Post by icemandios on Nov 30, 2021 19:07:46 GMT
"Team Transitory" Is Dead After Powell Says "Time To Retire Word Transitory Regarding Inflation"
And here's a couple more quotable quotes:
"If all the economists in the world were laid end to end......they'd still point in the wrong direction."
"God Invented Economists To Make Astrologers Look Good."
moments ago none other than Jerome Powell put to rest any further debate on the topic of transitory vs permanent inflation:
*POWELL: TIME TO RETIRE THE WORD TRANSITORY REGARDING INFLATION
*POWELL: THREAT OF PERSISTENTLY HIGHER INFLATION HAS GROWN
*POWELL: TIME TO RETIRE THE WORD TRANSITORY REGARDING INFLATION
*POWELL: THREAT OF PERSISTENTLY HIGHER INFLATION HAS GROWN
"If all the economists in the world were laid end to end......they'd still point in the wrong direction."
"God Invented Economists To Make Astrologers Look Good."