I’ve listened to several economists and investment gurus say that inflation has likely peaked and by late 2023 inflation could 4% or lower…….we’ll see.

Let this marinate…..the cost to service US debt is approaching $750 billion annually.

This post was edited on 12/25/22 at 9:22 pm

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Posted by DotBling

Member since Oct 2019

3076 posts

Posted on 12/25/22 at 10:05 pm to Bass Tiger

quote:
I’ve listened to several economists and investment gurus say that inflation has likely peaked and by late 2023 inflation could 4% or lower

Lol, was it the all the same ones that missed 2008?

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Posted by beebefootballfan

Member since Mar 2011

19083 posts

Posted on 12/26/22 at 12:05 am to Bass Tiger

quote:
I’ve listened to several economists and investment gurus say that inflation has likely peaked and by late 2023 inflation could 4% or lower…….we’ll see.

Would take an absolute demolition of the economy to slow it that much. Interest rates at well north of 15%. Unemployment skyrocketing, and a whole host of things.

Our government is printing money to send to Ukraine daily. You can’t keep doing that and lower inflation.

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Posted by Gideon Swashbuckler

Member since Sep 2019

5803 posts

Posted on 12/26/22 at 9:13 am to Bass Tiger

quote:
I’ve listened to several economists and investment gurus say that inflation has likely peaked and by late 2023 inflation could 4% or lower…….we’ll see.

Like who?

Was this before or after the omnibus was passed?

You realize printing money makes inflation worse, right?
Raising interest rates to 100% wouldn't get inflation to 4% in 2023.

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