> So you agree the recession prediction is not evidence for Shiff's competence?
Economists make wrong predictions all the time. Am saying Schiff is not exactly entirely wrong on some of the ones he's made in the past.
> ...have you looked at the trend, though? Inflation was climbing higher and higher until last June, and then it dropped by more than half. For the last 3-8 months the inflation rate has been about 4%.
Have you? The last time the inflation rate was even near 4% was in April 2021 [0].
Economists make wrong predictions all the time. Am saying Schiff is not exactly entirely wrong on some of the ones he's made in the past.
> ...have you looked at the trend, though? Inflation was climbing higher and higher until last June, and then it dropped by more than half. For the last 3-8 months the inflation rate has been about 4%.
Have you? The last time the inflation rate was even near 4% was in April 2021 [0].
[0] https://ycharts.com/indicators/us_inflation_rate