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A Grim History Repeats at the Fed
Barron's ^
| Jan. 21, 2022
| Robert Heller
Posted on 01/23/2022 8:37:22 AM PST by Pelham
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To: BiglyCommentary
The majority of price rises are due to DEMAND. Too many chasing a lessor supply, causing the prises to get bid higher. Wages are up due demand, too many employers chasing a limited number of emplyees. Energy is up due to less supply. Freight costs are up due to less supply.If it wasn't a monetary issue, other prices would be falling to offset the increases you listed.
To: Pelham
In oil country it did not hold prices down much.
A studio apartment in Andrews, Texas was like $375 a month IF you could get one and would be glad if you could.
Id have to dig to recall what we paid for our 900 sf 3 br first house with 1 car garage and central swamp cooler.
My wood shop now is bigger and has AC.
22
posted on
01/25/2022 7:29:53 PM PST
by
Sequoyah101
(Politicians are only marginally good at one thing, being politicians. Otherwise they are fools.I ha)
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