BofA: “Transitory Hyperinflation Ahead”

https://www.nxtmine.com ^ | 5/3/2021 | Tyler Durden

[Mr. K]

Stick to what you know then. You clearly don’t understand how energy cost increases affect the entire production, not just the last driver to deliver them.

[central_va]

I said it does affect it it is just not going to cause that much inflation. You could DOUBLE transportation costs and it may add 1% in the price of goods. If that.

Now there are some industries where the cost of fuel affects the end consumer directly, air transport being one of them.

[Mr. K]

Where are you getting these numbers from?

Are you literally making them up in your head or guessing?

If you don’t think a substantial increase in gas prices does not affect EVERYTHING then you have no clue about basic economics.

[central_va]

If you don’t think a substantial increase in gas prices does not affect EVERYTHING then you have no clue about basic economics.

Define substantially. <1%?