Anonymous
12/31/2021 17:04
Subject: Re:U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
jsteele wrote:Anonymous wrote:Last day of December tomorrow - we'll get inflation numbers in 10 days. Any bets?
Gas prices have gone down so inflation will likely be lower.
PPI forecasts project increases until around March '22: https://www.forecasts.org/ppi.htm
jsteele
12/30/2021 21:51
Subject: Re:U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Last day of December tomorrow - we'll get inflation numbers in 10 days. Any bets?
Gas prices have gone down so inflation will likely be lower.
Anonymous
12/30/2021 21:37
Subject: Re:U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Last day of December tomorrow - we'll get inflation numbers in 10 days. Any bets?
Anonymous
12/24/2021 23:35
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Fear not. Biden has a plan.
Anonymous
12/24/2021 23:26
Subject: Re:U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Gas prices down.
Economy is booming, even during a pandemic. Biden doesn't run a flashy ship but he is playing the long game and getting it done.
Economy is booming, even during a pandemic. Biden doesn't run a flashy ship but he is playing the long game and getting it done.
Anonymous
12/24/2021 19:16
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:Anonymous wrote:
Big money isn't the average American. All polling shows a clear concern about inflation.
I'm not sure what your point is?
Big money is smart money. IOW, inflation isn't going to be an issue. It is right wing talking point de jour.
Paul Krugman is not what I would refer to as "smart". He is pointing at a short-term snapshot of a bond market index and using that to counter the argument that inflation is serious. Anyone who has seen a bond-vs-interest chart knows that the correlation is only on long-term basis and that short-term movements can be in counter-intuitive directions.
I don't know why the left holds on to Paul Krugman. This is the guy who predicted a recession after the 2016 election. He is the guy that keeps crying wolf and the leftists are the villagers who keep showing up because they are secretly wishing for some wolves to show up and eat all the sheep so that they can finally rebuild a flock with certified non-racist non-cis-normative sheep.
Krugman started as an economist 3-4 decades ago but has spent 20+ years as a propagandist and it shows. His inflation columnn was as pathetic as his prediction that the Internet was just another fax machine...
Anonymous
12/24/2021 19:13
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:this probably won't be good for inflation: https://www.cnbc.com/2021/12/21/biden-administration-considers-extending-payment-pause-for-student-loan-borrowers.html
Larry Summers agrees: https://twitter.com/LHSummers/status/1474369239238774788
🤦♀️
Anonymous
12/24/2021 18:01
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:this probably won't be good for inflation: https://www.cnbc.com/2021/12/21/biden-administration-considers-extending-payment-pause-for-student-loan-borrowers.html
Larry Summers agrees: https://twitter.com/LHSummers/status/1474369239238774788
Anonymous
Anonymous
Anonymous
12/22/2021 08:24
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:this probably won't be good for inflation: https://www.cnbc.com/2021/12/21/biden-administration-considers-extending-payment-pause-for-student-loan-borrowers.html
With inflation running the way it is, these accounts are declining in value fast.
Well, that's one way to help repay student loans...
Anonymous
12/22/2021 00:05
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:this probably won't be good for inflation: https://www.cnbc.com/2021/12/21/biden-administration-considers-extending-payment-pause-for-student-loan-borrowers.html
With inflation running the way it is, these accounts are declining in value fast.
Anonymous
12/21/2021 23:41
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
this probably won't be good for inflation: https://www.cnbc.com/2021/12/21/biden-administration-considers-extending-payment-pause-for-student-loan-borrowers.html
Anonymous
12/21/2021 21:55
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:Anonymous wrote:
Big money isn't the average American. All polling shows a clear concern about inflation.
I'm not sure what your point is?
Big money is smart money. IOW, inflation isn't going to be an issue. It is right wing talking point de jour.
Paul Krugman is not what I would refer to as "smart". He is pointing at a short-term snapshot of a bond market index and using that to counter the argument that inflation is serious. Anyone who has seen a bond-vs-interest chart knows that the correlation is only on long-term basis and that short-term movements can be in counter-intuitive directions.
I don't know why the left holds on to Paul Krugman. This is the guy who predicted a recession after the 2016 election. He is the guy that keeps crying wolf and the leftists are the villagers who keep showing up because they are secretly wishing for some wolves to show up and eat all the sheep so that they can finally rebuild a flock with certified non-racist non-cis-normative sheep.
Anonymous
12/21/2021 17:05
Subject: U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years
Anonymous wrote:
Big money isn't the average American. All polling shows a clear concern about inflation.
I'm not sure what your point is?
Big money is smart money. IOW, inflation isn't going to be an issue. It is right wing talking point de jour.