General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHow big of a threat is "inflation"?
We read that home prices are set to soar during the coming year. Does the price of food and fuel also go up? That is where most of the pain from inflation hits the poor.
msongs
(67,395 posts)yallerdawg
(16,104 posts)The Dotard in the White House is creating enough instability in the Middle East to drive that price through the roof, back up to the $4 a gallon range, just like the last R in the White House did.
By the way, after the Dotard "freed" Iraq and Syria from ISIS, where's that oil he promised to "take" for the irredeemable deplorables?
Well, you know? 2018 is shaping up to be a real bad year for them!
PoliticAverse
(26,366 posts)one wonders if it will eventually show up in prices before they have a chance to undo what they did...
http://www.businessinsider.com/federal-reserve-rate-hike-plan-to-unwind-45-trillion-balance-sheet-2017-6
fescuerescue
(4,448 posts)The new tax bills severely limits property tax and mortgage interest.
uponit7771
(90,335 posts)uponit7771
(90,335 posts)... easy loans
Inflation happens when there's a big injection of money into the mostly middle-class markets and there's not a really big injection of money from the so-called middle-class tax cut because they aren't even as big as Obama's middle class tax cuts.
Corporations will continue to sit on the cash or just do by backs or just inject the money into the 1% economy which really doesn't affect the middle class markets because other than toilet paper and gasoline we don't buy yachts and 5 Mansions per year
Angry Dragon
(36,693 posts)Drahthaardogs
(6,843 posts)If it goes up but wages don't increase, that's bad
Hoyt
(54,770 posts)was tough on people, particularly those on fixed incomes, non-homeowners or having investments that somewhat adjust to inflation. It is usually good for debtors. But, it depends on a number of factors.
zipplewrath
(16,646 posts)If you owe money, you generally want inflation. If you are an investor, it really doesn't help you. If you have any sort of fixed income, it hurts.
But yes, almost everything goes up, but not necessarily at the same rate.