Endless Dollar printing is ground zero for current inflation

Like Kaplan. Everything out of Dallas just seems to be good. Really great city. I wanted to go up in the "The Ball" last time I was there, but it was closed 😞

No one articulates what is happening better than Robert Kaplan just did. The Fed has to lower interest rates to get more homes built and that will artificially inflate prices until supply and demand start to equal each other. The FED is not in control just like they were not in consumer goods. Why wait. Worse, the impact of all those years of near 0% interest rates and mortgage buying by the FED distorted and inflated the housing prices to record highs before pandemic and 40% up from that. It is insane to claim any kind of victory by Fed even at 1% inflation on a home price when 80% of Americans cannot even afford a house at today's prices. What is the point of 1% inflation on a home you cannot afford. If the FED had left interest rates at normal levels before 2008 and after 2008, we would not have had 2008. They are like drunk drivers and the government is giving everyone beer bongs. The hangover has to be a 30% correction in home prices at least. Hey at least I can look forward to a high speed train to Vegas one day baby.

that isn't tightening

The mistake is not hiking rates.

Sticky prices are supposed to by sticky, so when MoM inflation went to 0.1% it shouldn't have come back to 0.4%.

Greedflation, just listen to earnings calls for the last 3 years.