If I like my transitory inflation, can I keep it?

Bob_C

https://www.marketwatch.com/story/high-u-s-inflation-is-going-to-last-awhile-fed-bostic-says-11634060894

UW_Doog_Bot

A whole hell of a lot more worried about deflation at this point. Choosing between the two, I'll take stagflation any day.

46XiJCAB

BidenBros, care to comment and defend your vote. I hear you're big on people defending who they vote for.

PurpleThrobber

Mostly peaceful runaway inflation and fucked up supply chain

46XiJCAB

We have a POTUS that doesn't know the meaning of the term, Supply Chain.

WestlinnDuck

UW_Doog_Bot said:

A whole hell of a lot more worried about deflation at this point. Choosing between the two, I'll take stagflation any day.

Deflation would occur in two asset classes - stock and bonds and residential housing in major cities and suburbs. All currently in an unsustainable bubble. I'll choose a full employment economy and low inflation like in February 2020. We have no political will in this country (largely due to the electorate) to eliminate deficit spending (or control it) and to stop printing money. So, outside select asset classes, inflation is now baked in and the economy will continue to suck as we import millions of legal and illegals and stick them on welfare.

SFGbob

46XiJCAB said:

We have a POTUS that doesn't know the meaning of the term, Supply Chain.

Yes, but we have a transportation secretary and a VP that can both suck a mean cock. Diversity is our strength.