The United States is living well beyond their means, and no one seems to care, Deficit spending is inflationary, and overspending can't be reduced You have to laugh at the names they dream up to spend money they don't have 24 Oct 2022 — The ...

AS SHOWN ON THAT OUT-OF-DATE CHART, the US was first out of the gate. There are a lot of lags to be thought through. It's funny people don't want to talk about the EU but the Euro Zone. Germany is in a recession already. Maybe that's a Dynamo ...

out of date chart

That's the cost of Brexit to the EU

The information provided is wrong or lacking. Hangman is one candle, so its reliability is lower Also, often, not a top but a pullback.

CPI went up 1.2% in a month when the annual target is 2%. It had a 2.5% read drop-out data, which made the fall happen but has 13 reads at about 9% or higher. This will be hard to change later, to reverse that steady rise like that, you need very ...

I don't think it could be anything at all D Just look at Gov bond yields where IR are going. I can clearly see 12 readings at over 9% and not one deflationary story that would be in the last month data.

Bailey will invent a new shock later

it's NOT dropping 2% tomorrow maybe 1%

That's all YOU need to know. Then you wouldn't be wrong about inflation so much. Anyone that believed transitory or supply chains line were proved wrong already, although there are a few of those people kicking around. You can't unpick ...

You can pick through those made-up CPI numbers for reasons why? It's so high. Next week it will be something new. Any inflationary event will be magnified, sending countries 5x+ their target until a balance is achieved. There is no difference ...

I'm just repeating the chart projections of the BoE and OBR(above); you can see it was to fall off a cliff at the same rate it went up according to them. Inflation is a monetary phenomenon; the shocks give a reason for where inflation arises. ...

[quote=Blessed-man;14399689] Forecast somehow have a role in determining reactions[/quote Because it's nowhere near the central bank or OBR projection, inflation should be slowing at the same rate it went up from January. But it's flat double-digit.

The rate direction is up.

That is the system the free market work to. What holds rates down are expectations, the new threat of more QE and outright confidence in the central bank. They look forward in years when selling debt.

yea, but that's still hot wage rises, and pensions, benefits, or anything linked to inflation just went up 10%. There's NO WAY inflation will fall to target this year as projected by the BoE dummies imo.