Replies to post #24070 on The Rising Influence of Rising Affluence

[Fred Kadiddlehopper]

Totally agree about the inflation hype, not so sure about the unemployment analysis.

[DewDiligence]

Counterpoint vis-à-vis inflation and Fed policy:

https://www.wsj.com/articles/the-feds-risky-fill-the-punch-bowl-strategy-11623085554

[DewDiligence]

There is no inflation right now—except in housing, cars, gas, food, and a few other petty categories.

h/t ‘Jacob Snyder’ on SI.