Comments by "Tasty Pymp" (@tastypymp1287) on "Michael Burry Inflation Warning" video.

  1. Ramin is a touch naive here. If it thinks the US government won't resort to fiscal stimulus, I believe he is wrong. When you observe activity and behaviour, developed countries like the US are resorting to behaviours akin to developing and emerging markets. Albeit in a more reduced and protracted manner. For now. But the US, and others, have HUGE debt liabilities. The old school methods are either outright default (developed economies don't do that anymore) or inflate it away. What's worse, the US is in a unique position where the domestic currency is also the world's reserve currency. The ability, temptation and even motivation to continue to print fiat currency to debase it and inflate away the debt is likely too strong. And it seems the rest of the world might be also beginning to acknowledge that.
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  2. What's more, that 2% is 2% of a now greater inflated base. So in real monetary terms its a real greater cost. If we index the beginning of inflation at 100, and we subsequently get inflation of 10%. The eventual 2% inflation is 2% of 110, not 100.... This is of course completely disregarded by the media and Investment Industrial Complex when they talk about inflation 'coming down'. They conveniently forget about compound interest....
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  3. 'Market cycles'....
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  4.  @BigHenFor  PARAGRAPHS!! FKING PARAGRAPHS!!
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  5. Ramin gets it wrong yet again.... This is the problem with YoY inflation analysis. Yes, inflation in gasoline CPI increased in 2021 but that's YoY compared to 2020. And we know that demand was utterly destroyed in 2020. So the 2021 'inflation' was simply a return to normal consumption and normal prices. Therefore to assert that energy prices are responsible (implying exclusively) for excess inflation is a fallacy. The real energy spike was in 2022 due to sanctions imposed on energy by US hegemony. It is interesting that Ramin has used inflation percentages rather than observe real oil barrel prices. If you observe the real data, real inflation was increasing long before the Russia/Ukraine conflict and you cannot dismiss the effect of huge monetary and fiscal stimulus. This is classic Investment Industrial Complex gaslighting.
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  6. Ramin gets it wrong yet again.... This is the problem with YoY inflation analysis. Yes, inflation in gasoline CPI increased in 2021 but that's YoY compared to 2020. And we know that demand was utterly destroyed in 2020. So the 2021 'inflation' was simply a return to normal consumption and normal prices. Therefore to assert that energy prices are responsible (implying exclusively) for excess inflation is a fallacy. The real energy spike was in 2022 due to sanctions imposed on energy by US hegemony. It is interesting that Ramin has used inflation percentages rather than observe real oil barrel prices. If you observe the real data, real inflation was increasing long before the Russia/Ukraine conflict and you cannot dismiss the effect of huge monetary and fiscal stimulus. This is classic Investment Industrial Complex gaslighting.
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  7.  @christerdehlin8866  How's that?
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  8. We haven't seen inflation 'turn south'. Look at the data Ramin. Inflation in volatile prices such as energy have declined but hard inflation in more sticky prices is continuing to rise, especially in Europe.
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  9. Federal Government debt calculations ignore: •State and municipal debt (both domestic and foreign) •QE debt held on Fed Bank balance sheets •Liabilities such as debt default insurance (depositor protection). The US government debt problem is far, far bigger than 110%.
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  10. @Retrovirus  Not wrong. Increase in money supply = inflation. Everytime, economics 101. Post GFC QE saw major inflation in real and financial assets. CPI inflation was avoided because it was transferred out to China etc and materialised as their growth. The increased growth was met with increased supply. This time, the QE was very heavy, both in volume and velocity. It's leaked out everywhere. Sure, supply chain issues exaggerated it. But it wasn't the exclusive cause of the issue.
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  11. Hmmmm..... Takes two to tango.....
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  12.  @dumbcat  This is true.
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  13. That's not guaranteed at all.
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  14.  @Jeffybonbon  Cliché.
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  15.  @obnoxiaaeristokles3872  Prissy.
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  16. @Kvurenukri Daehd Moroz  All Japan did was use financial alchemy and turn potential CPI into government and central bank debt. Inflation ALWAYS appears somewhere in some form. Whether it be CPI, asset valuations or debt. Always.
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  17. Good point.
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  18. It should be weighted.
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  19. Fluffy kitten videos this way 👉
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