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To: blam

I’m not so sure inflation will decline so quickly. The Fascist Leftwing US authorities are committed to destroying economic supply whether it be oil and gas, corporate after-tax profits or small business. However, demand may remain high with a record crop of Boomers enjoying retirement and Millennials entering a period of household formation. This will produce a ton of inflation.


5 posted on 06/11/2021 8:25:30 AM PDT by No_Mas_Obama
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To: No_Mas_Obama
There are three giant drags on our economy that will minimize any real inflation over the coming years:

1. Stagnant population growth.

2. Declining productivity (actual negative productivity growth).

3. Enormous personal, corporate and government debt (we simply have too much debt to pay a premium price for a lot of things).

6 posted on 06/11/2021 8:39:56 AM PDT by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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