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Reply to "Why is wall street ignoring/downplaying inflation?"
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[quote=Anonymous][quote=Anonymous]There is always inflation. It is almost as sure as death and taxes. What matters is the rate of inflation from year to year. The inflation seen this year is not at the scale we saw a few years ago. And not everything has gone up unlike a few years ago when it was across the board. People have turned inflation into a partisan issue. However, the inflation we saw under Biden's first two years was very high (relatively speaking) while being denied repeatedly or claimed as "transitionary". The inflation we see this year is still inflation but it's not what we saw in 2021-2022 but some people are still trying to make political capital out of it. [/quote] The current inflation is ramping up because of the moron-in-chief's tariffs. However, it's "transient" to the extent that we only have 40 months left of this moron.[/quote]
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