Posted on 05/02/2021 9:18:14 AM PDT by Hojczyk
Council of Economic Advisers chair Cecilia Rouse said on this week’s broadcast of “Fox News Sunday” that they expect to see some “transitory inflation” as America is coming out of the coronavirus pandemic.
Anchor Chris Wallace said, “Can you guarantee with all this spending that we are not going to have a new round of overheating the economy and serious inflation?
She continued, “We know that there are some places where employers are struggling to workers because, let’s face it — we’re still in the middle of the pandemic. Some workers would like to go back to work but have font child care because schools are not open and the pandemic is still out of control in certain parts of our country. When we get to the other side of this pandemic, I fully expect that our labor market will come back and be flourishing. That said, we do expect some transitory price increases.
The Feds expects that as well. We do not see evidence at the moment that those have become what we call de-anchored so that we expect runaway inflation. That said, we know we have to be vigilant, and we are watching the data. We expect, at the most, transitory inflation. That is what we expect coming out of a big recession.”
(Excerpt) Read more at breitbart.com ...
Is that why a 2x4 is $10?
“Transitory” inflation? That’s all they had in Weimar Germany, after all, while they were transitioning from World War One to World War Two.
Hi.
Unfortunately we ain’t seen nothing yet. Wiemar Republic?
Venezuela here we come.
5.56mm
Hey Cecelia srveral of you deep state traitors are going to experience prison and execution.
Canada enforces their borders and is too cold.
Mexico enforces their borders and is too Drug Cartels-y.
That idiot Chris Wallace might as well have asked the question, "Can you guarantee that the public won't get butt-phuqued again with this increased spending?"
Deep State is gonna make the 70s look good....
And your 15-year-old daughter will experience "some" pregnancy.
Regards,
transitory?
That’s been going on for years.
I wish.
That is true but it’s intensifying of late. the article documents numerous instances. Easiest way for a company to pass on rising costs is simply to reduce the amount of content/product it sells and charge the same price it did before the shrinkage. Most consumers will never notice the change.
I’ve noticed it so far in: airline prices, pool maintenance charges, dental work, clothing, and construction materials especially lumber.
LOL! Great comment.
I know
WORKING Americans will... everyone ELSE don’t care less!!
Our favorite corn chips went from $2.99/24 oz. to $3.29/16 oz. bag in one week!
Most chips come in bags that are half full. There’s tremendous profit in them. That’s why I have a couple of investments in companies that make snack food. :)
Venezuela here we come.
***************
Since we’re changing everything else may as well rename the country to Amerizuela. Has a certain banana republic ring to it. ;)
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