SG Talk

Only raise rate can solve stagnation.
But I doubt Biden got the ball to do it?

China is working very hard to block US outflow inflation.

https://www.marketwatch.com/story/u-s-in...1633092039

The rate of inflation in the 12 months ended in August edged up to 4.3% from 4.2% — the highest rate since 1991, when George H.W. Bush was president.




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(04-10-2021, 03:21 PM)RiseofAsia Wrote: [ -> ]Only raise rate can solve stagnation.
But I doubt Biden got the ball to do it?

China is working very hard to block  US outflow inflation.

See the supply chain and power outage will cause higher inflation. We should not let USA have free lunch. Use boiling frog strategy on USA.

(04-10-2021, 02:51 PM)cityhantam Wrote: [ -> ]

I believe meat prices in the US is still way cheaper than Spore.
E.g. beef is only US$6-9 per pound.

Batam pork here is also not cheap (S$14/kg), considering pork prices in China has recently dropped to as low as RMB14 per kg. 



https://www.youtube.com/watch?v=I2M9QGkd8J0

(04-10-2021, 03:35 PM)sgxin Wrote: [ -> ]I believe meat prices in the US is still way cheaper than Spore.
E.g. beef is only US$6-9 per pound.

Batam pork here is also not cheap (S$14/kg), considering pork prices in China has recently dropped to as low as RMB14 per kg. 



https://www.youtube.com/watch?v=I2M9QGkd8J0

Actually US Angmohs eat more pork than beef..
Beef is very low percentage. If I did not remember wrongly it is only 20% out of the total meat consume in US.

(04-10-2021, 03:39 PM)RiseofAsia Wrote: [ -> ]Actually US Angmohs eat more pork than beef..
Beef is very low percentage. If I did not remember wrongly it is only 20% out of the total meat consume in US.

Wow, I did not know that US Angmohs consume more pork than beef....

美國取消債務上限? 中美金融戰攤牌.. 2021 1008

https://www.straitstimes.com/business/ec...ld-economy

Silicon's 300% surge throws another price shock at world economy


The shortage in silicon metal, sparked by a production cut in China, has sent prices up 300 per cent in less than two months. It is the latest in a litany of disruptions, from snarled supply chains to a power crunch, that is creating a destructive mix for companies and consumers.

The silicon issue also captures how the global energy crisis is cascading through economies in multiple ways. The slashing of output in China, far and away the world's biggest silicon producer, is the result of efforts to reduce power consumption.....

For many industries, it is impossible to avoid the fallout.

Silicon, which makes up 28 per cent of the earth's crust by weight, is one of mankind's most diverse building blocks. It is used in everything from computer chips and concrete, to glass and car parts. It can be purified into the ultra-conductive material that helps convert sunlight into electricity in solar panels. And it is the raw material for silicone - a water- and heat-resistant compound used widely in medical implants, caulk, deodorants, oven mitts and more.

The knock-on consequences are particularly alarming for automakers, where silicon is alloyed with aluminium to make engine blocks and other parts, as well as chemical manufacturers who turn the metal into silicone-based products.

https://www.hellenicshippingnews.com/fao...september/

FAO Food Price Index rises further in September

The FAO Food Price Index averaged 130.0 points in September, up 1.2 percent from August and 32.8 percent higher than in September 2020. The index tracks monthly changes in the international prices of commonly-traded food commodities.


https://www.straitstimes.com/world/world...ganisation

World food prices hit 10-year peak: Food and Agriculture Organisation

https://www.channelnewsasia.com/business...ll-2230241
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美國面臨三重難題 通膨再飆高, 對中談判 姿態得放低了 2021 1014

USA : In the 12 months through September, the CPI increased 5.4% after advancing 5.3% on a year-on-year basis in August.

what to do the world simply allow the American do what they want...

debt ceiling?

(04-10-2021, 02:51 PM)cityhantam Wrote: [ -> ]

You refer stagflation or inflation?
The two are problems but are different.

(21-10-2021, 09:26 PM)watchfirst9 Wrote: [ -> ]You refer stagflation or inflation?
The two are problems but are different.

Stagflation refers to an economy that is experiencing a simultaneous increase in inflation and stagnation of economic output.

US economy is now like a high speed car on the road.
The brake pad or brake feature has already removed.
This insane move will create perfect storm to the whole world.
One day, they will just print $$$ to pay all its US debt.
See who still dare to buy her debts.

据CCTV今日亚洲，“蛋白通胀”令亚洲多国民众叫苦。全球供应链紧张令多国“菜篮子”疯涨，韩国牛肉每斤(0.5 kg) 六百多元人民币，日本肯德基无薯条可卖、印度蔬菜价格翻番。日本经济学家认为，“恶性通货膨胀”来了。

so plse enlightened

what happen if

inflation

or

stagflation

(22-10-2021, 10:58 AM)Talent Wrote: [ -> ]so plse enlightened

what happen if

inflation

or

stagflation

Inflation _- economic still grow but with high inflation'

Stagflation__ economic not growing but high inflation,, cash is KIng

https://www.channelnewsasia.com/business...al-2258601
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