Author Topic: INFLATION IS OUR FRIEND  (Read 19352 times)

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Offline morekaos

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Re: INFLATION IS OUR FRIEND
« Reply #345 on: November 24, 2021, 10:20:19 AM »
HAHAHAHAH...Here's NBC's helpful hint to get through Thanksgiving Inflation...1) Cut out Turkey  2) Dont invite anyone and  3) Charge your guests at the door!!! (Venmo makes it easy and less awkward)   Everybody needs to pitch in...Inflation is your friend!!


Offline Liar Loan

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Re: INFLATION IS OUR FRIEND
« Reply #346 on: November 30, 2021, 10:25:06 AM »
Powell has announced that he is retiring the term 'transitory'... not because he was wrong mind you, but because Americans were too dumb to understand what he meant.

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Re: INFLATION IS OUR FRIEND
« Reply #347 on: November 30, 2021, 10:34:38 AM »
Any word with more than three syllables and you'll lose most of the crowd completely. "Kardashian" being one of the few exceptions.
My .02c

SGIP

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Offline morekaos

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Re: INFLATION IS OUR FRIEND
« Reply #348 on: November 30, 2021, 02:47:06 PM »
Nothing to see here….

'Inflation will ease over time, whatever you want to call it': Psaki DOWNPLAYS soaring prices and accuses Republicans of 'screaming from bullhorn' - after Fed Chair Powell warned it could get worse


Psaki stood by the Biden administration's months-old line that the 31-year high in consumer prices is merely temporary in comments to reporters aboard AF1
That's despite Fed Chair Jerome Powell indicating otherwise just hours earlier
The press secretary also said Republicans had 'no plan' to fix inflation
Markets dropped as Powell testified before the Senate Banking Committee
During the hearing he acknowledged that soaring inflation isn't 'transitory'
He said inflation pressures were 'high' and the economy is 'strong'
Powell's remarks raised the possibility of future interest rate hikes
He also raised 'downside risks to employment and economic activity and increased uncertainty for inflation' amid the new Omicron COVID variant

https://www.dailymail.co.uk/news/article-10259897/Psaki-DOWNPLAYS-inflation-accuses-GOP-screaming-bullhorn-Fed-says-worse.html


Offline morekaos

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Re: INFLATION IS OUR FRIEND
« Reply #349 on: December 10, 2021, 09:02:11 AM »
It's coming...the "Inflation is your friend!" campaign.  The "Malaise" speech is on the  flight deck..

Try to spin this, Joe: Inflation soars to highest level in 40 YEARS as 'Bidenflation' sees prices jump 6.8% in biggest rise since Reagan admin after White House had secret meetings with journalists begging for better press on economy

Overall consumer prices rose 6.8% in November from a year ago, the biggest annual gain since 1982
Consumer price index jumped 0.8% on the month, down slightly from October's gain of 0.9%
'Inflation is going to get worse before it gets better,' one analyst warns as supply chain crisis continues
Soaring inflation has become a political liability for Biden, who is urging journalists to be more favorable
Administration officials have been holding secret briefings pleading for better coverage on the economy

https://www.dailymail.co.uk/news/article-10296485/Inflation-soars-highest-level-40-YEARS-prices-jump-6-8.html


Offline irvinehomeowner

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Re: INFLATION IS OUR FRIEND
« Reply #350 on: December 10, 2021, 11:46:51 AM »
Uh... supply chain?
Once you go 3-car garage... your junk can never go back.
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Offline akula1488

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Re: INFLATION IS OUR FRIEND
« Reply #351 on: December 10, 2021, 12:15:51 PM »
Let me guess. Is it the unvaccinated indirectly causing inflation or climate change or racial justice or gender discrimination or abortion ban or guns?
Looks like this administration has lost sight on reality. When you cannot put food on the table or keep the house warm in winter, no body cares about climate change, EVs, racial or gender injustice or abortion or gun debate.

Offline fatduck

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Re: INFLATION IS OUR FRIEND
« Reply #352 on: December 10, 2021, 12:32:54 PM »
Let me guess. Is it the unvaccinated indirectly causing inflation or climate change or racial justice or gender discrimination or abortion ban or guns?
Looks like this administration has lost sight on reality. When you cannot put food on the table or keep the house warm in winter, no body cares about climate change, EVs, racial or gender injustice or abortion or gun debate.
what?

