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re: U.S. Oil Production Growth’s Path Is Clear

Posted on 1/16/23 at 10:58 am to
Posted by fallguy_1978
Best States #50
Member since Feb 2018
53091 posts
Posted on 1/16/23 at 10:58 am to
Agreed. We kept rates artificially low for almost 15 years.
Posted by WildTchoupitoulas
Member since Jan 2010
44071 posts
Posted on 1/16/23 at 11:06 am to
quote:

still waiting. 2 years, is that not enough time to change/shift policy to ease inflation whether it's the short term or long?

Inflation will ease once we have our markets flooded with cheap chinese shite again.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40279 posts
Posted on 1/16/23 at 11:22 am to
quote:

still waiting tho. 2 years, is that not enough time to change/shift policy to ease inflation whether it's the short term or long?


Over the past 100 years, when inflation rises above 5% it typically dips back below 5% by year 3, so this would be the year that history suggests it goes back down.

However, 1973-1975 and 1977-1981 both took longer than 2ish years to go from above 5% to back below 5%.
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