INFLATION IS OUR FRIEND
- Thread starter morekaos
- Start date
morekaos
Well-known member
morekaos said:
Why is moron boy already quietly taping the strategic oil reserve (according to Bloomberg) but sending it to...China?!!!!
U.S. Is Already Exporting Oil From Strategic Reserve at Record Pace
(Bloomberg) -- If the Biden Administration decides to tap U.S. emergency crude reserves to push down domestic energy prices, it may not help all that much. The supplies may just be exported away like last month.
About 1.6 million barrels of crude from the U.S. Strategic Petroleum Reserve -- a monthly record -- was shipped out in October, according to data from market intelligence firm Kpler. Three cargoes were loaded onto a supertanker in the U.S. Gulf Coast and are headed to Asia.
?Given the ongoing pace of the current SPR release -- 12 million barrels in the last two months and the biggest weekly release so far last week at 3.1 million barrels -- it?s fair to assume more SPR barrels are going to leave U.S. shores in the weeks ahead,? said Matt Smith, an oil analyst at Kpler.
The White House has been mulling a range of options to ease soaring pump prices and Democrats are pressing for a potential ban on oil exports as well as the release of crude from the nation?s strategic reserves.
?2021 Bloomberg L.P.
https://www.bnnbloomberg.ca/u-s-is-already-exporting-oil-from-strategic-reserve-at-record-pace-1.1680148
morekaos
Well-known member
Awesome!! It?s dollar and a quarter tree now! So 99 cent store will soon be 125 cent store?.Just rolls off the tongue, huh?
Dollar Tree hikes prices 25%. Most items will cost $1.25
The company ? one of America's last remaining true dollar stores ? said Tuesday it will raise prices from $1 to $1.25 on the majority of its products by the first quarter of 2022. The change is a sign of the pressures low-cost retailers face holding down prices during a period of rising inflation.
Dollar Tree (DLTR) said in a quarterly earnings release Tuesday that its decision to raise prices to $1.25 permanently, however, was "not a reaction to short-term or transitory market conditions."
https://www.cnn.com/2021/11/23/investing/dollar-tree-prices-inflation/index.html?utm_source=fbCNN&utm_term=link&utm_medium=social&utm_content=2021-11-23T16%3A00%3A26&fbclid=IwAR05wlqmlG7kLYL6NuER6f2oYKVaLAS9aR-JGq1XAISXnO-ILAc0AXkEvuM
Dollar Tree hikes prices 25%. Most items will cost $1.25
The company ? one of America's last remaining true dollar stores ? said Tuesday it will raise prices from $1 to $1.25 on the majority of its products by the first quarter of 2022. The change is a sign of the pressures low-cost retailers face holding down prices during a period of rising inflation.
Dollar Tree (DLTR) said in a quarterly earnings release Tuesday that its decision to raise prices to $1.25 permanently, however, was "not a reaction to short-term or transitory market conditions."
https://www.cnn.com/2021/11/23/investing/dollar-tree-prices-inflation/index.html?utm_source=fbCNN&utm_term=link&utm_medium=social&utm_content=2021-11-23T16%3A00%3A26&fbclid=IwAR05wlqmlG7kLYL6NuER6f2oYKVaLAS9aR-JGq1XAISXnO-ILAc0AXkEvuM
morekaos
Well-known member
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!!
https://youtu.be/H1omzqiOYt0
https://youtu.be/H1omzqiOYt0
morekaos
Well-known member
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
https://youtu.be/NuAKnbIr6TE
'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
https://youtu.be/NuAKnbIr6TE
morekaos
Well-known member
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/ar...s-highest-level-40-YEARS-prices-jump-6-8.html
https://youtu.be/T1sBx2DWdeU
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/ar...s-highest-level-40-YEARS-prices-jump-6-8.html
https://youtu.be/T1sBx2DWdeU
irvinehomeowner
Well-known member
Uh... supply chain?
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.
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.
CalBears96
Well-known member
fatduck said:
Far right wing "logic".
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.
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.
CalBears96 said:
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/en...orities-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/plan...step-with-the-american-public-on-climate/amp/
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/en...orities-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/plan...step-with-the-american-public-on-climate/amp/
akula1488 said:
CalBears96
Well-known member
Trumper is so extremely far right that he thinks everything is far left. Funny thing is he calls himself a "moderate." LMAO
sleepy5136
Well-known member
what the f.....?akula1488 said:
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.