It's 100% Biden's Inflation

When Trump was in office, there wasn't even a guarantee there would be toilet paper for someone to pick up while buying groceries.

The great toilet paper shortage happened when Trump was President, not Biden.

The great toilet paper shortage happened when democrat governors started locking down their states stopping the production of everything everywhere. Think before you type.
 
It is the same thing as a five year old saying, "Uh-HUH!" in response to you telling him he cannot eat ice cream for dinner tonight.

Nah, you're just starting to feel the heat because you're realizing your culpability in all this by hosting a platform where COVID misinformation was and continues to be spread, and how you did ABSOLUTLEY NOTHING about it.

In fact, you did much worse...you relegated people who called that shit out to less-trafficked threads because you were trying to keep your Nazi users and didn't want an exodus to 4chan or 8chan, where most of the Conservative liars here belong.
 
I bought a Prius 12 years ago and I still only fill it up maybe once a month.

All my groceries are delivered by Amazon/Instacart/Postmaters/UberEats.

If you have no money because you blew your whopping $35K/year salary filling up your pointless, gas-guzzling truck, that's on you.

Blaming Biden for your poor choices and lack of foresight is one of the MANY reasons why you lost to him in 2020.

Why would I have thought you drove a Prius? What gave me the clue. Glad your everyday needs are delivered to your door. Good thing none of those services use gasoline powered vehicles or the people that produce the goods you purchase. I had you blocked for a year and had forgotten how out of touch with reality you are.
 
Stupid monetary policy is as stupid monetary policy does.

OK, what monetary policy of Biden's was "stupid", when it was Trump who cut taxes and produced record deficits and added trillions to the debt, causing a recession, after promising the opposite?
 
You are an idiot who literally does not know what causes inflation, how to avoid it, and why the policy of Brandon is causing it. I get that you don't want to recognize facts that do not fit within your confirmation bias, but simply saying nonsense like what you have provided here isn't an argument.

Coming from you? Hahaha... Thats rich.
 
The great toilet paper shortage happened when democrat governors started locking down their states stopping the production of everything everywhere. Think before you type.

No, it happened thanks to you and Trump downplaying COVID for two months, only to have that blow up in your face.

And most states in this country don't have Democratic governors...less than half, actually.

And FYI - here in Atlanta, we never ran out of toilet paper....but the morons in the Boonies sure did!
 
Why would I have thought you drove a Prius? What gave me the clue.

The fact that I've said it countless times, your COVID brain-fog just couldn't remember it.

We told you that COVID was more than just the sniffles.


Glad your everyday needs are delivered to your door.

Yeah, me too because it cuts back on the number of ugly, acne-scarred assholes like you I have to see, that physically make me ill to look at.


Good thing none of those services use gasoline powered vehicles or the people that produce the goods you purchase.

Hey, if a delivery person wants to be smart and buy a hybrid/electric car, good for them; if a delivery person can make it work with a gas guzzler on the wages they get, ALSO good for them.

It's not my problem if your preferred lifestyle is now unaffordable to you.

Be a responsible adult, or just make more fuckin' money.


I had you blocked for a year and had forgotten how out of touch with reality you are.

All you do is steal memes from other people and pass it off as work you did.
 
Remind me, who was it who told Bob Woodward in private on 2/8/20 that COVID is "deadly stuff" that is "more serious than even your most strenuous flus", but then told YOUR STUPID ASS throughout all of February and March 2020 that it was "no worse than the flu"?

Who was that who did that?

You are attempting to reason with an American conservative.

You'd have better luck attempting it with a brick!

The last thing in the world an American conservative wants...is reason.
 
Yes, plus you know you are wrong.

Legion's big tell is when he asks "is that so?" or some variation.

That's to let you know that he doesn't have any direction or sense of what to do with information that critical to his beliefs.
 
I personally had my raw materials cost increase by 25% in one day. Mostly just meant an increase in cost to my customers.
A nail factory in the mid west went out of business that day though when their cost increase for steel was much higher than their profit margin and moved the company to Mexico.
Car manufactures and anyone else whose raw material is mostly steel have suffered.

I don't think that anything that hurts our economy is good at this point, but I suggest for your own edification that you research how tariffs saved Harley Davidson in the mid '80s. I was there, it worked well and Harley is strong still 35 years later.
tariffs work to stop "dumping" (Harley) or in the Trump case of forcing Mexico into the REMAIN program
 
It is not 100% Biden's fault.

It is mostly the Federal Reserve's fault.

fredgraph.png

https://fred.stlouisfed.org/series/WALCL

So the Fed adds almost $5 TRILLION dollars to the economy since 2020 while running ZIRP (Zero Interest Rate Policy) has little to do with inflation?
Come on now...it has EVERYTHING to do with it.

