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A reasonable amount of time, given the exploding demand and damaged supply chains we're experiencing.What about speed of inflation? How long did it take for 6%?
Um, goods and services.Where did the explosive demand come from? Demand for what?
Um, goods and services.
Do I really need to explain this?
I'm done trying. I have to analyze this crap for my profession, and trying to break through the mind of these people is pointless.You might have to for those who believe that inflation is caused only by:
a. Democrats
b. Minimum wage
You don't need to break through anything, because you just invent some kind of fabulous demand, you don't even know what exactly, for what goods the demand could increase.I'm done trying. I have to analyze this crap for my profession, and trying to break through the mind of these people is pointless.
I think I'll go with my training, my education, my 21+ years of experience, and the perspectives of people in my profession.Mac1958 By the way, in itself, your statement that demand causes inflation is also doubtful. In order to buy money is needed, therefore the demand for money should also grow if consumption increases. This cannot be the cause of inflation.
Have you surpassed Soros yet? Your experience does not mean anything, only fools and scammers are sitting in the economics and financesI think I'll go with my training, my education, my 21+ years of experience, and the perspectives of people in my profession.
But you're free to think whatever you want.
It's catastrophic! Catastrophic, I say!
If that's the case, then inflation can be cured by sucking money out of the economy.Mac1958 Typically, inflation occurs when the Fed turns on the printing press and the government pours that money into the economy.
Well, analyze this:I'm done trying. I have to analyze this crap for my profession, and trying to break through the mind of these people is pointless.
Well, analyze this:
Economic high inflation highest in 4 decades. Starts at 28 seconds after other rotten news.
Apparently radicals in Congress have been printing too many billions if not of dollars.
No gold standards here.
We're looking at another 5.1 trillion plus interest.