The coming inflation

[Lesh]

So many got excited by all the promises sloe joe made.....not understanding that no nation can become truly rich by printing money.

Biden's inflation danger: Some economists sound alarm over stimulus plans

Most economists aren't.

Here's Stuart Varney Fox News

"Start with consumer prices, up 0.6% in May. Up 5% year over year -- If you strip out energy and food, the inflation rate for the past year is 3.8%. That's it, 3.8% That's not huge by any means..."

Varney continued, "It's the inflation numbers, and what I'm gonna call relatively restrained inflation numbers. You may be surprised that...The treasury yield it's at 1.519%, which does not suggest we're in for a bout of serious inflation."

 

[Flopper]

So many got excited by all the promises sloe joe made.....not understanding that no nation can become truly rich by printing money.

Biden's inflation danger: Some economists sound alarm over stimulus plans

Most of the inflation we as starting to see is due to pent-up demand and reduced supply due to the epidemic. The situation is slowly improving as more people get back to work. Supply will catch up with consumer demand. What would help more than anything right now would be cutting back on unemployment compensation and curtailing rent moratoriums as republicans have suggested. For many people at the low end of the employment arena, these safety nets are keeping people out the workforce, particular in the service sector. However, this will resolve itself by the end of year as these subsidies go away and industry is able to meet demand. The problem I see over the short term is interest rates. The inflation is putting pressure on the FED to raise the low interest rates which are needed to keep the economy expanding.

 

[kjw47]

The ultra rich are the lowest form of life on earth. Its they who are causing the majority of problems for their brothers. Many will be moving into the streets while they try to add 0.s to their allready massive wealth. Its because they have their puppets in place in politics. Truly a satan run world.

 

[Independent thinker]

So many got excited by all the promises sloe joe made.....not understanding that no nation can become truly rich by printing money.

Biden's inflation danger: Some economists sound alarm over stimulus plans

Old post but you get the crystal ball award, not that any moron with half a brain couldn't have figured this out. But, hey, prophecy is prophecy.

 

[Flopper]

Just this quarter with my dividends i purchased another $6,000 worth of gold and silver. Also i just bought another 400 rounds of ammo...

Three times in my life I have bought gold as a hedge against the coming disaster. Every time, I lost money. Betting against the long term future of the economy is a bad bet.

 

[Flopper]

When weighing federal expenditures on infrastructure, policymakers need to keep in mind that allocating more federal funds to infrastructure might backfire. Here are three ways that could happen:

The “coupon effect”

The prospect of federal funding can dampen state and local funding. While voters overwhelmingly support increased infrastructure spending, their strong preference is that someone else pay for it. This dynamic makes it difficult for state and local leaders (who own 90 percent of governmental infrastructure) to turn to their electorate and ask for a tax or fee increase if the federal government is offering “free” funding.

This dynamic can be called the “coupon effect.” Imagine if shoppers in the market for a new suit were told that there is a small likelihood they will receive a coupon for 80 percent off their next suit purchase. Consumers will rationally engage in what economists call strategic delay and postpone their purchase in the hope of receiving a coupon, even if the chance of getting the coupon is very small. Every time a consumer considers heading to the store and buying a suit, he will ask, “But what if a coupon arrives tomorrow?” As a result, many will continue to delay until their suits (or our infrastructure) become unacceptably shoddy and worn.

In my experience, the prospect of federal funding has this same impact on state and local leaders considering a tax or user fee increase to expand or improve the quality of their infrastructure. This dynamic was clearly apparent in Kentucky in 2014, for instance. That year, a candidate for the U.S. Senate encouraged the communities around the Brent Spence Bridge (connecting Cincinnati and Covington, Ky.) to oppose a toll increase, because if elected, she would get the federal government to pick up the $2.6 billion tab to replace the bridge. Her campaign successfully increased opposition to tolling. Yet five years later, the debate on how to fund the bridge is still unresolved, and the probability of full federal funding is still just about zero (notwithstanding the fact that the state is represented by the Senate majority leader, who is married to the Secretary of Transportation).

While further study needs to be done, the coupon effect could actually result in a net decrease in infrastructure funds, especially when coupled with the challenges of substitution; states and local governments receiving an influx of federal dollars frequently substitute the new federal dollars for funds previously allocated to infrastructure and transfer their dollars to other policy priorities. As a result, a dollar in new federal infrastructure spending does not necessarily result in an additional dollar available for infrastructure.

The current non-federal to federal ratio of infrastructure spending is 3:1. Thus, if a 30 percent increase in federal spending (along with celebrations that the coupon is in the mail) dampened by 11 percent non-federal spending increases, our nation would be left with a net national decrease in infrastructure funding.

(You can read the rest here.)

Local bridges are falling down and highways have been over crowed for 20 years and local and state government have failed to come up with the needed funds. They just patch it up. The last major federal infrastructure legislation was over 60 years ago and it gave us the Interstate Highway system which was well worth the cost.

 

[Markle]

Bridges falling down, potholes that make roads unusable, clogged expressways, the worst rail freight system in the world, water out of the tap that isn't safe to drink, raw sewerage dumping into our lakes and rivers, and power grids that no longer handle emergencies are just going to get worse. We have had very low inflation for about 15 years. A few years of 4 or 5% inflation in order to fix the nations infrastructure is a good trade off. It seems few people realize how important fixing our infrastructure is to the productivity of the nation.

Kindly show us the list of collapsed bridges. As you know, the vast majority of roads in disrepair are local.

Where are the cities pouring raw sewage into our rivers? Cities with poison water? Flint Michigan, as you know, was self inflicted.

