Author Topic: Is Hyperinflation On The Horizon? (Read 154000 times)

Ver hut gazugt · « **Reply #1160 on:** March 28, 2022, 03:06:27 PM »

Quote from: 4yourinfo on March 28, 2022, 02:53:15 PM

Doesn't Biden have control over the Fed?

no. It was created in a way that it would be separated from politics

aygart · « **Reply #1161 on:** March 28, 2022, 03:41:49 PM »

Quote from: ExGingi on March 28, 2022, 02:40:19 PM

https://twitter.com/jdmiser/status/1508489934042279937

Like have a choice "Federal Reserve monetary policy" so the person can say gezundheit?

ExGingi · « **Reply #1162 on:** March 28, 2022, 03:55:12 PM »

Quote from: Euclid on March 26, 2022, 10:20:25 PM

https://twitter.com/davehcontrarian/status/1507904512371081218?s=21

Who is this guy?

Here's a rather short term call of his:

https://twitter.com/DaveHcontrarian/status/1508531481488109573

yelped · « **Reply #1163 on:** March 28, 2022, 08:52:43 PM »

Quote from: ExGingi on March 28, 2022, 02:40:19 PM

https://twitter.com/jdmiser/status/1508489934042279937

Amazing to see that 3/4 are for sure wrong answers. They're not "the most" to blame for rising prices.

ExGingi · « **Reply #1164 on:** March 29, 2022, 05:00:57 PM »

Just in time for Pesach (and we thought we were all clear after the major avocado scare several weeks ago).

https://twitter.com/chigrl/status/1508812697202216972

ExGingi · « **Reply #1165 on:** March 29, 2022, 05:03:21 PM »

https://twitter.com/Jkylebass/status/1508907257479712771
https://twitter.com/Jkylebass/status/1508908242289713161

ExGingi · « **Reply #1166 on:** March 29, 2022, 08:57:24 PM »

Quote from: ExGingi on March 28, 2022, 03:55:12 PM

Here's a rather short term call of his:

https://twitter.com/DaveHcontrarian/status/1508531481488109573

And the extreme opposite opinion:

https://twitter.com/henrikzeberg/status/1508706654220656644

I guess the one thing they both agree about is that it doesn't go sideways.

aygart · « **Reply #1167 on:** March 30, 2022, 08:53:50 AM »

Feb 2021
https://www.washingtonpost.com/opinions/2021/02/04/larry-summers-biden-covid-stimulus/

Mar 2022
https://www.washingtonpost.com/opinions/2022/03/15/fed-powell-fight-inflation-interest-rate-hike/

https://www.nytimes.com/2022/03/29/opinion/ezra-klein-podcast-lawrence-summers.html

ExGingi · « **Reply #1168 on:** March 30, 2022, 10:41:37 AM »

Quote from: aygart on March 30, 2022, 08:53:50 AM

Feb 2021
https://www.washingtonpost.com/opinions/2021/02/04/larry-summers-biden-covid-stimulus/

Mar 2022
https://www.washingtonpost.com/opinions/2022/03/15/fed-powell-fight-inflation-interest-rate-hike/

https://www.nytimes.com/2022/03/29/opinion/ezra-klein-podcast-lawrence-summers.html

Can we please get the CliffsNotes of the above?

ExGingi · « **Reply #1169 on:** March 30, 2022, 10:44:28 AM »

A sure way to crush inflation, better than any tool the Fed has. Let oil prices remain high, that will definitely slow down an overheated economy (and might be what did it in Volcker's times)

https://twitter.com/DiMartinoBooth/status/1509161896548741124

ExGingi · « **Reply #1170 on:** March 30, 2022, 11:10:07 AM »

https://twitter.com/Schuldensuehner/status/1509140445024198658

CountValentine · « **Reply #1171 on:** March 30, 2022, 11:30:28 AM »

Quote from: ExGingi on March 30, 2022, 11:10:07 AM

That means?

yesitsme · « **Reply #1172 on:** March 30, 2022, 09:01:22 PM »

Quote from: CountValentine on March 30, 2022, 11:30:28 AM

That means?

Nothing

aygart · « **Reply #1173 on:** April 05, 2022, 11:41:57 PM »

Quote from: aygart on March 30, 2022, 08:53:50 AM

Feb 2021
https://www.washingtonpost.com/opinions/2021/02/04/larry-summers-biden-covid-stimulus/

Mar 2022
https://www.washingtonpost.com/opinions/2022/03/15/fed-powell-fight-inflation-interest-rate-hike/

https://www.nytimes.com/2022/03/29/opinion/ezra-klein-podcast-lawrence-summers.html

The Washington Post: Opinion | My inflation warnings have spurred questions. Here are my answers..
https://www.washingtonpost.com/opinions/2022/04/05/lawrence-summers-inflation-warnings-questions-and-answers/

The Fed might be late, but it is now doing what you want and raising rates above neutral levels. Why can’t you be satisfied?

First, it is not raising real rates above the neutral level. On the Fed’s forecasts, real rates — interest rates adjusted for inflation — will be negative and well below their neutral level for this year and next. On market forecasts, real rates will not reach zero, let alone their neutral level, within the next decade.

yesitsme · « **Reply #1174 on:** April 06, 2022, 12:27:54 AM »

grape juice in bingo went from 3.79 to 4.20 IIRC

ExGingi · « **Reply #1175 on:** April 07, 2022, 06:19:30 PM »

I just shipped a UPS Next Day Air Saver letter using corporate negotiated rates. Paid $16.56. I used to pay around $10.

AsherO · « **Reply #1176 on:** April 07, 2022, 08:01:58 PM »

Quote from: ExGingi on April 07, 2022, 06:19:30 PM

I just shipped a UPS Next Day Air Saver letter using corporate negotiated rates. Paid $16.56. I used to pay around $10.

If it’s negotiated rates and the company’s UPS volume went down, that could affect rates as well

ExGingi · « **Reply #1177 on:** April 07, 2022, 08:41:09 PM »

Quote from: AsherO on April 07, 2022, 08:01:58 PM

If it’s negotiated rates and the company’s UPS volume went down, that could affect rates as well

I am sure eDelivery and electronic document signing took away from the shipping volume, but I doubt it is that much of a difference.

ExGingi · « **Reply #1178 on:** April 09, 2022, 11:15:01 PM »

https://twitter.com/jeffsnider_aip/status/1512863524044910605

https://twitter.com/jeffsnider_aip/status/1512863535315013641

aygart · « **Reply #1179 on:** April 10, 2022, 12:47:51 AM »

https://www.cnn.com/2022/04/09/business/food-fuel-prices-political-instability/index.html