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oldtimer28
05-19-2021, 06:17 PM
Inflation seems a problem after the last stimulus. So no more stimulus?

How is the economy to recover and grow?

What about the covid response? What's the plan and what should it be?

bladefd
05-19-2021, 08:48 PM
Inflation seems a problem after the last stimulus. So no more stimulus?

How is the economy to recover and grow?

What about the covid response? What's the plan and what should it be?

Current inflation has nothing to do with the stimulus package. Inflation is happening because the economy is opening up quicker than supply can keep up. COVID shutdowns had severely limited production for past year and now just as economy is opening up, demand is ramping up. If demand is greater than supply, inflation is bound to happen as prices on goods rise.

bladefd
05-20-2021, 02:25 AM
the inflation is mostly price gouging though. my prices from distributors keep going up and up because of 'raw material shortages' but they keep fulfilling order sizes without hesitation, it's just an excuse to charge more. and the prices increases are here to stay. they won't magically disappear once supply is more "stable".

if we really had material shortages, there would be issues fulfilling the orders in the first place. i'm sure some industries have legitimate shortages but a shortage means a lack of sufficient supply. if i go and place a big ass order and get it fulfilled without any trouble, i am not convinced there is any material shortage.

Inflation is currently over 4%. That won't last for long.

The demand is currently greater than the supply in multiple industries, especially electronics. Things like microchip shortage won't last for very long imo. Probably in the next few months by the end of the year, it will be rolling again. Supply will once again surpass demand.

I don't know what the feds plan on doing, but don't be surprised if they begin to slowly raising the interest rates

The Hick
12-12-2021, 08:05 PM
Inflation is currently over 4%. That won't last for long.



It's almost 7% now. Any more words of wisdom for us?

AKA_AAP
12-12-2021, 08:11 PM
Inflation is well over 10%, just look at your expense column and receipts then compare it from pre-covid numbers. Shouldn't surprise you that the media is lying about the actual inflation %.

oldtimer28
12-12-2021, 10:50 PM
Inflation is well over 10%, just look at your expense column and receipts then compare it from pre-covid numbers. Shouldn't surprise you that the media is lying about the actual inflation %.

Yes, and it's a scary thought about how people are affected differently.

Even the electric vehicle vegans will start to feel supply chain problems increasing costs and delays.

Axe
12-13-2021, 01:03 AM
It seems sleepy joe is still cleaning up the big mess that the republicans left since january. :(

The Hick
12-13-2021, 01:06 AM
It seems sleepy joe is still cleaning up the big mess that the republicans left since january. :(

The only mess he's cleaning up is that wreck left on his ass after he's peeled off his diaper

bladefd
12-13-2021, 01:25 AM
It's almost 7% now. Any more words of wisdom for us?

Feds were saying they would begin raising interest rates by the end of the year. If they do it as they said, inflation will begin to drop. I don't know when or if they began pulling back a bit, but I recall December being mentioned. I don't know where it's at. I'm surprised too - it's entering worrisome territory if it continues into double digits and further onwards.

I underestimated the microchip shortage and other shortages. Economies have mostly opened up since I made that post in May, but shortages are still rampant. Companies like Intel & Nvidia (and even the bottom of the chains like car manufacturers, cyclicals, others) have massive backlogs that I completely underestimated. I don't know how long it will take for them to fulfill their backlogs.. The 15 months of global shutdowns did a lot more damage than I thought. Companies have to fulfill that backlog before they can even reach orders since the markets opened up a few months ago.

Axe
12-13-2021, 01:47 AM
The only mess he's cleaning up is that wreck left on his ass after he's peeled off his diaper
Seething.

Nanners
12-14-2021, 05:36 PM
https://i.ibb.co/JpNBKc8/FGgh-Sf-XXIAo-Gobv.jpg

BigKobeFan
12-14-2021, 05:39 PM
Inflation is currently over 4%. That won't last for long.

The demand is currently greater than the supply in multiple industries, especially electronics. Things like microchip shortage won't last for very long imo. Probably in the next few months by the end of the year, it will be rolling again. Supply will once again surpass demand.

I don't know what the feds plan on doing, but don't be surprised if they begin to slowly raising the interest rates

wrong again...as usual

BigKobeFan
12-14-2021, 05:40 PM
. The 15 months of global shutdowns did a lot more damage than I thought.


