supply and money velocity.Deficit spending is down35% between February and April 2025 compared to the same period last year.While money supply is rising,albeit at a modest pace,velocity of money is gradually declining.The public sector is slowly shrinking and the private sector is strengthening; hence,there is no inflation risk.The U.S. economy is much stronger than ever!