Thanks, John.John wrote: Thu Mar 03, 2022 3:37 pm ** 03-Mar-2022 World View: Inflation
You're right that I seem to have boxed myself in on the inflationrichard5za wrote: Thu Mar 03, 2022 8:09 am > Its unlike you to get drawn into timing because when thats wrong
> then "you see, everything you say is wrong"
issue. However, the reasoning was sound. Unlike predictions of wars,
predictions of inflation generally follow specific patterns, including
timing. I assumed that the supply chain problems would have eased by
now, and if that had happened then I would have been right. As things
stand now, with the war in Europe likely to cause even worse supply
issues and price spikes, especially for energy and commodities, with
the possible imposition of rationing, it looks like inflation will be
around longer than expected. That's what comes from living on the
edge.
I guess I can drop my topic, then, since you have basically folded.
I give you credit for admitting reality trumped your theory.