Offline CalBears96

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Re: INFLATION IS OUR FRIEND
« Reply #353 on: December 10, 2021, 01:10:04 PM »
Let me guess. Is it the unvaccinated indirectly causing inflation or climate change or racial justice or gender discrimination or abortion ban or guns?
Looks like this administration has lost sight on reality. When you cannot put food on the table or keep the house warm in winter, no body cares about climate change, EVs, racial or gender injustice or abortion or gun debate.
what?

Far right wing "logic".

Offline akula1488

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Re: INFLATION IS OUR FRIEND
« Reply #354 on: December 10, 2021, 02:38:23 PM »
How focusing on the economy is far right?

Far right agenda would be the opposite of what I just said. Drill baby drill.
Ban gay marriage
Promote white supremacy
Expel gun control laws
Etc

This administration's priority is so far left that are going to piss off majority of the electorates, at least the alive ones.


Let me guess. Is it the unvaccinated indirectly causing inflation or climate change or racial justice or gender discrimination or abortion ban or guns?
Looks like this administration has lost sight on reality. When you cannot put food on the table or keep the house warm in winter, no body cares about climate change, EVs, racial or gender injustice or abortion or gun debate.
what?

Far right wing "logic".

Offline eyephone

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No facts or poll support just your opinion
« Reply #355 on: December 10, 2021, 02:58:40 PM »
Akula your comments are almost anecdotal

1. Cant put food on the table? Are you sure? There are so many jobs available with higher pay than before for the retail workers and others.
2. Florida Gov. Ron DeSantis is putting environmental concerns among his top priorities for a second year as his $96.6 billion budget proposal released Thursday includes $2.2 billion for priorities such as the Everglades restoration, water quality issues, and managing growth.

https://news.wgcu.org/2021-12-09/environmental-concerns-are-among-top-priorities-of-desantis-budget-proposal?_amp=true

3. majority of Americans understand that climate change is a problem. A recent poll found that about six in 10 adults in the United States say the effects of global warming are already happening and a slightly greater proportion believe human activities are to blame for the Earth’s rise in temperature. Another study found that 65% of Americans believe that climate change is an emergency.

https://www.brookings.edu/blog/planetpolicy/2021/05/10/republicans-in-congress-are-out-of-step-with-the-american-public-on-climate/amp/



How focusing on the economy is far right?

Far right agenda would be the opposite of what I just said. Drill baby drill.
Ban gay marriage
Promote white supremacy
Expel gun control laws
Etc

This administration's priority is so far left that are going to piss off majority of the electorates, at least the alive ones.


Let me guess. Is it the unvaccinated indirectly causing inflation or climate change or racial justice or gender discrimination or abortion ban or guns?
Looks like this administration has lost sight on reality. When you cannot put food on the table or keep the house warm in winter, no body cares about climate change, EVs, racial or gender injustice or abortion or gun debate.
what?

Far right wing "logic".

Offline CalBears96

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Re: INFLATION IS OUR FRIEND
« Reply #356 on: December 10, 2021, 03:31:32 PM »
Trumper is so extremely far right that he thinks everything is far left. Funny thing is he calls himself a "moderate." LMAO

Offline sleepy5136

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Re: INFLATION IS OUR FRIEND
« Reply #357 on: December 10, 2021, 04:13:47 PM »
Let me guess. Is it the unvaccinated indirectly causing inflation or climate change or racial justice or gender discrimination or abortion ban or guns?
Looks like this administration has lost sight on reality. When you cannot put food on the table or keep the house warm in winter, no body cares about climate change, EVs, racial or gender injustice or abortion or gun debate.
what the f.....?

anyway, let's throw politics out of this for a second. If you were president dealing with a pandemic, what would you have done better to prevent the supply chain bottlenecks that are transpiring? What can you do when China decides to shut off their ports on ONE covid case found? What can you do when there is a shortage in truck drivers? What can you do when the demand for oil was non-existent during lockdowns and now with the economy slowly reopening but all these variants keep popping up? You aren't sure whether to drill more or not. Drilling too much means prices may go down if variants causes more deaths. Drilling too little means you run into price increases. Everyone wants to make this all political, but in the end, it's not as simple as it sounds.

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Offline morekaos

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Re: INFLATION IS OUR FRIEND
« Reply #358 on: December 10, 2021, 09:00:25 PM »
Drill baby drill!!

Offline Liar Loan

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Re: INFLATION IS OUR FRIEND
« Reply #359 on: December 13, 2021, 09:48:27 AM »
Uh... supply chain?

Price is the intersection of supply & demand - Econ 101

You are only citing half of the equation. 

Overstimulation of demand is the other half, and the President does have control over stimulus spending, as well as who helms the Fed.

 

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