Posted on 12/23/2022 7:12:26 AM PST by Kaiser8408a
There’s inflation in the air. The US Core PCE deflator slowed to 4.7% YoY in November. But it is still over 2x The Fed’s inflation target.
The lower core PCE growth of 4.7% YoY results in a Taylor Rule estimate for The Fed Funds Target rate of 10.10%. Which The Fed will never reach, particularly since the House Of Overlords (the US Senate) just passed a grossly irresponisble omnibus bill of $1.7 trillion laden with insidious pork barrel spending and, on a depressing note, billions for border security in Egypt, Oman and other countries, just not our wide-open border with Mexico.
Here are the Lords of Darkness (Schumer and Pelosi) who concocted this witch’s brew of crony payoffs that will be ulitmately signed by El Stupido (Biden).
(Excerpt) Read more at confoundedinterest.net ...
Thank Satan I don’t work for you my Slaves. Besides what you pay supplies me with 1/10 of my wardrobe. I make so much more from kickbacks and bribes. I will be selected for life to enslave you because I do as Satan asks. You are my Slaves and I RULE you. You call me Senator or Congressperson; oh how little you know
The cost of food doubles in 2 years then levels out and we are suppossed to be all happy and everything. Wages are flat or going down. We are screwed.
Those that rule US hate US. Let that sink in. The media hates US. Democrats hate US. Republicans hate US. Your vote means nothing. Have a Great Illusion
Just fuel. Though diesel is down to as low as 3.50 but still not cheap as before the village idiot in the white hut, that and gasoline alone can account for much of the reduction in inflation. Groceries and other things remain stubbornly expensive and becoming more-so.
There will be an arranged market rally in the coming year or first quarter of the next year.
A lot could change in two years but in the current state of affairs I see a demoncrap election in the bag.
disgrace and is inflationary to boot.
Indeed it’s as if the democrats love it the more things cost the more tax money the feds receive?.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.