The Fed “loses credibility every time they highlight the PCE instead of any other inflation gauge such as the CPI and tells us that low inflation is a problem and they need to get it higher. Tell that to the person that is buying healthcare insurance and services ..” @pboockvar pic.twitter.com/J1L5cSHV9D
— Carl Quintanilla (@carlquintanilla) December 11, 2019
Inflation is needlessly complex.
Creation of money is the inflation. We already have it. To get the resulting price increases (what people call inflation) you need velocity.
Velocity cannot get going until people (1) get the money (2) lose confidence in its purchasing power. t.co/R8IG5HVCLs pic.twitter.com/hLKWYy4eaU
— Occupy Wisdom (@GeorgeFreemen) December 1, 2019
— Occupy Wisdom (@GeorgeFreemen) December 9, 2019
Rising inflation with historic low unemployment rate?
Resembles the late ‘60s.
Something to consider when inflation expectations are at 40-year lows. pic.twitter.com/nc1wwsqHFf
— Otavio (Tavi) Costa (@TaviCosta) December 10, 2019