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It's never "transitory", thats a bullshit world the Fed is using to keep people call. The prices are never going to go back to normal even if the rise of inflat
by nbardy 5y ago
It's never "transitory", thats a bullshit world the Fed is using to keep people call. The prices are never going to go back to normal even if the rise of inflation ends we don't go back to normal prices unless things deflate.
- BitwiseFool 5y ago"Transitory" is a deceptively clever phrase. It implies the situation will go back to normal, or even reverse. Truthfully, it just means the increased rate of change in inflation is expected to decrease. Reminds me of a second derivative.
- dlp211 5y agoInflation is a rate. If the rate is transitory, who is being deceptive?
- BitwiseFool 5y agoIt's the rate of the rate of change that transitory is referring to. The average person, I suspect, isn't thinking about it in these terms.
- alphabettsy 5y agoI don't believe used car prices will be inflated forever, once supply catches up dealer markups on new cars will go back to normal, shipping costs will likely even out, etc. What I'm saying is there are reasons to believe it can go back to normal.