This has been coming for many years...ever since the Fed decided in 2008 to start deliberately manipulating the economy via the equity markets.
And one could even say it first began in 2001 when the Fed dropped interest rates NOT to fight inflation...but to stimulate the economy.

Because Biden is POTUS when it happens it politically is his responsibility.

But the ACTUAL responsibility for this inflation is the MASSIVE amount of 'cheap money' sloshing around - 90+% of which is due to the central banks actions.

And above all else, fighting inflation is the (theoretical) NUMBER ONE REASON FOR THE FED'S EXISTENCE!!!
 
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And you are a special kind of stupid. I asked if he was suggesting Biden's policies were not responsible for inflation in the US.

Voters are correct: Biden is to blame for inflation




Plus isn't it odd that inflation started to take off right after Biden took office.


https%3A%2F%2Fbucketeer-e05bbc84-baa3-437e-9518-adb32be77984.s3.amazonaws.com%2Fpublic%2Fimages%2F064b6b89-6df8-42db-ae9d-0063e575b6d9_1169x773.jpeg
You are a fucking idiot.
The US oil industry doesn't appear to be in any rush to come to the rescue of Americans struggling with high gas prices. Oil company CEOs say Wall Street is to blame.

Fifty-nine percent of oil executives said investor pressure to maintain capital discipline is the primary reason publicly traded oil producers are restraining growth, according to a Federal Reserve Bank of Dallas survey released Wednesday.




Although environmental policies are often blamed for high energy costs, oil executives do not seem to view them as the central factor here.
Just 6% of executives polled by the Dallas Fed pointed to government regulations as the primary reason publicly-traded oil companies are restraining production growth.
 
tariffs work to stop "dumping" (Harley) or in the Trump case of forcing Mexico into the REMAIN program

Tariffs don't work, and we know they don't work because your dumb tariffs cost taxpayers $30B to bail out the farmer trash who was suckered by your bullshit.
 
So the Fed adds almost $5 TRILLION dollars to the economy since 2020 while running ZIRP (Zero Interest Rate Policy) has little to do with inflation?

Correct, it has little to do with inflation.


Come on now...it has EVERYTHING to do with it.

No, it has nothing to do with it because inflation barely changed until people emerged from the pandemic and put pressure on supply chains.

Now, it's not inflation AT ALL, it's just price gouging.

You know how I know it's just price gouging? Other than the fact that I'm smarter than you? Because wages didn't inflate at the same rate as prices, and inflation affects every dollar equally.

The TRUE inflation rate isn't 7%...it's whatever wages inflated by Y-o-Y, which was less than 4%.
 
This has been coming for many years...ever since the Fed decided in 2008 to start deliberately manipulating the economy via the equity markets.
And one could even say it first began in 2001 when the Fed dropped interest rates NOT to fight inflation...but to stimulate the economy.

No, you have no fucking idea what you're talking about.

QE has nothing to do with inflation, and if it did, those inflationary pressures would have started IMMEDIATELY.

This is just like the lazy argument you made about how the CRA, which was passed in 1977, somehow, someway was responsible for Bush and his stupid regulators lowering lending standards 27 years later.

There was no inflation time-release capsule...inflation doesn't take years and years to occur.

There is NO LINE TO DRAW between QE and the current inflation, which is just price gouging because wages haven't inflated at the same rate as prices, and inflation AFFECTS EVERY DOLLAR EQUALLY.

There is, however, a line to draw between downplaying a pandemic and causing people to stay at home and be cautious for two years, and then all those people emerging and putting more demand into the market.

And you fucking morons should be LOVING QE because it is trickle-down, supply-side economics in its most base form...and now, suddenly you're mad about it and are blaming it for inflation? Sooooo, where was this inflation during the last decade? You would have us believe that inflation is self-realized and chose this particular moment in time to...increase?

Are you also brain damaged?


But the ACTUAL responsibility for this inflation is the MASSIVE amount of 'cheap money' sloshing around - 90+% of which is due to the central banks actions.

COMPLETELY.

FUCKING.

WRONG.

The responsibility for this is corporate price gouging and Conservative mismanagement of the country.
 
Tariffs don't work, and we know they don't work because your dumb tariffs cost taxpayers $30B to bail out the farmer trash who was suckered by your bullshit.
the money paid to farmers came from tariffs -not taxpayers..
the rest of your screeching on this thread is beyond stupid and not worth my time
 
the money paid to farmers came from tariffs -not taxpayers.

NOPE.

It came from taxpayers, as it always does.

Taxpayers end up paying tariffs.

$30B down the drain because you don't know SHIT about economics.

$30B added to the $8T of debt you and Trump racked up in just 4 years.

Congrats for failing so hard, deadbeat.
 
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