WILL WE RE-VISIT THE 1980'S, OR... STOP IN THE EARLY 2000'S???
THING'S ARE GETTIN' OUTTA HAND AT A PRETTY RAPID PACE, IMO
MY PROPANE BUDGET INCREASED 75%, FROM LAST YEAR
HAVE A GREAT LABOR DAY
the money supply growth rate is quickly dropping back down to where it was before covid. but...
growth of 100% for just a year or so, is about the same as growth of 7% per year for the whole decade.
so i expect inflation to remain well above the feds target, even if it goes down a bit.
the buck has not collapsed because most other countries are worse.
the yen has gone down quite a bit the last couple years. so it will have a counter move at some point.
same for the euro. i think the euro will soon go down to its all time lows.