Mar 8, 2022
2:49:44pm
2:49:44pm
You really think we'll get back to 2-3% soon? I don't see that happening.
You are a lot more sanguine about the impact of the last few years' spending than I am.
Here's a graph that should make you nervous:
Liquid cash supply in the economy (M1) was at an all-time high of $4 trillion in Jan 2020 and is now $22 trillion. To think that the money supply could go 5x plus and have inflation return to base levels within a year doesn't make sense to me.
Here's a graph that should make you nervous:
Liquid cash supply in the economy (M1) was at an all-time high of $4 trillion in Jan 2020 and is now $22 trillion. To think that the money supply could go 5x plus and have inflation return to base levels within a year doesn't make sense to me.
- Previous username
- jkccoug
- Bio page
- Socrates Johnson
- Joined
- Jul 19, 2002
- Last login
- May 24, 2024
- Total posts
- 30,190 (2,121 FO)
Messages
Time
3/8/22 9:02am
3/8/22 9:05am
3/8/22 9:14am
The reason they say that is because they don't know any better and just want to sell homes. Come on now. Ragnar is right
3/8/22 9:16am
There’s only a lack of inventory relative to a given amount of demand. When people cite a shortage as a reason prices
3/8/22 9:35am
3/8/22 12:02pm
3/8/22 1:07pm
3/8/22 1:38pm
3/8/22 2:49pm
3/8/22 3:01pm
3/8/22 9:57am
3/8/22 9:20am
I think people are sitting on a lot of equity in their homes. They may have mortgaged to the max when they bought but
3/8/22 9:27am
3/8/22 9:31am
3/8/22 9:51am
3/8/22 10:51am