Now all of the sudden economists think inflation will be up for years to come

[Saltwater60]

This is a joke move been saying this and everybody else in the expert world was saying oh no it’s short term. I guess I should be the federal chairman and not the moron who couldn’t get this right.
Of course time will tell and a lot will depend on what Biden does. IMO this is why he hasn’t done the student loan forgiveness and hasn’t handed out more money.

Higher Inflation Is Here to Stay for Years, Economists Forecast

Americans should brace themselves for several years of higher inflation than they’ve seen in decades, according to economists who expect the robust post-pandemic economic recovery to fuel brisk price increases for a while.

www.wsj.com

 

[kev74]

Obviously Trump's fault!

 

[spat]

Anyone who couldn't see this coming when the first stimulus check was announced is a fool.


The only question is how bad will it get.

The danger is that if it gets bad enough, there is q tipping point you can't get back from.

The left was willing to burn down the whole country to get Trump out of office, and they may have succeeded.

 

[livingston]

Went to the store and spent $50 bucks without buying any booze.. ..Milk eggs bacon .......

 

[livingston]

Coffee Prices Soar After Bad Harvests and Insatiable Demand

Global consumption set to exceed production this year as Brazil is hit with worst drought-driven drop in output in almost 20 years

Coffee Prices Soar After Bad Harvests and Insatiable Demand

The rises threaten to drive up costs at the breakfast table as the world’s biggest coffee producer, Brazil, faces one of its worst droughts in almost a century.

www.wsj.com

 

[Deplorable Me]

The government loves inflation on a local level. Increased sales tax revenue.