We've noticed already that you never think

Shogon
12-14-2021, 07:35 PM
Current inflation has nothing to do with the stimulus package.


:roll::roll::roll::roll::roll:

BurningHammer
12-14-2021, 11:32 PM
https://i.ibb.co/JpNBKc8/FGgh-Sf-XXIAo-Gobv.jpg

When you can't provide anything smart to a discussion, post memes. :oldlol:

bladefd
12-15-2021, 01:21 AM
We will know tomorrow (technically today since it's 12:10am now) what the Feds are doing. Hearing that they are speeding up increasing interest rates to pop the inflation bubble. They were talking about doing it in June, but it could be in March now. They are also pulling the plug on the $120 billion per month of bond-buying that they began last year.

Watch when that happens. Inflation will reverse quickly, but yes, stock market will go through a pretty big correction. I think the correction already began couple of weeks ago because people are expecting the 0% interest rate to rise. The Federal Reserve director is speaking this afternoon on his decision.

Aap, bigkobefan, nanny, jstern, patty, etc, get ready to shift that playbook from inflation to rising interest rates/stock market correction. I just don't want you guys to fall behind on your hatin'.

Axe
12-15-2021, 02:48 AM
When you can't provide anything smart to a discussion, post memes. :oldlol:
:roll:

Nanners
12-15-2021, 03:52 AM
When you can't provide anything smart to a discussion, post memes. :oldlol:

imagine coming to ISH OTC for smart discussions. :roll:

Did you actually read the thread at all? First you have Blade saying that inflation has nothing to do with money printing (LOL), then Highwey claims that inflation is because of price gouging companies (because apparently companies only started price gouging when Biden took office?), then you have Axe saying that joe is just cleaning up Trumps mess (the classic libtard narrative never gets old does it?)... Ill consider providing something smart to this discussion when someone posts a comment worthy of a smart response. TBH that meme I posted is probably the most intelligent comment in this short bus thread.

bladefd
12-15-2021, 04:22 AM
I was talking specifically about the stimulus checks, which wasn't a big reason for this inflation. I should not have said "nothing" back when I made that post in May because it is somewhat of a reason too, but it actually isn't the biggest reason. Had the three stimulus checks gone out and there was no other issue, we would have been okay with small blip on inflation counter.

Unfortunately, the economy that was shutdown opened up quickly - bulk of the inflation is from that. However, yes, money printing was another big culprit. The feds have been pumping $120 billion per month into buying bonds since like April of last year. I said in another thread months ago that money printing was a big problem exarbating the inflation, and it needed to be braked down. We should have fully slashed the monthly $120 billion pumping months ago over the summer. Feds are finally planning on doing that now to pop the inflation bubble.

bladefd
12-15-2021, 05:01 AM
Here's a breakdown of the cost of the stimulus checks:

Cares act 2020: $610 billion... https://www.crfb.org/blogs/visualization-cares-act

Consolidated appropriations bill: $920 billion... https://www.google.com/amp/s/amp.usatoday.com/amp/4602942001

American rescue plan: $651 billion https://www.naco.org/resources/featured/american-rescue-plan-act-funding-breakdown

They covered a lot of other things in those bills outside of stimulus money, which was why the three bills fluffed up. Altogether, the 3 bills added up to 5.2 trillion. About 2 trillion of that went to the stimulus checks.

Altogether, $13 trillion were printed since early covid to now.. http://www.nasdaq.com/articles/money-printing-and-inflation%253A-covid-cryptocurrencies-and-more%3famp

That makes the stimulus checks account for about 15-16% of the money printed in the time frame. Stimulus checks was not the biggest reason for the inflation as I said. But okay yes, it was somewhat a part of it.

paksat
12-15-2021, 06:50 AM
4% huh? what's next blade? Gas prices have nothing to do with the current administration?

Nanners
12-15-2021, 07:03 AM
4% huh? what's next blade? Gas prices have nothing to do with the current administration?

Blade - "Its not Bidens fault that all the oil companies suddenly decided to start price gouging the moment that Biden took office"

Shogon
12-15-2021, 09:02 AM
Inflation will reverse quickly

Inflation is going to "reverse quickly."

You heard it here first, people. Housing prices are about to plummet nation wide.

