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

Comments

  • UW_Doog_Bot
    UW_Doog_Bot Member, Swaye's Wigwam Posts: 18,206 Founders Club
    A whole hell of a lot more worried about deflation at this point. Choosing between the two, I'll take stagflation any day.
  • 46XiJCAB
    46XiJCAB Member Posts: 20,967
    BidenBros, care to comment and defend your vote. I hear you're big on people defending who they vote for.
  • PurpleThrobber
    PurpleThrobber Member Posts: 48,137 Standard Supporter
    Mostly peaceful runaway inflation and fucked up supply chain
  • 46XiJCAB
    46XiJCAB Member Posts: 20,967
    We have a POTUS that doesn't know the meaning of the term, Supply Chain.
  • WestlinnDuck
    WestlinnDuck Member Posts: 17,658 Standard Supporter

    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
    SFGbob Member Posts: 33,183
    edited October 2021
    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.