Why Peak Inflation Is Near, According to Experts Who Bet on Short-Lived Price Rises

Yahoo Finance ^ | June 5, 2022 | Yoshiaki Nohara and Enda Curran

[Steely Tom]

Phenomenal the way the MSM gives their man in the WH the benefit of every doubt and puts the sweet spin on every problem.

When a Republican is in office, it’s exactly the opposite.

[kabar]

Sounds like they want the Fed to delay the interest rate hikes and QT. BS.

[jimtorr]

.....as supply blockages ease and energy costs stabilize.

Propagandists have been predicting supply chain clearing for over a year now, and energy prices will keep going up for......who knows how long?

That's what is required for the "great reset".

[Vendome]

Effin gaslighting retards.

Every economist says this goes on through 23-24.

[cornfedcowboy]

There is one lingering problem. Oil prices will remain high until the Ukraine/Russia conflict is resolved.

[John Milner]

“Expert textpert, choking smokers, don’t you think the Joker laughs at you?”

[kiryandil]

I think it's cute when the little reporterettes think that gasoline at twice the price, and diesel even more than that, is going to lead to short-lived price hikes.

They didn't flunk economics - they weren't smart enough to get in the classroom door.

[cowboyusa]

Real Inflation must be at 20 percent.

[vpintheak]

I call BS. This ain’t over. Not by a long shot.

[Gnome1949]

Pure gaslighting.

[allendale]

The Feds think they are cute not factoring the cost of fuel in the inflation index. Nevertheless fuel shortages, expensive gasoline, diesel and electricity , along with unabated dollar printing are driving inflation. Its only going to get much worse.

[Skid289]

https://imgflip.com/i/6ipw0i

[Skid289]

from Imgflip Meme Generator

[Right_Wing_Madman]

But there remain plenty of economists who argue that the shock will soon fade

Most economists and journalists have moved on to stage 3 of inflation grief, but some remain in stage 2:

1. There is no inflation (denial).
2. Inflation is transitory (negotiation).
3. Inflation is good for you and good for the planet (acceptance).

[mouse_35]

I have hopes that things will somewhat stabilize with the election of a Republican Congress. I don’t expect improvement until 2025 at the earliest. At that point, we should have a Republican Congress and president.

[ReaganGeneration2]

The government must pick one, sooner or later:
1) Continued inflation and wage degradation
2) Raised interest rates and Great Depression
3) Rationing of goods thru programmable digital currency

When we lose reserve currency status, they will pick immediately.

[srmanuel]

This reminds me of the movie Animal House at the end during the parade Kevin Bacon is yelling remain calm all is well

[Ancesthntr]

“But there remain plenty of economists who argue that the shock will soon fade .. and energy costs stabilize.”
————
NP Morgan says that we’re going to have an average gas price of $6.50/ gallon by August 1. Inflation is just getting started.

[metmom]

Now we’re really screwed.

The experts think this is coming to an end.

That tells me, it’s just beginning..