:roll:

Shogon
12-15-2021, 09:22 AM
BTW what that dipshit doesn't realize is the US Government can't really afford interest rates to rise in any meaningful way. Sure, they can go up and that will cause a drawdown in the market because people are stupid. But they can't do anything crazy with interest rates, because if they did, they would have to substantially reduce spending otherwise the national debt would turn into an even bigger shit show than it already is.

And before anyone wants to claim that the debt doesn't matter, that's bullshit.

The World Bank released a study saying that a country reaches a tipping point when the debt to gdp ratio approaches or exceeds 77%. Right now the U.S. debt to gdp ratio is around 125%.

Look, I'm not a fortune teller... nobody is. Nobody knows. The people with their hands on the switches don't even know... but I don't see us ever coming back from this in any meaningful way. The public would never support massive reduction in spending. Never. Never never never. People are stupid and that's it.

It's all going to fall apart and people are going to eat each other in the streets. When? I don't ****ing know. The system has more inertia built into it than I previously had an appreciation for. It might be next year, it might be 5 years, it might be 10 years, or 20. Who the **** knows. Not me. But it will come to an end one day. And I would be shocked if I get to be an old man without it happening.

bladefd
12-15-2021, 12:55 PM
Inflation is going to "reverse quickly."

You heard it here first, people. Housing prices are about to plummet nation wide.

:roll:

Yes, there will be multiple 0.25% rate hikes most likely. The estimate is 2-3 hikes in 2022 and a couple more in 2023. When the hike begin, inflation will pop essentially fairly quickly.

I do find it pretty funny that you intentionally took 4 words out of the entire argument to create a strawman argument. You are an idiot.

bladefd
12-15-2021, 01:15 PM
BTW what that dipshit doesn't realize is the US Government can't really afford interest rates to rise in any meaningful way. Sure, they can go up and that will cause a drawdown in the market because people are stupid. But they can't do anything crazy with interest rates, because if they did, they would have to substantially reduce spending otherwise the national debt would turn into an even bigger shit show than it already is.

And before anyone wants to claim that the debt doesn't matter, that's bullshit.

The World Bank released a study saying that a country reaches a tipping point when the debt to gdp ratio approaches or exceeds 77%. Right now the U.S. debt to gdp ratio is around 125%.

Look, I'm not a fortune teller... nobody is. Nobody knows. The people with their hands on the switches don't even know... but I don't see us ever coming back from this in any meaningful way. The public would never support massive reduction in spending. Never. Never never never. People are stupid and that's it.

It's all going to fall apart and people are going to eat each other in the streets. When? I don't ****ing know. The system has more inertia built into it than I previously had an appreciation for. It might be next year, it might be 5 years, it might be 10 years, or 20. Who the **** knows. Not me. But it will come to an end one day. And I would be shocked if I get to be an old man without it happening.

You are basing your numbers (like debt to gdp ratio) to 2020 and 2021 in the 2 years that we have out of the ordinary massive spending hike where we printed $13 trillion. That is certainly not going to continue.

Let's put it into proper perspective. 2019 had debt to gdp ratio of 107%. 2020 was 129%, 2021 has been 125%. I expect 2022 to be getting closer in line with 2019 even if not under 110% debt to gdp ratio. Yes, we have not fully recovered yet so I do expect some heavy bleeding early in the new year. When the fed tapers & eventually pulls the 120$ billion per month of bond-buying, that will be a big one.

I do think we must get back to under 100% debt to gdp ratio sooner or later because even 110 is way too high. I don't know if it's something we can focus on or if the boat has sailed on it. You obviously can't do it overnight but it has to be done over years to slowly pull back and actively fight to bring down the debt, beginning with the deficit. But that would have to be a long-term goal of perhaps a decade, and I'm not too optimistic if we can cut back across multiple administrations.

For the short-term, Powell is speaking soon so we will have some idea of what the feds plan to do and most importantly the timeline, which we may get some signs on. I don't expect them to open the door for us and give specifics like dates, but we will have a better idea later today.

bladefd
12-15-2021, 01:31 PM
4% huh? what's next blade? Gas prices have nothing to do with the current administration?

Do me a favor. Go look at the dates of those posts in the thread. I think you are smart enough to do that, right? Someone is obviously getting a kick out of bumping up threads from more than 6 months ago and trying to get "back" at me. Nanners obviously wasn't intelligent enough to realize that for the 2nd time in a week. Don't be that guy.

