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Inflation

snarlcakes

All-American
Sep 9, 2009
9,454
15,246
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Inflation continues to rise and never went away. Perhaps DOGE making cuts isn’t a bad idea after all. We could use some deflation to slow it down.

 
Bessent will continue Yellen’s plan

Until and unless we get government expenditures (23.14% of GDP in 2024) down somewhere within the vicinity of our tax revenues (16.86% of GDP), we should expect inflation to be a continued problem. As it stands, this gap is projected to get wider, not narrower.

An increasing share of that debt is having to be purchased by the Fed. And let's not forget where they get their money from.
 
Until and unless we get government expenditures (23.14% of GDP in 2024) down somewhere within the vicinity of our tax revenues (16.86% of GDP), we should expect inflation to be a continued problem. As it stands, this gap is projected to get wider, not narrower.

An increasing share of that debt is having to be purchased by the Fed. And let's not forget where they get their money from.
Inflation will go along with cutting rates and charging a bubble economy…shouldn’t expect anything else
 
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