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re: CPI increase came in at 4.2% vs expected 3.6%.

Posted on 5/12/21 at 8:05 am to
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41228 posts
Posted on 5/12/21 at 8:05 am to
Man, y’all have a lot of faith in the gov’t to control the largest, most complex economy the world has ever seen. What have they done over the last several decades to convince you they won’t frick it up?
Posted by slackster
Houston
Member since Mar 2009
85148 posts
Posted on 5/12/21 at 8:11 am to
quote:

Man, y’all have a lot of faith in the gov’t to control the largest, most complex economy the world has ever seen. What have they done over the last several decades to convince you they won’t frick it up?


I’ve got a decent amount of faith in the Fed, but more than anything, I believe the public is wrong the most. When every single John Doe is talking about inflation, I’m not worried about it. History shows the public is woeful at predicting this stuff.
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