South central kansas | fezman - 8/24/2025 09:41
It’s hard for me to believe inflation is dead for very long unless we show more fiscal discipline as a country. We keep printing new money. There will be cycles where it goes down, especially in certain industries, farming, housing, etc. , but it is going to be hard to reign in unless we slow the supply of money and credit. We live in a different world than 1970. I don’t think there is a Paul Volcker on the horizon, or the political will to turn him lose.
Fiscal discipline is no longer on the government agenda, e!on was right in his war of words with Trump.
https://x.com/KobeissiLetter/status/1959636646925852986 |
Inflation vs 70’s
