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remo_williams
Irvine, OC, CA
16 blogs/1133 comments
since Feb 14 2006

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Stagflation
Sep 30 2021 09:14PM more by remo_williams
Tags: Current Events

I was listening to a governmental economist today that raised the prospect of stagflation as a real concern.

Real concern or no?
      
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GoBallsDeep
Fullerton, OC, CA
152 blogs/11237 comments
since Dec 12 2019

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Sep 30 2021 09:30PM     link to this

Best to stop listening cause we're all fucked anyway
Of course, it's coming
Politicians need inflation to cheapen the dollar so they can pay back what they owe with debased currency.
Oldest trick in the book and one that's harpooned many a nation.
I've seen old menus where coffee was a nickel, breakfast 50 cents
Nowadays, you might as well throw your coins away and burn your $1 & $5 bills for heat
Houses were $50k, now $1m on their way to $20m for a 3/2 1,500 sq ft shack

Politicians lubs them some inflation
The stag part.......Not so much

InsearchofStarfish
Santa Ana, OC, CA
741 blogs/13135 comments
since Nov 17 2008

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Sep 30 2021 09:43PM     link to this

it's crazy time in the housing market
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