Pause a moment to appreciate that all of humanity pulled together to kick the pandemic's ass, and as of today it seems certain we will succeed.
Apparently the #GoldenAge was testing us to see if we are worthy.
We passed.
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We've been broadly printing money since at least 2008https://en.wikipedia.org/wiki/Quantitative_easing#US_QE1,_QE2,_and_QE3 …
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Money wasnt circulating it was just getting stuck at the the top so we had to artificially send money back to the consumers. People at the top are much richer now because of it but hopefully they invest it wisely and we are better off for the debt.
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A man fell off a fifty story building and as he passed the second floor on the way down he thought, "Everything seems to be going fine so far."
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I wonder why you think inflation is under control. Gas prices up. Food prices up. Technology prices up. Rent increasing.
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Depends what you put in the CPI basket whether you see inflation there or not. Curate that well enough and we're lookin good
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Smells like a Taleb turkey problem
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Don’t be naive...
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We'll see! We can't predict the future but Powell warned about rising inflation on the horizon (again).
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That's not what I'm hearing (and I could be wrong and I hope I am). It seemed like the market last week was reacting as though inflation is imminent
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