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Inflation is higher than 2.885%. Anyone buying bonds now is A) causing yields to drop B) still losing money to inflation.
by freejulian 9y ago
Inflation is higher than 2.885%. Anyone buying bonds now is A) causing yields to drop B) still losing money to inflation.
- efuquen 9y agoNo, it isn't. Inflation hasn't event hit 2% (Fed goal) yet. https://www.thebalance.com/current-u-s-inflation-rate-statistics-and-news-3306139 https://www.thebalance.com/current-u-s-inflation-rate-statis...
- dragonwriter 9y ago> Inflation is higher than 2.885% Official BLS has had it at a 2.0% annual rate for the first half of 2017 and a 1.7% for the second; some citation would be welcome on the claim that it's jumped to something above a 2.885% annual rate since...
- freejulian 9y agoSorry, inflation in the price of things people actually want to buy. The government has every incentive to lie about real inflation.
- dragonwriter 9y ago> Sorry, inflation in the price of things people actually want to buy And still, actual evidence that the rate of inflation “in the price of things people want to buy” is 2.885% or higher is missing. Trying to blur the topic is not a substitute for supporting your fact claims.
- freejulian 9y agoMissing? Basic shelter needs increase in price roughly 8% per year.
- dragonwriter 9y ago> Basic shelter needs increase in price roughly 8% per year. Again, source? Housing (urban, at least) has less than 1% quarterly inflation recently: https://data.bls.gov/timeseries/CUSR0000SAH?output_view=pct_3mths https://data.bls.gov/timeseries/CUSR0000SAH?output_view=pct_...