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Re: I-Man post# 5579

Thursday, 08/11/2022 8:00:03 AM

Thursday, August 11, 2022 8:00:03 AM

Post# of 10957
well Mr businessman it isn't called the Consumer price index for a reason is it.
Consumer related items will start to fall in price following gas just like they rose.

Business aspects of the economy that go into overall inflation/recession calculations will take longer

In both areas there are very few things the government can control - especially this time around with the European war, politics and weather along with the hangover from Covid raising shipping costs astronomically which have hardly dropped.

I saw that German goods will cost more since they have to se smaller ships on the Rhine due to lowest river levels in memory, even using land transport instead.
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