Liberal Forum
Archive
‹
No Holds Barred Political Forum
‹
If Inflation Is A Result Of Bad Policy, What Policies Is The GOP Proposing To Whip Inflation Now?
26 May 2022 5:36 pm
US consumers still largely expect the current inflationary shock to be temporary, and for price gains to be low and stable in the longer run, according to a report released Thursday by the Federal Reserve Bank of New York.LibDave » 26 May 2022, 4:33 pm » wrote: ↑Are you claiming the high rate of inflation (especially petroleum) didn't occur until the invasion of Ukraine? Ludicrous. You also claimed over a year ago Biden's policies wouldn't result in inflation (the opposite) and again you were wrong. Why is it your understanding of economic cause and affect never seem capable of correctly predicting future reality? Perhaps it is time to reassess your understanding of economics?Blackvegetable » 26 May 2022, 5:48 am » wrote: ↑ **** you and your brain dead FOX fed narrative.
The EVIDENCE of which would be?
That Jesse is looking you right in the eye?
I get sick of you idiots talking as if you had any clue how energy markets work.
Yea...me, the Fed and now the CBO.
**** moron.
The survey, which confirmed earlier findings from the New York Fed, showed that while short-term inflation expectations are rising, consumers expect prices to rise by about 3% in five years. That suggests they expect the near-term surge in prices to fade over time, according to the researchers.
“While short-term inflation expectations have continued to trend upward, medium-term inflation expectations appear to have reached a plateau over the past few months, and longer-term inflation expectations have remained remarkably stable,” the researchers wrote in a blog post that was co-authored by New York Fed President John Williams.
https://www.bloomberg.com/news/articles ... f=lMtIv2Vb