Best of FinTwit: 2021-11-10

Below are the top tweets from the brightest financial minds on Twitter, as determined by @finchartbot, for November 10, 2021.

  1. By all accounts, the threat posed by record inflation to the American people is not “transitory” and is instead getting worse. From the grocery store to the gas pump, Americans know the inflation tax is real and DC can no longer ignore the economic pain Americans feel every day. [View on Twitter]


    @staunovo


  2. By all accounts, the threat posed by record inflation to the American people is not “transitory” and is instead getting worse. From the grocery store to the gas pump, Americans know the inflation tax is real and DC can no longer ignore the economic pain Americans feel every day. [View on Twitter]


    @rcwhalen


  3. Wouldn’t it be more accurate to say,
    “The Bureau of Labor Statistics (BLS) will not allow 1970s-style inflation to return” ??? https://twitter.com/FinancialJuice/status/1458210399703154690 [View on Twitter]


    @Galactic_Trader


  4. Is she still running the Fed? Also how will they not allow it? I thought the whole narrative was: we keep real rates deep negative coz nominal rates are not effective to calibrate supply shock inflation. So the narrative is changing? If it is, then 50 bp not gonna do shit ma’am https://twitter.com/financialjuice/status/1458210399703154690 [View on Twitter]


    @INArteCarloDoss


  5. Ha ha ha. Block the responses to a tweet? Doesn’t stop quote tweets. You should have #askJPM before this beauty…

    https://twitter.com/pfizer/status/1458184495530758146 [View on Twitter]


    @DavidBCollum


  6. Here’s the companion chart. Red line is a 6% real return per year.

    Interestingly, most of the pain comes in the ensuing 3 years on average. https://twitter.com/MebFaber/status/1458233559857057793 [View on Twitter]


    @MebFaber