some_banker_guy

3 ms·

1. 1.▲
   by some_banker_guy 4y ago

   Agreed, nice to see someone talking about recent inflation figures. I think the real issue remains the labour market, it's not clear if companies are labour hoarding still or we are somehow amidst a massive shortage. Anything you do to
2. 2.▲
   by some_banker_guy 4y ago

   While this is true, the size of direct fiscal in the US i.e. stimmie checks was enormous. I think the original poster is correct, I encourage anybody in this thread to look into what happened with used cars. At times that accounted for as m
3. 3.▲
   by some_banker_guy 4y ago

   I know it's upsetting to a lot of people and they don't like it, but if you can charge a higher price and still sell it, it is economically rational to charge that. PS. Don't roast me, I'm not defending the practice, jus
4. 4.▲
   by some_banker_guy 4y ago

   I think this is slightly misguided, the cost of shipping was what exploded (see link below). It wasn't really a capital destruction as much as logistical issues/spill over from coronavirus. https://www.freightos.com&#x2
5. 5.▲
   by some_banker_guy 4y ago

   https://ycharts.com/indicators/us_monthly_inflation_rate which is partly why inflation is so much better recently. Services inflation ex OER (i.e. excluding housing which for legacy reasons is extremely slow moving ave