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It's no secret my friend. Look around, prices for pretty much anything you want to purchase are higher. Gas, houses, lumber, CPUs, food, cars. Unilever: https:

It's no secret my friend. Look around, prices for pretty much anything you want to purchase are higher. Gas, houses, lumber, CPUs, food, cars. Unilever: https://www.just-food.com/news/unilever-experiencing-worst-inflation-in-almost-ten-years_id145620.aspx https://www.just-food.com/news/unilever-experiencing-worst-i... https://www.bloomberg.com/news/articles/2021-05-04/inflation-risk-intensifies-with-supply-shortages-multiplying https://www.bloomberg.com/news/articles/2021-05-04/inflation... https://finance.yahoo.com/news/here-are-17-food-companies-that-have-warned-about-rising-inflation-190503209.html https://finance.yahoo.com/news/here-are-17-food-companies-th...

whimsicalism 5y ago
You're not going to convince me about macroscale inflation by linking to price increases by individual firms. https://fred.stlouisfed.org/series/T10YIE https://fred.stlouisfed.org/series/T10YIE
- listenallyall 5y ago
  Did you notice inflation 5x'd in the past year, according to the link you just posted?
  - whimsicalism 5y ago
    Just look at a larger timescale. All of this is consistent with average inflation targeting of 2%, ie. The fed mandate. Prices now are entirely consistent with average 2% inflation during the course of the last two years, it only increased so much due to prior sharp decreases in inflation.
    - listenallyall 5y ago
      Riiiight... supply shocks, labor shortages, free government money, panic buying, shipping constraints, raw input prices, energy instability, all have nothing to do with the highest inflation print in nearly a decade. It's all just "prior sharp decreases." Gotcha.
      - whimsicalism 5y ago
        Supply shocks definitely have to do with the month-over-month phenomenon. But I don't see how you can look at that graph and not see the obvious correction for a massive downtrend in inflation pretty much exactly a year ago. Whatever, the more people who have a bad mental model of what's going on, the more I make on the stock market, so it's NBD. I would actually encourage you to bet lots of money on your beliefs, it's just another opportunity for arbitrage for me and the institutional investors who know how markets work.
        listenallyall 5y ago
        Markets, especially equity markets, "work" when all available information is taken into account. Information, like first-party reports from the world's leading consumer goods companies, that they are planning to raise prices, or have already begun to do so. But you've already said you don't pay attention to that nonsense. Arb works great, until it doesn't. Go ask LTCM.

whimsicalism 5y ago

You're not going to convince me about macroscale inflation by linking to price increases by individual firms. https://fred.stlouisfed.org/series/T10YIE https://fred.stlouisfed.org/series/T10YIE

listenallyall 5y ago
Did you notice inflation 5x'd in the past year, according to the link you just posted?
- whimsicalism 5y ago
  Just look at a larger timescale. All of this is consistent with average inflation targeting of 2%, ie. The fed mandate. Prices now are entirely consistent with average 2% inflation during the course of the last two years, it only increased so much due to prior sharp decreases in inflation.
  - listenallyall 5y ago
    Riiiight... supply shocks, labor shortages, free government money, panic buying, shipping constraints, raw input prices, energy instability, all have nothing to do with the highest inflation print in nearly a decade. It's all just "prior sharp decreases." Gotcha.
    - whimsicalism 5y ago
      Supply shocks definitely have to do with the month-over-month phenomenon. But I don't see how you can look at that graph and not see the obvious correction for a massive downtrend in inflation pretty much exactly a year ago. Whatever, the more people who have a bad mental model of what's going on, the more I make on the stock market, so it's NBD. I would actually encourage you to bet lots of money on your beliefs, it's just another opportunity for arbitrage for me and the institutional investors who know how markets work.
      - listenallyall 5y ago
        Markets, especially equity markets, "work" when all available information is taken into account. Information, like first-party reports from the world's leading consumer goods companies, that they are planning to raise prices, or have already begun to do so. But you've already said you don't pay attention to that nonsense. Arb works great, until it doesn't. Go ask LTCM.