Stimulypto! US Q3 Price Index Grows 3X Personal Consumption (Real GDP +2.3% QoQ)

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by confoundedinterest17

The good news is that US Real GDP grew at 2.3% QoQ in Q3 thanks to massive Federal government and Federal Reserve stimulus. The bad news? Prices are growing at rate of 6% QoQ, three times higher than the growth of real personal consumption.

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Runaway inflation, cooling personal consumption. This is the definition of “stimulyltpo”: the excessive spending by Washington DC in conjunction with excessive monetary stimulus from The Federal Reserve.

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Let’s see if Christmas season is jolly with Sewage Joe trying to scare everyone about Omicron.

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