Inflation only cools if prices actually drop. What we see are prices increasing at a slower rate. That is continued inflation not cooling inflation.
No they are not. They are up 50% to 100% retail on the shelves. Production costs might only be up 25%, but not after the price gouging markups at retail.
If your costs only go up 25% and you mark it up 100% it is price gouging by the very definition.
Money growth has been slowing since the tightening started. But we are still adding $2 trillion to the debt every year. That will start swinging the M2 up as the interest rate hikes slow/stop/reverse.
4 years from now...we will be looking at a $50T debt.
I walked past a $7 box or Raisin Bran normal size yesterday.