iQSTEL Inc (IQST)

[moneyman2013]

Nothing like a self-fulfilling prophecy. It starts with one or more economists speculating on the effects of inflation, and then turns into a small scare that the market uses to cause a small selloff, then the economists say "look at the market...it's in a sell off mode...we must've been right...let's talk about the possibility of a recession" to which the market again responds and scares you more to sell off again...

This is no different than Trump saying "I've heard people saying there is fraud...blah blah" to which the media says "we're hearing talk of fraud (from Trump himself" to which Trump then says "I hear the media talking about this fraud thing"...

FFS, we all know inflation is a bit high, and yes prices are a bit high, but the consumer is still spending. I would've expected a retraction in spending, but it is not happening, and now the Fed is wanting unemployment to rise to combat inflation...
If this inflation is as bad as they are saying, eventually it will level off and become the new norm. Yeah, I don't like high gas prices, but crap, we pay 1/3rd of what the EU pays for gas, even before the Pandemic.

This is all a self-fulfilling prophecy started by people afraid of their own shadows, and being utilized by the Markets to push prices down...they will eventually let it rip vertical again, but not until they have gorged themselves at the stock feed trough