Rising Prices: 52>48, 42>51, 2 uc and 4 uc

[Fanofenka]

The US has been experiencing a rise in prices due to the reopening of the economy, driving up demand and causing shortages. Also, the value of the US dollar is in decline due to the stimulus checks.

When will the prices of everyday goods drop? 52.2.5.6 Stilling/Keeping Still/The Mountain/Immovable/Arresting to 48 The Well/Attached to/The Fire.
52.2=The US will rely on its own devices.
52.5=The US will keep its mouth quiet.
52.6=The US will be well-rested.
Is it saying that the prices will stop when the US does nothing where they will use their own resources?

When will the inflation rate in the US drop? 42.4.5.6 Increasing/Increase/Addition/Gain to 51 Shock/The Arousing/Thunder/Moving/Exciting Power.
42.4=The US will increase the supplies of everyday goods.
42.5=The government will enact policies favorable to the everyday people.
42.6=Adversaries will attack the US.
Is it saying that the US will seek surpluses that will affect the economy?

When will the common people be able to afford everyday goods? 2 uc Earth/The Receptive/The Passive Principle.
Is it saying that the common people are on their own devices?

What will the Biden administration do to control prices? 4 uc Not Knowing/Youthful Folly/Immaturity/Youthful Rashfulness.
Is it saying that the administration will come up with plans where they don't have a concensus?

 

[michaelgeorgeland]

Very interesting. I asked “What should I know about inflation in the USA?” And received 42.1.3->53

Full disclosure I am quite new to Yi but have extensive experience with tarot so am familiar with divination as a practice.

By my estimation, 42.1.3 points to increasing prices for some time ahead. Considering that every traditional cause of inflation is running red hot in the US (and some non-traditional causes as well), I feel 53 “Developing Gradually” (Huang) is essentially saying this will continue to unfold over a significant timeline.

On the surface, this does not bode well for the global economy; not in the medium term, and certainly not in the short term. However, the overall positive nature of both these gua (their balanced polarity) points to a far shore that is a desirable place to be. There will be some serious waves getting there, and again, I see 53 telling me the shore is indeed far - but it’s there.

Just my read on it. Your thoughts?

 

[michaelgeorgeland]

Also, in my armchair economist POV: the only tool really useful against inflation is central banks raising interest rates. With COVID continuing to do a number on unvaccinated populations, raising interest rates will be viewed as extremely unpopular. Unfortunately, failing to make the unpopular choice will have much, much graver consequences. I doubt that Biden will support such a move, but in my opinion, if the Fed waits until the end of 2022 - as was their timeline before inflationary pressures started to show - it will be too late.

Sadly, I think the global economy is in for tremendous pain over the next 2-4 years. But thereafter, the genuine recovery will take hold and we’ll see an economic boom driven by the realization of technological promise. It will be beyond what anyone could reasonably expect at that time.