179 Reasons You Probably Don’t Need to Panic About Inflation | Hacker News Reader

179 Reasons You Probably Don’t Need to Panic About Inflation

nytimes.com

16 pointstysone8 comments

I dare say, when the media and/or the government tells you not to worry about something, you should probably worry about it, conversely when you're told TO worry about it, it's likely too late to even do anything about.

Worry about anything and everything you want to so you can plan and be prepared for it, just don't let it consume you.

Are there any mainstream sources willing to dissent from the Fed's easy money policies?

The gymnastics start early in this article:

>“Cooling off” the economy sounds prudent, innocuous even. Yet, in practice, this monetary policy maneuver means that the Fed increases borrowing costs for businesses and pulls back on helping jobless Americans find work.

So if the Fed didn't exist, and we had a market interest rate - that would be the same as the Fed actively "cooling" the economy?

We've gone from "transitory inflation" to, "we can't think about raising rates, because we might not have greater than 2% next year".

https://archive.is/BP5j9

https://ghostarchive.org/archive/YlbqY

Propaganda, through and through.

Only worry if you have savings or are in any way financially responsible.

In my opinion, if you have significant savings in cash, it has been prudent to invest some of that excess in other things than cash and equities for at least three years. The fed has been making consistently bad long-term decisions for awhile now in pursuit of some glamor statistics.

Regardless, the current environment largely favors real asset holders, and those with low interest rate debt.

If you are really financially responsible you'd be leveraging up right now. /s

I agree, leverage up now on debt, just an insult to people that are financially conservative and don't want to have assets.

Has any president in American history caused the American public to lose as much trust in the media as Trump?

Didn't like the guy much at all but loved how he exposed main stream media companies for what they really are nowadays.

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