@tincup,
The growing costs of child daycare are "completely solved" by BBB since the BLS suggests that the base measurement of such prices is from out of pocket household expenses. Make the service free to most, require massive pay increases for people working in the child care business, and there is no longer an issue with the impact on CPI even though government will add 10s of billions a year in debt to pay for it. The BLS will actually be able to reduce, or perhaps eliminate, such expenses from the CPI. The huge costs to government can either be deceptively hidden "at best", and at worst show up in price increases for some other asset or good.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
There is always opportunity... in good times and in bad, with low inflation and high inflation. One must remain informed and plan accordingly... and certainly some luck never hurts.
@tincup said:
There is always opportunity... in good times and in bad, with low inflation and high inflation. One must remain informed and plan accordingly... and certainly some luck never hurts.
"Buy when there's blood in the streets, even if the blood is your own..."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Why not, it's been done before on many occasions. If you don't like the results, simply change the formula.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Why not, it's been done before on many occasions. If you don't like the results, simply change the formula.
Which, unfortunately IMO, is why individuals cannot legally maintain wealth through ownership of PMs. Manipulation of CPI to underestimate currency devaluation then the expectation of paying short term capital gains.
• INFLATION/FED – FLASH (Dec 10): Worst Inflation Since Harry Truman Was President -- Consistent with the Methodologies of Pre-1980 Headline CPI Reporting, the November 2021 ShadowStats Alternate CPI Annual Inflation at 14.9% Was the Worst CPI Reading Since 17.6% in June 1947, Just Topping the 14.8% Peak of March 1980
Q: Are You Printing Money? Bernanke: Not Literally
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@crito_is_baaack said:
I've heard estimates between 8%-10% as the REAL rate of inflation, not the 6.3% we're being told.
Using the governments formula from 1980 (before they began tweeking it to get better optics) inflation is currently twice as high as being reported under the "new and improved method" of hiding the bad news. It's actually back at 1980 levels where double digit interest rates were used to get it under control. Today's Federal Reserve does not have the gonads to attempt such a cure as it would crash the false economy they created in response to the 2008 financial crisis that they helped create. Yet America depends on the FED to "fix things." lol
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@blitzdude said:
Yawn, wake us up when gutter starts to inflate. lol
My gutter is growing at an astounding rate.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yet Congress and Presidents depend on the Fed to fix things. Fixed it for ya.
they don't elect themselves. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
"The multiple stimulus packages Congress passed were hot money squared. It went into the hands of people who actually spent it. And since they couldn’t buy services like restaurants, hotels, and travel they bought “stuff.” So we had a “demand shock.” Consumers wanted more than businesses could produce."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@meluaufeet said:
I believe inflation is turning to disinflation now, and will continue thru 1qtr 2022.
What is "disinflation" or did you mean "deflation"?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Real Inflation is 9%... and the Fed Thinks It Can Stop By Raising Rates to 2%?
Good luck wid dat. It will take 9% rates to get real inflation down to 2%.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
in Sept., nine of 12 Federal Open Market Committee members said "no rate hikes in 2022." Today, 10 of the 12 declared "three hikes in 2022."
Anyone who believes these people know what they are doing is just as lost.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@derryb said:
in Sept., nine of 12 Federal Open Market Committee members said "no rate hikes in 2022." Today, 10 of the 12 declared "three hikes in 2022."
Anyone who believes these people know what they are doing is just as lost.
Those damn fake fortune tellers, I want my $$$ back. LOL!
PS: sounds like a guy around here that has been spouting for 25 years about how gutter is on sale.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
@derryb said:
in Sept., nine of 12 Federal Open Market Committee members said "no rate hikes in 2022." Today, 10 of the 12 declared "three hikes in 2022."
Anyone who believes these people know what they are doing is just as lost.
Those damn fake fortune tellers, I want my $$$ back. LOL!
PS: sounds like a guy around here that has been spouting for 25 years about how gutter is on sale.
Sounds like you'd be happier on a video poker blog. How about you start stacking oats, LOL.
@derryb said:
in Sept., nine of 12 Federal Open Market Committee members said "no rate hikes in 2022." Today, 10 of the 12 declared "three hikes in 2022."
Anyone who believes these people know what they are doing is just as lost.
Those damn fake fortune tellers, I want my $$$ back. LOL!
PS: sounds like a guy around here that has been spouting for 25 years about how gutter is on sale.
Sounds like you'd be happier on a video poker blog. How about you start stacking oats, LOL.
