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We're Going To Have An Inflation-Push Economic Crash VERY SOON....
invite response
2016 Nov 9, 12:32pm 1,861 views 4 comments
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It will be like 1979 to 1983, but worse.
I was alive,well & ....sane,maybe.
Exciting times!
Young fucks don't have a clue.
MisdemeanorRebel
2016 Nov 9, 3:30pm
Please god Inflation, it sounds like a legend from the Golden Era, when there was moderate inflation and actual moderate growth in incomes and standards of living.
Boomers who skated away from half their first mortgage due to inflation have no clue how lucky they were.
NDrLoR
2016 Nov 9, 3:44pm
It will be like 1979 to 1983, but worse.
No, we won't have 135 HP Olds 98s and 125 HP Cadillacs. Actually by 1983 inflation was calming, but was still double digit in 1980-81:
1979 9.3 9.9 10.1 10.5 10.9 10.9 11.3 11.8 12.2 12.1 12.6 13.3 11.3
1980 13.9 14.2 14.8 14.7 14.4 14.4 13.1 12.9 12.6 12.8 12.6 12.5 13.5
1981 11.8 11.4 10.5 10.0 9.8 9.6 10.8 10.8 11.0 10.1 9.6 8.9 10.3
1982 8.4 7.6 6.8 6.5 6.7 7.1 6.4 5.9 5.0 5.1 4.6 3.8 6.2
1983 3.7 3.5 3.6 3.9 3.5 2.6 2.5 2.6 2.9 2.9 3.3 3.8 3.2
Gary Anderson
2016 Nov 9, 9:09pm
So 8e, I need to know what you are saying will cause cost push inflation? Are you saying Trump is weakening the dollar and therefore goods will cost more, leading to deflation?
....and it would've happened regardless as to who was elected.
It will be like 1979 to 1983, but worse.
Cheers!
p.s. Massive deflation will follow the inflation-caused economic crisis, when a ball-breaker like Volker is brought in to break inflation's spine.
#InflationaryRedux