Krugman: History says don’t panic about inflation

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gemini104104

Verified User
As a result of all the anti Biden, anti American and tRump and repuke conspiracies of the gutter farting out media misinformation as a attempt to play society as a gullible sucker again, the facts remain President Biden and Team have done a great job of mitigating the destructive and unGodly influence of the former lawlessly hacked in tRump curse upon humanity:

Back in July, the White House’s Council of Economic Advisers posted a thoughtful article to its blog titled, “Historical Parallels to Today’s Inflationary Episode.” The article looked at six surges in inflation since World War II and argued persuasively that current events don’t look anything like the 1970s. Instead, the closest parallel to 2021’s inflation is the first of these surges, the price spike from 1946-48.

Wednesday’s consumer price report was ugly; inflation is running considerably hotter than many people, myself included, expected. But nothing about it contradicted CEA’s analysis — on the contrary, the similarity to early postwar inflation looks stronger than ever. What we’re experiencing now is a lot more like 1947 than like 1979.

https://www.pressdemocrat.com/article/opinion/krugman-history-says-dont-panic-about-inflation/
 
gemini104104 said:
As a result of all the anti Biden, anti American and tRump and repuke conspiracies of the gutter farting out media misinformation as a attempt to play society as a gullible sucker again, the facts remain President Biden and Team have done a great job of mitigating the destructive and unGodly influence of the former lawlessly hacked in tRump curse upon humanity:

Back in July, the White House’s Council of Economic Advisers posted a thoughtful article to its blog titled, “Historical Parallels to Today’s Inflationary Episode.” The article looked at six surges in inflation since World War II and argued persuasively that current events don’t look anything like the 1970s. Instead, the closest parallel to 2021’s inflation is the first of these surges, the price spike from 1946-48.

Wednesday’s consumer price report was ugly; inflation is running considerably hotter than many people, myself included, expected. But nothing about it contradicted CEA’s analysis — on the contrary, the similarity to early postwar inflation looks stronger than ever. What we’re experiencing now is a lot more like 1947 than like 1979.

https://www.pressdemocrat.com/article/opinion/krugman-history-says-dont-panic-about-inflation/
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Good. Then you can pay all the increases to my fuel and food bills, ya fucking communist.
 
I have now seen in the last few days a whole basket of Mind Molder Products selling the narrative that inflation is nothing to be be worried about yet. The mission is keeping the little people docile for as long as possible. The result I think will be a further tarnishing of the reputation of the Failed Intelligentsia.....who will tell the boldest of lies now.
 
gemini104104 said:
As a result of all the anti Biden, anti American and tRump and repuke conspiracies of the gutter farting out media misinformation as a attempt to play society as a gullible sucker again, the facts remain President Biden and Team have done a great job of mitigating the destructive and unGodly influence of the former lawlessly hacked in tRump curse upon humanity:

Back in July, the White House’s Council of Economic Advisers posted a thoughtful article to its blog titled, “Historical Parallels to Today’s Inflationary Episode.” The article looked at six surges in inflation since World War II and argued persuasively that current events don’t look anything like the 1970s. Instead, the closest parallel to 2021’s inflation is the first of these surges, the price spike from 1946-48.

Wednesday’s consumer price report was ugly; inflation is running considerably hotter than many people, myself included, expected. But nothing about it contradicted CEA’s analysis — on the contrary, the similarity to early postwar inflation looks stronger than ever. What we’re experiencing now is a lot more like 1947 than like 1979.

https://www.pressdemocrat.com/article/opinion/krugman-history-says-dont-panic-about-inflation/
Click to expand...

have banks ever had zero % reserve requirements?
 
gemini104104 said:
As a result of all the anti Biden, anti American and tRump and repuke conspiracies of the gutter farting out media misinformation as a attempt to play society as a gullible sucker again, the facts remain President Biden and Team have done a great job of mitigating the destructive and unGodly influence of the former lawlessly hacked in tRump curse upon humanity:

Back in July, the White House’s Council of Economic Advisers posted a thoughtful article to its blog titled, “Historical Parallels to Today’s Inflationary Episode.” The article looked at six surges in inflation since World War II and argued persuasively that current events don’t look anything like the 1970s. Instead, the closest parallel to 2021’s inflation is the first of these surges, the price spike from 1946-48.

Wednesday’s consumer price report was ugly; inflation is running considerably hotter than many people, myself included, expected. But nothing about it contradicted CEA’s analysis — on the contrary, the similarity to early postwar inflation looks stronger than ever. What we’re experiencing now is a lot more like 1947 than like 1979.

https://www.pressdemocrat.com/article/opinion/krugman-history-says-dont-panic-about-inflation/
Click to expand...

Paul Krugman was a moron who never got much of anything right. That's why leftists love him so much; they are morons too. :palm:
 
Hawkeye10 said:
I have now seen in the last few days a whole basket of Mind Molder Products selling the narrative that inflation is nothing to be be worried about yet. The mission is keeping the little people docile for as long as possible. The result I think will be a further tarnishing of the reputation of the Failed Intelligentsia.....who will tell the boldest of lies now.
Click to expand...

It's much better than that! They also claim that by passing a massive $2 trillion pile of leftist bile, it will reduce inflation and doesn't cost one dime.

Who listens to that bullshit and shakes their heads in agreement other than the PHONY media and morons? :palm:
 
katzgar said:
posting lies just means you are posting lies
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tenor.gif

tenor.gif
 
katzgar said:
Has anyone ever f***** the economy up as badly as Trump did
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The economy wasn't fucked up until the PHONY media and Democratic Party of Lying Jackasses used a pandemic to drag the worst, most senile, unaccomplished dunce to ever inhabit the White House across the finish line.

I wish you weren't a repugnant, lying, low IQ, worthless piece of human filth. Really I do. :palm:

 
Krugman is a Nobel prize-winning economist. Rightys do not like what he says, so instead of arguing his economics, they attack him on a personal level. They think Trump knows more. That tells us a lot.
 
Nordberg said:
Krugman is a Nobel prize-winning economist. Rightys do not like what he says, so instead of arguing his economics, they attack him on a personal level. They think Trump knows more. That tells us a lot.
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keynesians believe in fiat currency as a useful totalitarian power. they deny inflation. they're retarded.
 
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