Oat stack done. CHECK! Don't feed the silber troll! LOL!!
FED just said they were going to increase taper. Now does that mean a net decrease of pumping overall or a reduction of pumping in one form only to see an increase of pumping in another form?
Face it, Wall Street has their lips around the spigot with their teeth locking on.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
they serve more than one master. At the moment focus is on inflation. As you well know the FED is constantly changing what they say. What happened to that "transitory" inflation?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
IF...they in so much as raise rates from present 1/4% to 2% level, the cost of servicing the NATIONAL DEBT would turn the budget on it's head.
Probably not realistic. IMHO, we haven't seen the worst of inflation.
PRICE CONTROLS. That's going to be fun. Just increases current demand.
For entirely political reasons that have nothing to do with economics, they'll wait until after everyone pays their taxes to raise rates. It would tick off voters too much if they did it before. We've got another 5-6 months before the dookie hits the fan.
@MsMorrisine said:
I don’t think raising rates will work
I don’t know what will
Don’t renew the $300 monthly per child advanced tax credit and don’t make the $2000 annual credit refundable. Raise tax rates on those making under $100k. Raise margin requirements on brokerage accounts. Eliminate the carried interest rule.
Inflation was thought to be the elixir that would increase tax revenue enough to pay down on debt. The problem is our pols are increasing spending faster
@streeter said:
IF...they in so much as raise rates from present 1/4% to 2% level, the cost of servicing the NATIONAL DEBT would turn the budget on it's head.
Comments
@tincup,
The growing costs of child daycare are "completely solved" by BBB since the BLS suggests that the base measurement of such prices is from out of pocket household expenses. Make the service free to most, require massive pay increases for people working in the child care business, and there is no longer an issue with the impact on CPI even though government will add 10s of billions a year in debt to pay for it. The BLS will actually be able to reduce, or perhaps eliminate, such expenses from the CPI. The huge costs to government can either be deceptively hidden "at best", and at worst show up in price increases for some other asset or good.
Congrats to those who have been busy stocking the ole bunker with oats and coffee instead of gutter and fancy gutter.
The whole worlds off its rocker, buy Gold™.
congrats to those that see buying opportunities.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
No concern about oat milk inflation?
Can simply mix it with cocoa to bring the pruce down a bit?
The last decade has been opportunity....or not.
When we gonna get that 20 to 150 run to verify the opportunity?
Knowledge is the enemy of fear
There is always opportunity... in good times and in bad, with low inflation and high inflation. One must remain informed and plan accordingly... and certainly some luck never hurts.
"Buy when there's blood in the streets, even if the blood is your own..."
Why doesnt Gold and Silver seem to keep up with inflation? Probably because young people never heard of them as an investment hedge?
https://www.cnbc.com/2021/12/10/consumer-price-index-november-2021.html
Worst marketing campaign ever.
Knowledge is the enemy of fear
Note that gold's inflation adjusted peak coincided with the last great peak in inflation. Will gold repeat this performance, especially now that inflation reporting has been drastically watered down since 1980? Buckle your seat belts.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Magic! How to reduce the consumer price index while consumer prices continue to rise
Why not, it's been done before on many occasions. If you don't like the results, simply change the formula.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Which, unfortunately IMO, is why individuals cannot legally maintain wealth through ownership of PMs. Manipulation of CPI to underestimate currency devaluation then the expectation of paying short term capital gains.
I've heard estimates between 8%-10% as the REAL rate of inflation, not the 6.3% we're being told.
Per John William's website:
• INFLATION/FED – FLASH (Dec 10): Worst Inflation Since Harry Truman Was President -- Consistent with the Methodologies of Pre-1980 Headline CPI Reporting, the November 2021 ShadowStats Alternate CPI Annual Inflation at 14.9% Was the Worst CPI Reading Since 17.6% in June 1947, Just Topping the 14.8% Peak of March 1980
I knew it would happen.
. . . and about those falling lumber prices
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Using the governments formula from 1980 (before they began tweeking it to get better optics) inflation is currently twice as high as being reported under the "new and improved method" of hiding the bad news. It's actually back at 1980 levels where double digit interest rates were used to get it under control. Today's Federal Reserve does not have the gonads to attempt such a cure as it would crash the false economy they created in response to the 2008 financial crisis that they helped create. Yet America depends on the FED to "fix things." lol
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yawn, wake us up when gutter starts to inflate. lol
The whole worlds off its rocker, buy Gold™.
