“The inflation rate is stuck at 3% because we can’t dis-inflate it… we’re not going back to goods deflation.”
JB
Jim Bianco
Monetary Matters with Jack Farley ·
Michael Conrath · Bloomberg Intelligence · 'Ugly' Midterms, Increasing Your Nest Egg, Everywhere Millionaires
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stated the annual inflation rate for Medicare costs
6% per year
“The inflation rate is stuck at 3% because we can’t dis-inflate it… we’re not going back to goods deflation.”
“You have a $4,000 annual amount that Medicare puts in your account, you can roll over that money, and next year it might be $6,000 or $8,000… these funds do have an interest rate attached to it”
“Candy has gone up at a rate greater than inflation. I think the year-over-year right now is it's gone up roughly 8%”
“‘I think the answer is that states that are risky… their borrowing costs would go up. But a state like Utah… its borrowing costs might go down.’”
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