Posted 10/14/2021 07:56 (#9268175 - in reply to #9268130) Subject: RE: The Feds are in a corner.
I believe the fed could be correct in the idea that this inflation is a one-time deal (transitory). So prices have rose but what makes everyone so confident they will continue to rise? I am betting little on the idea that major inflation is here to stay. Other then the large injections of cash there has been nothing else change. Population growth is still slowing and we have a mature economy, this isn't the 70's with the baby boomers hitting the economy.