Toggle navigation
Toggle navigation
Home
DCUM Forums
Nanny Forums
Events
About DCUM
Advertising
Search
Recent Topics
Hottest Topics
FAQs and Guidelines
Privacy Policy
Your current identity is: Anonymous
Login
Preview
Subject:
Forum Index
»
Money and Finances
Reply to "Armchair economists, can you cut rate with rising prices?"
Subject:
Emoticons
More smilies
Text Color:
Default
Dark Red
Red
Orange
Brown
Yellow
Green
Olive
Cyan
Blue
Dark Blue
Violet
White
Black
Font:
Very Small
Small
Normal
Big
Giant
Close Marks
[quote=Anonymous][quote=Anonymous][quote=Anonymous][b]The Fed may have to actually raise rates to combat inflation. [/b] Economists have said over and over just wait in the months to come we will eventually see price increase. The problem is that some of his supporters believe in magic. Even if factories are relocated here, any hiring surge will be temporary because they will be smart and automated factories. In China, the number of people employed in manufacturing has been steadily declining due to automation.[/quote] +1 to the bolded, although I worry they won't have the spine to do it. In December 2024 we were coming in for a soft landing and if things had continued in that manner we might or might not have lower rates by now. But the tariffs, tax cuts for the wealthy, etc are working counter to the Fed and making their job harder.[/quote] It's gonna be really wild looking back. Basically the economy was somewhat improbably getting into goldilocks territory, despite some pretty tough challenges. Like you said, soft landing, imagine a plane coming in too fast, that the pilot does a good job smoothing out, and now the copilot took over and basically pushed the plane into a nose dive.[/quote]
Options
Disable HTML in this message
Disable BB Code in this message
Disable smilies in this message
Review message
Search
Recent Topics
Hottest Topics