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MEXICO will be asking for better benefits,such as health care.
Your avocado,papaya ,mangoes would all be higher
With Mexico joining a good part of the rest of the world with 1-2 child families, 2.0 fertility rate, even India, it's upwards and upwards! No stopping it!
Well republicans now run the house. So what is their plan to do something about inflation since that's what they ran on. Their agenda seems to be about investigating everything Biden and the January 6 committee. Not exactly helping to solve inflation.
Well republicans now run the house. So what is their plan to do something about inflation since that's what they ran on. Their agenda seems to be about investigating everything Biden and the January 6 committee. Not exactly helping to solve inflation.
You are conflating political theater with actual policy, a common mental shortcoming and good business for those who sell bull**** to the mentally challenged.
The solution to inflation is balance between supply and demand.
As mentioned way up thread, Fed policymakers have stated that they want the policy rate to be above core PCE, which is shaping up to be some combination of higher policy rates and gradual decline in the core PCE rate.
Seems they may have another 100 basis points to go, which could mean 50 basis points on December 14, then another 50 basis points over the ensuing 12 weeks, while monitoring the decline in core PCE.
No guaranty, but those are the current policy guidelines.
I agree with the OP in the sense that inflation will probably not go back down to 2% and below, as was the trend for about 15 years, but remain stuck in a 3%-5% range for a while: the supply chains prevailing over the past 15-30 years have been disrupted as the fabric of globalization has frayed, even busted open a seam or two, and some policymakers seem to be signaling that they know that it cannot be easily sown up and made to work exactly like before.
MEXICO will be asking for better benefits,such as health care.
Your avocado,papaya ,mangoes would all be higher
I know a lot of people in Mexico. For about $300 a year you get basic government health care. Health care and meds are cheap down there. You don't have all the malpractice and lawsuit issues like you do here.
The FED propped up this stock market with 8 trillion dollars and are now taking out their money. They are tapering off each month billions of dollars out of the stock market. They are starting slowly but the amount shall increase as time goes on.
Good. I have not been able to find out the Fed's monthly amount of QT since they announced their planned rate of about $900 million per year.
The stock market it silly high, but then I remember that the market has nothing to do with anything but invester sentiment. If people think the S&P should be 50,000, then the S&P will be 50,000.
Well republicans now run the house. So what is their plan to do something about inflation since that's what they ran on. Their agenda seems to be about investigating everything Biden and the January 6 committee. Not exactly helping to solve inflation.
The Republicans control of the House doesnt mean squat because the Dems still control the Senate & White House. The House can't name a new post office by itself.
So, since they cannot get ay of theri inititiaves passed, all the can do is black the Dems, and investigate.
That is the reality of the situation, so don't expect the Pubs to save the Dems from inflation, or the coming recession. All we have now is gridlock...except when it comes to spending Trillions more we dont have...then they will be tripping over each other to sing the next massive pork-barrel continuing resolutions (CR's).
They'll be all smiles as they walk out of the chambers with their arms around each others shoulders, smiling and laughing....makes me wanna puke.
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