US Consumer Prices Data Set to Show ‘Wave of Disinflation’

[Biff_Poindexter]

We will be lucky to eek-out 2% growth again this quarter.....The new normal under dem "leadership".

GDP numbers have been better under Biden than Trump but don't let that distract you

 

[The5thHorseman]

I defer to your expertise in this area.

For Grifty rubes, turd is like oxygen...

 

[The5thHorseman]

Again, I defer to your expertise.

But yeah - Democrats are continuing to burn the country down, including the economy.

The economy so on fire that the Fed has been trying to choke it out for a year...

You don't handle your own investments, do you?

 

[MinTrut]

For Grifty rubes, turd is like oxygen...

Let me just make a blanket deferral; you seem to be pretty kinky...

 

[MinTrut]

The economy so on fire that the Fed has been trying to choke it out for a year...

^ More kink.

You don't handle your own investments, do you?

I’ve got a hot tip for you...

Vote Trump in 2024.

 

[The5thHorseman]

Let me just make a blanket deferral; you seem to be pretty kinky...

consider what you're being fed, and spitting up....like a Useful Idiot.

 

[The5thHorseman]

^ More kink.

I’ve got a hot tip for you...

Vote Trump in 2024.

Betting AGAINST Grifty made me very good money..

Whenever you see a Supply Side Huckster at the helm, be in cash.....and just wait for the shit to hit.

I had, like, a 4X on APTS

 

[John Edgar Slow Horses]

The next few weeks will be sticky between inflation and growth.

 

[LeroyDumonde]

Cigarette, or Kleenex?

Deflation isn't the falling of prices as Q increase, it is a SUSTAINED FALL in the general price level. This is the consequence of a drop in aggregate demand.

As prices fall, consumers anticipate further reductions and defer purchases.

You're telling me that people defer food purchases, medical expenses, gas purchases for their car to get to work, purchases of utilities, etc. because the price might go down?

 

[The5thHorseman]

You're telling me that people defer food purchases, medical expenses, gas purchases for their car to get to work, purchases of utilities, etc. because the price might go down?

That is EXACTLY what a deflationary spiral is.

 

[LeroyDumonde]

That is EXACTLY what a deflationary spiral is.

That's absurd. No one ever stopped eating because food was too cheap. No one shuts off the lights and TV because electricity is too cheap. No one refuses to take a vacation because hotels and plane tickets are too cheap. Real people, not Keynesian cartoons of people, but more stuff when it's cheap, not less. Deflation causes an increase in aggregate demand.

 

[The5thHorseman]

That's absurd. No one ever stopped eating because food was too cheap. No one shuts off the lights and TV because electricity is too cheap. No one refuses to take a vacation because hotels and plane tickets are too cheap. Real people, not Keynesian cartoons of people, but more stuff when it's cheap, not less. Deflation causes an increase in aggregate demand.

In a deflationary context, your necessities are relatively cheap.....but you wouldn't buy a house, or a car, which means that there is no price signal for.financial assets....this is where Rational Expectation actually applies.

 

[LeroyDumonde]

In a deflationary context, your necessities are relatively cheap.....but you wouldn't buy a house, or a car, which means that there is no price signal for.financial assets....this is where Rational Expectation actually applies.

There's no rational expectation that prices will keep declining.

 

[The5thHorseman]

There's no rational expectation that prices will keep declining.

Deflation doesn't have to be rational, only the response to it.

Were it rational, it wouldn't be the bete noir of central banks.