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Telling that your comment is starting to gray out but I have a degree in economics and I don't listen to talk radio Housing inflation has averaged 14% to start

• newacct583 5y ago
  Great, then surely you can cite me the source you used to predict that general inflation (not, ahem, some cherry picked real estate numbers) would be higher than 7% over the life of this bond, producing the negative interest you were teasing?
  • aeternum 5y ago
    NY Fed is predicting near/over 7% in many categories: https://www.newyorkfed.org/microeconomics/sce#/commodexp-1 https://www.newyorkfed.org/microeconomics/sce#/commodexp-1
    • anm89 5y ago
      Right, calling this some kind of talk radio conspiracy theory is completely ignorant. Go to the analysts at any major bank and see what they've got in their models. Or better yet, as you mentioned, go to the fed itself. And you KNOW, the fed is understating, not overstating those numbers.
    • newacct583 5y ago
      Not for five years they aren't! That chart ends in a few months. It's just reflecting CURRENT inflation rates. Again I ask, because everyone insists on cherry picking their way around this: Where is the source predicting a >7.12% inflation rate over the next five years? There is none. That's looney-tunes conspiracy nonsense.
• jacquesm 5y ago
  And that being an average: it is much worse in some places, here in NL it's 20%, and there are countries where it is even worse.