(11-11-2021 07:07 PM)scorpius Wrote:  

(11-10-2021 03:26 PM)miko33 Wrote:  

(11-10-2021 03:17 PM)scorpius Wrote:  

(11-08-2021 05:46 PM)CrimsonPhantom Wrote:  

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

What rock have you been sleeping under? The Fed has been majorly concerned about deflation for years. That's why interest rates became virtually non-existent over the past decade. In fact it's still a major concern and thus why it's not bad at all if some of this inflation is permanent. If inflation was as concerning as the right seems to be making it out to be, the Fed would have already emergency pulled back all of it's stimulus and have started to raise rates by now. But it's looking like 2023 before we get to that point, if any time soon.