re: Fed hides weekly M1 supply, says "money doesn't matter"

Clown

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Strannix

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Ahh, my favorite poster, the guy that seems to think this is all Biden’s fault.

“Behaved” is a vague term, I have no clue what it means.

There were some that thought transitory inflation meant we’d see a period of deflation and prices would come back to 2019 levels. Absolutely not going to happen.

Others just thought it meant we’d get back to nominal 2% and deal with the price increases as cost of doing business in saving the economy during COVID. I also doubt that. This school of thought really hitched its wagon to seeing some sort of inflection downwards in September’s read. Now we just push it out yet another month and keep using the word “transitory”

I don’t think the American public is buying the word “transitory” for a second anymore, and when people expect inflation they make purchases and pull out low interest debt that act as inflation hedges which essentially makes it a positive feedback loop, in my opinion.

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“Behaved” is a vague term, I have no clue what it means.

There were some that thought transitory inflation meant we’d see a period of deflation and prices would come back to 2019 levels. Absolutely not going to happen.

Others just thought it meant we’d get back to nominal 2% and deal with the price increases as cost of doing business in saving the economy during COVID. I also doubt that. This school of thought really hitched its wagon to seeing some sort of inflection downwards in September’s read. Now we just push it out yet another month and keep using the word “transitory”

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I think inflation over the next 9 years will be 2.5% annualized or lower.

If it’s 5.4% now, and let’s say it’s 3.5% next year, that means I’m expecting 2% or so for the next 8 years to hit that <2.5% 10-yr number.

Jobs report comes up looking like shite; Fed can’t taper it’s asset purchases or raise rates

CPI comes in hot and hotter than expected; Fed has to taper and plan to raise rates

Classic sweaty dude with two button meme. Keep the money flowing, Jerome

the job thing is a cultural shift that was explained away by "enhanced unemployment"

they do not know what to do now that many people realize they were being exploited for their labor

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Jobs report comes up looking like shite; Fed can’t taper it’s asset purchases or raise rates

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I don’t believe the September jobs number will impact their decision to taper. Private payrolls were solid enough.

Since the circle jerk stopped I thought I'd jump in here

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I don’t believe the September jobs number will impact their decision to taper. Private payrolls were solid enough.

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The Federal Reserve has not changed their mandate and structural employment has permanently shifted down and the rate of change is negative for consumer prices. Why would they be tappering? The only thing to add on to it is the TGA is drained so just another variable. You can't ease if there's nothing to ease

I have a really hard time they taper faster than GFC1. They can sit on disinflation for several years if they need to. Demand is really the issue right now --They won't pull back stimulus knowing they have no help from Congress (potentially). You're already seeing GDP estimates pulled down with no signs of improvement on the supply side. We'll see the taper tantrum round two is going to be lit.

Janet Yelllen and her ilk live in a fantasy land, they dont understand basic economics