Posted on 05/18/2022 10:57:40 AM PDT by RomanSoldier19
With inflation over 8% and the threat of a recession on the horizon, there are global concerns about stagflation, a combination of low economic growth and soaring prices.
But is it something the average American needs to be concerned about?
“At this point, we can’t say that we’re yet in a period of stagflation,” says Lindsey Piegza, chief economist at Stifel Financial, a financial investment firm. However, given the current economic situation, “it is a very real risk.”
The Federal Reserve is in the process of raising interest rates to combat inflation that’s coming in at 40-year highs month after month. If the Fed’s aggressive interest-rate policy forces the economy into a recession and global supply chain disruptions put pressure on prices, we could see elevated prices at the same time the economy is slowing down, Piegza says.
(Excerpt) Read more at time.com ...
Until very recently, I was hearing a lot of reports about the fed raising rates being because “the economy was heating up”.
You can’t trust any media sources anymore.
Shadow Stats has Consumer Inflation pegged at about 18% right now. Second chart down at the link:
http://www.shadowstats.com/alternate_data/inflation-charts
Who ya gonna believe? Mother Government or your own lyin’ eyes?
I believe nothing from the government/media complex. No one in this country who drives, eats or sleeps with a roof over their head needs to be explained anything about inflation. We are living and dying it.
HEY GUYZ!
WE’RE THE MEDIA AND JUST WANNA LET YOU KNOW THE CANDIDATE WE PUSHED ON YOU IS DOIN’ GREAT!
JUST MAKE SURE TO GET ANOTHER JOB OR BE RICH ALREADY IN THE NEXT FEW MONTHS, ‘KAY?
I don’t worry about this inflation, stagflation or anything. I’ll just keep on going until my money is all gone. Which should be about one week from now.
My house is paid for, cars are paid for, no credit cards. What do I have to worry about? Well, there’s the property taxes on the house...oh wait...
Kind of a drag!
The Federal Reserve is in the process of raising interest rates to combat inflation
My house is paid for, cars are paid for, no credit cards. What do I have to worry about? Well, there’s the property taxes on the house...oh wait...
No. But it will put money into the pockets of Gubmint and The Fed Reserve.
Darn that Putin, sinking not just the United States economy, but also bringing the entire world to it’s economic knees! The fiend!!
Can’t we send a couple hundred billion to Azerbaijan or whatever, along with all of our baby formula? That would show that godless commie!!!
AND remember when gas “necessarily skyrocketed” during the Obama regime it was a great thing reflecting his awesome economy.
You raise interest rates to “slop up” dollars from the economy—it’s used to slow down inflation.
The bad news is that food shortages, fuel shortages are going to keep prices up— AND there are trillions being pumped into economy through the existing COVID bill and the infrastructure bill is about to “come on line.”
So…all we need is a crappy harvest. That would be the cherry on the top of this sundae.
81 million alleged votes later.........
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.