To: Oldeconomybuyer
Run rate inflation CPI / PPI Blend is at 8.4%.
Case Schiller home price index is >13%.
And they’re talking aboit 2023?
Nuts. This is not grandpa’s data feedback loop of several years. This is a millisecond economy that will totally overheat next month.
We’re doomed by ancient slugs at the Fed.
18 posted on
06/16/2021 12:14:13 PM PDT by
Uncle Miltie
(I'm changing my name to 'Spike Protein'!)
To: Uncle Miltie
This is a millisecond economy that will totally overheat next month. We’re doomed by ancient slugs at the Fed.
They have the millisecond data--but they are _not_ gonna share it with the plebes.
26 posted on
06/16/2021 1:00:28 PM PDT by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
To: Uncle Miltie
This is a millisecond economy that will totally overheat next month. We’re doomed by ancient slugs at the Fed.
They have the millisecond data--but they are _not_ gonna share it with the plebes.
27 posted on
06/16/2021 1:00:29 PM PDT by
cgbg
(A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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