Which infrastructure is crumbling?
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Actually that’s a telltale sign the stimulus, and tax cut is a stimulus, doesn’t do much to the economy. Inflation should rise up a little bit in the short term. It’s like if you don’t break a sweat at all you aren’t really exercising. If people just save up their tax cut dollars and don’t spend it then of course you won’t see any effect in the inflation data.
I have never heard of any theory on relationship between capital efficiency and inflation.
Also so far the short term inflation blip is from cash handout from both Trump and Biden admins. Remember the Biden infrastructure plan hasn’t even come up for a Congress vote yet.
Think whatever you want. I know you won’t even read anything shared. You’ve already proven that a bunch of times.
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Huh? Looking at issue in one perspective? Enough houses to house these guys? Who are these guys? Undocumented ones or smart SWEs?
Well…97% of Gila County is either Indian reservation or National Forest. Bad for county revenues but good in that there’s plenty of places for those blue tents where I and my neighbors will never have to look at them. Also an abundance of elk and other game. One strategy to beat inflation not available to urbanites.
Most people in Bay area dont realize they live in desert and will not be able to water lawn at reasonable price. It will be imported food using imported diesel.
This points to inflation being short-term due to supply shortages. If manufacturing and construction had the raw materials, then they’d be hiring. Manufacturing had job losses. Job losses and increasing prices = materials shortages.
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They already are. The Feds gave the Tahoe homeless Coalition $10m to buy 100 SRO former hotel room units. Basically displacing 100 taxpaying min wage workers and replacing them with 100 lowlife homeless drugged out criminals that can’t qualify on rental applications to live with law abiding citizens. The dumbest policy ever.
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Stimulus has diminishing return. Allow me to illustrate (numbers are fictitious, just fo illustration)…
Stimulus 1: $100B - 100% effective
Stimulus 2: $100B - 50% effective, should be $500B to be 100% effective
Stimulus 3: $1T - zero effective, should be $5T to be 50% effective and $10T to be 100% effective
So should use stimulus sparingly and not every non-crisis issues also use stimulus. Try to solve using non-stimulus! Be creative!
The problem is that ill effects of stimulus (like inflation and resource dislocation) are real and linger afterwards.
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The bigger problem is it doesn’t work. FDR tried it. He increased the national debt more than 50% in his first four years and we were as bad off or worse than when he took office. His maniacal “brain trust” killed markets. The 8 trillion in debt Obama added barely gave us 2% growth - in a post-recessionary period when one would expect twice that with no stimulus at all. If you want growth get governement off the people’s back and let the people decide what to do with their own money.
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$19 to fly from Sonoma to LA. I love inflation!
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It is actually deflation (the price of producable items falling with improvement in production techniques). In terms of 1950 dollars, this flight would cost only $1 ( or may be not if oil was not easy to extract at the time). Over hundred and twenty years of avionics have improved the efficiency and safety of planes. Think of how humans evolved from hunter-gatherer to food producer through productivity gains and efficiency. There was a time when people dressed up in tuxedos to fly and only rich could fly
All those free or below market services are startup costs type business.
Now Tesla is entering real business. it is raising prices left and right. People are going to court against inflation.
it is coming faster than i predicted.
Tech is deflationary.
.
Tech products?
Prices of pork, chicken, and beef keep rising.
Enjoy the deflated pork price 
+75%
Keeping up with inflation, didn’t deflate.
Faster than inflation. Where is the deflation?
And land?
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