This is pure darwinism:
https://www.zerohedge.com/political/democrat-rep-sterilizes-herself-protest-trump
We got a coupon from Kroger for free eggs. Hot dam, its like a bar of gold.
NANC is an ETF that follows her trading. I hope Trump puts a stop to this elitist cheating.
LOL!
#economics #economy #inflation
The University of Michigan survey of inflation expectations has shown mixed performance when compared to actual inflation rates:
1. Short-term (one-year-ahead) expectations have generally overestimated inflation:
- Since 2012, excluding the post-COVID period of high inflation, the University of Michigan Expected Inflation Rate for one year ahead has consistently overpredicted future inflation every month[1].
- Consumer-based surveys, including the University of Michigan's, tend to overestimate future inflation[1].
2. Long-term (five-year) expectations have remained relatively stable:
- Since the early 2000s, the University of Michigan's five-year inflation expectations have remained within a 1.5 percentage point range, never falling below 2% or rising above 3.5%[1].
- This stability suggests that longer-term expectations poorly predict actual inflation variations but may reflect credibility in the Federal Reserve's inflation target[1].
3. Recent performance:
- In January 2025, year-ahead inflation expectations rose to 3.3%, up from 2.8% in December 2024[7]. This increase occurred despite actual inflation rates not being explicitly mentioned in the search results for this period.
- The persistent overprediction prior to 2020 may suggest that current elevated levels of inflation expectations could still be overestimating future inflation[1].
4. Demographic factors:
- Different demographic groups have varied experiences with inflation, leading to heterogeneous expectations across these groups[3].
- Younger consumers with at least a high school education appear to be the most salient group in driving inflation expectations[3].
In conclusion, while the University of Michigan survey of inflation expectations has not always accurately predicted actual inflation, particularly in the short term, it remains a valuable tool for understanding consumer sentiment and expectations regarding future price changes.
Citations:
[1] https://www.richmondfed.org/publications/research/economic_brief/2023/eb_23-03
[2] https://data.sca.isr.umich.edu/fetchdoc.php?docid=77164
[3] https://economics.ucr.edu/wp-content/uploads/2022/11/Branch-12-2-22.pdf
[4] https://tradingeconomics.com/united-states/consumer-confidence
[5] https://data.sca.isr.umich.edu/fetchdoc.php?docid=24774
[7] https://tradingeconomics.com/united-states/michigan-inflation-expectations
[8] https://www.investing.com/economic-calendar/michigan-1-year-inflation-expectations-389
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Answer from Perplexity: pplx.ai/share
It looks really good when you are super stoned.
Dam. Maybe get another degree.
Costs not much, lung cancer takes people out pretty quickly.
She blew billions on her campaign. Has no clue on managing finances.
The scandal being pushed by Republicans is fake, not the interview.
https://reason.com/2025/02/06/transcript-proves-the-60-minutes-scandal-was-always-fake/
The lady is a bafoon.
I am more concerned about the waste of money. U. S. Debt to GDP 130 pct.
Fairyland. Just like hollywood.
To be honest, Im not sure that mainstream is the best for crypto in the long run.
Gotta love it. Trump has truly exposed the corruption of the deep state.
