Understanding Economic Cycles (And What It Means for Inflation) with Bob Elliott

[@HepCatJack]

For tariffs to fully fund the Federal Govt, they would have to raise prices by of foreign goods by 133% according to some estimates.

[@HepCatJack]

Describing Mortgages as "floaters" invokes a different kind of imagery. That term is often used in a different way for a different context.

[@karlbork6039]

Truflation has us at 1.6% now.

[@DesmondMiles333]

Japan has lot of debt so no problem for US. Such a bad take if you are not into finance.

[@MichaeldeSousaCruz]

One person’s debt is another person’s financial wealth. What are you getting at with a “debt crisis”? Crazy talk

[@MichaeldeSousaCruz]

Drag of higher interest rate, Bob?!? Hubbada what?!? Fed funds rate is pumping free money into the economy for people who already have money. I’m making off like a bandit! I’m taking more. There’s no drag at all 🚀

[@jamesmorris913]

Elliott looks like he's in a high-rise, midtown, jail cell.

[@bruceaulabaugh]

First!