January 31, 2020 at 9:17 AM #22797
Great article on what’s been going on with interest rates and employment numbers.January 31, 2020 at 11:00 AM #814549FlyerInHiGuest
I remember some people on here arguing that inflation is through the roof, and that the government is lying to us and manipulating the numbers on both inflation and employment.January 31, 2020 at 12:14 PM #814551gogogosandiegoParticipant
I remember people using the price of gas in the depths of a recession as their starting point for their inflation ‘argument’.January 31, 2020 at 5:41 PM #814558
[quote=FlyerInHi]I remember some people on here arguing that inflation is through the roof, and that the government is lying to us and manipulating the numbers on both inflation and employment.[/quote]
There is some manipulation going on with both of those numbers.
As the article points out, with unemployment at record lows, why isn’t the inflation rate going up? And why is the “new jobs” number almost 200K per month? Where are those people coming from?
And they’ve been dinking with the CPI calculation with lower readings as a result:January 31, 2020 at 5:47 PM #814559
What I’m really trying to figure out, and why I posted that article, is where things are heading…will interest rates stay low?
Will the low unemployment numbers ever lead to jumps in wages?
Are we near a cliff?
I need to map out the next decade as far as my employment, savings, and other plans and those are key data points for my decisions.
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