Inflation easing considerably

floridafan said:
Any spending that Congress approves must be signed off by the President. Since he signed every spending bill, its his responsibility. Plus lets not forget his massive tax cut which will add to our deficit for many years to come.
I cant understand how trumps $7 trillion deficit didn't lead to inflation, but only spending by this President has.
Yes, his national debt increased by $7 trillion, and if you have other facts, prove them.

If you have provided "evidence" of these fuel costs, just post them again. I know you cant.
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I've proved it here several times.....reread them.....oh wait, I know you won't.......because you just want people to waste their time.....you're a baby refusing to eat.....
baby-refusing-to-eat-feature.png
 
PostmodernProphet said:
I've proved it here several times.....reread them.....oh wait, I know you won't.......because you just want people to waste their time.....you're a baby refusing to eat.....
baby-refusing-to-eat-feature.png
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Then send me a link to those "proofs".
Now to demonstrate what a real ignoramus you are, here are the national debt figures. In Jan 2017 the national debt was $20.245 trillion, and in December 2020, weeks before Trump left office the debt was $27.748 trillion.
But of course in your sick mind this had nothing to do with todays inflation.
https://www.thebalancemoney.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
 
floridafan said:
Then send me a link to those "proofs".
Now to demonstrate what a real ignoramus you are, here are the national debt figures. In Jan 2017 the national debt was $20.245 trillion, and in December 2020, weeks before Trump left office the debt was $27.748 trillion.
But of course in your sick mind this had nothing to do with todays inflation.
https://www.thebalancemoney.com/national-debt-by-year-compared-to-gdp-and-major-events-3306287
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thank you for doing some research.....from your link.....
2017 $20,245 104% Congress raised the debt ceiling
2018 $21,516 105% Trump tax cuts
2019 $22,719 107% Trade wars
2020 $27,748 129% COVID-19 and 2020 recession
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new deficit 2017......$672B
new deficit 2018......$1271B
new deficit 2019......$1203B
new deficit 2020......$5029B

now, comes the hard part.......what happened in 2020 that didn't happen in 2017-2019?......
 
floridafan said:
Give me a topic and a post number. Short of that you are a fucking liar.
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the fucking liar is the guy claiming that THIS TIME he would actually read what he should have read the last dozen times it was given to him.......your lame demmycunt tactics are transparent........

let me ask this.....are you even aware that in January of 2021, the Pale Faced Pedophile issued executive orders impacting the fossil fuel industry?......
 
PostmodernProphet said:
thank you for doing some research.....from your link.....


new deficit 2017......$672B
new deficit 2018......$1271B
new deficit 2019......$1203B
new deficit 2020......$5029B

now, comes the hard part.......what happened in 2020 that didn't happen in 2017-2019?......
Click to expand...

Are you trying to justify the $7 trillion of deficit that trump ran up, or pretend that it didn't have an effect on inflation?
 
PostmodernProphet said:
the fucking liar is the guy claiming that THIS TIME he would actually read what he should have read the last dozen times it was given to him.......your lame demmycunt tactics are transparent........
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Time to end this charade, you are a fucking ignorant and clueless asshole, who has never posted a fact in your life.
 
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.
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As the economy improves there will be no more rate hikes. That's how life works.
 
Hawkeye10 said:
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.
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Thank goodness Tucker hasn't ever been correct about anything. That's where you get your "wisdom", twumptard.
 
Hawkeye10 said:
I am right a high percentage of the time.

Thats what the education was for.
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Name one time you've been correct about anything. Was it when you predicted twump would resign 3 months into his term? Was it the time when you characterized twump as a "truth-teller"?

You're nothing but a miserable, pathetic Nazi troll.
 
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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My wealth increased during the two Clinton and Obama terms as did yours. The economy is improving under Biden much better than it is anywhere else in the world.

Please tell us what you're smoking so the rest of us can avoid it.
 
Concart said:
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.
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I expect this bullshit from Hawkeye. He's nothing but a wing nut troll who hangs on Tucker's every word. TA's just trolling. He knows better.
 
floridafan said:
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.
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Also, had twump not fought Fauci at every turn and spewed horse paste and anti-mask propaganda many more people would be alive. I'm also quite sure that if twump hadn't had access to every cutting edge Covid treatment known to modern medicine, he'd have died from it. He was one of the people so sick he was on a respirator.
 
LurchAddams said:
My wealth increased during the two Clinton and Obama terms as did yours. The economy is improving under Biden much better than it is anywhere else in the world.

Please tell us what you're smoking so the rest of us can avoid it.
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ironic......Trump gave us the best economy in decades for the first three years of his presidency......the demmycunts condemned him because of what the Chinese virus did to the country........Biden gives us the worst economy since Carter and because inflation is only 7.1% instead of 7.5% they want to call him the best in the world.......
 
Hawkeye10 said:
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.
Click to expand...

You forgot to tell us about cats and dogs will be living together


Did you predict the BUSH caused world wide Crash of 2008?


Nope

Back then you claimed the economy was great right up until the stock market crashed huh


Right wing economic predictions are trash


Your team does the crashing


That is what history tells us idiot


Dems then fix your stupid evil deregulation and tax cuts for the wealthy cause another mess


The gig is up


History clearly shows the right wings economic ideas come from a libertarian coloring book for the economically inept


Give up


You have been caught
 
Nordberg said:
Increasing the interest base rate is how the Fed slows down inflation. Have you missed the point additions for the last year and a half? Do you know anything? Can you read a graph?https://www.worlddata.info/america/...tion period from,year inflation rate was 7.7%.
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Ok dingbat.

First off, inflation and price increases are not the same thing. Inflation is the result of the federal government printing money faster than the rate of wealth creation. The Fed manipulating interest rates has nothing to do with inflation. Price increases are the result of increased costs associated with bringing products/services to market. Prices will change as the related supply/demand components within a market change.

The rest of my response will be assuming that you are wanting to discuss price increases (groceries cost THIS MUCH now!!!???).

Do you realize that the Fed manipulating interest rates can only affect the DEMAND side?? Current price increases ARE NOT being driven by the demand side (demand for consumer goods has been freefalling for years now... WE ARE IN A DEPRESSION for goodness sake!)... Current price increases are actually being driven by the SUPPLY side, driven by the radical change in national energy policy (ideologically chasing solar panels and windmills). IOW... low supply (read: shortages), due to radical "green" national energy policy, is in a general sense pushing prices upward.

What the Fed is doing, underneath their pretending that the demand side is the issue, is trying to "manage the transition" from coal/oil to wind/solar. "Managing the transition" unfortunately involves purposely pushing demand as low as possible (hence the increased interest rates DURING A DEPRESSION), pushing demand down in line with the purposely lowered supply. No amount of Fed interest rate manipulation can address the root cause of these price increases, which is the ideological (idiotillogical?) national energy policy that is crushing the supply side.

Enjoy the "new normal"! ;)

TLDR: Democrats are pretenders, in this case pretending that demand side = supply side.
 
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