More inflation concerns. Rising wages are causing prices to rise!! Duh??

[Saltwater60]

Turns out I was right again. Funny how if you look at raising the minimum wage and inflation you won’t find a single article on it but this one piped up today. Even this doesn’t talk about the minimum wage impact just having to attract workers.

 

[Catskillkid]

Watched a brief segment about inflation this morning on the Today Show. They acknowledged that prices are going up but said it was a result of all the pent up demand in the economy and people have been spending now that lockdowns have ended and most venues have opened up.

While there may be some truth to that I don't buy it. I mean, it couldn't possibly have anything to do with the Trillions of dollars that Uncle Sam has printed out of thin air, could it?

 

[dwa12479]

Watched a brief segment about inflation this morning on the Today Show. They acknowledged that prices are going up but said it was a result of all the pent up demand in the economy and people have been spending now that lockdowns have ended and most venues have opened up.

While there may be some truth to that I don't buy it. I mean, it couldn't possibly have anything to do with the Trillions of dollars that Uncle Sam has printed out of thin air, could it?

Stop speaking so logically.

 

[Catskillkid]

Stop speaking so logically.

Sorry, it's my fatal flaw.

 

[Saltwater60]

Watched a brief segment about inflation this morning on the Today Show. They acknowledged that prices are going up but said it was a result of all the pent up demand in the economy and people have been spending now that lockdowns have ended and most venues have opened up.

While there may be some truth to that I don't buy it. I mean, it couldn't possibly have anything to do with the Trillions of dollars that Uncle Sam has printed out of thin air, could it?

They are buying time hoping it eases. It won’t and I’m hoping they lose in 22 as a result.