Topic: Permanent inflation or "just temporary" - page 3. (Read 531 times)
Inflation is inevitable. It is a fact that we must all accept. But from the highest structure of society, the people at the top are the ones who mainly worry about it because they are the ones who will be heavily affected by it. worth more than this, we can't stop it, it's even more interesting: sometimes organizations decide to get back into the game and ask for a raise, masking inflation "sometimes better than sometimes sometimes better sometimes worse" for some workers. so we will always face inflation in life no matter in any profession.
This really might not be a temporary rise in inflation. We have already been waiting for a global economic recession for a long time. And I believe that it will happen in the near future. And these might be little signs of it. As long as FED continues to print money like there is no tomorrow, it will cause dollar to lose in value a lot in time. And this will not affect only the USA of course.
Just about the whole world experienced a recession in 2020 during the COVID lockdowns. I don't know that we're "waiting" for another recession so much as still recovering from the one we just had. The question is if inflation is going to make the economic recovery much harder than it needs to be, as stimulus is the obvious answer to economic recession, and stimulus is really dangerous when you're already undergoing inflation.
How do you even tell whether this is going to be temporary or permanent? In my country inflation has been a serious problem for years now, and it just keeps on increasing. So, I don’t really think that this is going to be it's temporary inflation, especially in countries where the government are not doing anything serious to solve the issues that the country is having.
So, if the government are not going to do anything to solve these issues, then how are they going to be able to fight inflation? Inflation is a result of issues that are affecting the economy of our country. So to stop it the government has to tackle these issues.
So, if the government are not going to do anything to solve these issues, then how are they going to be able to fight inflation? Inflation is a result of issues that are affecting the economy of our country. So to stop it the government has to tackle these issues.
When it comes to inflation, i don't really think or see it as a temporary situation. Yes, we may at some point experience temporary calm in the situation of things, but soon after inflation will become a topic again. It is safer to plan to seek out ways to earn more and be able to support your lifestyle, because inflation to me will always be constant.
Unless, of course, you save your wealth into decentralized crypto assets
This is definitely not going to be a temporary situation.
Inflation has been happening to fiat currency, representative currency, and any centrally issued currency since the dawn of time.
Why are people still surprised when they see inflation jump to 5% p.a.?
In fact, that's actually fairly good in the grander scheme of things. Historically we have seen 10% p.a.+ inflation in most countries, on average.
Inflation is built into the fiat economy.
The fact that countries have an inbuilt inflation target should be enough to prove that.
To think that inflation is just transitory is absolutely ridiculous. You might as well be saying to yourself that fiat is going to last forever even though all the fiat currencies that we have ever seen in history have gone down in flames irrespective of their country of origin.
The fact that countries have an inbuilt inflation target should be enough to prove that.
To think that inflation is just transitory is absolutely ridiculous. You might as well be saying to yourself that fiat is going to last forever even though all the fiat currencies that we have ever seen in history have gone down in flames irrespective of their country of origin.
A few leaders of OCDE countries are speaking wishfully about inflation, stating that this is just "a temporary peak". However this may or may not be the case. Even the people with best information (CEOs of large companies and perhaps some ministers) are unclear about how long do we have to endure inflation.
My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
I believe that the highness of the inflation is definitely temporary, at least in my nation, but the inflation that is more than what it should be is permanent, I doubt it will ever be recovered. So, basically if it is 2% that should be the inflation that we could live with and healthy, and if it is 10%+ in some nations, I believe it will still drop, but not to 2%, it will drop to 5-6% which is still a lot, obviously most nations would be super happy about dropping to that level, which shows how horrible we are doing right now.My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
However at least it is a drop, even though it is not a good and ideal place it will drop. So, technically the super high inflation in some nations are temporary, but higher than what should be is permanent everywhere.
A few leaders of OCDE countries are speaking wishfully about inflation, stating that this is just "a temporary peak". However this may or may not be the case. Even the people with best information (CEOs of large companies and perhaps some ministers) are unclear about how long do we have to endure inflation.
My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
The central banks tell you it's temporay. But your favorite "analyst" that got everyrhing wrong since the year 2000 tells you it's not. Gosh who to believe
This doesn't mean we will continue to have inflation because when the CBN continues to inject money into the economy, this may be perhaps for the case of developed nations where everything is working properly but for the underdeveloped and developing countries have some many things bthay contribute to inflation. For example, low GDP, increase in industrial sector, low exportation and high importation (this will drastically kill and depreciate there currency) and political stability.
Inflation is subjective to country and it differs.
Inflation is subjective to country and it differs.
A few leaders of OCDE countries are speaking wishfully about inflation, stating that this is just "a temporary peak". However this may or may not be the case. Even the people with best information (CEOs of large companies and perhaps some ministers) are unclear about how long do we have to endure inflation.
My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
I believe that the highness of the inflation is definitely temporary, at least in my nation, but the inflation that is more than what it should be is permanent, I doubt it will ever be recovered. So, basically if it is 2% that should be the inflation that we could live with and healthy, and if it is 10%+ in some nations, I believe it will still drop, but not to 2%, it will drop to 5-6% which is still a lot, obviously most nations would be super happy about dropping to that level, which shows how horrible we are doing right now.My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
However at least it is a drop, even though it is not a good and ideal place it will drop. So, technically the super high inflation in some nations are temporary, but higher than what should be is permanent everywhere.
A few leaders of OCDE countries are speaking wishfully about inflation, stating that this is just "a temporary peak". However this may or may not be the case. Even the people with best information (CEOs of large companies and perhaps some ministers) are unclear about how long do we have to endure inflation.
My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
Inflation is permanent as long as we have the fiat system is in practice because government is going to print more money for no reasons but the spike happened due to the emergency situation called covid 19. Some countries are not even revealing the real inflation rate but so far no country is doing good except China. My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
When it comes to inflation, i don't really think or see it as a temporary situation. Yes, we may at some point experience temporary calm in the situation of things, but soon after inflation will become a topic again. It is safer to plan to seek out ways to earn more and be able to support your lifestyle, because inflation to me will always be constant.
US jobs report comes up short - https://www.cnbc.com/2021/10/08/september-jobs-report.html
Now the US is going through a stagflation period of slow economic growth and high inflation.
The federal reserve increased their inflation calculations to last until 2024, and GDP growth is only a fraction of what was initially calculated last year.
Keep in mind, there are open jobs in the US, but not enough man power to fill those jobs.
The clear effect? USD will absolutely start to tank, their economy cannot hold up for much longer.
Now the US is going through a stagflation period of slow economic growth and high inflation.
The federal reserve increased their inflation calculations to last until 2024, and GDP growth is only a fraction of what was initially calculated last year.
Keep in mind, there are open jobs in the US, but not enough man power to fill those jobs.
The clear effect? USD will absolutely start to tank, their economy cannot hold up for much longer.
I doubt that this would be a "temporary" situation as long as it is not fixed. The inflation rate is even higher than what the officials are saying, remember the whole watched as moody's gave high credit ratings to shit mortgages and how the whole world collapsed because of it. Do not care about the ratings and numbers official places give, inflation is much higher. The only way that could ever go up would be people having enough income to pay for stuff and business' not requiring too much price spikes to keep going.
This is not going to happen overnight and it is going to take maybe a decade of proper legislation to get it better. Which as we all know is not something we seen from politicians all that much, they rather keep everything as it is as much as possible.
This is not going to happen overnight and it is going to take maybe a decade of proper legislation to get it better. Which as we all know is not something we seen from politicians all that much, they rather keep everything as it is as much as possible.
A few leaders of OCDE countries are speaking wishfully about inflation, stating that this is just "a temporary peak". However this may or may not be the case. Even the people with best information (CEOs of large companies and perhaps some ministers) are unclear about how long do we have to endure inflation.
My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
There is no denying that Covid has messed up all sorts of supply chains around the world and the effects of that would appear to be a bit delayed. There were a fair bit of stockpiles that sustained production for a while and consumers cut back in many areas which dampened demand. Now many people have lots of saved up money to spend on all sorts of goods, people are going back to work (oil demand shoots back up) and all the factories that suspended work due to lockdowns are taking a while to get back to speed. I think inflation will be higher than we have grown comfortable with in the past few years, but it will not be high beyond a year or two. However as you state, people trying to predict long term economics often get things very wrong.
I don't think we will be seeing these high numbers permanently. Times are hard right now. The pandemic is still here. Economies are still very much affected by its presence. In other words, things are still unstable right now. We haven't really gone back to normal. We are beginning to recover, though. Some countries are now in transition to what's called the new normal, but we can also see how other countries such as Australia, New Zealand, and so on are still very much in the middle of the intense COVID-19 war.
