- This topic has 5 replies, 4 voices, and was last updated 4 years, 9 months ago by
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I can’t believe it. Who would have imagine that shut-down economy, salting away of income at the highest rate in generations and a post-pandemic economy would result in inflation?
BTW, the most interesting part of this story is what is not said — that inflation in many areas is rising at 25%, 50% and 100%.
The Fed will raise interest rates, “unexpectedly.”
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The fed just signaled that rates will rise…
…in late 2023. How the hell do they know?
It sure looks like the fed is more and more political. No rate changes until the republicans retake the house and solidify the senate…then we’ll raise rates… just like last time.
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Sic transit gloria mundi (so shut up and get back to work)-
What’s the cost of debt at 2% by 2023? Where is this going to come from? Look at actual unemployed and not in labor force below. Pretty grim.
Then try to imagine one more lockdown. Kaput.
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This blog does a good job of aggregating and analyzing the information. It also provides “misery index” (unemployment + inflation) and predictions based on various factors (and the Fed’s actions).
Of interest, the current inflation trend is outpacing even the most extreme inflation scenario. YET THE FED WANTS TO HOLD RATES LOW.
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