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Strategies & Market Trends : US Inflation and What To Do About It -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (760)	12/18/2017 10:34:12 AM
From: Rarebird	Read Replies (1) \| Respond to of 1504

One can dream about crashes too and that is how many permabears operate. Now I realize that crashes have taken place in the financial markets whereas single payer has only been talked about, but never realized. But things can and do change when social conditions are ripe. It is not out of the realm of possibility that a presidential candidate in the future supports single payer and gets elected partly on that platform. A strong backlash is coming and I can foresee strong Democratic gains in the House and Senate propelling a left wing agenda in the future. What looks unrealistic and impossible today has a way of becoming quite possible and likely moving forward.

To: Real Man who wrote (760)	3/13/2019 2:57:06 PM
From: RetiredNow	Read Replies (2) \| Respond to of 1504

Here's how Inflation can explain the political consequences we are seeing unfolding with the Millennials and their push for Socialism. If we understand the root causes, then we can employ properly regulated Capitalism to solve those problems, instead of dreaming that Socialism will solve them, which it never does. Check this out: ----------- The Inflation Chart That Explains Everything Submitted by Nomura's Bilal Hafeez One of the issues with aggregate data whether growth, income or prices is that it masks sectoral divergences beneath the headline. Think income inequality – what’s the point of income growth if it is all going to the 1%? That’s the challenge for many countries today. The other important one is price divergences, which we can update after yesterday’s US CPI release. Over the past 20 years, US prices of goods and services has gone by 56% while wages have gone up by 95%, which sounds quite good. However, when we look beneath the headline, we find that hospital services and college tuition have gone by a whopping 208% and 186%, respectively. This is much higher than wage growth, and shows that key services that enable people to move up the social ladder are being priced out of their reach. On the flipside, the price of TVs, cellphone services and toys have collapsed, so people can at least distract themselves away from their social woes. Looking at the same data over a more recent period (since 2009), we find a similar pattern with a few differences. The most glaring is that overall prices and wages have grown at roughly the same pace (20% and 24%, respectively), so real earnings are flat. Moreover, the medical costs and college tuition continue to outpace wage growth. The one bit of good news is that the pace of college tuition costs price growth vs earnings has narrowed. Worryingly housing costs have modestly outpaced wage growth unlike before. Toys and TV prices continue to fall though! These price divergences have deeply political and economic consequences. College education allows people to get good jobs in a globalised and automated world, while everyone is confronted with medical care costs especially as they age.