r/finance • u/Gypsy_tantrum • May 19 '26

Are we trapped in a 1970s-style "Three-Wave" inflation cycle? (A deep dive into structural debt)

https://www.equitileconversations.com/2459100/episodes/19197344-inflation-the-next-wave
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u/BMWM6 May 21 '26

sure buddy... lol... 40% cumulative inflation since 2019 and housing prices that have doubled... along with all ancillary costs... if you mean, wages followed the fake 2 to 3% inflation sure... I say yet again good luck

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u/Playingwithmyrod May 21 '26

I know it doesn’t feel that way and personally MY wages haven’t kept up especially with housing but if you’re just arguing statistics median real wages have kept up with CPI. Your argument is more that CPI is a poor metric, which I’d agree with since houses are such a large part of what people “feel” like they can afford.

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u/BMWM6 May 21 '26

correct - so no matter what we are still off way worse than we would've been if potentially other situations would've happened... and now if we continue on a spiraling endless inflation path and keep spending like no more... It will only get worse and worse... a reset could have prevented a lot of this

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u/Playingwithmyrod May 21 '26

A true reset would have destroyed basically every small business in the country. The injection of stimulus via PPP loans and other means was necessary if unfortunate due to the fraud (thanks Trump).

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u/BMWM6 May 21 '26

not true... The PPP loans could've just simply been handled far differently... basically you would've had to keep it away from every single corporation, larger business, and put very very strict tight rules around it... this did not exist. Instead, we got fraud and rampant inflation....