Author Topic: Inflation Is Under Control, Aside From All This Inflation  (Read 20488 times)

rcjordan

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #30 on: September 16, 2021, 01:41:57 AM »
UK posts the biggest jump in annual inflation on record - ABC News
https://abcnews.go.com/Business/wireStory/uk-posts-biggest-jump-annual-inflation-record-80029966

rcjordan

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #31 on: October 13, 2021, 03:58:39 PM »
Well, I get some of my 'real' income loss due to inflation back.

Social Security COLA largest in decades as inflation jumps - POLITICO

https://www.politico.com/news/2021/10/13/social-security-cola-boost-515878

ergophobe

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #32 on: October 18, 2021, 12:25:12 AM »
Is higher inflation cause for concern?
Central bankers say they have it under control
https://www.economist.com/news/2021/10/08/is-higher-inflation-cause-for-concern
1 in 5 dollars in circulation were created in 2020

Inflation was underestimated; now overestimated.
https://www.economist.com/news/2021/10/08/is-higher-inflation-cause-for-concern





Brad

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #33 on: October 21, 2021, 12:43:16 PM »

rcjordan

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ergophobe

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #35 on: November 13, 2021, 02:17:17 AM »
New term from the team at Planet Money: skimpflation

https://www.npr.org/sections/money/2021/10/26/1048892388/meet-skimpflation-a-reason-inflation-is-worse-than-the-government-says-it-is

This is 100% correct. Talking to a hotelier a couple months ago. He said that since they don't have staff, they can't fill anyway. So though demand was down, prices were the same... with fewer services. Instead of the dozen people in Guest Rec, they had two.

ergophobe

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #36 on: November 13, 2021, 04:31:18 AM »
The used-car conundrum
A handful of items are driving inflation in America
Our new measure shows that this portends lower inflationóbut not enough for the Fed to lower its guard


https://www.economist.com/graphic-detail/2021/11/06/a-handful-of-items-are-driving-inflation-in-america

rcjordan

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #37 on: November 18, 2021, 07:06:05 PM »
> Inflation Is Under Control


`The inflation genie is out of the bottle' as consumer sentiment takes a hit and Californians pay $12 for a regular burrito - MarketWatch

https://www.marketwatch.com/story/the-inflation-genie-is-out-of-the-bottle-as-consumer-sentiment-takes-a-hit-and-californians-pay-12-for-a-regular-burrito-11636747851

rcjordan

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #38 on: November 30, 2021, 07:09:54 PM »
>under control

Debbie says Omicron is something of a scapegoat. Inflation -significant inflation- has been baked in according to old school economics.

Inflation may keep rising next year, in part due to COVID-19 Omicron variant, Fed Chair Jerome Powell tells Congress - CBS News
https://www.cbsnews.com/news/inflation-covid-omicron-variant-covid-jerome-powell-federal-reserve-congress/

rcjordan

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #39 on: December 10, 2021, 07:01:31 PM »
Like water on a magnesium fire...

Biden: Highest inflation in 39 years means Congress must pass $2T spending bill

That's not how it works, Joe.