Politicians on both sides of the aisle make me want to blow my brains out. Mostly because of the dual nature of stupidity and the need to feed rabid members on the extreme sides of each.
For July 4th, Nikki Haley had a nice tweet proving she indeed does not know basic math despite a degree in accounting:
For the holiday weekend, Joe Biden placed blame for high gas prices on the mom and pop owners of gas stations and “price setters” of a global commodity whose price is set by global supply and demand:
In more reasonable pieces of the world, and rooted in data, here is what financial markets are pricing in for inflation for the average of the next 5 years:
The market is betting that inflation will be tamed roughly speaking, though 2.6% is above the 2% target. For fun, here’s the same expectation measure on a 10 year view:
