4 ms·
Wait, you're predicting 40% inflation in the US over the next few years?
by greedo 5y ago
Wait, you're predicting 40% inflation in the US over the next few years?
- sleepysysadmin 5y ago>Wait, you're predicting 40% inflation in the US over the next few years? So is many others. It's possible to look at the numbers and make the assumption the central banks won't reverse this. Afterall that basically never happens in history. M0 money supply was increased about 100%. M1 was increased by about 400% Those arent direct relationships, M2 on the otherhand... the bump from covid and increase in rate clearly denotes about 40% inflation locked in. It wont show up all in 2022. It'll spread out over time. But worse yet, what happens in between?
- hermitdev 5y agoNot the person you're responding to, but 6.8% compounded over 4 years is 30%, at 5 years, you're at 39%...
- greedo 5y agoYes, but that's not what the parent was saying. They were clearly implying 40% YoY, which is beyond even zero hedge nonsense.