U.S. inflation expectations have shown remarkable stability this August. The University of Michigan reports that one-year inflation expectations remain steady at 2.9%, a figure that aligns with the average of the past four decades. Historically, these expectations have fluctuated significantly, peaking at a staggering 10.4% in January 1980 and bottoming out at just 0.4% in November 2001.
Similarly, the five-year inflation outlook remains unchanged at 3%, maintaining a stable trend in an otherwise unpredictable economic landscape.
I saw the American econ. guy (some gov. lackey) on youtube basically patting himself on the back about this.
"Inflation is down! It's steady! Wow! We've done a great job!" But, "We're cautiously optimistic... still more work to be done!"
Huh?
Bro...
Real inflation over the past 5 years is something like 40-60%. The money supply increase over the same time is unfathomable.
The sad thing is that this rhetoric actually fools and influences people.
Ugh.
reply
It's not important what we as fiat critics think looking at these fake data. Whar counts is the market's perceotion and the deltas. You need to understand that
reply
Oh I see what you're getting at. You're looking at the impacts of this esp on the markets, options and M2/3 money supply.
reply
Exactly. We both know that these data are BS and that the fiat system is a kind of neo-feudalism
reply
reply
Inflation is theft. There, I said it.
;-)
reply
This cant be real. If it is stable, should prices of products be slowly declining?
reply
No the rise of prices is steady
reply
after effects of covid stimulations?
reply
You mean covid 'simulation'? Yes
reply
you think this was just a dry run to see how high the sheep would jump?
reply
Absolutely. At this pointvYou shouldn't believe a single word that drops out of the pile holes of these freaks and parasites
reply
But why did it come out of the University of Michigan. I could believe it more if it was something from the east coast.
reply
It's their institute of macro analysis that established that numbrr