INFLATION--FED announces 0.50% interest rate cut
- Thread starter Chop
- Start date
AC
2,500+ Posts
Supply of Labor? That won't be a relevant financial conversation for a while. After were gone. I know demographic birth rates are down globally. That would take 25 + years to have a major impact. It will though. I'll be retired or dead.
AC
2,500+ Posts
Labor demand matters.
Apparently this guy reads my posts on Horn Fans:
Is It A Good Thing For Ordinary Americans If The US Loses Reserve Currency Status? | ZeroHedge
Is It A Good Thing For Ordinary Americans If The US Loses Reserve Currency Status? | ZeroHedge
This website is a real think tank, used by policy makers to find good ideas.
Monahorns
10,000+ Posts
Chop, this may not be better to you. But the article originally came from somewhere else. I consider it the best website on economics and politics in the world.
It's a Good Thing for Ordinary Americans If the US Loses Reserve Currency Status | Ryan McMaken
It's a Good Thing for Ordinary Americans If the US Loses Reserve Currency Status | Ryan McMaken
Crude is up from a low of $68.56 so gas prices will be climbing to back over $3 soon. One-day commodity moves mean very little.
AC
2,500+ Posts
Maintaining a broken, corrupt system that creates crimes against humanity, is good for no one. A new system is coming which is much better!
AC
2,500+ Posts
$3.19-$3.39 in SW Houston. This week.
AC
2,500+ Posts
Yes, Mises Institute teaches hard money! Everyone needs to learn what money actually is. It’s scary how few, even successful people don’t know what money is! Zero hedge is just entertainment. I write better articles than zero hedge!
It's beginning to look that way...
3-3.5% inflation by Fall doesn’t qualify as stagflation, particularly when wages are increasing and interest rates are above 5%. Sound money!
This article says rising prices at the grocery store are due to 3 things:
- higher raw material cost
- higher labor wages
- higher demand.
mc,
Thank you for that post. I always appreciate the viewpoint of National Public Radio and their experts. In this case an expert of inflation with her degree in literature from Princeton. I have found that liberal English majors make the best business analysts.
Thank you for that post. I always appreciate the viewpoint of National Public Radio and their experts. In this case an expert of inflation with her degree in literature from Princeton. I have found that liberal English majors make the best business analysts.
I credit her for at least talking to some sensible right leaning economists.mc,
Thank you for that post. I always appreciate the viewpoint of National Public Radio and their experts. In this case an expert of inflation with her degree in literature from Princeton. I have found that liberal English majors make the best business analysts.
It is not #3. The utility measurement for food has not changed since before the covid crisis.
Statalyzer
10,000+ Posts
Remember, "inflation is lowering" can be technically accurate, since inflation is a rate of increase. If it still increases, just slightly slower than before, then technically speaking, it lowered.
So I should be happy if my grocery bill for this week increased less than it did the prior week?
So I should be happy if my grocery bill for this week increased less than it did the prior week?
If a Democrat is in the White House and seeking reelection, then yes.
If I were to vote for the Democrat whose policies and actions are responsible for the runaway inflation, then I would be ratifying his policies and thus voting for continued inflation. No, thanks - think I'll prefer to vote for a GOP candidate and better policies.
Monahorns
10,000+ Posts
The inflation was caused by Trump's covid relief programs first and worsened by Biden's continuation of that policy.
I was being sarcastic, HHD.
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