Is Hyperinflation On The Horizon?

[AsherO]

https://twitter.com/TheStalwart/status/1630931181356175360

The lack of circulation for $2 bills, makes for parents to jump from $1 straight to $5, with some parents at the high end of the range jumping from $5 to $10.

[chinagel]

The lack of circulation for $2 bills, makes for parents to jump from $1 straight to $5, with some parents at the high end of the range jumping from $5 to $10.

You're an economist?

[AsherO]

You're an economist?

Just a critical thinker. Happy to hear other theories.

[chinagel]

Just a critical thinker.

In other words not an economist. (At least that was the tweets point)

[AsherO]

In other words not an economist. (At least that was the tweets point)

Sorry, I didn’t understand your comment.

[ExGingi]

The lack of circulation for $2 bills, makes for parents to jump from $1 straight to $5, with some parents at the high end of the range jumping from $5 to $10.

I never heard about anything other than $1. My youngest has her first baby tooth shaking.

[aygart]

Wait, you guys do the tooth fairy?

[dm123]

Wait, people give their kids bills??

[CountValentine]

I never heard about anything other than $1. My youngest has her first baby tooth shaking.

I gave my kids $5 and that was 25-30 years ago.

[AsherO]

I gave my kids $5 and that was 25-30 years ago.

If you had little kids in 2023 you’d be giving them 20s at least…

[CountValentine]

If you had little kids in 2023 you’d be giving them 20s at least…

I joked about this for my granddaughter. My daughter told me she will put $1 under the pillow and $19 in her account. Told her I will have her husband do it then. 

[chinagel]

Sorry, I didn’t understand your comment.

The point of the tweet, I thought, was that economists are, in a way, idiots. While your reason was much simpler, and realistic, they come up with ridiculous complicated explanations.

[ExGingi]

Wait, you guys do the tooth fairy?

Nope. My kids never heard about that. They hand me the tooth in exchange for a dollar.

[yungermanchik]

https://parenting.kars4kids.org/santa-claus-the-tooth-fairy-and-the-easter-bunny-lies-encourage-parents/

[ExGingi]

[CountValentine]

2 1/2 hours! 

[ExGingi]

2 1/2 hours! 

1. Speed it up on youtube.
2. If you only want the part about inflation, that ends at about 46 minutes in.

[CountValentine]

2. If you only want the part about inflation, that ends at about 46 minutes in.

Thanks but that is 45 minutes past my attention span. 

[ExGingi]

Thanks but that is 45 minutes past my attention span. 

Key takeaways that I took from it are that inflation is rolling over and is heading towards 0 due to demand being crushed.  He defended "transitory inflation" call by saying that it is transitory (as evidenced by it coming down) even though taking longer than some expected.

[WayBackMachine]

demand of what is crushed?
i asked the pharmacy why clear care lens solution is not on the shelves for a while, he responded the reason of all the other items that are not available, you don't ask questions these days, you see it you buy it.