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Bidenomics Failing Big Time?
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<blockquote data-quote="Well-Known Member" data-source="post: 4891024" data-attributes="member: 85066"><p>He may be in the minority, only because some economists are fearful to come out with a public opinion on the matter. But, of those that did, at least a quarter of the economists believe that inflation is here to stay. I would not blow off 25% of the experts, especially some of the experts who have been right about almost everything in the past.</p><p></p><p>[URL unfurl="true"]https://www.npr.org/transcripts/1005312213[/URL]</p><p></p><p>How about David Roche and CNBC?</p><p></p><p>[URL unfurl="true"]https://www.cnbc.com/2021/06/10/top-investment-strategist-david-roche-says-inflation-is-here-to-stay-heres-why.html[/URL]</p><p></p><p>Campbell Harvey of Duke University?</p><p></p><p>[URL unfurl="true"]https://www.marketwatch.com/story/inflation-is-here-to-stay-and-may-top-4-this-year-says-professor-with-a-peerless-record-of-predictions-11623339487[/URL]</p><p></p><p></p><p>For as many stories you can cite against long term inflation, I can cite experts warning of log term inflation. Nobody really knows for sure, but the economists who have almost always been right in the past, I tend to believe. We will find out. I suggest you bookmark this thread, because when inflation stays around, I'd hate to say I told you so.</p></blockquote><p></p>
[QUOTE="Well-Known Member, post: 4891024, member: 85066"] He may be in the minority, only because some economists are fearful to come out with a public opinion on the matter. But, of those that did, at least a quarter of the economists believe that inflation is here to stay. I would not blow off 25% of the experts, especially some of the experts who have been right about almost everything in the past. [URL unfurl="true"]https://www.npr.org/transcripts/1005312213[/URL] How about David Roche and CNBC? [URL unfurl="true"]https://www.cnbc.com/2021/06/10/top-investment-strategist-david-roche-says-inflation-is-here-to-stay-heres-why.html[/URL] Campbell Harvey of Duke University? [URL unfurl="true"]https://www.marketwatch.com/story/inflation-is-here-to-stay-and-may-top-4-this-year-says-professor-with-a-peerless-record-of-predictions-11623339487[/URL] For as many stories you can cite against long term inflation, I can cite experts warning of log term inflation. Nobody really knows for sure, but the economists who have almost always been right in the past, I tend to believe. We will find out. I suggest you bookmark this thread, because when inflation stays around, I'd hate to say I told you so. [/QUOTE]
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