Re:179 Reasons You Probably Don’t Need to Panic About Inflation
by h4waii on Thursday August 19, 2021 @10:06AM
(#28233991)
I dare say, when the media and/or the government tells you not to worry about something, you should probably worry about it, conversely when you're told TO worry about it, it's likely too late to even do anything about.
Worry about anything and everything you want to so you can plan and be prepared for it, just don't let it consume you.
Re:179 Reasons You Probably Don’t Need to Panic About Inflation
by aww_dang on Thursday August 19, 2021 @08:47AM
(#28233138)
Are there any mainstream sources willing to dissent from the Fed's easy money policies?
The gymnastics start early in this article:
>“Cooling off” the economy sounds prudent, innocuous even. Yet, in practice, this monetary policy maneuver means that the Fed increases borrowing costs for businesses and pulls back on helping jobless Americans find work.
So if the Fed didn't exist, and we had a market interest rate - that would be the same as the Fed actively "cooling" the economy?
We've gone from "transitory inflation" to, "we can't think about raising rates, because we might not have greater than 2% next year".
Re:179 Reasons You Probably Don’t Need to Panic About Inflation
by jondwillis on Thursday August 19, 2021 @11:59AM
(#28235498)
In my opinion, if you have significant savings in cash, it has been prudent to invest some of that excess in other things than cash and equities for at least three years. The fed has been making consistently bad long-term decisions for awhile now in pursuit of some glamor statistics.
Regardless, the current environment largely favors real asset holders, and those with low interest rate debt.
If you are really financially responsible you'd be leveraging up right now. /s
Worry about anything and everything you want to so you can plan and be prepared for it, just don't let it consume you.
The gymnastics start early in this article:
>“Cooling off” the economy sounds prudent, innocuous even. Yet, in practice, this monetary policy maneuver means that the Fed increases borrowing costs for businesses and pulls back on helping jobless Americans find work.
So if the Fed didn't exist, and we had a market interest rate - that would be the same as the Fed actively "cooling" the economy?
We've gone from "transitory inflation" to, "we can't think about raising rates, because we might not have greater than 2% next year".
https://ghostarchive.org/archive/YlbqY
Regardless, the current environment largely favors real asset holders, and those with low interest rate debt.
If you are really financially responsible you'd be leveraging up right now. /s
Didn't like the guy much at all but loved how he exposed main stream media companies for what they really are nowadays.