/biz/ - Business & Finance

qrd?

>>50707116
>qrd
This is going to take years to correct. And quite a bit of pain. Unfortunately.

>>50707110
>There is no such thing as cost push inflation
Of course there is. What do you think happened in the 70s?

>>50707175
You will learn. Just as they did.

>>50707116

Shit gone get real bad.

Anyone with half a brain can see that this winter in the northern hemisphere is when Putin pulls the levers and gives Europe an option to pay or suffer energy and food shortages.

That'll drag down the US and developed world.. China might even try shit on with Taiwan..

To cut a long story short we're headed back to ww2 type tension later this year.. Except this time we have billions of smartphones with retards interconnected at the click of a button, bots, misinformation swarms etc..

Humanity simply can't keep pace with how quickly people want to fuck things up.. So it's the end. We're going to see ww3.

>>50707175
>print money to pay for lbj's social programs and vietnam
>inflation mysteriously appears out of nowhere a few years later
>do literally everything but turn off the money printer for an entire decade
>inflation keeps happening
>decide "fuck it" and turn off the printer at the end of the decade
>inflation mysteriously disappears a few years later

>>50707217
we aint gonna see shit

>>50707242
I hope you are right.

>>50707240
Utter nonsense.

>>50707261
You understand we are going to see real rates. Right?

>>50707110
Thanks watching now

>>50707306
There's always a real rate.

>>50707261
Nothing in my post was false. Vietnam and the great society did cost a shitload of money, inflation did happen afterwards, and it never stopped until rates were jacked to absurd levels and kept that way.

>>50707331
You're right. Sorry. 0%. HAHAHAHAHAHA

>>50707116
the fed created inflation and now they are not acting in a way to actually fight it

>>50707339
No, you are a clueless retard. There was no spike in the money supply, there was a massive supply shock.

>>50707348
You never graduated grade school, right?

>>50707364
wrong

>>50707364
The oil embargo lasted for less than a year.

>>50707217
>gives Europe an option to pay or suffer energy and food shortages.
>That'll drag down the US and developed world..
Why? Europoors freezing or starving are not my problem. It has no bearing on my life whatsoever.

>>50707417
1979 much

>>50707364
This is high quality bait. Well done.

>>50707217
When do we get to tell all the whores we're not fighting for them and their spawn?

>>50707445
Not an argument. The whole video is about cost push inflation, you retard.

>>50707466
Here's an argument: How did we achieve negative interest rates?

>>50707436
No, 1979 was the iranian revolution that disrupted oil production in iran. The embargo started in 1973 and ended in 1974.

>>50707242

I hope so too but unlike the shitty FUD from years gone by, the culmination of fuckery before us now has been brewing since the GFC and tacked on top of that is inflation, QT, instability in Europe including war, energy and food shortages, unpredictable weather absolutely heeming insurance companies and in turn premiums, geopolitical alliances shifting and tension rising everywhere.. Europe is literally on a knife's edge from collapsing.

But everyone looks at the NASDAQ, S&P 500 and bitcoin and see number go up and think everything is OK lol.

>>50707487
when?

>>50707499
The point is that 70s inflation was caused by energy supply shocks, not by any monetary policy.

>>50707512
Did you know at one point Canada offered 19.5% savings bonds?

>>50707522
It was a monetarist that tamed inflation. But rose coloured lenses always offer a safer outlook. I don't blame you.

>>50707522
We were hitting over 5% inflation before bretton-woods even collapsed at the start of the decade. The only time inflation was not high was during nixon's price controls which obviously were not sustainable.

>>50707242
you never hear the bullet that kills you

>>50707568
You didn't even watch your own video, jackass.

>>50707695
Well it would seem prices have gone up. No?

Watching this was a great refresher on why this is all pro Israel propaganda. Notice how everything is framed to the students in the context of asking their bosses for raises. This is the definition of pseudo science in that it all makes sense and fits the narrative until it doesn't. It assumes the concept of "all other things remaining unchanged" which is fantasy and not truly applicable in real life. It attempts to make order out of the chaos and while it does have some truth if we assume ceteris paribus , it just doesn't take into account all the death, shady backroom deals, starvation, etc that is real life. This is all just to produce more midwit wagies for the mega corps who think they understand how the economy works.
>The guys running the fed are Keynesian
Oh is that all they are professor?

>>50707810
Yeah, it's called cost push inflation. Watch the video.

I used to be a diehard deflationista but it seems more and more that globalization is finally over. No more cheap labor, no more cheap resources, no more maximum efficiency. Especially with the Taiwan stuff coming up. Wages are going to go up, stuff is going to get expensive, and exponential growth is no more.

>>50708025
Prices will do whatever they want them to do. You could make just as a valid contrary argument to your claim citing automation which is still being implemented in various forms at a rapid rate. Blame the clowns running the show, not the show.