PPI data spooks the market ahead of the FOMC decision tomorrow

Started by OZER, Dec 14, 2021, 11:36 PM

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An an Argentinian, let me explain Inflation to you: Gov' needs to have the money to pay all it's checks. So it prints it, but since wealth is not created by printing money it has to take it from somewhere. So, they take the wealth from the people via inflation... a non legislated tax


Feds should have raised interest years ago....tapering off won't do a dam thing.

To US goverment : less warmongering, care more for the people

when you're paying taxes without actually paying taxes

"nobody likes inflation" is a silly statement because without it you could actually be paid LESS. If we enter deflation which I expect to happen the second half of this decade people will be getting paid less because businesses make less.  Yes, things cost more and you have to budget for it. But let's not pretend inflation is that simple, because when moderated inflation is great.


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Considering inflation is worldwide, we may be able to influence inflation but I doubt we can control.it. Nixon created inflation when he took the US dollar off the gold standard in 1971. Volcker's draconian interest rates finally tamed inflation in time for Reagan's second campaign in 1984.