Msg. 00735 of 62138 (This msg. is a reply to
00734 by
Decomposed)
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Deflation spooks the Fed
Tha is something I have never understood. Electeical/electronic/ technological equipment has always been in a deflationary environment. Anyone who ever wanted to buy a light bulb (early on), a television, or a computer has known that, if you wait, it would be cheaper. Those sectors have led the economy for most of the past 140 years.
- - - - - The above is a reply to the following message:
Re: The Fed is hiking rates excessively into an economy where consumer spending growth was only 1.1% in Q1. This probably won’t end well.
By: Decomposed in
POPE 5 Mon, 07 May 18 8:46 PM
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