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Non-Tech : Kirk's Market Thoughts -- Ignore unavailable to you. Want to Upgrade?

To: Kirk © who wrote (12441)	11/30/2021 12:16:05 PM
From: rdkflorida2	Respond to of 26439

If I narrow down the definition of inflation as just a supply/demand problem I say it is temporary. Higher now, especially with covid bottlenecks, but down in coming years. However, just as you stated, politics, tariffs, etc. will keep it more persistent. Once/if out of control it will get really bad. "IF" I can keep the equation to simple supply/demand then what goes up will come down. Higher prices will bring on more supply. As for tariffs, I've read that they are part of the global reset and being discussed. I have not heard or read of anything concrete so the jury is out on that one. My nephew lives in CA. and his wife is in the coast guard. It seems there was no unloading work on weekends for some period of time. Not sure if it was union issues. Could have been companies not wanting to pay overtime. I have heard FedEx is not paying warehouse workers overtime for weekend work. Need to verify that. As for BIden, I think he acknowledged short term inflation. I cut him a lot of slack considering the cards he was dealt. One more thing. Memory check. I seem to remember Bill Clinton having raised taxes. The opposition said it would kill the economy for years to come. Eight years later, presto, we were all getting $300 dollar checks from W. Just saying, you sometimes one needs to go just a bit deeper before coming to a conclusion.