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Global stock markets drop as inflation fears prompt sell-off https://www.theguardian.com/business/2021/feb/26/global-stock-markets-drop-as-inflation-fears-prom

Global stock markets drop as inflation fears prompt sell-off https://www.theguardian.com/business/2021/feb/26/global-stock-markets-drop-as-inflation-fears-prompt-sell-off https://www.theguardian.com/business/2021/feb/26/global-stoc... Inflation Fears Will Settle, But Only If Growth Continues https://www.forbes.com/sites/randybrown/2021/03/11/inflation-fears-will-settle-but-only-if-growth-continues/ https://www.forbes.com/sites/randybrown/2021/03/11/inflation... Inflation fears hit markets as Fed sticks with low-rate policy https://www.spglobal.com/marketintelligence/en/news-insights/latest-news-headlines/inflation-fears-hit-markets-as-fed-sticks-with-low-rate-policy-63007367 https://www.spglobal.com/marketintelligence/en/news-insights...

dls2016 6y ago
Ok, so Jamie Dimon says not to worry and Jerome Powell doesn't see the US exceeding 2% target rate for an extended period of time. Your Guardian link is about the market (!= economy) and quotes "Andy Haldane, warned that an inflationary “tiger” might be on the loose"... so one "might". Your Forbe's link says, "Could this debt buildup and related deficit spending push inflation and rates significantly higher? Developed economy experience suggests the answer is no. Over the last two centuries, wealthy democracies have generally succeeded in preventing capital flight." And it has a sub-section entitled "Corrosive Inflation Is Fairly Rare". Your third link has a quote, ""The market's still trying to figure [this] out, myself included," said Dominic Nolan, senior managing director at Pacific Asset Management". Ok... so a money manager admitting he's still "figuring it out". What is the point of these links? Does anyone have a simple back-of-the-envelope calculation which shows that $1.9 trillion is "wrong" for inflation? If so, I haven't seen it. Instead we just get to read about the id of money managers (and probably classmates of the journalists).... barf... And I would ask you to do your own calculation. Is a few thousand dollars per family going to materially change the nature of their chronic underpayment (relative to productivity increases of last 40 years)?
- iso1210 6y ago
  The point is that 8 in 10 only read headlines, and there are many headlines saying about inflation fears, which embeds in peoples subconsciousness and is then used by politicians and commentators to manipulate
pessimizer 6y ago
It's really no joke that these sort of memes are pushed through every form of media until they dominate the debate. I wish there were newspapers that published my fears every morning, but would be cited in "serious" company as evidence of the reality of those fears.

dls2016 6y ago

Ok, so Jamie Dimon says not to worry and Jerome Powell doesn't see the US exceeding 2% target rate for an extended period of time. Your Guardian link is about the market (!= economy) and quotes "Andy Haldane, warned that an inflationary “tiger” might be on the loose"... so one "might". Your Forbe's link says, "Could this debt buildup and related deficit spending push inflation and rates significantly higher? Developed economy experience suggests the answer is no. Over the last two centuries, wealthy democracies have generally succeeded in preventing capital flight." And it has a sub-section entitled "Corrosive Inflation Is Fairly Rare". Your third link has a quote, ""The market's still trying to figure [this] out, myself included," said Dominic Nolan, senior managing director at Pacific Asset Management". Ok... so a money manager admitting he's still "figuring it out". What is the point of these links? Does anyone have a simple back-of-the-envelope calculation which shows that $1.9 trillion is "wrong" for inflation? If so, I haven't seen it. Instead we just get to read about the id of money managers (and probably classmates of the journalists).... barf... And I would ask you to do your own calculation. Is a few thousand dollars per family going to materially change the nature of their chronic underpayment (relative to productivity increases of last 40 years)?

iso1210 6y ago
The point is that 8 in 10 only read headlines, and there are many headlines saying about inflation fears, which embeds in peoples subconsciousness and is then used by politicians and commentators to manipulate

pessimizer 6y ago

It's really no joke that these sort of memes are pushed through every form of media until they dominate the debate. I wish there were newspapers that published my fears every morning, but would be cited in "serious" company as evidence of the reality of those fears.