Quote:
Originally Posted by zimmy
If everything costs more as a result of the tax cuts, well you can figure out the rest...
"Inflationary pressures from the tax overhaul and fiscal stimulus will be the surprise result in 2018, says Brent Schutte, the chief investment strategist for Northwestern Mutual Wealth Management Company."
http://www.businessinsider.com/tax-r...flation-2018-1 |
but he goes on to say that the inflation we're seeing is lagging from 12-18 months ago....
"Inflation is a lagging indicator," he said about the
current inflation levels, which he added are a reflection of
12 to 18 months ago when the global economy was recovering from a weak period of growth caused by a supply-drive oil war"
....the tax cuts just went into effect recently....how are they(tax cuts) causing everything to cost more if things are costing more due to lagging inflation cause by something 12-18 months ago?
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