Please get the context of the topic. I'm NOT saying the cabal will do it RIGHT NOW, I'm merely saying that they're response from their overadjustment WILL BE another overadjustment. franky1 is right, there has always been inflation, and in the current cycle, it may have already peaked. But if anyone believes that the inflation numbers we saw last year would be the highest, then it's laughable. We'll probably experience something worse in ten years.
Furthermore, CPI print is lower month on month, and the rate of inflation is also declining year on year. That might be the first signs that a cycle of deflation might be coming during 2023.
Furthermore, CPI print is lower month on month, and the rate of inflation is also declining year on year. That might be the first signs that a cycle of deflation might be coming during 2023.
I do not agree with this, they did not overadjusted the situation, they adjusted just right and it will go back to regular life like we had in 2019. Was it economically awesome? Were we all super wealthy and lived an amazing life?
How would we plebs know? We wouldn't until recession comes and demand goes down, and if I'm wrong then I'm wrong. But wait until the end of 2023.
Quote
Of course not, economy was always bad for people like me, I still failed to buy many things, but it wasn't as bad as the last 2 years, and it will get better eventually which I am sure that it will cause a lot of trouble for many people, but then it will get better in the long term as well when the time comes and right now it's that better time. We are going back to 2019 if you ask me, not a great life, but a better one.
I don't know what you mean when you post about "2019", BUT we have seen massive overadjustment by Central Banks during 2020 when the COVID-19 Pandemic/Lockdowns happened all around the world. The Central Banks pumped so much money into the system which caused high inflation. They said it was transitory, but we knew it wasn't.