Of course they are raising rates, do you know what the primary role of the fed is?

Inflation while bad is not the killer it’s been hyped to be, if we had inflation and no growth then you have stagflation that’s the killer.

They won’t raise them enough to stop it. Think back to how high they had to go to get rid of far, far less excess cash in the Reagan era.

Raising rates alone won’t stop it of course, it has to come with the healing of supply chain the two combined will lower inflation.

And do you know how long it’s going to take for interest rates to kill inflation?

Last time, it took awhile, which means you will have the stagflation you fear in the meantime.

Good thing I’m in a recession proof business…no matter what the economy does, you will always need to eat!

Nice, but somehow it does not feel like almost 7% growth. If I was the Brandon admin, I’d end as much covid kookery as possible before the midterms. That would make the economy boom!

Excellent idea. South Africa, UK and Denmark have ended all Covid restrictions; we need to do the same and I don’t care who it benefits politically.

2 Likes

Short of something new it’s coming, just my opinion of course

Thing is I don’t know if government mitigation measures are helping anymore at all.

Looking and comparing charts in places like Austria, Sweden, Florida, California, etc… all appear to have been going through same ebbs and flows of Covid regardless of mandates and lockdown measures.

1 Like

Growth over what?

3q2021. Aka the growing economy. gDp was up 5.7% in 2021.

Allan

Over what? 2020?

Yes.

Allan

:rofl::+1:t4: the year you© sheep shut the world down? I thought so.

3 Likes

So a growing economy is bad.

Can I mark you down as such.

And who my dear Watson oversaw the shut down?

Hint: It wasn’t biden

Allan

Wait for its Fauci’s fault and GDP and unemployment stats don’t mean anything now because something something,

1 Like

Not at all, it’s a good thing. Before you© start crowing about percentages, think.

2020 changed the world. 7% increase of 1 or 4% increase of 4-which is greater?

GDP is a useless metric and always has been. What’s the GDP in the circular economy you© progs are demanding?

1 Like

Yes Im sure you would say that if GDP was at negative 6.9 %

1 Like

The response would be “Lets go Brandon!” followed by :rofl: :rofl: :+1:t4: :+1:t4: :rofl: :rofl:

The BDS is strong

7 Likes

The commercial real estate bomb … was last year… did it go off?