[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 110 KB, 1168x831, D630AECC-4C48-4DF8-B69E-7F59A617AFFC.jpg [View same] [iqdb] [saucenao] [google]
53530534 No.53530534 [Reply] [Original]

Why did he pivot with inflation over 6%?

>> No.53530541

>>53530534
Because anon, bobos are trannies

>> No.53530558
File: 166 KB, 1332x736, Screen Shot 2023-02-02 at 7.52.09 am.png [View same] [iqdb] [saucenao] [google]
53530558

>>53530534
Because 6% is the new 2%:
https://themarket.ch/interview/russell-napier-the-world-will-experience-a-capex-boom-ld.7606

>> No.53530578
File: 126 KB, 820x697, 1674531505731994.jpg [View same] [iqdb] [saucenao] [google]
53530578

>>53530534
retard nigger where do you see a pivot. higher for longer and no cuts

>> No.53530679

is the new normal

>> No.53530773

2% inflation means we get $100 loaf of bread in 2100

6% inflation means we get $100 load of bread in 20 years

>> No.53530775

>>53530534
rich people all got their 15% pay raise by now, turns out that 6% inflation doesn't hurt that much then. problems is their stonks aren't going going up properly anymore, so jpow is now taking care of that.

>> No.53530796

>>53530534
Because we owe too much debt and its actually fucking over

>> No.53530837

>>53530775
most of these wagie raises in 2022 were eaten up by increases in cost of living. https://www.wsj.com/articles/workers-lose-ground-to-inflation-despite-big-wage-gains-11673649460

>> No.53530893

>>53530534
If I’m not mistaken that’s year over year inflation, meaning a 12 month running average. You can’t go back in time and change inflation, so even if you managed to tackle inflation to become 0 month over month going forward, you will need to wait 12 months for the average reported inflation to reduce.

What really matters is watching the month-over-month inflation as that indicates what the 12 month average will revert to over time (a new 13 month cycle).

>> No.53531908

>>53530893
They can’t do a token burn like bnb or eth?

>> No.53531987
File: 189 KB, 925x932, 1655256692220.png [View same] [iqdb] [saucenao] [google]
53531987

>>53530534

>> No.53532143
File: 271 KB, 1169x1857, 59768F14-914E-4C3E-9AA9-5F842FBA7823.jpg [View same] [iqdb] [saucenao] [google]
53532143

>>53530893
Inflation for this year will also come in over 6%

>> No.53532257

>>53530558
They really are trying to sell this shit as the new norm. What a bunch of faggots. Just dump your dollars.

>> No.53532314

>>53532143
I don’t think you understood the 12 month rolling average. By this time last year month over month inflation was rampant. What I’m saying is that these rate hikes have been sufficient to place the month over month inflation into a sufficient range but we need more months of this to change the 12 month rolling average. That’s why we can start to tapper off.

>> No.53532325

>>53530558
Makes sense thanks

>> No.53532357

>>53530773
I just did the calculation and this isn't remotely true btw

>> No.53532470

>>53532314
The mom inflation for the month were in is over 7% annualized you dingus
No SPR releases to slow it either and Powell just nuked the dollar