CPI jumps 5% in May of 2021, fastest since 2008

Here is the deal . The fed is going to spend the next 27 or so months raising the interest rate to 2 percent or so . Meanwhile the stock markets are most likely to take a dive . While all thats going on there is still going to be inflation , next year a lot of it based on wholesale and mnfg costs now. Wages will be inflated but they are not going to keep up .Poorer people are becoming poorer by the day. Workforce participation and GDP are dismal . Be a good time for people to start doing something for representation that is willing to remove govt from business.
 
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On the ground in Turkey , real inflation about 50 percent . Maybe that will make your 11 or 15 percent easier.
 
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Occam's Banana said:
Because "pandemic" ...

https://twitter.com/jeremykauffman/status/1470878092302368771
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Click to expand...

https://twitter.com/RepThomasMassie/status/1471623771178123270
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I'm enjoying my fresh groud sausage and hashbrowns this morning. Any of you peasants want something , see Danke for current pricing on stale , generic pop tarts.
 
oyarde said:
Here is the deal . The fed is going to spend the next 27 or so months raising the interest rate to 2 percent or so . Meanwhile the stock markets are most likely to take a dive . While all thats going on there is still going to be inflation , next year a lot of it based on wholesale and mnfg costs now. Wages will be inflated but they are not going to keep up .Poorer people are becoming poorer by the day. Workforce participation and GDP are dismal . Be a good time for people to start doing something for representation that is willing to remove govt from business.
Click to expand...

Yup, we're in a tightening cycle, although right now it's just barely less loose. I suspect that my inflation based investments are going to go down until the next loosening cycle. The good news is I don't think this tightening cycle is going to last very long, maybe less than a year. I'm guessing they finish the taper and get in a few .25 rates hikes and then some sort of debt based disaster will occur and they have to drop rates back to zero and launch the biggest QE yet.

The tightening cycles keep getting shorter and weaker, while the loosening cycles are getting longer and stronger. So I'm just going to relax and be patient and wait for this tightening cycle to end.
 
Without the two trillion social spending bill in the senate being added to debt Goldman Sachs revises down estimated GDP growth for first three quarters of 2022 to an avg of 2.5 . Seems a little optimistic to me , I think anything over 2 is.
 
Biden extends federal student loan repayment pause through May 01 . Govt doesnt need the money
 
January is set to be higher than December's 7%. Can't imagine it is any less than that. All other indicators are still rising as we enter the second half of the month.

But yea, this is fine.
 
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