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Author Topic: Inflation Is Under Control, Aside From All This Inflation  (Read 40349 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
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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
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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




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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 »
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rcjordan

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #34 on: November 10, 2021, 11:14:57 PM »
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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.
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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 inflation—but 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
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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
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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/
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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.
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Brad

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #40 on: February 22, 2022, 11:13:03 PM »
The Dirty Secret of Inflation: Corporations Are Jacking Up Prices and Profits

Quote
The US Department of Commerce reported at the end of December that corporate profit margins had hit the highest level in 70 years. You’ll hear a lot of complex, and often conflicting, explanations for why this is happening now.

https://www.thenation.com/article/politics/inflation-price-gouging/
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littleman

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #41 on: February 23, 2022, 06:36:04 AM »
This cynic in me is telling me that the changes in our Covid policies has more to do with inflation than anything else.
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Brad

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #42 on: February 23, 2022, 12:50:22 PM »
Some price hikes are legit due to material costs going up.  But these higher costs should be temporary.

But for a lot of it, companies price their goods by "what the market will bear" and they are jacking up prices to see how high they can get away with.
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Rupert

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #43 on: February 23, 2022, 04:32:30 PM »
In Europe Gas and oil is just going up again... cause.... Russia.
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littleman

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Re: Inflation Is Under Control, Aside From All This Inflation
« Reply #44 on: February 23, 2022, 05:00:35 PM »
>Russia

Yep, that's going to be a new global disruptive force.  How bad is it going to get?  I feel like this one has a lot of negative potential.
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