SmilingTiger (smilingtiger)

Shocking to me how all of the “smartest” economists in the world do not understand that printing money causes inflation. When money supply went up big, they were shocked it resulted in inflation. Now money supply decreases and they are shocked inflation goes down.

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Consumer loan delinquencies keep on rising, surpassing pre covid levels and will not stop anytime soon. I am surprised people do not look at these figures more often to understand the “true” state of the economy

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Should the electoral college be abolished?

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Inflation will not tick up as there has been no new money printed in a while and no new supply shock. This will allow fed to lower rates in a so-so economy which is ideal, combined with ai productivity gains i expect the 2020s to be similar to 90s level growth.

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I find that people who drink espressos as opposed to large “american” coffees enjoy life more. Since espressos have less volume, you need to savor every sip and be present.

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Some things happen slowly, then all at once.

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Well said. Happy birthday V.

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