Inflation and a recession are now here :(
- Thread starter lawpoke87
- Start date
aTUfan's affects are not related to the economy.
More signs that Sanctions on Russia are starting to bite….
www.themoscowtimes.com
I have also seen where supposedly 98% of Chinese banks have begun refusing direct payment on notes from Russia under threat if sanctions from the US.
Russian Food Suppliers Warn of Price Hikes Up to 40% - The Moscow Times
Suppliers of bread, dairy, chocolate and beer in Russia have informed retailers of impending price increases of up to 40% over the next month, the business daily Kommersant reported Thursday, citing price-increase notices from at least 13 companies.
I have also seen where supposedly 98% of Chinese banks have begun refusing direct payment on notes from Russia under threat if sanctions from the US.
Reminds me of FRED data chart depicting when Biden decided to add savings accounts to the M1 money supply.
Funny, I don’t mean to be rude to Aston or gmoney or whoever else was fooled into supporting the party of the KKK, but how did you feel yesterday after having defended Coup-mala’s ad hoc “price gauging” policy now that yesterday WAPO called it a “gimmick” & and a Democrat panelist on CNN was ranting how he “hates socialism?”
Lmao these 2 things are supposed to never happen WAPO doesn’t attack Coupmala for bad policy & CNN doesn’t outright denounce socialism!
lmao Coupmala is so bad SO DUMB SO DENSE SUCH A FLOOZY AIRHEAD that she got them to do both! HAHAHAHAAahahhahaa
And you believed this?More signs that Sanctions on Russia are starting to bite….
Russian Food Suppliers Warn of Price Hikes Up to 40% - The Moscow Times
Suppliers of bread, dairy, chocolate and beer in Russia have informed retailers of impending price increases of up to 40% over the next month, the business daily Kommersant reported Thursday, citing price-increase notices from at least 13 companies.
I have also seen where supposedly 98% of Chinese banks have begun refusing direct payment on notes from Russia under threat if sanctions from the US.
Powell just stated the Fed will begin cutting rates. This coming after the government reduced the number of jobs created by almost 1M. Indicating the labor market has been weaker than reported for a significant period of time. I’m not sure of the process involved in coming up with our monthly labor reports but I know it needs to improve.
Markets are up on the news and bond yields are down. All good news.
Markets are up on the news and bond yields are down. All good news.
You guys are too old. It's an internet meme.
the Gov mandated increase in the minimum wage contributed to inflation, job loss and store closings.
How about a definition outlining the minimum work required to qualify for minimum wage.
How about a definition outlining the minimum work required to qualify for minimum wage.
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Before Trump’s election, Redfin Corp. projected mortgage rates would average 6.1% next year. But three days after the election, they revised their estimate upward to 6.8%–basically unchanged from today’s high levels. “The difference is Trump,” said Daryl Fairweather, chief economist at Redfin. “The market seems to be pricing in that he’ll move forward with at least some of the tariffs.” It’s another hit for the housing market that’s been dealing with a rise in borrowing costs that’s pushed at least one measure of mortgage rates above 7%. Economists expecting higher-for-longer borrowing costs shows just how tough the market is likely to be for homebuyers trying to find affordable options.
The bond market has surprisingly reacted positively to Trumps election. Mortgage rates have dropped .almost a full 1/2 point since his election. I would continue to watch the ten year bond but at least to date it doesn’t appear additional inflation is being added into the market
You're welcome for your soft landing. Time to go out and wreck it.
Would have preferred a little harder landing with less inflation and lower borrowing costs
.I always thought mortgage rates followed the bond market much more closely than the fed reserve rate.
Follows the 10 year bond which immediate spiked upon the rate cut. Bond market sees the cut as inflationary. Stock market is also down more than 500 points from the announcement of the cut. No one is viewing this action as a positive other than maybe the large banks who now have cheaper money
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economics students; what is the corelation of inflation and cost of living? does deflation have an opposite raction?
No, because it typically comes with economic depression and many people losing their means to satisfy their necessary cost of living. Think about the 1930's.
so how do you bring prices down after a long perIod of time with high inflation?
Generally, you have to wait for prices to catch up with the wages through a recession that slows down inflation, and/or brings about deflation.
The real question / dilemma is how long does it take wages to catch up with the aggregate price increases we’ve seen over the past 3 plus years? Basically, to get us to the same buying power we were in 2020.
The mint is thinking of putting Biden on the One Dollar Bill.
It still says $1.00,
but it's only worth 80 cents.
It still says $1.00,
but it's only worth 80 cents.
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