Do you really think powell would ever expect inflation......

[S2007S]

This is too funny. Do you think powell would ever mention inflation being outside of his comfort level???? Absolutely not. When you have a dovish fed do you think anything else could possibly be said about inflation. What a fu$king joke.

Amazing how we are one of the only countries to print unimaginable amounts of money yet have literally zero inflation, that the fed screams inflation is tame tame tame tame tame. I swear you do not learn any of this in economics 101, in fact everything we were taught in economics 101 was nothing but fu$king lies. There is no such thing as economics 101 and the fed has proven it.

Powell says he doesn’t expect a ‘large or sustained’ inflation outbreak
Last Updated: Feb. 10, 2021 at 3:23 p.m. ET
First Published: Feb. 10, 2021 at 2:03 p.m. ET



Powell: Don’t expect large or sustained rise in inflation
Wed, February 10, 2021, 3:12 PM


https://finance.yahoo.com/video/powell-don-t-expect-large-201207740.html

 

[zghorner]

 

[cdcaveman]

Great picture...it's true people treat the fed like a religious entity... Depression coming

 

[easymon1]

... good thing he put that word "or" in there

 

[Cuddles]

in papa Powell we trust, but verify...i ain't holding cash right now and looking for more crypto

 

[Saltynuts]

So, what is the real current inflation rate in the US? They keep telling me its like under 2% or some shiat, but I go to the store and I see prices rising like a mofo. Then I went to Luby's this weekend. My girl got a baked chicken Lu-Ann. The Lu-Ann is up in price, and on top of that, they had SHRUNK the baked chicken! Its like 50% smaller than it used to be. They obviously went with smaller, cheaper birds because they thought saving money that way would hurt sales less than increasing the prices (more). But that is still inflation. It may be hidden to most, but I see it screaming at me....

 

[Cuddles]

So, what is the real current inflation rate in the US? They keep telling me its like under 2% or some shiat, but I go to the store and I see prices rising like a mofo. Then I went to Luby's this weekend. My girl got a baked chicken Lu-Ann. The Lu-Ann is up in price, and on top of that, they had SHRUNK the baked chicken! Its like 50% smaller than it used to be. They obviously went with smaller, cheaper birds because they thought saving money that way would hurt sales less than increasing the prices (more). But that is still inflation. It may be hidden to most, but I see it screaming at me....

they're certainly doing some voodoo BS magic at the feds w/those inflation numbers.

Trust the clown.

 

[Saltynuts]

they're certainly doing some voodoo BS magic at the feds w/those inflation numbers.

Trust the clown.

See, this is the kind of shiat that is VERY telling to me. A pure, simple, honest chart of Big Mac prices in tow different countries. Not some mumbo-jumbo "ummmm, we took those goods of the list because they've risen in price, so more people are buying these other goods because they haven't gone up in price so they are now on our list instead" BULLSHIAT....

Thank you Here4money!!!

 

[kroxobor]

This is too funny. Do you think powell would ever mention inflation being outside of his comfort level???? Absolutely not. When you have a dovish fed do you think anything else could possibly be said about inflation. What a fu$king joke.

Amazing how we are one of the only countries to print unimaginable amounts of money yet have literally zero inflation, that the fed screams inflation is tame tame tame tame tame. I swear you do not learn any of this in economics 101, in fact everything we were taught in economics 101 was nothing but fu$king lies. There is no such thing as economics 101 and the fed has proven it.

Powell says he doesn’t expect a ‘large or sustained’ inflation outbreak
Last Updated: Feb. 10, 2021 at 3:23 p.m. ET
First Published: Feb. 10, 2021 at 2:03 p.m. ET



Powell: Don’t expect large or sustained rise in inflation
Wed, February 10, 2021, 3:12 PM


https://finance.yahoo.com/video/powell-don-t-expect-large-201207740.html

I guess he wants to explain to the public why QE should remain in place or increased. I think the Fed and Congress should cooperate if they want to enact another stimulus it's a huge flood of debt to the Treasury market, not an easy task to absorb without unwarranted move in yields.

 

[JSOP]

This is too funny. Do you think powell would ever mention inflation being outside of his comfort level???? Absolutely not. When you have a dovish fed do you think anything else could possibly be said about inflation. What a fu$king joke.

Amazing how we are one of the only countries to print unimaginable amounts of money yet have literally zero inflation, that the fed screams inflation is tame tame tame tame tame. I swear you do not learn any of this in economics 101, in fact everything we were taught in economics 101 was nothing but fu$king lies. There is no such thing as economics 101 and the fed has proven it.

Powell says he doesn’t expect a ‘large or sustained’ inflation outbreak
Last Updated: Feb. 10, 2021 at 3:23 p.m. ET
First Published: Feb. 10, 2021 at 2:03 p.m. ET



Powell: Don’t expect large or sustained rise in inflation
Wed, February 10, 2021, 3:12 PM


https://finance.yahoo.com/video/powell-don-t-expect-large-201207740.html

That's cuz US has a huge gigantic network of slave countries that provide an infinite amount of cheap labour and resources and even compete to provide cheap labour and resources.

Printing money - huge productivity = 0 inflation!