Core is only 0.2% (pretty good). Grocery prices are only up 0.1% (quite good). Most of the headline number is gasoline. That will be dropping soon. We might get a month with zero inflation.
The more illegals we deport and jail (demand), the lower the inflation pressure. The more money for nothing that we remove from the system (fraud and NGOs), the lower the inflation pressure.
There’s a good chance that we will be awash in oil for a while. Trump will need to refill the strategic reserve to keep the oil price above break even for the drillers. The Trump Team is attacking inflation in many different ways all at the same time.
Plus, I expect GDP growth in the 3rd quarter to be 7% or better. Driven in large part by the foreign investment deals that Trump secured.
That is from The Independent. Which is owned by a uk-slav and a saudi. Yahoo seems more down the middle compared to others. Depending on the topic.
That is true, but Yahoo still endorsed that left wing article.
Core is only 0.2% (pretty good). Grocery prices are only up 0.1% (quite good). Most of the headline number is gasoline. That will be dropping soon. We might get a month with zero inflation.
The more illegals we deport and jail (demand), the lower the inflation pressure. The more money for nothing that we remove from the system (fraud and NGOs), the lower the inflation pressure.
How about we see October with at least 5% deflation and gas prices are at levels last seen during the Clinton Administration.
There’s a good chance that we will be awash in oil for a while. Trump will need to refill the strategic reserve to keep the oil price above break even for the drillers. The Trump Team is attacking inflation in many different ways all at the same time.
Plus, I expect GDP growth in the 3rd quarter to be 7% or better. Driven in large part by the foreign investment deals that Trump secured.