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A Man of Wealth and Taste
Join Date: Dec 2002
Location: Out there somewhere beyond the doors of perception
Posts: 51,063
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If spite of all the liquidity pumped into the system, a low unemployment number..decent GDP numbers you still have very low inflation? By all rights you should be experiencing higher inflation.
What is wrong with this picture? Low Demand keeps prices down. The consumer does not have the where with all to purchase all the swag.
No matter what they have done the consumer has rolled over since 2008. GW spooked the herd and changed people's perceptions about their future..they got a dose of reality that they couldn't blithely continue consuming as they had in the past. Their credit ran out.
The greater number of Americans are struggling and they are aware of it. They can't meet a $400 crisis.
Last edited by tabs; 07-05-2019 at 11:30 AM..
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