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

Posted on 5/12/21 at 9:30 am to
Posted by Triple Bogey
19th Green
Member since May 2017
5995 posts
Posted on 5/12/21 at 9:30 am to
quote:

I’ve got a decent amount of faith in the Fed,


I used to, but I think it is reckless for them to be tying their tapering goals to something like unemployment numbers.

quote:

When every single John Doe is talking about inflation, I’m not worried about it


People are talking about it because its visible and obvious. I'm not worried about it in a sense, but I need to do something with this cash if it is going to continue to be worth less and less each day. I think that's the surge you're seeing in hard assets like real estate and commodities. People are hedging themselves against it.
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