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1. The inflation situation is not "on fire." It's bad for sure but let's not catastrophize here. 2. If a building is on fire, the goal is not to make the build
by thinkharderdev 4y ago
1. The inflation situation is not "on fire." It's bad for sure but let's not catastrophize here.
2. If a building is on fire, the goal is not to make the building a meat locker for a few months/years to "compensate" for the fire. The goal is to put the fire out and return to a normal temperature.
- listenallyall 4y ago> the goal is not to make the building a meat locker Well, you do put out fires with a CO2 file extinguisher blasting at 50 or 60 below zero. > let's not catastrophize here. Minus 2 percent inflation would be closer to the "Fed target" than the recent 7-8% we have been experiencing. The idea that many of you are trying to push, that deflation of any kind is a guaranteed financial disaster, that's the hyperbole that ought to be suppressed.