[notTooFarGone]

Dollar is losing value by the day, gold and silver on record high and somehow this is not an indicator for huge uncertainty?

China is beating the US on pretty much every stage and this only accelerates this.

[nxm]

And yet prices are marginally up while all the "economists" expected major inflation. Dollar vs Euro is at same level now as it was in 2019 - there are benefits to the economy as well when the currency is less strong.

[threecheese]

I keep seeing this “marginally higher” statement about prices, usually as part of a “things are actually fine” argument, but everything in my life has increased in cost in a way I just don’t understand. Is it that these are counterbalanced in some way making it not macroeconomically relevant?

[hypeatei]

> "economists" expected major inflation

Gold front runs monetary policy and "economists" aren't the only ones trading that. Look at the gold chart for the past year. I don't think it's really disputed that high inflation is on the horizon due to the debt situation (which Trump has made worse with the OBBB)

> there are benefits to the economy as well when the currency is less strong

Care to list those? I can think of a few but it assumes that we're already in the position of being an export based economy which we're not and not tangibly working towards.

[songodongo]

Patty Melt at Waffle House is like $15 now. Thanks Trump.

[crims0n]

Isn't China currently stuck in a deflation loop?