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/biz/ - Business & Finance

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25172057 No.25172057 [Reply] [Original]

If the USA is printing trillions and trillions of dollars, I think last I read 30% of all dollars in existence were printed this year, then why aren't inflation forecasts fucking insane right now?
It seems to me like everything should be costing way way more than it did this time last year

>> No.25172080

Velocity of money is low with people locked down, poor and not spending.

>> No.25172086

>>25172057
When was the last time you were in story of groceries? it is the expensive to not eat the trash

>> No.25172153

>>25172086
>it is the expensive to not eat the trash
What the hell are you talking about? Grilled chicken is the best thing in the world for you and it's like $4 a pound
>>25172080
So when the lockdowns are over is inflation gonna explode?

>> No.25172303

>>25172057
mainly because of the way they gauge inflation (they want to make things seem better than they really are) and because of the money velocity as other anons have said. Look up the burrito index if you want to see what we've already been through inflation-wise in "good times"

>> No.25172337
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25172337

>> No.25173066

>>25172057
Consumer prices are somewhat stable. Asset prices (e.g., property, stocks) inflate.

>> No.25173282

>>25172086
Veggies are dirt cheap

>> No.25173521

>>25172057
When we got off of the gold standard the fed secretly switched to the arizona standard. For every dollar they print, one arizona iced tea is produced. The consumption of these causes market deflation, and is how arizona has kept their 99 cent price tag all these years.

>> No.25174505

sending $2000 checks to burgers would have increased money velocity and fucked us with inflation, which is why they haven't given another stimulus. as other anons said, asset prices are going up, consumer prices have not gone up YET.