Chris Trottier on Nostr: In terms of inflation, here's a fascinating comparison of 1966-82 and 2013-Present. ...
In terms of inflation, here's a fascinating comparison of 1966-82 and 2013-Present.
Obviously, just because something happened decades ago doesn't mean the same will occur now -- but it's worth watching just so we can learn from a previous circumstance.
It's important to remember what finally ended inflation back in 1982: interest rates rocketed over 19%.
I'm not saying that this will happen again, but while Wall Street expects interest rates to be lowered in six months, I suspect that the Fed will be quite conservative when they do so.
https://finance.yahoo.com/news/yahoo-finance-chartbook-6-charts-show-inflation-is-easing-as-spending-holds-up--but-risks-remain-170806054.html?.tsrc=fin-notif
https://firefish.city/files/dcc6ca42-6390-41ff-80e7-2fcec2b68684
Obviously, just because something happened decades ago doesn't mean the same will occur now -- but it's worth watching just so we can learn from a previous circumstance.
It's important to remember what finally ended inflation back in 1982: interest rates rocketed over 19%.
I'm not saying that this will happen again, but while Wall Street expects interest rates to be lowered in six months, I suspect that the Fed will be quite conservative when they do so.
https://finance.yahoo.com/news/yahoo-finance-chartbook-6-charts-show-inflation-is-easing-as-spending-holds-up--but-risks-remain-170806054.html?.tsrc=fin-notif
https://firefish.city/files/dcc6ca42-6390-41ff-80e7-2fcec2b68684