But I'm expecting that when the COVID-19 smoke finally dies down, inflation will be tempered down as well.
But I'm expecting that when the COVID-19 smoke finally dies down, inflation will be tempered down as well.
High inflation may not be taking long but the mere fact that we were still going to dealt with a varying inflation from time to time then I guess we were forever dealing with it. But today, the inflation in my thought was considered as worst though to be honest here in my country inflation keep on rising even before the pandemic but this time it's different. Hurdles and high employment rate makes the life much worse and as what I have observe here in my country I think were still far from the fact of under control of the contagious infection of virus.
Nice, but I do not understand how they link the unemployment to inflation, unless they are assuming that less people working means less money circulation or lower speed. Or perhaps they are thinking that too low of unemployment may result in salaries rising, but in that case they are double counting when considering the Labour Cost Index.
Interesting, although limited to US.
Interesting, although limited to US.
According to what I know so far that inflation is clearly the root cause of major problems in the economy. Thus, everything related to finance, whether in the form of wages, inputs and outputs, is also caused by the inflation factor in a country.
An example that I can mention is the country of Zimbabwe which makes us learn many things, starting with the land grabbing in 1992. Maybe you still remember that the country's inflation had reached around 230 million percent, and was followed by a 95% increase in unemployment. This makes the people there cannot feel the wages of their hard work, because the value of the currency is low while the prices of basic necessities are increasing.
Returning to the issue of permanent or temporary inflation, it depends on how a country can manage the available resources and make it a sovereign country and able to sustain the economy that other countries need its resources.
The government's policy in almost all countries during this pandemic is to print money, but the impact that is currently haunting us is inflation. This inflation condition is seen in its severity. I myself predict that my current country looks fine. However, the condition of very high debt does not rule out the possibility of default. There are as many instruments to deal with inflation as the US is currently doing in the tapering off. Due to very high amount of money they limit QE. We can only secure the assets we own by avoiding storing them in fiat. Because if we all realize, fiat has no value at all in the future.
I don't think we will be seeing these high numbers permanently. Times are hard right now. The pandemic is still here. Economies are still very much affected by its presence. In other words, things are still unstable right now. We haven't really gone back to normal. We are beginning to recover, though. Some countries are now in transition to what's called the new normal, but we can also see how other countries such as Australia, New Zealand, and so on are still very much in the middle of the intense COVID-19 war.
But I'm expecting that when the COVID-19 smoke finally dies down, inflation will be tempered down as well.
But I'm expecting that when the COVID-19 smoke finally dies down, inflation will be tempered down as well.
High inflation may not be taking long but the mere fact that we were still going to dealt with a varying inflation from time to time then I guess we were forever dealing with it. But today, the inflation in my thought was considered as worst though to be honest here in my country inflation keep on rising even before the pandemic but this time it's different. Hurdles and high employment rate makes the life much worse and as what I have observe here in my country I think were still far from the fact of under control of the contagious infection of virus.
A few leaders of OCDE countries are speaking wishfully about inflation, stating that this is just "a temporary peak". However this may or may not be the case. Even the people with best information (CEOs of large companies and perhaps some ministers) are unclear about how long do we have to endure inflation.
My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
The problem with inflation is that is a temporary solution but has a draw back that will last for ages, and economist are always use it because they don't care about the far future they care about fixing the problems that they are facing, especially with the pandemic that lasted for 2 years and we are still seeing it economical draw backs to this day, and there is no solution to it except printing more money according to experts, so the best way to battle it right now is to use store of values investment like bitcoin.My translation for this is "we do not know if we can effectively pass the burden of all the money we printed onto the labour or the salaries will rise paving way for sustained high inflation in two years".
I don't think we will be seeing these high numbers permanently. Times are hard right now. The pandemic is still here. Economies are still very much affected by its presence. In other words, things are still unstable right now. We haven't really gone back to normal. We are beginning to recover, though. Some countries are now in transition to what's called the new normal, but we can also see how other countries such as Australia, New Zealand, and so on are still very much in the middle of the intense COVID-19 war.
But I'm expecting that when the COVID-19 smoke finally dies down, inflation will be tempered down as well.
But I'm expecting that when the COVID-19 smoke finally dies down, inflation will be tempered down as well.
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