Jamie Speaks
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Hopefuly not, but I have also heard that the chances of getting inflation down to 2% in the US is looking harder and harder.
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Hopefuly not, but I have also heard that the chances of getting inflation down to 2% in the US is looking harder and harder.
@taiwan_girl said in Jamie Speaks:
Hopefuly not, but I have also heard that the chances of getting inflation down to 2% in the US is looking harder and harder.
Why would that be? I have my own theory but am curious to hear what you read and what you think.
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@taiwan_girl said in Jamie Speaks:
Hopefuly not, but I have also heard that the chances of getting inflation down to 2% in the US is looking harder and harder.
Why would that be? I have my own theory but am curious to hear what you read and what you think.
The main thing I have heard is that there is still too much money chasing too little output. I think that @Jon first posted the graph about the tremendous amount of money that was added to the supply in 2020/2021
Super core inflation is still high. The thing I read is that super core inflation is basically only services and does not include energy, food etc. Going to be hard to bring this down because of high increased pressure to make wages higher, etc
Alot of debt was/is forgiven over the past 4 years or so. Since people may not have to pay their debt, they spend on other things.
Suply chain issues are not yet fully solved.
Inflation will probably be 3-3.5% for the coming future.
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The main thing I have heard is that there is still too much money chasing too little output. I think that @Jon first posted the graph about the tremendous amount of money that was added to the supply in 2020/2021
Super core inflation is still high. The thing I read is that super core inflation is basically only services and does not include energy, food etc. Going to be hard to bring this down because of high increased pressure to make wages higher, etc
Alot of debt was/is forgiven over the past 4 years or so. Since people may not have to pay their debt, they spend on other things.
Suply chain issues are not yet fully solved.
Inflation will probably be 3-3.5% for the coming future.
@taiwan_girl said in Jamie Speaks:
super core inflation is basically only services and does not include energy, food etc
I've never understood why things like food and the cost of heating your house, gasoline, are NOT included in the inflation numbers.
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They used to be.
We had too much money dumped into the system and took much debt. Only way to address the debt is through higher taxes and inflation.
“Cry havoc and let slip the DOGE of war!”
Those who cheered as J-6 American prisoners were locked in solitary for 18 months without trial, now suddenly fight tooth and nail for foreign terrorists’ "due process". — Buck Sexton
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This post is deleted!
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The main thing I have heard is that there is still too much money chasing too little output. I think that @Jon first posted the graph about the tremendous amount of money that was added to the supply in 2020/2021
Super core inflation is still high. The thing I read is that super core inflation is basically only services and does not include energy, food etc. Going to be hard to bring this down because of high increased pressure to make wages higher, etc
Alot of debt was/is forgiven over the past 4 years or so. Since people may not have to pay their debt, they spend on other things.
Suply chain issues are not yet fully solved.
Inflation will probably be 3-3.5% for the coming future.
@taiwan_girl said in Jamie Speaks:
The main thing I have heard is that there is still too much money chasing too little output. I think that @Jon first posted the graph about the tremendous amount of money that was added to the supply in 2020/2021
Super core inflation is still high. The thing I read is that super core inflation is basically only services and does not include energy, food etc. Going to be hard to bring this down because of high increased pressure to make wages higher, etc
Alot of debt was/is forgiven over the past 4 years or so. Since people may not have to pay their debt, they spend on other things.
Suply chain issues are not yet fully solved.
Inflation will probably be 3-3.5% for the coming future.
Yep, especially things like the debt forgiveness issue. Right now you have way too much in the M1, rates were hiked to bring inflation down, then the administration starts forgiving billions in loans, essentially dumping those billions back into the M1 and competing against the Fed. I don’t see that getting fixed no matter who is in office next year.
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They used to be.
We had too much money dumped into the system and took much debt. Only way to address the debt is through higher taxes and inflation.
@Jolly said in Jamie Speaks:
They used to be.
We had too much money dumped into the system and took much debt. Only way to address the debt is through higher taxes and inflation.
Truth. Especially since no one seems to be interested in seriously cutting spending.
