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Tony Wilson
Stoic Finance
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Comments by "Tony Wilson" (@tonywilson4713) on "We NEED To Talk About What Just Happened With The Fed..." video.
What do you mean headed for? We have had inflation going on for the last 40 years, it just hasn't been in the consumer goods part of the economy. Its been one of the great manipulations of the worlds business sector. The cost of housing has skyrocketed across the Western World along with power and water and lets not forget the stock markets. Just a few days ago in a thread about the cost of power a guy from Romania was howling how his power bill had gone up 53%. What he was describing was EXACTLY what's happened in Australia where I am. It also fits with every other developed nation in the world as we have followed the neo-liberal mantra of privatize everything. What's been different is that inflation has always been linked to the cost of basic staples - food, clothes and sundry items (eg. pens, pencils & paper). Houses and stocks are considered assets so instead of inflation its called GROWTH. THERE HAS BEEN INFLATION. Its just been done in ways that we don't normally associate with inflation.
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Did we all really hear that you didn't know who Neil Young was?? Maybe you slow down a bit Max and stop being such a millennial and do just a bit if history reading. I notice you haven't done anything on Mark Blyth's assessment of Bitcoin either????? If you want people to take you seriously then don't act like a pretentious millennial, the world has a plague of those.
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@brunovanhove1832 Don't waste your time he's a 23 year old nothing. Go look at how he responded to my comment.
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