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'It's really simple': Billionaire Mark Cuban explains 'why inflation isn't up'

From Democratic Underground

'It's really simple': Billionaire Mark Cuban explains 'why inflation isn't up'

Story by David McAfee

Billionaire Mark Cuban on Sunday released what he deems an explanation for why "inflation isn't up."

Cuban, who has clashed with Trump as the world leader embraced the richest man in the world and Cuban's rival, Elon Musk, earlier this year released a political analysis on the "thing to understand about Donald Trump."

Now, Cuban is putting his CEO hat on to explain inflation.

Taking to X, Cuban wrote, "Let's talk about why inflation isn't up, as economists predicted."

He continued:

"It's really simple. I see it in all my product based companies... They borrow money or use their available cash to front run the tariffs and buy as much inventory as they can," he said, noting that time period is "3, 6 months or longer." "In many cases they get a better price because the [manufacturer] knows the risks post tariffs."

Secondly, according to Cuban, "That cash is expensive."

"They either lose the ability to earn interest, (4pct) the ability to invest in other parts of their biz or they pay interest on a loan (10 to 20 pct)."

More at link and he explains why prices will go up in several months:

https://www.msn.com/en-us/money/savingandinvesting/it-s-really-simple-billionaire-mark-cuban-explains-why-inflation-isn-t-up/ar-AA1FTLNi?ocid=winp2fptaskbar&cvid=a771f67e77c6459ae9a3a929c88bb7ff&ei=9

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