INFLATION

Discussion in 'West Mall' started by Chop, Nov 30, 2021.

  1. Chop

    Chop 10,000+ Posts

    An astute Democratic Party administration would re-label these as the "chemical industry" (which they actually are...) and strongly promote them. There's a big 340k barrel per day oil refinery (chemical plant) in Philadelphia, right by his native Delaware, that currently sits idle.
     
  2. mchammer

    mchammer 10,000+ Posts

    Argentinian bonds?
     
  3. mchammer

    mchammer 10,000+ Posts

  4. mchammer

    mchammer 10,000+ Posts

    • Agree Agree x 1
  5. Chop

    Chop 10,000+ Posts

    Agree on the dollar vs the yuan.

    The world is NOT about to go to the Chinese currency. If you think the dollar can be unstable, you ain't seen nothing yet.
     
    • Agree Agree x 1
  6. Chop

    Chop 10,000+ Posts

    Fed's Williams says Fed needs more rate rises to cool inflation

    "NEW YORK, Jan 19 (Reuters) - Federal Reserve Bank of New York President John Williams said on Thursday the U.S. central bank has more rate hikes ahead and sees signs inflationary pressures might be starting to cool off from torrid levels.

    “With inflation still high and indications of continued supply-demand imbalances, it is clear that monetary policy still has more work to do to bring inflation down to our 2% goal on a sustained basis,”"
     
    • Agree Agree x 1
  7. Chop

    Chop 10,000+ Posts

  8. Chop

    Chop 10,000+ Posts

    • Agree Agree x 1
  9. Chop

    Chop 10,000+ Posts

  10. nashhorn

    nashhorn 5,000+ Posts

    BS Chop, most of them couldn’t care less.
     
  11. Chop

    Chop 10,000+ Posts

    [​IMG]
     
    • Funny Funny x 7
  12. Chop

    Chop 10,000+ Posts

    [​IMG]
     
    • Funny Funny x 2
  13. Chop

    Chop 10,000+ Posts

    If I was Fed Chairman (and it's a good thing I'm not...), I'd probably do a series of 0.25% hikes, only stopping in the Fall. If inflation starts rising after no hikes in the Fall or next Winter, then resume some more 0.25% hikes. Once you're getting close to equilibrium, you don't want to push it too hard either way.
     
  14. Run Pincher

    Run Pincher 2,500+ Posts

    • Agree Agree x 1
  15. Monahorns

    Monahorns 5,000+ Posts

    Energy prices are back up and will continue because of Biden's policies. So nothing good there.
     
    • Agree Agree x 2
  16. Monahorns

    Monahorns 5,000+ Posts

    If I was Fed Chairman I would set up a runway for ending the Fed and taking money supply out of the hands of a socialistic enterprise.
     
    • Like Like x 2
  17. theiioftx

    theiioftx Sponsor Deputy

    CNN told me yesterday inflation is not an issue. /end thread
     
    • Funny Funny x 4
  18. mchammer

    mchammer 10,000+ Posts

    They are all jawboning about raising interest rates to make sure everyone understands they take inflation seriously. They are doing this to keep stock prices down until the job is done, less a bull market keeps labor rates higher than needed.
     
  19. Chop

    Chop 10,000+ Posts

    Well then, that settles it.
     
    • Funny Funny x 1
  20. HornHuskerDad

    HornHuskerDad 5,000+ Posts

    Apparently no one at CNN buys eggs.
     
  21. Sangre Naranjada

    Sangre Naranjada 10,000+ Posts

    You can tell those CNN people are all raising their own chickens. They have that self-reliant look about them.
     
    • Funny Funny x 2
  22. Horn6721

    Horn6721 10,000+ Posts

    SN I think it is constipation.
     
    • Funny Funny x 2
  23. Sangre Naranjada

    Sangre Naranjada 10,000+ Posts

    I hadn't considered that, but you might be onto something.
     
  24. Facing Addiction

    Facing Addiction 1,000+ Posts

    [​IMG]
     
    • Funny Funny x 4
  25. Chop

    Chop 10,000+ Posts

    They don't need to. They so often have egg all over their faces. Somebody must be really giving it to them.

    [​IMG]
     
    • Winner Winner x 1
  26. Chop

    Chop 10,000+ Posts

    Well, da yoots ain't going around da neighborhood egging cars much deese days...
     
  27. Chop

    Chop 10,000+ Posts

    Free stay in a suite at the Hotel ZaZa with the purchase of two breakfasts with omalettes.
     
    • Funny Funny x 1
  28. Chop

    Chop 10,000+ Posts

    From Davos, Switzerland:

    Chairman Xi of the Chinese Communist Party begs the US Fed, and other Western economies--please don't hike interest rates...


    London/Tokyo/Sydney | Chinese President Xi Jinping has urged the West not to increase interest rates because he fears it will stoke capital outflows from his slowing economy while

    triggering an emerging market crisis among many of the developing countries Beijing has lent money to...


    Hong KongCNN Business —
    China is urging central banks in the West not to hike interest rates too fast to fight inflation as it goes in the other direction to battle a sharp economic slowdown.


    Xi Jinping urges Western nations not to raise interest rates

    Xi Jinping urges West not to 'slam the brakes' by hiking interest rates too quickly | CNN Business

    China’s Xi Doesn’t Want the Fed to Raise Rates Either

    [​IMG]
     
  29. Monahorns

    Monahorns 5,000+ Posts

    Chop, so what you're saying is that raising interest rates is a win-win.
     
  30. Chop

    Chop 10,000+ Posts

    China is in big trouble on a number of fronts.
     
    • Agree Agree x 2

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