DEUTSCHE declares warning

www.cnbc.com/2021/06/07/deutsche-bank-wa...ising-inflation.html

Going against the grain,the bank sees OTHER scenarios

And this is a surprise? Anyone with the slightest knowledge of economics (except idiots like AOC), understands what happens when you dilute the currency to the extent this administration is doing and planning for the future. We don't really need a link for that, but maybe you could send it to the Harris/Biden administration. They probably won't understand it, but you'd be doing your part to help the country.

en.wikipedia.org/wiki/Jerome_Powell

UNDER TRUMP and bi-partisan approval he has the helm.....WTF

I have been warning about inflation since 2008 but it never seems to be that bad. Part of it is the government fudging on the numbers. They have been under reporting inflation numbers for along time so they don't have to increase Cost of Living Adjustments to Social Security and other programs. Maybe Team Biden will bring back President Carter's Stagflation?

Earth to Fred: Stagflation is already here. Now we await increasing interest rates or the alternative further devaluation of the currency.

ramage wrote: Earth to Fred: Stagflation is already here. Now we await increasing interest rates or the alternative further devaluation of the currency.

Bright side? Devalued currency makes US goods cheaper to sell overseas. The WSJ said today that $100 oil is back on the table. I just filled up, $15 for four gallons. Thanks Joe!

DIRE SECOND WARNING


thehill.com/opinion/finance/557743-deuts...-warning-for-america

It looks like level headed senators from both parties are worried about the dangers of inflation right now. Expect to see Biden's infrastructure plan to be reduced. I would love to see one where they just give cities and states lump sums and let them decide what is most important to build or repair right now.

homeagain wrote: DIRE SECOND WARNING


thehill.com/opinion/finance/557743-deuts...-warning-for-america

A pair (or more) sources say the same thing...alarms are alerting,pay attention

Questions
#1. What is the plan by the Biden administration besides intentionally making our energy more expensive which in turn makes everything we buy and do more expensive?

#2. We really shouldn't worry about inflation since white supremacists are the biggest threat we need to be worried about.