INFLATION

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

  1. ViperHorn

    ViperHorn 10,000+ Posts

    Job openings in the U.S. dropped to their lowest level in nearly two years in March and layoffs rose sharply, signs that demand for workers is cooling.
     
    • Agree Agree x 1
  2. Chop

    Chop 10,000+ Posts

    The Fed is expected to hike rates another 1/4 point today. As banks begin to fail, the ice gets thinner.
     
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  3. AC

    AC 2,500+ Posts

    Supply of Labor? That won't be a relevant financial conversation for a while. After were gone. I know demographic birth rates are down globally. That would take 25 + years to have a major impact. It will though. I'll be retired or dead.
     
  4. AC

    AC 2,500+ Posts

    Labor demand matters.
     
  5. AC

    AC 2,500+ Posts

  6. mchammer

    mchammer 10,000+ Posts

    Not when the labor participation rate is at multi-decade lows as it is today.
     
  7. mchammer

    mchammer 10,000+ Posts

  8. mchammer

    mchammer 10,000+ Posts

    67DCE54D-3705-4DA7-BF96-099F4DC09BB6.jpeg
     
  9. mchammer

    mchammer 10,000+ Posts

    Above is best graph I have at moment but I believe you have to go back to the 1970’s to see a lower participation rate.
     
  10. Chop

    Chop 10,000+ Posts

    • Funny Funny x 4
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  11. Monahorns

    Monahorns 5,000+ Posts

    • Like Like x 1
  12. mchammer

    mchammer 10,000+ Posts

    Gas prices under $3 per gal again.
     
  13. ViperHorn

    ViperHorn 10,000+ Posts

    Crude is up from a low of $68.56 so gas prices will be climbing to back over $3 soon. One-day commodity moves mean very little.
     
    • Agree Agree x 2
  14. AC

    AC 2,500+ Posts

  15. AC

    AC 2,500+ Posts

    $3.19-$3.39 in SW Houston. This week.
     
  16. AC

    AC 2,500+ Posts

    Yes, Mises Institute teaches hard money! Everyone needs to learn what money actually is. It’s scary how few, even successful people don’t know what money is! Zero hedge is just entertainment. I write better articles than zero hedge!
     
    • Agree Agree x 1
  17. AC

    AC 2,500+ Posts

  18. Chop

    Chop 10,000+ Posts

    It's beginning to look that way...
     
  19. mchammer

    mchammer 10,000+ Posts

    3-3.5% inflation by Fall doesn’t qualify as stagflation, particularly when wages are increasing and interest rates are above 5%. Sound money!
     
  20. ViperHorn

    ViperHorn 10,000+ Posts

    The reason that interest rates are above 5% is the Fed continues to increase interest rates which fuel the inflation that rages on. (Go to the grocery store if you do not believe inflation is still an issue.)
     
    • Agree Agree x 1
  21. mchammer

    mchammer 10,000+ Posts

    This article says rising prices at the grocery store are due to 3 things:
    - higher raw material cost
    - higher labor wages
    - higher demand.

     
  22. SabreHorn

    SabreHorn 10,000+ Posts

    mc,

    Thank you for that post. I always appreciate the viewpoint of National Public Radio and their experts. In this case an expert of inflation with her degree in literature from Princeton. I have found that liberal English majors make the best business analysts.

    :beertoast:
     
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  23. mchammer

    mchammer 10,000+ Posts

    I credit her for at least talking to some sensible right leaning economists.
     
  24. Run Pincher

    Run Pincher 2,500+ Posts

    It is not #3. The utility measurement for food has not changed since before the covid crisis.
     
    • Agree Agree x 1
  25. Statalyzer

    Statalyzer 10,000+ Posts

    Remember, "inflation is lowering" can be technically accurate, since inflation is a rate of increase. If it still increases, just slightly slower than before, then technically speaking, it lowered.
     
    • Agree Agree x 2
  26. HornHuskerDad

    HornHuskerDad 5,000+ Posts

    So I should be happy if my grocery bill for this week increased less than it did the prior week? :brickwall:
     
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  27. Mr. Deez

    Mr. Deez Beer Prophet

    If a Democrat is in the White House and seeking reelection, then yes.
     
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  28. HornHuskerDad

    HornHuskerDad 5,000+ Posts

    If I were to vote for the Democrat whose policies and actions are responsible for the runaway inflation, then I would be ratifying his policies and thus voting for continued inflation. No, thanks - think I'll prefer to vote for a GOP candidate and better policies.
     
    • Like Like x 1
  29. Monahorns

    Monahorns 5,000+ Posts

    The inflation was caused by Trump's covid relief programs first and worsened by Biden's continuation of that policy.
     
    • Agree Agree x 2
  30. Mr. Deez

    Mr. Deez Beer Prophet

    I was being sarcastic, HHD.
     

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