Inflation easing considerably

More than two years ago, Trumpf practically guaranteed that if Biden became president he would cause a massive economic depression of apocalyptic proportions.
 
Cypress said:
More than two years ago, Trumpf practically guaranteed that if Biden became president he would cause a massive economic depression of apocalyptic proportions.
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Everything bad that happens for the next twenty years will be blamed on ScapeGoat Trump....thats just a given.
 
Lets review:
Producer inflation up .3% not 2% predicted as food grew costlier offsetting gas which was down thanks to China.
Same guys who told us inflation was "transitory".
I expect inflation will ease sometime in 2023 or 4 but that's after massive job losses and further rate hiking by the Fed.
 
floridafan said:
Consumers grew more optimistic about inflation in November amid expectations that both food and energy price increases would be less severe in the coming year, according to a New York Federal Reserve survey released Monday.

The central bank’s Survey of Consumer Expectations indicated that respondents see one-year inflation running at a 5.2% pace, down 0.7 percentage point from the October reading.

That’s the lowest level for that reading since August 2021 — the early days of the inflation surge that has gripped the economy and pushed the Fed into a series of aggressive interest rate hikes that is likely to continue this week. The most recent annual inflation rate as gauged by the consumer price index was 7.7% in October.

In addition to the brightened short-term outlook, the inflation-rate projection for three years from now edged lower to 3%, down 0.1 percentage point from the previous month. A relatively new data series reflecting the five-year outlook declined by the same level, to 2.3%.
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All they got left to complain about is the Presidents son being addicted to drugs and careless with his laptop.
 
Celticguy said:
Lets review:
Producer inflation up .3% not 2% predicted as food grew costlier offsetting gas which was down thanks to China.
Same guys who told us inflation was "transitory".
I expect inflation will ease sometime in 2023 or 4 but that's after massive job losses and further rate hiking by the Fed.
Click to expand...

The American economy is a disaster which has been propped up with near zero interest rates and massive dollar creation. But that is ending soon, and massive poverty will grip this nation as far as the eyes can see.
 
Celticguy said:
Lets review:
Producer inflation up .3% not 2% predicted as food grew costlier offsetting gas which was down thanks to China.
Same guys who told us inflation was "transitory".
I expect inflation will ease sometime in 2023 or 4 but that's after massive job losses and further rate hiking by the Fed.
Click to expand...

Good to see that your economic knowledge is about zero.
 
floridafan said:
It was the last frepub lichen who brought on this inflation through lies, deceit and ineptness.
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lol....../whispers "Biden" in your nightmares.......he's the Queen of this inflationary cycle.....just like Carter was the last time......he wanted to be the reincarnation of Obama......instead he revisited us with the hell of Carter's many failures......
 
PostmodernProphet said:
lol....../whispers "Biden" in your nightmares.......he's the Queen of this inflationary cycle.....just like Carter was the last time......he wanted to be the reincarnation of Obama......instead he revisited us with the hell of Carter's many failures......
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Carter was a President, Biden is a President in name only......he fronts a revolution which is run by committee in secret, he does as he is told.
 
Hawkeye10 said:
Carter was a President, Biden is a President in name only......he fronts a revolution which is run by committee in secret, he does as he is told.
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You are a first-rate conspiracy nut. Biden is a president and doing a good job. He has attacked every problem that came his way. I suppose you miss the good old days of a prez bitching and insulting the press and anyone who dared to question him. To you, that is presidential. A secret committee? Are you that nuts?
 
Nordberg said:
You are a first-rate conspiracy nut. Biden is a president and doing a good job. He has attacked every problem that came his way. I suppose you miss the good old days of a prez bitching and insulting the press and anyone who dared to question him. To you, that is presidential. A secret committee? Are you that nuts?
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I am right a high percentage of the time.

Thats what the education was for.
 
floridafan said:
Consumers grew more optimistic about inflation in November amid expectations that both food and energy price increases would be less severe in the coming year, according to a New York Federal Reserve survey released Monday.

The central bank’s Survey of Consumer Expectations indicated that respondents see one-year inflation running at a 5.2% pace, down 0.7 percentage point from the October reading.

That’s the lowest level for that reading since August 2021 — the early days of the inflation surge that has gripped the economy and pushed the Fed into a series of aggressive interest rate hikes that is likely to continue this week. The most recent annual inflation rate as gauged by the consumer price index was 7.7% in October.

In addition to the brightened short-term outlook, the inflation-rate projection for three years from now edged lower to 3%, down 0.1 percentage point from the previous month. A relatively new data series reflecting the five-year outlook declined by the same level, to 2.3%.
Click to expand...

So...

Inflation is something like double to triple what it was prior to Joke taking office and predictions are that in the next 5 or so years it might get back to pre-Biden levels of normality rather than running rampant like it is today...

Thanks Joke Biden you fucking asshole!
 
T. A. Gardner said:
So...

Inflation is something like double to triple what it was prior to Joke taking office and predictions are that in the next 5 or so years it might get back to pre-Biden levels of normality rather than running rampant like it is today...

Thanks Joke Biden you fucking asshole!
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They dont care about us.
 
Hawkeye10 said:
They dont care about us.
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Never have, never will. I know the kind. They deserve to be fed to sharks or piranha. Or, maybe fed into a woodchipper then used as slop for pigs. As for a Middle Class... They understand they need enough of one to support their lifestyles, but don't want a large one because that represents a threat to their power.
 
I heard an expert say recently that inflation needs to run about as it is for about five years to get debt levels manageable, so it must run five years. There must be a default, and default through inflation (paying back in dollars that are worth less than the dollars borrowed) is the plan.

The claims that power feels our pain and is trying to do something about inflation is a flat out lie under this theory.
 
T. A. Gardner said:
Never have, never will. I know the kind. They deserve to be fed to sharks or piranha. Or, maybe fed into a woodchipper then used as slop for pigs. As for a Middle Class... They understand they need enough of one to support their lifestyles, but don't want a large one because that represents a threat to their power.
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Extreme revolutions such as this want a population that is easy to control, which means stupid, fragile, afraid, and not middle class.
 
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