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Old 02-19-2018, 08:58 AM
finnbow's Avatar
finnbow finnbow is offline
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Join Date: Oct 2009
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Quote:
Originally Posted by whell View Post
There's no universal agreement on that. Here's a more balanced view.

https://www.npr.org/2018/02/19/58702...l-of-inflation

To paraphrase Ms. Green: Inflation will likely move higher in the next couple of months, but then level off and likely stay below the Fed's target inflation numbers.
Your two-sentence retort to the broadly-supported conclusion that the tax package was unneeded and undesirable stimulus at the wrong time in the economic cycle starts with "The whiff of inflation sent the stock market tumbling recently." Very weak tea.
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