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Inflation held steady in December, 2.7% for the year (2025)
Posted on 1/13/26 at 7:47 am
Posted on 1/13/26 at 7:47 am
Per WSJ.
Posted on 1/13/26 at 7:50 am to udtiger
quote:
Inflation held steady in December, 2.7% for the year (2025)
too high, raise rates , need to be below 2%.
Posted on 1/13/26 at 7:51 am to evil cockroach
quote:
need to be below 2%.
It is below 2%
But muh tariffs!!
Posted on 1/13/26 at 7:52 am to udtiger
This post was edited on 1/17/26 at 10:33 pm
Posted on 1/13/26 at 8:27 am to evil cockroach
quote:
too high, raise rates , need to be below 2%.
I think they've quietly given up on 2%, realizing they can't continue to fight Congress' constant creation of fricktons of dollars through $2+T deficits each year.
Posted on 1/13/26 at 8:28 am to evil cockroach
quote:
too high, raise rates , need to be below 2%.
No, No, No, raise the tariffs. FIFY........
Posted on 1/13/26 at 8:32 am to Bard
quote:
I think they've quietly given up on 2%, realizing they can't continue to fight Congress' constant creation of fricktons of dollars through $2+T deficits each year.
This. And let’s lower rates. Oh and while we are at it, let’s bring back some quantitative easing, but we will call it something else. I mean, it’s almost like we read a book on MMT and said hold muh beer.
Posted on 1/13/26 at 8:39 am to Ten Bears
quote:
I mean, it’s almost like we read a book on MMT and said hold muh beer.
A couple of years ago I made a post mentioning I thought Congress would be the ones to start pushing some variations of MMT philosophy as a way to avoid having to cut spending. While no one is actively out there stumping for it, they do indeed appear to be following it. All we're missing now is for the Treasury to be allowed to print off a $40T coin (under 31 U.S.C. § 5112(k)) to pay off its debts and create a "surplus".
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