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Economy

SWBTATTReg

(24,688 posts)

2. I loved the hyperventilation here 'SOARED', a whole whopping 7%. Sure it's not good,

Reply to peppertree (Original post)

Wed Jan 12, 2022, 01:07 PM

Jan 2022

but when one considers the consumer environment that has been rippling through the markets (supply and demand), some disruptions are bound to happen. Some economists I've read don't seem to be freaking out. I'm not.

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U.S. inflation soared 7% in past year, the most since 1982 [View all] peppertree Jan 2022 OP

And who was president in 1982? Patterson Jan 2022 #1

Well... peppertree Jan 2022 #3

I loved the hyperventilation here 'SOARED', a whole whopping 7%. Sure it's not good, SWBTATTReg Jan 2022 #2

Well said. peppertree Jan 2022 #4

Thank you. You are absolutely right in pointing this out (the hyper-inflation) that are in some... SWBTATTReg Jan 2022 #6

Absolutely. Real growth, even w/ some inflation, is always preferable to stagnant living standards peppertree Jan 2022 #7

Yeah, real gdp is up 5-6% for 2021 -- that's *after* adjusting for inflation unblock Jan 2022 #5

Hear, hear peppertree Jan 2022 #8

Average real (inflation-adjusted) earnings of production and non-supervisory workers progree Jan 2022 #9