My gutter is growing at an astounding rate.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Yet America depends on the FED to "fix things"
>
Yet Congress and Presidents depend on the Fed to fix things. Fixed it for ya.
Americans would be just fine as we are resilient, resourceful and strong, but our elected officials would feel our wrath.
Knowledge is the enemy of fear
they don't elect themselves. LOL
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Let's keep the political BS out of this thread. THKS!
The whole worlds off its rocker, buy Gold™.
Kitco's interview with Gerald Celente is interesting. He calls it "dragflation".
.> @derryb said:
Yup...wrath.
Knowledge is the enemy of fear
https://wolfstreet.com/2021/12/14/us-wholesale-price-spike-worst-in-the-data-even-services-but-further-up-the-producer-price-pipeline-inflation-rages-at-20-to-28/
We need a 2022 inflation thread.
7%...... aHaHaHaHaH.. the good ole days
First they'll blame the oil companies and hoarders. Then they'll try price controls. Then, rationing. As prices run away on the gray market.
I knew it would happen.
JP looks like a deer in the headlights. Can't even define maximum employment or how to determine it.
What really caused price inflation?
Blame congress.
"The multiple stimulus packages Congress passed were hot money squared. It went into the hands of people who actually spent it. And since they couldn’t buy services like restaurants, hotels, and travel they bought “stuff.” So we had a “demand shock.” Consumers wanted more than businesses could produce."
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I believe inflation is turning to disinflation now, and will continue thru 1qtr 2022.
What is "disinflation" or did you mean "deflation"?
Worry is the interest you pay on a debt you may not owe.
"Paper money eventually returns to its intrinsic value---zero."----Voltaire
"Everything you say should be true, but not everything true should be said."----Voltaire
Disinflation is still positive inflation at a lesser degree.
Deflation is pricing going down…
Real Inflation is 9%... and the Fed Thinks It Can Stop By Raising Rates to 2%?
Good luck wid dat. It will take 9% rates to get real inflation down to 2%.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
I don’t think raising rates will work
I don’t know what will
My gutter certainly continues to "deflate" LULZ!
The whole worlds off its rocker, buy Gold™.
in Sept., nine of 12 Federal Open Market Committee members said "no rate hikes in 2022." Today, 10 of the 12 declared "three hikes in 2022."
Anyone who believes these people know what they are doing is just as lost.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Those damn fake fortune tellers, I want my $$$ back. LOL!
PS: sounds like a guy around here that has been spouting for 25 years about how gutter is on sale.
The whole worlds off its rocker, buy Gold™.
you're trolling again. lol
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
Sounds like you'd be happier on a video poker blog. How about you start stacking oats, LOL.
Oat stack done. CHECK! Don't feed the silber troll! LOL!!
The whole worlds off its rocker, buy Gold™.
Does anyone here seriously think that the Fed will finish the taper, much less meaningfully raise rates? If you do, I have some rhodium to sell you.
Fed just increased taper.
FED just said they were going to increase taper. Now does that mean a net decrease of pumping overall or a reduction of pumping in one form only to see an increase of pumping in another form?
Face it, Wall Street has their lips around the spigot with their teeth locking on.
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
If they were going to keep the tide in so the nekkid people can’t be seen then they would have found some excuse to do that
they serve more than one master. At the moment focus is on inflation. As you well know the FED is constantly changing what they say. What happened to that "transitory" inflation?
"Interest rates, the price of money, are the most important market. And, perversely, they’re the market that’s most manipulated by the Fed." - Doug Casey
The destruction of money/wealth will do it.
Knowledge is the enemy of fear
IF...they in so much as raise rates from present 1/4% to 2% level, the cost of servicing the NATIONAL DEBT would turn the budget on it's head.
Probably not realistic. IMHO, we haven't seen the worst of inflation.
PRICE CONTROLS. That's going to be fun. Just increases current demand.
National Debt?
Lots of people lining up to lend us money to pay for our debt
For entirely political reasons that have nothing to do with economics, they'll wait until after everyone pays their taxes to raise rates. It would tick off voters too much if they did it before. We've got another 5-6 months before the dookie hits the fan.
Don’t renew the $300 monthly per child advanced tax credit and don’t make the $2000 annual credit refundable. Raise tax rates on those making under $100k. Raise margin requirements on brokerage accounts. Eliminate the carried interest rule.
Inflation was thought to be the elixir that would increase tax revenue enough to pay down on debt. The problem is our pols are increasing spending faster
>
How much would the debt service increase?
Knowledge is the enemy of fear