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Re: FFFacts post# 680212

Friday, 05/28/2021 10:33:10 AM

Friday, May 28, 2021 10:33:10 AM

Post# of 796190
I think the Japanese Economy experienced DEFLATION for over 10 YEARS! True when you raise employees salaries it is almost impossible for you to lower them, the problem is THAT BUSINESS CAN'T RAISE PRICES OF THE GOODS OR SERVICES THEY OFFER WITHOUT LOSING SALES! The Federal Reserve DESPERATELY wants to avoid Deflation, Vietnam, Mexico, China, et. al offer CHEAP LABOR (and less regulations) for manufacturing for the 10% to 20% of GDP that goes to buying Goods in this country, and technology tends to lower input costs of goods and services sold.

Listen to Jerome, "We want inflation to run on AVERAGE around 2%", "We expect temporary inflation above 2% during reopening"



https://www.cnbc.com/2021/05/28/job-searches-jumped-5percent-in-states-cutting-unemployment-benefits-indeed.html

https://www.cnbc.com/2021/05/28/pce-price-index.html

https://www.cnbc.com/2021/05/26/kelly-evans-the-housing-market-is-insane.html?recirc=taboolainternal