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Old 10-27-2021 | 06:55 AM
  #52  
fcoolaiddrinker
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Joined: Dec 2012
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We’re just going to have to see what happens. The fed has plenty of room to raise rates and needs to. Slowly so the market has time to adjust. Cheap money forever has several negatives as well. Last time (2008/09) 2 trillion in stimulus didn’t move the inflation needle much at all. This time it seems 5-6ish will. Right now the % increases are going to look large when compared to 2020 plus supply chain issues are nowhere close to being over. In the end if some items (other than essentials) become to expensive people will just not purchase those items (free market). 4/5% inflation is fine. Your contract (nk) has COL increases. More than likely it’s 2 or 3%. Several non aviation Unions are starting thier ask at 6% COL knowing it’s going to be above the last decade average around 2-3 but more than likely will settle below 6.
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