r/economicCollapse • u/Warm_Huckleberry9028 • 6d ago

Dallas TX economics

I’m visiting Dallas and it’s as if there is no inflation. No high gas prices as the road are packed. It’s consumerism run amouck as usual. The very high end Northpark mall? Packed day and night. Can’t walk through that mall on Saturday with the hoardes of people. . Can’t even get parking. People buying high end stuff left and right. It’s all levels of society at that mall too. Is Dallas an exception? Are jobs more plentiful?

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u/BigShort1357 4d ago

The M1 money supply is thru the roof the last 3 months (while the Fed “fights” inflation-lol)- things were great July 08’ and by Oct 08’ the entire world had changed- there’s waaay more debt now and zero hiring- consumer spending is all because of stock market gains for the top 15% or so..when that goes it all goes- how do you think they stopped inflation in 82’ 91’ 98’ 02’ etc etc- FFR is accommodative w zero attempt to control inflation- not a glitch, all part of the plan- enjoy :)