Just a quick thought on today's inflation figure: since in my opinion the inflation rate generally follows m2, i.e. the money supply, we still have quite a way to go before the next wave of inflation really gets going again.
21 sats \ 6 replies \ @Undisciplined 11 Jan
We're starting to see prices coming down in our area. I wonder if people are noticing that yet, elsewhere.
reply
453 sats \ 5 replies \ @TomK OP 11 Jan
But don't be too optimistic. The chinese already started their liquidity pumps as they were facing some deflationary pressure. The biggest pump of all time is coming to all of us. You know what to do...
reply
21 sats \ 4 replies \ @Undisciplined 11 Jan
That should serve to strengthen the dollar though.
reply
453 sats \ 3 replies \ @TomK OP 11 Jan
Depends on the superstar in the WH and his debt pump
reply
21 sats \ 2 replies \ @Undisciplined 11 Jan
It might be fleeting, but they got a head start so we should get some benefit.
reply
453 sats \ 1 reply \ @TomK OP 11 Jan
I saw today that the electricity costs in Germany will double again this year. They are in big big trouble
reply
0 sats \ 0 replies \ @Undisciplined 11 Jan
That's wild. I'm guessing Germany didn't have low electricity costs in the first place.
reply