Sunday, August 1, 2021

A Few Comments on Inflation — Bill McBride

"Inflation" is not a problem.

Calculated Risk
A Few Comments on Inflation
Bill McBride

2 comments:

Matt Franko said...

“ However, I'm aware some people - like Larry Summers and Mohammed El-Erian are concerned.”

Why don’t these whiny pos assholes go over to EZ and complain to them? their rates are NEGATIVE…

Matt Franko said...

So here we are… coming out of pandemic shutdown that destroyed 32.9% of the US economy… last stimmy already ran out… 6M ready to be evicted… 9M soon going to lose their Fed UI… half states spiked the measly Fed $300 UI subsidy… 12M receiving some sort of UIE benefits… GM just shut down light truck PRODUCTION for a week due to supply disruptions… new home sales just crashed to previous pandemic lows… southern border WIDE OPEN and Delta variant coming in and spreading like wildfire… new shutdowns imminent…

And these ASSHOLES are going all around saying the CB should remove the accommodation “punch bowl!” because things are going too well????

FUCK THESE MFERS … FUCK THEM ALL… i hope they are all loaded up on their dumb inflationista trades and we go down to negative rates like EZ and these MFERS lose ALL their fucking munnie…