These statements about transitory inflation are bs, it is INFLATION!

[Tsing Tao]

My statement isn’t confounding, money is not the issue - it’s supply disruptions and shifting service demand to goods. Add to that the war in Ukraine too.

I find it confounding, so you don't really get to tell me what is, and is not "confounding" to me from what you have stated.

You say it isn't money, yet then say it is shifting service demand to goods, as if it can be one without the other.

If you dump billions into the system fiscally (again, not monetary but fiscal policy) that money has to go somewhere. You can't argue that all money is being used to pay down debt, and in the same breath go "its a shifting of service to demand of goods".

 

[Tsing Tao]

Awesome. We will get to see if Biden and Usualname's ideas bear fruit. If so, we can implement elsewhere. If not, well, I'm sure there will be a reason.

Will raising taxes cause more inflation or not? Tune in!

https://twitter.com/x/status/1529788558797688832

 

[Tsing Tao]

https://twitter.com/x/status/1529803314992390144

 

[UsualName]

I find it confounding, so you don't really get to tell me what is, and is not "confounding" to me from what you have stated.

You say it isn't money, yet then say it is shifting service demand to goods, as if it can be one without the other.

If you dump billions into the system fiscally (again, not monetary but fiscal policy) that money has to go somewhere. You can't argue that all money is being used to pay down debt, and in the same breath go "its a shifting of service to demand of goods".

It’s not a money problem. Banks are parking money, the consumer has transitioned from saving and paying down debt to drawing on savings and taking on debt. You need to stop unless you have some kind of measurement to point to.

https://twitter.com/x/status/1528787078955159552

 

[Tsing Tao]

It’s not a money problem. Banks are parking money, the consumer has transitioned from saving and paying down debt to drawing on savings and taking on debt. You need to stop unless you have some kind of measurement to point to.

https://twitter.com/x/status/1528787078955159552

You really need to understand the difference between monetary and fiscal stimulus. the Fed doing a reverse repo has absolutely nothing to do with fiscal policy.

 

[Arnie]

money is not the issue

Easily in the top 10 dumbest statements ever on ET.

 

[Tsing Tao]

money is not the issue

Easily in the top 10 dumbest statements ever on ET.

Welcome back, Arnie. Glad to see some more common sense returning to the forum.

 

[wildchild]

Joe Bite Me and the democrats are in full panic.

Biden plots inflation fight with Fed chair as nation worries

https://apnews.com/article/biden-je...tics-economy-2b9295779a17e425d0d8da6f0f82176e

"The White House, along with the Fed, initially portrayed the inflation surge as a temporary side effect caused by supply chain issues as the U.S. emerged from the pandemic."


And who called the their lie?

Another huge victory for Wildchild.

 

[Tsing Tao]

Janet Yellen - I was wrong about inflation. But hey, Barry Ritholtz says its still transitory - Transitory for longer. So its all good, right, Usualname?

https://twitter.com/x/status/1531913443762225152

 

[UsualName]

Janet Yellen - I was wrong about inflation. But hey, Barry Ritholtz says its still transitory - Transitory for longer. So its all good, right, Usualname?

https://twitter.com/x/status/1531913443762225152

Yes, she was wrong about the path of inflation but not the cause. Don’t think correlation equals causation. Like I said, show me your data not your theory.