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BofA’s New Inflation Meter Shows Transitory Hyperinflation
Zubu Brothers ^ | 6-17-2021

Posted on 06/17/2021 3:32:53 PM PDT by blam

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1 posted on 06/17/2021 3:32:53 PM PDT by blam
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To: blam

A lot of idiots who voted for biden are going to wish they hadn’t.


2 posted on 06/17/2021 3:34:27 PM PDT by EvilCapitalist (I voted for prosperity, and I got poverty.)
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To: blam

Lol. Some economists cobble together some data and make a pretty graph and that’s supposed to reassure everyone.


3 posted on 06/17/2021 3:37:05 PM PDT by Seruzawa (The political Left is the Garden of Eden of Incompetence - Marx the Smarter (Groucho))
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To: blam

Does this mean tech stocks or cash investments?


4 posted on 06/17/2021 3:42:07 PM PDT by eyedigress (Trump is my President!)
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Comment #5 Removed by Moderator

To: eyedigress

Only my tech stocks are up.

Marvell Technologies and TSM.


6 posted on 06/17/2021 3:42:57 PM PDT by EEGator
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To: EvilCapitalist
"A lot of idiots who voted for biden are going to wish they hadn’t."

True. But I'm not sure Trump could have avoided this either.


7 posted on 06/17/2021 3:43:41 PM PDT by DannyTN
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To: EvilCapitalist
A lot of idiots who voted for biden are going to wish they hadn’t.

No, they are not. They are far too stupid to connect this to Biden and his handlers. They will however fully accept any claims that Trump policies caused this and it has nothing to do with Biden.

I submit my BIL and his half wit (from) NY, Jewish school teacher wife as evidence. She voted for the black, gay escort loving druggie for governor in the last Florida election. I seriously wonder if a Democrat with a swastika armband would deter her from voting Rat. I'm not kidding.

8 posted on 06/17/2021 3:47:33 PM PDT by ChildOfThe60s (If you can remember the 60s.....you weren't really there..)
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To: blam

Transitory= as long as democrats are in office.


9 posted on 06/17/2021 3:47:39 PM PDT by Bonemaker (invictus maneo)
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To: EEGator

I am worried about a crash.

Inflation will kill my portfolio if I stay in cash.

A crash will kill my portfolio if I go high tech.


10 posted on 06/17/2021 3:51:11 PM PDT by eyedigress (Trump is my President!)
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To: eyedigress

I think I’m going to do nothing, and just hold everything for however many years. I’m not near retirement, so I can wait multiple decades if need be.


11 posted on 06/17/2021 3:54:05 PM PDT by EEGator
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To: ChildOfThe60s

No one is even remotely close to the Jew in self loathing.
I seriously don’t get it...


12 posted on 06/17/2021 3:55:03 PM PDT by EEGator
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To: DannyTN

Nonsense Twitterman Don the Con Trump and his right winged marxism is just as much to blame as the Democrats and the RINO’s. He out spent zero (Barack Obama) in spending bills his socialistic tariffs are the majority reason why everything is so sky high sleepy’s stuff is just the death knoll to deny it is just drinking the orange koolaid.
We’ve got to get the grand old party and the conservative movement away from commie Don the Con Trump his globalist handler Kushner before it’s much too late.


13 posted on 06/17/2021 3:55:49 PM PDT by StoneWall Brigade
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To: EEGator

I’m within 5 years.

I’m just going to sit tight for a week or two.

I am mostly in cash right now after riding the run up in high growth.


14 posted on 06/17/2021 3:58:08 PM PDT by eyedigress (Trump is my President!)
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To: blam

I price things for a living.

I have 5 separate inflation signals on my screen, with RECENT history expanded as if it continues for a full year. Here are the numbers:

7%
8%
9%
10%
13%

All of them are on a graph and they are all steep lines. If accelleration continues (and why not, fiscal and monetaty policy continues to suck), we should be well into the mid-teens by the end of SUMMER!

Holy Bat Guano!


15 posted on 06/17/2021 3:59:37 PM PDT by Uncle Miltie (I'm changing my name to 'Spike Protein'!)
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To: blam

Bkmk


16 posted on 06/17/2021 4:03:30 PM PDT by sauropod (The smartphone is the retina of the mind's eye.)
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To: eyedigress

The thing is, I feel as though this is new territory. We have had crashes, inflation, et al, but the world just seems different to me.
We destroyed the economy and lives over a bad flu.(I know it’s not epidemiologically the same as a flu)
There’s no telling how screwy kids will be as adults now.
To quote Lady Gaga,”We’re far from the shallows now.”


17 posted on 06/17/2021 4:04:00 PM PDT by EEGator
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To: Uncle Miltie

Can you add a product line to those?


18 posted on 06/17/2021 4:05:29 PM PDT by eyedigress (Trump is my President!)
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To: StoneWall Brigade

Tariffs were the absolutely the right move. Trump just wasn’t able to go far enough.

We need across the board tariffs to protect and rebuild our industries. Protective tariffs served our country well for 180 years. Every since we lowered them in the 1960’s we’ve been losing industries and real wages have stagnated.

And countries like communist China have been able to sell into our market using slave labor to produce goods. And they use the proceeds not to buy trade goods but to buy out our industries, equities and debt.


19 posted on 06/17/2021 4:07:27 PM PDT by DannyTN
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To: StoneWall Brigade

Tariffs aren’t socialist. Tariffs are in the U.S. Constitution, which predates socialism.


20 posted on 06/17/2021 4:07:55 PM PDT by Dr. Sivana (“At first you go bankrupt slowly, then all at once.” -- Hemingway)
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