DEFLATION: Comin-in strong

[AlbertaFarmer5]

Fed’s Bowman Again Urges Multiple Rate Hikes to Curb Inflation

Oct 2nd/2023

https://finance.yahoo.com/news/fed-b...143020659.html

This thread is now 16 months old.
Yet there is a headline about curbing ongoing inflation going forward.
If this is coming in strong, what speed does coming in weak look like?

[mcfarms]

If a drummer plays the same beat for long enough the music will eventually match up.

[foragefarmer]

[QUOTE=jazz;574838]Slower inflation is not deflation errol. Deflation would be for prices to fall below some long established trendline, like the decade before. Oil would be a marker of that, but its on its way to $100.




Jazz, only $100/barrel oil in your sights, not $200-$300/barrel anymore!

WTI south of $84/barrel since this post.

How's your long position doing, cost averaging working out, are you able to make margin calls?

Jazz, never did hear how much $450/tonne Urea you were able to buy.

[errolanderson]

Central bankers totally lost . . .

Inflation is now far in the rear-view mirror, particularly with the collapse in crude oil prices. Good news is; pump prices for gasoline should immediately drop 5 to 8 cents/litre. There is now a huge rise and surplus of gasoline stateside as consumer demand fades. Diesel heading down. The drop in fuel prices will be welcomed.

But for the media, it will mess with their tiring, ongoing inflation rhetoric. The topic is about to be changed.

Inflation was only fed by rising manipulated oil rally, ill-thought-out central bank policy hiking rates at the worst possible time igniting a firestorm consumer debt crisis and opportunistic greed. Rate hike talk and the word inflation may almost vanish from mainstream media over the next few weeks as reality kicks in.

[Sodbuster]

One of the biggest factors fueling inflation in Canada is the carbon tax, present government would sooner blame the grocery stores than acknowledge that this tax goes from production right thru to the consumer.

[biglentil]

Deflation would mean the middle class would be better off as their dollars go further. Sorry Errol thats not the Marxists' plans for us. Remember years ago I said price inflation would remain persistent even in the face of higher rates and a stagnant economy. Stagflation is here, ignore the daily volatility and look at the big picture.

[errolanderson]

U.S. Treasury Bond crash (in-progress) now reported as one of the worst meltdowns in history. Compares to dot.com and 2008 financial crisis.

[jazz]

I appreciate your concern forage.

By the way, how much more equalization will MB need now that Wab is Premier.

[Guest]

One of the biggest factors fueling inflation in Canada is the carbon tax, present government would sooner blame the grocery stores than acknowledge that this tax goes from production right thru to the consumer.

And not one of these spineless MSM chickenshits will dare even mention it
Blame everything else instead

[rumrocks]

One of the biggest factors fueling inflation in Canada is the carbon tax, present government would sooner blame the grocery stores than acknowledge that this tax goes from production right thru to the consumer.

I would like to see a nation wide on stage debate with Justin and Steven Guilbeault discussing the facts with Patrick Moore and Jordan Peterson on the Carbon Tax, then finish up with climate change and its relationship to C02 levels. It would be entertaining.
It would take the liberal polling numbers down into the teens once Toronto and Montreal were exposed to reality.