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John Dingle
Bloomberg Television
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Comments by "John Dingle" (@johndingle6293) on "US Inflation Eases, But Not Enough for the Fed" video.
Real rates haven't been positive for years. To give fed credit is undeserving of a slight dip in inflation due to gas prices declining.
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Only thing that's going to help majority of consumers is deflation now. Slower rise in prices isn't going to help the people. Are their wages rising 8.5% a year? Squeeze on the people will continue.
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Not sure how beneficial Blowing up another equity bubble serves the people. As inflation rebounds, just going to get popped again.
1
It took Jamie Dimon and media to coordinate a recession fear to lower commodity prices. As that fear now fades, higher goes commodities. December 8%+ cpi, watch gasoline prices.
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