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re: So did the fed really fix inflation or did the supply chain problem etc just fade out
Posted on 2/6/24 at 5:41 am to TutHillTiger
Posted on 2/6/24 at 5:41 am to TutHillTiger
Inflation:
Whether you are doing 65mph or 45mph as long as you are moving you are making distance. The only difference is the rate.
If inflation rate is 3.5% and goes down to 3.25% it's still moving up just not as fast.
Whether you are doing 65mph or 45mph as long as you are moving you are making distance. The only difference is the rate.
If inflation rate is 3.5% and goes down to 3.25% it's still moving up just not as fast.
0
Posted on 2/6/24 at 5:56 am to Chucktown_Badger
There is a feeling that some deflation may be warranted. Producers inflated their prices due to supply chain issues, and while those issues have subsided, they haven’t adjusted prices accordingly. They have the ability to reduce margins to pre-Covid levels, but they haven’t done that yet.
Posted on 2/6/24 at 6:13 am to TutHillTiger
I hate the fed. We need to end the fed.
That said, at least they finally got aggressive with rates.
If they would leave them in a moderate range (historically where they are now) AND stop spending like a drunk sailor (which they won’t) - we could dig out of this.
That said, at least they finally got aggressive with rates.
If they would leave them in a moderate range (historically where they are now) AND stop spending like a drunk sailor (which they won’t) - we could dig out of this.
Posted on 2/6/24 at 7:44 am to Lickitty Split
Some truth in your comments, but wages would need to decrease. The majority want prices to go down but not wages. Not likely.
Posted on 2/6/24 at 8:35 am to slackster
quote:
This board’s understanding of the economy and inflation is so warped by politics we actually have people that think deflation would be a good thing.
This!
Posted on 2/6/24 at 9:32 am to OWLFAN86
Prices aren’t up. It’s the “new normal” and people just go along with it instead of saying “no.” If wallets were closed for a bit, prices would come down.
Posted on 2/6/24 at 10:49 am to 3nOut
quote:
We had something like 6-8 months or something of negative gdp and people kept saying it wasn’t a real recession because the stock market was good.
Correct, but, a few tech stocks towing the Dow up, does not mean the thousands of secondary stocks are rocking too. groceries are still double, and gas is up 50% since Brandon got more votes than existing voters could cast.
Posted on 2/6/24 at 10:50 am to Hangit
Yep this country is heading for real economic pain imo
Posted on 2/6/24 at 10:54 am to JohnnyKilroy
quote:
And you actually want deflation?
It's going to happen at some point. Wanting and predicting aren't the same things.
Separate or dial economies will eventually occur.
Posted on 2/7/24 at 11:11 am to imjustafatkid
Of course. Deflation is absolutely needed right now. Goods have increased at a much higher pace than wages.
______________________
Wages will be affected if deflation occurs. Just think of the complaints if folks start getting 0% raises.
Maybe that is how the swamp is truly drained. Voters will blame politicians. Lol.
______________________
Wages will be affected if deflation occurs. Just think of the complaints if folks start getting 0% raises.
Maybe that is how the swamp is truly drained. Voters will blame politicians. Lol.
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