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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.
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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
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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.
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Exactly. We both know that these data are BS and that the fiat system is a kind of neo-feudalism
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Inflation is theft. There, I said it.
;-)
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This cant be real. If it is stable, should prices of products be slowly declining?
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No the rise of prices is steady
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after effects of covid stimulations?
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You mean covid 'simulation'? Yes
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you think this was just a dry run to see how high the sheep would jump?
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Absolutely. At this pointvYou shouldn't believe a single word that drops out of the pile holes of these freaks and parasites
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But why did it come out of the University of Michigan. I could believe it more if it was something from the east coast.
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It's their institute of macro analysis that established that numbrr