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re: So what really is the inflation number?
Posted on 12/10/21 at 9:32 am to SlidellCajun
Posted on 12/10/21 at 9:32 am to SlidellCajun
quote:
The question is whether it’s transitory. The government is going to call it transitory until they change their mind.
The fed has already given up on the “transitory” rhetoric. It’s here. It’s going nowhere. We are about to see a historically quick taper and rate increase.
Prepare thy anus.
1
Posted on 12/10/21 at 10:37 am to fjlee90
quote:
The fed has already given up on the “transitory” rhetoric. It’s here. It’s going nowhere. We are about to see a historically quick taper and rate increase.
I hadn’t heard that. I would have thought that there would be a massive sell off in stocks if the fed chair admitted that the inflation was not transitory.
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