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Re: nowwhat2 post# 340855

Thursday, 05/06/2021 7:43:21 AM

Thursday, May 06, 2021 7:43:21 AM

Serious question. Everyone seems to love the word transitory right?

How does inflation be transitory?

Is it because there will be sudden and large wage growth to overcome the skyrocketing cost of everything?

Or will prices settle at deflationary levels lower than here?

There is a 3rd option I guess. Corporations lower prices to be nice guys...but I'm not holding my breath for that one.

Transitory = prices(materials) have to come down.

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