1970s
FED’S BULLARD: THE FED RISKS A REPLAY OF THE 1970S IF IT CAN’T LOWER INFLATION SOON. I WOULDN’T RULE OUT SUPPORTING 50-BP MARCH HIKE.
FED'S BULLARD: THE FED RISKS A REPLAY OF THE 1970S IF IT CAN'T LOWER INFLATION SOON. — FinancialJuice (@financialjuice) February 16, 2023 FED'S BULLARD: I WOULDN'T RULE OUT SUPPORTING 50-BP MARCH HIKE. — FinancialJuice (@financialjuice) February 16, 2023 10-Yr right …
What to expect if inflation follows a similar course to the 1970s
h/t Infamous_Sympathy_91
Inflationary waves of the 1970s…
As inflation decelerates investors will think it's the end of it. Not my view. This is a structural problem caused by secular forces: ▪️ Wage growth▪️ Commodity shortages▪️ Reckless fiscal spending▪️ Deglobalization Inflation develops through waves, we just saw the …
Fed’s dilemma: Debt/GDP is 3x higher than in the 1970s, interest rates must go up to avoid hyper inflation but with government revenue of only $4 trillion and debt of $30 trillion, it would only take an interest rate of 13% for interest expenses to equal ALL government revenue…
by silvertomars Many warning lights are now flashing red for the US housing market… US Natural Gas Spikes 81% in 7 Weeks, Hits New 14-Year High Mish Shedlock: The Average US Household Pays 47 Percent More for Electricity Than a …
World Bank warns global economy may suffer 1970s-style stagflation, Risks of further deterioration are mounting
The global economy may be headed for years of weak growth and rising prices, a toxic combination that will test the stability of dozens of countries still struggling to rebound from the pandemic, the World Bank warned Tuesday. Not since …
Real interest rates in Germany… the inflationary shock of the 1970s is now barely registering on the chart… keep moving, nothing to see here…
by silvertomars https://twitter.com/dlacalle_IA/status/1519700296926179333
The Inflation Crisis Of 2022 Is Now Worse Than Anything That We Experienced During The 1970s
by Michael Most Americans don’t realize this, but we truly have entered historic territory. As you will see below, the inflation crisis of 2022 has now escalated to a level that is beyond anything that we experienced during the horrible …
2022 is making the 1970s to look like a walk in the park…
I lived through that period…and this time reality seems to be evading those who are supposed to be putting inflation under control. They are manipulating the data, creating diversions for what is causing the problems and continue to get further …
“The winners in the stagflationary 1970s”
“The winners in the stagflationary 1970s”This is the only piece of research I printed and kept over last couple of years (there’s even a coffee stain there).Obvious that long skew has to be towards Energy, Real Estate and Value pic.twitter.com/J3vjGnUI7q …
1970s kids vs 2000s kids
Original: https://t.co/91xk0OxPZv — Jack Posobiec (@JackPosobiec) January 17, 2022 h/t LSR
1970s Newspaper Article RESURFACES! Joe Biden Is A HUGE HYPOCRITE!
https://www.youtube.com/watch?v=B3sR5BozIAg
Just like the 1970s, wages are not keeping up with inflation
https://twitter.com/GoldTelegraph_/status/1479533193128726538
At the risk of being redundant, the current inflation is quite different than the 1970s.
At the risk of being redundant, the current inflation is quite different than the 1970s. It's more like the 1940s, as I've been saying since last year. When sovereign debt is high, interest rates stay low even if inflation runs …
WELCOME BACK, CARTER: America Tried the Biden Recovery Plan in the 1970s—It Was a Disaster.
via heritage: Fed by those new taxes and deficits, spending rose across the board. Billions went to city-scale housing projects and urban development, with mass public transit cutting swathes across urban moonscapes. The nation’s railroads were bailed out, with passenger lines …
USPS To Slow Mail Delivery Beginning Friday; ‘Will Be Slower Than In 1970s’; ‘Disastrous’…
Mail delivery for many Americans will slow starting on Friday, part of Postmaster General Louis DeJoy’s blueprint for overhauling the U.S. Postal Service in order to slash costs. But critics say the slower delivery standards could cause problems such as …
This Is The Worst Inflation Since The 1970s, And The Stage Is Being Set For The Total Collapse Of The U.S. Economy
by Michael Snyder How does it feel to live in a country with double-digit inflation? On Tuesday, the Bureau of Labor Statistics told us that the consumer price index has risen 5.4 percent over the past 12 months, and such …
Forget 5% CPI, prepare for double-digit inflation like the 1970s, invest here for protection
The economy is returning to a 1970s era of higher inflation, potentially reaching double digits, said Mark Skousen, editor-in-chief of Forecasts & Strategies. Speaking to David Lin, anchor for Kitco News, Skousen’s comments come as CPI data released Tuesday showed …
It took 25 years for stocks to recover ‘inflation losses’ from the 1970s
by Simon Black The ink isn’t even dry on the $1.9 trillion ‘Covid stimulus’ bill that was signed last Thursday in the Land of the Free. Yet they’re already talking about another “big, bold” spending package. This new bill will supposedly …
Paul Krugman Needs A Lesson On Why Truckers Are Paid Less Now Than In The 1970s
by William L. Anderson via Mises Wire One of the first lessons I give my economics students in the principles courses I teach or in my MBA classes is the famous Diamond-Water Paradox, or what economists historically have called the Paradox …
2000s is worse than the 1970s in terms of real returns
by FogDucker CPI in January 1970 was 37.9; January 1980 was 78. So the price level essentially doubled. (78/37.9).1 = 1.074 so inflation averaged about 7.4% a year throughout the 70s. The worst years were 1974 (~12%) and 1979 (~13%). Compared to …
WHY TRADE WARS? Back in the 1970s…
1/Americans get addicted to #consumption 2/#Manufacturing goes overseas for cheap #labor/trade deals 3/The US imports cheap goods in exchange for #dollars (creates deficit) 4/Foreign countries take excess dollars & buy US #debt (#treasuries) 5/Debt demand suppresses #interestrates 6/Low interest …
The Aftermath Of The Monetary Reset & Inflation Of The 1970s
Not only did the majority of US #households become dual #income, but home prices went parabolic So a home went from 2-3x one person’s income, to 5-6x two people’s income All part of the illusion… HOMES ARE NOT ASSETS-THEY ARE …
1970s: Slow and depressed GDP growth, high levels of inflation, high oil prices, stocks and bonds sell off together… What does that sound like?
https://twitter.com/OccupyWisdom/status/999079367618760704 https://twitter.com/OccupyWisdom/status/999234958307811329 https://twitter.com/OccupyWisdom/status/999241148781776896 https://twitter.com/OccupyWisdom/status/999236152216444928 Inflation Is Coming to the US Economy on an 18-Wheel Flatbed Multiple signs of inflation in freight-related industries are at or near historical highs, in what could be an early sign that price pressures are building …
Why Super-High Interest Rates Didn’t Matter So Much in the 1970s
by Lance Roberts Just recently, I was accused of “quietly abandoning” my belief that rates are ultimately headed toward zero. Nothing could be further from the case particularly as the recent rise in rates is accelerating my base case. The chart below, …