link? which year(s)?5-10%
Durables will pop for a single quarter and then the deflationary spiral will commence. v2 of the virus comes in October-Nov and then all bets are off. You all are fucked... I’ll be fine.
The real inflation rate is actually much higherAnyone have any articles or projections on the revised inflation rate after all these tax cuts & helicopter money? I don't quite trust the fed numbers from their last emergency meetings. FWIW, these were the projections pre-Covid:
1.9 % in 2020
2.0 % in 2021
2.0 % in 2022
The real inflation rate is actually much higher
Generally inflation is higher than reported by CPI figures. Perhaps you know dick.You know dick about dick. Zero pricing power. WTI just dropped by 40%.
Generally inflation is higher than reported by CPI figures. Perhaps you know dick.
Check M2 and devaluation of the dollar over time