Posted on 05/01/2022 8:53:33 AM PDT by ChicagoConservative27
No green stamps
19.9.
Silver backed money?
The congress spends money. Its what they do. Its how they buy votes and pay off their financial backers. Interest rates don't curtail them in the least. Both parties love to spend. Their game goes on regardless. That's why we have a ridiculously unpayable national debt of $30 trillion.
"The fall in inflation will take people by surprise."
The RATE of inflation may slow but inflated prices on most consumer items don't retrace back down by much, if at all. Real estate does experience pullbacks at times, but they are an exception and are very location dependent.
"The more money the fed has, helps to create the dumpster fire of sell offs. Thus reducing the impact on prices."
Nonsense. The Fed's balance sheet is up to a previously unthinkable $9 trillion. The Fed spendathon is a major factor in the increasingly painful inflationary era we are living in right now.
"However, there is certainly a sea change in work, especially for younger employees. The driving forces ahead will be boomers dying off, and the ramifications of their inheritances to the younger generations. The younger generations need for toys, ie rv's, boats, 2nd and 3rd homes will part of the narrative's."
Inheriting items is one thing but being able to afford them is another matter entirely. Insurance costs are rising rapidly along with energy/utility and maintenance costs. Property taxes are rising too. It does one little good to inherit toys they cannot afford.
Excessive money printing and debt have profound consequences. Those CPI and PPI headline numbers are cooked and do not come anywhere near reflecting the true state of inflationary pressures bearing down on us. A lot of people are going to get crushed by inflation.
Corn DEC 24@ $6.00/BU
Dems are good at controlling the narrative. They have the media behind them and the weak and clueless Republicans in front of them. It also helps having a dumbed down public that uncritically buys into their propaganda.
You’re right, the Dems will dust off their playbooks right after their November losses. They will blame the pathetic GOP for everything. Situation normal.
LOL.
I hereby nominate your comment for Post of the Day Award.
“ Ryan Detrick, chief market strategist for LPL Financial, thinks it’s likely that inflation has already reached a peak on its own, and that the Fed could start to pull back on interest rates by the second half of the year.”
It’s possible that inflation is now at the peak, but unlikely that the Fed will reduce rates short of a recession.
I used to work with LPL and their forecasts were seldom right and usually leaned Left.
How long do we think the Fed will continue raising rates going into the November elections? When they see the Dems poll numbers crashing they will back off. Just watch. We could easily see more QE between now and then IMO.
As we all know, headlines like this crap will be all over the news from now until the election. Got to brainwash the stupid people before they vote you know!
We haven’t even seen it *peak*, yet. That’s coming later this year.
As long as the printing presses have ink, it’ll continue.
Its an election year, OF COURSE prices will drop and a new plannedemic will emerge AND the DemonRats will be their to Save Us ALL /~s
Three signs that prices could (or could not) soon come down.
Hint: They don’t primarily include a C or two Ns.
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