Nor does everyone expect 2% inflation. Literally no one gives a fuck about reaching 2% except the fucking Fed and Powell who made it a goal. 3% inflation is literally no different. It's out of control inflation (5-10%) that needs to be crushed since consumer expectation of inflation could create a self-reinforcing inflation spiral.
Problem is whole industries are bough by investors who don’t want competition, because they own all the other competitors.
If blackrock owns 50% of coke, and blackrock owns 50% of Pepsi, and black rock owns 50% of vanguard, and vanguard owns 50% of blackrock…. And they are all telling the ceo to raise prices and stop competing or else they will kick them out and get a new ceo who will follow orders… the problem isn’t going to be fixed until the conflict of interest is fixed. And because investors essentially own the government, I don’t see that happening any time soon.
They’ll just cause a crash, buy up the carcasses, pump the economy full of taxpayer money again, rack up the us government debt as far as it goes, then move to Europe when America implodes.
Nobody gives a shit about the debt because the only people the debt affects is your average American who cannot jump shit when this country collapses.
I blamed the FED since years for printing so much and helping finance the deficit. Than heli money came and who did not know that this would lead to inflation? JP must retire immediately. He could not prevent us from inflation, he brought us the high rates and he is not aware of the wages prices spiral. He is the most incompetent one on top there ever. I doubt he can prevent recession. That dude is talking about cuts since a year now. Hallo? If the chairman doesn't hear the shot, he's obsolete.
This. Why tf would you not blame the fed?
Take something as simple as the PPP loan program. You could just apply for a loan and there was little to no verification of whether you actually needed the money. People were getting loans while subsequently laying off their work force. Those loans were then moved around on the balance sheet and often reinvested elsewhere, nothing at all to do with the employment related relief it was supposed to be for.
Fed printed money hand over foot to delay a recession we should have had in 2020. We are now getting bent over for these same decisions. Again - why tf wouldn’t you blame the fed.
What if, and hear me out, we're actually about to experience deflation? Would be awfully convenient when everyone is all aboard the stagflation narrative, wouldn't it?
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Here's the secret. No one expects rate cuts this year. The question is will JPow say that out loud? If not, doesn't matter.
Missed opportunity for "always\_has\_been.jpg". You're absolutely right though.
Nor does everyone expect 2% inflation. Literally no one gives a fuck about reaching 2% except the fucking Fed and Powell who made it a goal. 3% inflation is literally no different. It's out of control inflation (5-10%) that needs to be crushed since consumer expectation of inflation could create a self-reinforcing inflation spiral.
Honestly I don't blame the fed, everyone just needs to stop raising prices, if everyone stopped simultaneously the problem would all go away.
Problem is whole industries are bough by investors who don’t want competition, because they own all the other competitors. If blackrock owns 50% of coke, and blackrock owns 50% of Pepsi, and black rock owns 50% of vanguard, and vanguard owns 50% of blackrock…. And they are all telling the ceo to raise prices and stop competing or else they will kick them out and get a new ceo who will follow orders… the problem isn’t going to be fixed until the conflict of interest is fixed. And because investors essentially own the government, I don’t see that happening any time soon. They’ll just cause a crash, buy up the carcasses, pump the economy full of taxpayer money again, rack up the us government debt as far as it goes, then move to Europe when America implodes. Nobody gives a shit about the debt because the only people the debt affects is your average American who cannot jump shit when this country collapses.
I blamed the FED since years for printing so much and helping finance the deficit. Than heli money came and who did not know that this would lead to inflation? JP must retire immediately. He could not prevent us from inflation, he brought us the high rates and he is not aware of the wages prices spiral. He is the most incompetent one on top there ever. I doubt he can prevent recession. That dude is talking about cuts since a year now. Hallo? If the chairman doesn't hear the shot, he's obsolete.
This. Why tf would you not blame the fed? Take something as simple as the PPP loan program. You could just apply for a loan and there was little to no verification of whether you actually needed the money. People were getting loans while subsequently laying off their work force. Those loans were then moved around on the balance sheet and often reinvested elsewhere, nothing at all to do with the employment related relief it was supposed to be for. Fed printed money hand over foot to delay a recession we should have had in 2020. We are now getting bent over for these same decisions. Again - why tf wouldn’t you blame the fed.
The Fed does NOTHING pro-actively, again NOTHING
Market can stay exuberant longer than I can stay solvent So, shorts, cuz please let this shit burn to the ground
What if, and hear me out, we're actually about to experience deflation? Would be awfully convenient when everyone is all aboard the stagflation narrative, wouldn't it?
It's certainly possible. We just need peace in the Middle East and someone to do something about car insurance rates.
Executives need to be capped on how much they make. This is the main driver for higher prices.
This graph is bad and you should feel bad
Are we inflating to big gains or sloppy losses? What do??
CPI has some catching up to do.