Who will suffer the most from the raging inflation we see today and in the future.

In the infrastructure bill, how much goes to infrastructure?

 

[Markle]

Here's Stuart Varney Fox News

"Start with consumer prices, up 0.6% in May. Up 5% year over year -- If you strip out energy and food, the inflation rate for the past year is 3.8%. That's it, 3.8% That's not huge by any means..."

Varney continued, "It's the inflation numbers, and what I'm gonna call relatively restrained inflation numbers. You may be surprised that...The treasury yield it's at 1.519%, which does not suggest we're in for a bout of serious inflation."

Did you REALLY say, "if you strip out FOOD and ENERGY"? You are being facetious, aren't you?

Have not noticed the cost of housing? Or, can we strip that out too?

 

[Deplorable Yankee]

They're really going after fossil fuels to

For the good of all.....pfffft

 

[kjw47]

the problem with greed run capitalism is this
prices double-200 years--double-in 100 years--doubles in 50 years- doubles in 25 years doubles in 12 years-6 years-3 years --It cannot go on like this too many are getting very poor.
capitalism relys on growth. the growth has become ridiculous.

 

[22lcidw]

Kindly show us the list of collapsed bridges. As you know, the vast majority of roads in disrepair are local.

Where are the cities pouring raw sewage into our rivers? Cities with poison water? Flint Michigan, as you know, was self inflicted.

Who will suffer the most from the raging inflation we see today and in the future.

In the infrastructure bill, how much goes to infrastructure?

We are going to have to learn the hard way...again. But each time it gets worse. And to many people who are old enough to remember...forget, while the younger ones never experienced it.

 

[B. Kidd]

Old post but you get the crystal ball award, not that any moron with half a brain couldn't have figured this out. But, hey, prophecy is prophecy.

It'll be cool watching younger muppets paying 22% interest on car loans who never experienced the Carter years!!

 

[Lesh]

It'll be cool watching younger muppets paying 22% interest on car loans who never experienced the Carter years!!

Thank you Chicken Little


You been saying the same shit for two decades

 

[Ivan88]

Deluded, stupid, un-sane Americans have loved war after war that wasted the nation's weath and earned America the Judgements of the Law, such as "those who hate you rule over you." The wealth You cheered being destroyed in those wars, could have rebuilt the world, not just America without DEBT or INFLATION.
No! No! You did not want that!
Your current regime wants to destroy much of your basis for life, and replace it with the Richman's lust for greatly reduced population; You (if your survive) reduced to slavery for imaginative globull, warming, carbon taxes, fake food, climate change in your Communist little apartment where you get cold in the winter, starvation, and lots of suicidal disease from the many injections they want to put in you.

So enjoy your delusions till the pain catches up with you, and down the road you can enjoy oblivion as if you never were.

 

[PurpleJason]

Deluded, stupid, un-sane Americans have loved war after war that wasted the nation's weath and earned America the Judgements of the Law, such as "those who hate you rule over you." The wealth You cheered being destroyed in those wars, could have rebuilt the world, not just America without DEBT or INFLATION.
No! No! You did not want that!
Your current regime wants to destroy much of your basis for life, and replace it with the Richman's lust for greatly reduced population; You (if your survive) reduced to slavery for imaginative globull, warming, carbon taxes, fake food, climate change in your Communist little apartment where you get cold in the winter, starvation, and lots of suicidal disease from the many injections they want to put in you.

So enjoy your delusions till the pain catches up with you, and down the road you can enjoy oblivion as if you never were.

They really have no idea what is coming. I'm going to try and hold out as long as I can, but I fear I'm behind enemy lines.

 

[Ivan88]

They really have no idea what is coming. I'm going to try and hold out as long as I can, but I fear I'm behind enemy lines.

Read Psalms 91, it gives a good description of what is coming. Good Luck & Divine Help on dodging the population elimination fanatics.

 

[Independent thinker]

It'll be cool watching younger muppets paying 22% interest on car loans who never experienced the Carter years!!

Yes, there are a whole lot of similarities between now and then. Carter singlehandedly made Americans forget all about Watergate.

 

[kjw47]

So many got excited by all the promises sloe joe made.....not understanding that no nation can become truly rich by printing money.

Biden's inflation danger: Some economists sound alarm over stimulus plans

..All got excited about free money handed to them. But it was just a planned design to get trillions into the allready super rich pockets. Now they can see it wasnt free and will pay hundreds of x over what they were handed. This world lives in an illusion. Its about to break on them.

 

[boedicca]

the problem with greed run capitalism is this
prices double-200 years--double-in 100 years--doubles in 50 years- doubles in 25 years doubles in 12 years-6 years-3 years --It cannot go on like this too many are getting very poor.
capitalism relys on growth. the growth has become ridiculous.

Inflation isn't growth, swampy.

 

[Flopper]

Kindly show us the list of collapsed bridges. As you know, the vast majority of roads in disrepair are local.

Where are the cities pouring raw sewage into our rivers? Cities with poison water? Flint Michigan, as you know, was self inflicted.

Who will suffer the most from the raging inflation we see today and in the future.

In the infrastructure bill, how much goes to infrastructure?

We generally close bridges before they actually fall down. Typical emergency repairs are made and restrictions are applied to weight, speed limits or lanes closed often creating major bottlenecks. However there have been a number of bridges that have failed since the last major infrastructure legislation killing nearly 400 people. Out of 600,000 bridges in the US 47,000 have been judge structural deficient.
https://www.cnn.com/2018/03/15/us/bridge-collapse-history-trnd/index.html
Bridges.