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Old 07-21-2022, 02:36 AM   #238 (permalink)
redpoint5
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Quote:
Originally Posted by serialk11r View Post
Inflation is going to be "abnormal" for years to come because there aren't going to be enough foreign buyers of US assets to prop up the dollar after the Fed stops tightening.

Unless some kind of miracle happens and Congress decides to cut the budget (good joke right?).

Expect fuel prices to trend up after the recession bottom.
You're preaching to the choir, yet here we are, many years of mostly stable prices. That can always change, and recently has, but predictions are always difficult, especially about the future.

I'm expecting a recession, which I would also imagine would tend to curb abnormal inflation.

Something approximating equilibrium is the natural state of the world in which we live. Generally I expect to exist somewhere within the normal variance of that equilibrium.

Lies are always repaid with interest, but I'm hoping ours was benign enough that we can pay and continue on. Time will tell.
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