Thread: Inflation

Originally Posted by Johnus

Hate to foresee the future.... But I don't think any of us has seen anything yet!!

Bad times stay away from my door!

Who knows... I just bought a new car with a 6yr extended warranty. It might be a bit early for that but you know... it's either an economy booster and just a new car for me or, it's a great way to hedge inflation. I can't see me not needing a car as long as I am in Kansas.

As a retired INS Agent I will tell you if you are not U.S and are seeking legal employment in the U.S and are having problems you need a good Immigration Attorney. There is an art to completing the Visa petition and making arrangements with a prospective employer which will almost guarantee you employment.

Thanks bigspendur - We got the best immigration attorney in KC working on it (from what I am told lol). But that is great advice... if not the only advice you can give a guy.

Originally Posted by thebigspendur

As a retired INS Agent I will tell you if you are not U.S and are seeking legal employment in the U.S and are having problems you need a good Immigration Attorney. There is an art to completing the Visa petition and making arrangements with a prospective employer which will almost guarantee you employment.

If you haven't got inflation yer are in trouble but if the ugly head is rising yer are good to go. That's my redneck northern bushwhacker view on inflation.

Originally Posted by BobH

If you haven't got inflation yer are in trouble but if the ugly head is rising yer are good to go. That's my redneck northern bushwhacker view on inflation.

Yup, your "redneck" view is 100% right. Stagflation is a bad,bad, thing. Of course, like everything... balance is key as hyperinflation is a bad, bad thing too .

I think the Fed targets 3%. Truly - high inflation is a tax on the poor.

Stags!!!! OMG things are really getting bad if the animals are involved in this too. Is the whole world going hyper?

Bob

Yeah I think that the target inflation in the western economies is 2%-3% per year. My understanding is that the idea is to have a slight bias in the economy towards people putting their 'capital' into something that could generate profit, instead of just sitting on it. But I could be completely wrong.