/biz/ - Business & Finance

Why do you guys think inflation is going to be the problem?

A bout of deflation from February through May caused “core” inflation as measured by the admittedly bullshit CPI to decline from a 2.4% year-over-year rate before the shutdown to just 1.2% in June. As demand for a number of deeply affected goods and services improved with the reopening of the economy, “core” inflation increased from May to June at a faster-than-expected 2.9% annualized pace, raising inflation concerns. But the gain was led by apparel and travel-related prices in a sharp reversal of particularly big declines during the shutdown and is unlikely to persist. I would imagine inflation will actually drop as the velocity of money is so low.

Open to being convinced otherwise.

>>20440537
In America, with all these guns, imagine the blood.

>>20440584
I never understood why liberals want immigration when it hurts black people so badly. I mean all those immigrants end up taking jobs from the blacks. Literally supply and demand.

What do you guys think of bank stocks for longs? Seems like if they are making 4-5 points on these PPP loans they should have a pretty good year, no?

>>13525378
Sauce on webm please?

>>12380694
if you have a high / max credit score, credit history, income, a few funds in, place the house itself as collateral and the full downpayment then yes it's like using a credit card to buy candy at the candy store