Inflation easing considerably

[Hawkeye10]

I heard someone recently say that we are going to end up with two classes......The Rulers which will be about 5% of the population, and the Serfs, the other 95%.

 

[PostmodernProphet]

He has attacked every problem that came his way.

ROFL.......name one that he hasn't made worse......

 

[Yakuda]

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%.

https://www.cnn.com/2022/12/11/investing/stocks-week-ahead/index.html

 

[Concart]

So inflation slowed at a greater pace than expected, while job creation remains strong and the unemployment rate is historically low and GDP growth is slow but positive.

I guess the sky isn't falling then? Who knew? Oh, that's right, I did.

 

[floridafan]

https://www.cnn.com/2022/12/11/investing/stocks-week-ahead/index.html

The worst of the trump inflation is about over, recovery is in sight.

 

[Yakuda]

The worst of the trump inflation is about over, recovery is in sight.

Why do they raise interest rates idiot? Two years and you're STILL blaming trump. Did the dog eat your homework? Morons.

 

[floridafan]

Why do they raise interest rates idiot? Two years and you're STILL blaming trump. Did the dog eat your homework? Morons.

Had trump not lied about Covid and its dangers from day1, had he been honest and encouraged masking and every safety precaution, had he not told us it was going to go away in a few days....Then maybe, the effect on our population wouldn't have been so severe. Had people like you not lied daily about Covid, its quite possible that this current inflation, the direct result of Covid, may not have occurred.

 

[Yakuda]

Had trump not lied about Covid and its dangers from day1, had he been honest and encouraged masking and every safety precaution, had he not told us it was going to go away in a few days....Then maybe, the effect on our population wouldn't have been so severe. Had people like you not lied daily about Covid, its quite possible that this current inflation, the direct result of Covid, may not have occurred.

What lies? 14 days to flatten the curve? Masks work? Social distancing? Shutdowns? Vaccines that stop the spread? All facui you dumbass moron

 

[floridafan]

What lies? 14 days to flatten the curve? Masks work? Social distancing? Shutdowns? Vaccines that stop the spread? All facui you dumbass moron

This is not the first time I have posted this for you. I so well remember early on when you said that Covid was not more dangerous than the common flu. Now we are millions of deaths later
https://www.theatlantic.com/politics/archive/2020/11/trumps-lies-about-coronavirus/608647/
https://khn.org/news/article/lie-of-the-year-the-downplay-and-denial-of-the-coronavirus/

 

[Yakuda]

This is not the first time I have posted this for you. I so well remember early on when you said that Covid was not more dangerous than the common flu. Now we are millions of deaths later
https://www.theatlantic.com/politics/archive/2020/11/trumps-lies-about-coronavirus/608647/
https://khn.org/news/article/lie-of-the-year-the-downplay-and-denial-of-the-coronavirus/

Where did post that? Copy and paste my words.

Millions dead WITH covid not FROM covid. I'd try to explain the difference but why? Youre a dunce.

 

[floridafan]

Where did post that? Copy and paste my words.

Millions dead WITH covid not FROM covid. I'd try to explain the difference but why? Youre a dunce.

Few who were inoculated died, the vast vast majority died and were never inoculated. Your lies continue.

 

[Into the Night]

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%.

Another fake report from the Fed. *yawn* Apparently Democrats are STILL trying to deny the economic depression we are in (or that they caused it).

 

[Into the Night]

Wise economic management works

Fascism and communism never work.

It has done so every time it’s done

It has never worked.

Republicans don’t use math to do economics
Math always proves them wrong

Economics isn't math, dumbass. Random numbers are, but you deny random number mathematics, right along with statistical mathematics and probability mathematics.

So they will ignore these numbers and just lie and say it’s worse

Random numbers are not data, dude.

The Republican Party needs to die for this nation to heal

Your call for civil war is already noted.

 

[Into the Night]

Well, the Mid-Term election is over yanno?

Not yet! Election fraud by Democrats caused several elections to fault AGAIN! Some States are taking action this time and arresting some of those involved.

 

[Into the Night]

Biden is doing a fine job for America.

HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA! Do you REALLY think that your chanting is making a difference??????!?

 

[Into the Night]

You assholes sure know how to make them


But the Democratic Party always has to fix these messes the republicans make of the economy with their constant deregulation and corporate tax cuts

DEMOCRATS caused the current economic depression. They caused the last one too...and the one before that...and the one before that.
Fascism and communism doesn't work, dude.

 

[Into the Night]

And you support the idiot economic ideas of the Republican Party fool

I already know you hate capitalism. I already know you hate the free market.

It's immortal, dude. You can't kill it.

 

[Into the Night]

The entire American right does the Austrian school of economics


It’s the short bus school of economics


They don’t think math belongs in doing economics

Economics isn't math. You can't print enough money to cause prosperity.

 

[Into the Night]

Bad news for the Republicans. They want the economy to fail so they can blame Biden. Republicans hate America and are terrified of their own brainless white supremacist voters.

You are talking about Democrats. Inversion fallacy. You don't get away with projecting YOUR problems on Republicans.

 

[Into the Night]

I was reading that retailers did not order much for Christmas season, and they expect spending to be light and they want to offload their extensive inventories before the Recession/Depression really kicks in next year.

The economic depression is already here. It began in 2019 and was caused by Democrats.