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But stagflation is much more difficult. Stagnation, slow economic growth, is fought by lowering interest rates to stimulate the economy. Inflation is fought by raising interest rates which slows down the economy. It's like a seesaw, controlling one side causes the other side to rise.

Of course, if the inflation is caused by stupid, senseless, counterproductive tariffs, removing the tariffs might lower inflation. But what happens if demand (the inflationary force) has already been killed by the inflationary tariffs? Might a prolonged period of low interset rates be necessary? Maybe like Japan? Wait, Japan has had a decreasing population. Well, the US replacement rate has already been falling. And one of the main drivers of population growth, immigration, is being quashed by the current regime.