Daily reminder that inflation will just keep going up and the result of which will culminate in the greatest economic failure of all time.
How many of you retarded retards even know what the purpose of raising interest rates are at the moment and why it isn't doing anything but making things worse?
Yes, inflation is not transitory, is going up, and the rate it is increasing is also increasing. the special economic status enjoyed by the United States for the last seventy years is ending. Because the US economy had globalized (invested money and traded with every country), the decoupling collapse anticipated will be global, long lasting, and severe. it is highly likely to produce wars, and in fact, already has in Ukraine.
Oh, some illiterate poltard is stroking his slobby trucker cock at the thought of all the egg heads being proven wrong..
Don't forget they don't count food, fuel, or housing so they can artificially bump that number down as much as possible.
Real inflation is about 20% or higher.
>eggheads
>trust the experts
The current monetary policy is being driven by the belief that "households have an overabundance of money" and that by driving interest rates up they can temporarily reduce the "high demand" for goods, allowing supply to catch up and stop the all the competition for parts in the supply chain that are driving up costs. This is bullshit of course and another Biden blunder in a long line of fuck ups.
Zimbabwe here we come. Hold on to your butts.
A big problem comes from how they assess "growth", which in the Western world has become so ensnared in speculative trading that it's lost all meaning. Which is why even we move into a recession (which we will), we can have negative GDP growth and the inflation will just keep rising because it hasn't addressed the real root of the problem.
The fact of the matter is that households don't have money as they just pulled the claim out of their asses. The fact that everything is getting more expensive is forcing people to work harder to stay above water. This is driving real output and maintaining excessive demand for intermediate goods needed for production. This is where all the excess costs develop, when you have to compete to get parts you're willing to pay more, when there's a lack of supply of parts you're willing to shell out more overhead for stock, when there's part shortages you can no longer get them all from the same place as before which means you have to pay shipping costs from multiple vendors where before it used to be bundled as one shipment. All of these little costs get tacked onto the value of the final product, which again because of part shortages they can't get as many finished products to market, this again leads to scalping and overpaying.
So what we're going to see is high inflation crash speculative markets, especially housing, and GDP to shift negative all around the Western world. The idea of shifting to globalism for collective gain also leads to collective pain and nobody ever bothered to care about it because "gotta get that growth, gotta go fast!". You'll have to keep paying more for your goods though because the reduction in GDP has hit meaningless markets. The markets that have been hit are the ones where people are holding all their life savings, and I'll of them are going to get wiped clean, there will be no safe assets.
things cost 40-60% more than they did a year ago, and gas has doubled.
>the result of which will culminate in the greatest economic failure of all time.
STOP. My dick can only get so hard!
Anyone in the media claiming that things are getting better soon or that the supply chain issues have mostly cleared up is taking out their asses. Stock of critical manufacturing parts has been sitting at rock bottom for months and the real problems are only now beginning to surface which is why you're going to see inflation rates really start to take off now. Some people point to the large amount of money printing during the pandemic as the problem, which it is, but it's not the current main driver. The effects of the money printing are going to exasperate things even further with a worse unfixable problem dumped on the shit heap that we're going to feel over a longer period of decades.
Essentially what's happening now is that industry has had to deal with so many months of not having parts that they've also exhausted their ability to substitute parts for others at a reasonable price. The substitutes are now becoming so expensive there's just no choice but to raise up prices, there's no more corners left to cut or losses to hold out on.
How many retarded retard canadians obsess over america daily? Give a percentage estimation please.
The 10 minus 2 yield curve has double tapped. Game OVER.
We're in a globalized market now, so we have to talk about America because it's the biggest entity and the best benchmark for determining the fate of the entire Western world. We're all on the same sinking ship right now.
Speaking of sinking ships. Did you know the cost of shipping from China to the US has barely even budged. Did you know Biden's retarded plan of fining ships for not being able to unload quickly hasn't done anything at all. The plan of that stupid asshole was to just scare the ships out of US waters and have them wait outside of eyesight solely as a PR move so media would stop talking about it.
As some of you are aware all of this waiting around in shipping, especially with things like perishable food significantly reduces its shelf life. So when they put perishables on the shelf they're almost going bad already, and that means they have to throw away a lot more product than they used to. That cost has to be taken up somewhere and the grocery store has to take the path of least resistance and distribute the added expense across all items in the store. So again you have to pay more for everything.
Now do M3
Based. Observed. Wounder what the (((core problem))) could possibly be..
So in essence the plan right now is to tank the economy temporarily in hopes of resynchronizing the economy back to a normal state, destroying the wealth of the common man in the process and pressuring you to spend less on basic necessities and hoping you won't work harder to get more money they've made worthless to pay for the things you can already barely afford. The timeframe for this plan is just "until it's done" which you can of course imagine is going to be indefinite until yet another economic failure occurs. Unfortunately, this problem of inflation is very time sensitive and with Joe Biden doing nothing on it we're past the point of no return already.
All this except, to be anal, wages haven't even remotely come close to keeping pase with inflation. If wages increased proportionally with inflation it wouldn't be nearly as bad. The supply issue primarily impacts consumer goods, the real nit buster is housing cost increases... which are a combination of retarded immigration policy driving up demand, foreign investors (which should be illegal) and the fed giving money to Blackrock, which should be a capital crime [sorry about the pun]
>the (((core problem)))
I don't even think most Jews have a plan to harm the goyim. The harm comes as just a byproduct of their existing like any parasite. They use their ethno-nepotism to get opportunities, they get into cushy well-paying positions of power. Whatever happens to the goyim as a consequence of mistakes bares no concern to them.
inflation is exponential, you faggots can't fathom how fucked shit is at the moment. If you haven't got your gold and silver, you WILL be wiped out.