“No Resistance” to Price Increases by Wolf Richter • Jul 20, 2021 • 277 Comments The Restaurant Industry Reacts to a Messed-Up Economy Plagued by Shortages & Transportation Snags.
Normally Astute American Car Buyers Just Pay Whatever: AutoNation, Largest Auto Dealer in the US by Wolf Richter • Jul 19, 2021 • 179 Comments The explosion of per-vehicle gross profit shows why buying a car or truck now is nuts. But lots of people did though they didn’t need to: inflationary.
Too Much Money Chasing Too Few Goods and Services by Bill Bergman • Jul 17, 2021 • 188 Comments Inflation can be considered a tax, an especially regressive one, falling harder on those with lower income and/or assets.
Americans Pay More to Get Less: Retail Sales Outrun by Inflation by Wolf Richter • Jul 16, 2021 • 219 Comments Welcome to Fed’s New World of Inflation.
This “Temporary” Inflation Is Turning into an Inflation Spiral by Wolf Richter • Jul 15, 2021 • 262 Comments Get Used to Higher Inflation. My Thoughts on the Biggest Mess I’ve Seen in Decades (transcript).
While the Fed Fiddles, the Dollar Burns: Dollar’s Purchasing Power Plunged at Fastest Pace since 1982 by Wolf Richter • Jul 13, 2021 • 330 Comments Defying economists’ expectations for sixth month in a row, inflation heats up instead of easing off. And it’s a lot worse than it seems.
Consumers Expect Red-Hot Inflation to Crush Their Earnings: Fed’s Survey by Wolf Richter • Jul 12, 2021 • 189 Comments And the folks who experienced the high inflation of the 1970s and early 1980s as adults expect inflation to hit 5.7% in one year.
THE WOLF STREET REPORT: This “Temporary” Inflation Is Turning into an Inflation Spiral by Wolf Richter • Jul 11, 2021 • 301 Comments Get Used to Higher Inflation. My Thoughts on the Biggest Mess I’ve Seen in Decades.
Was This Finally “Peak Insanity” in Used Vehicle Prices? by Wolf Richter • Jul 8, 2021 • 89 Comments All kinds of crazy spikes in used-vehicle wholesale and retail markets topped out, but by only a tad.
Tapering, Doubts about “Transitory” Inflation, and “Financial Stability Risks” due to “Valuation Pressures in Housing Markets”: Some Folks at the Fed Getting a Little Nervous by Wolf Richter • Jul 7, 2021 • 154 Comments Disruptions “might linger for longer and might have larger or more persistent effects on prices and wages than they currently assumed.”