BigKobeFan
12-15-2021, 01:59 PM
4% huh? what's next blade? Gas prices have nothing to do with the current administration?

I remember that idiot Jasper said "gas prices have gone down since biden took office" after that point, there's no talking to an idiot like him.

bladefd
12-15-2021, 04:01 PM
Feds just announced the bond-buying program is going to slashed significantly. It will probably end sometime in March if they continue slash at the pace they have been, just like I said earlier today. They also announced that they may raise the interest rates 3 times in 2022 alone, just like I said last night. I suspect they will raise it until the inflation begins to reverse. So they may not need to raise 3 times, but it depends on how fast the inflation responds.

The Hick
12-15-2021, 10:40 PM
Inflation will reverse quickly

See you in April for more sniveling and excuses

https://i.makeagif.com/media/5-21-2017/RXjkJn.gif

The Hick
01-12-2022, 05:18 PM
Inflation up another .3% in December alone. It'll go down. Any day now. Any daaaaaayyyyynnooooooowwwwwwwwwwwwwwwwwwwwwwwwwwwww w

bladefd
01-12-2022, 08:07 PM
You gave until April, right? That's 3 more months away

Axe
01-12-2022, 08:20 PM
Damn, we need facepalm back. :(

The Hick
02-10-2022, 07:26 PM
Inflation is currently over 4%. That won't last for long.


Inflation sets another record. But coming down any day now. Any day now. :rolleyes:

https://www.cnbc.com/2022/02/09/january-consumer-inflation-expected-to-rise-7point2percent-highest-since-1982.html

oldtimer28
02-10-2022, 07:28 PM
Inflation sets another record. But coming down any day now. Any day now. :rolleyes:

https://www.cnbc.com/2022/02/09/january-consumer-inflation-expected-to-rise-7point2percent-highest-since-1982.html

Highest in 40 years but still no apologies from the lost people on here. It cannot be more obvious. These people refuse to question their beliefs.

bladefd
02-10-2022, 11:20 PM
April, you said, to begin falling. Right? Still 2 months away.

Jasper
02-11-2022, 12:59 AM
let's look at the auto industry:

2020-2021 cvd19 affected production on parts...
few cars in car dealerships.... humm
auto industry trying to make cars & trucks and parts are on back order... (high volume as we know)
Those few cars means dealerships are what some people would state (screwing us with high prices)
Based on DEMAND
Fast forward to today - dealerships need cars and trucks ???
More than ever.

head up to the Canadian border were the truckers have stopped all shipping.
' we are marching in regard to cvd19 mandates'

WHO WILL MARCH AGAINST THEM FOR STOPPING PRODUCTION OF OUR NEW VEHICLES ?????????????????

Axe
02-11-2022, 07:55 PM
let's look at the auto industry:

2020-2021 cvd19 affected production on parts...
few cars in car dealerships.... humm
auto industry trying to make cars & trucks and parts are on back order... (high volume as we know)
Those few cars means dealerships are what some people would state (screwing us with high prices)
Based on DEMAND
Fast forward to today - dealerships need cars and trucks ???
More than ever.

head up to the Canadian border were the truckers have stopped all shipping.
' we are marching in regard to cvd19 mandates'

WHO WILL MARCH AGAINST THEM FOR STOPPING PRODUCTION OF OUR NEW VEHICLES ?????????????????
Yet toyota was able to come out on top in the us for the first time in many decades despite those hurdles :rockon:

Jasper
02-11-2022, 08:17 PM
I remember that idiot Jasper said "gas prices have gone down since biden took office" after that point, there's no talking to an idiot like him.

At the time I was traveling from out west back to the midwest and prices were down.
Not like your high price cities of CA and NY...
Please just stay there and spread your shit to your homies

The Hick
03-10-2022, 03:27 PM
Inflation will reverse quickly

https://finance.yahoo.com/news/consumer-price-index-cpi-inflation-february-2022-203614415.html

Inflation up 7.9% over last year's already increasing inflation?

https://media4.giphy.com/media/UnyGF7evFkN04X24tI/giphy.gif?cid=6c09b9527a4d15b5e0565f67f1793c5de465 751efa878822&rid=giphy.gif

Blade and Brandon sittin in a tree K-I-S-S-I-N-G

bladefd
03-10-2022, 03:44 PM
Yeah, it wasn't as quick as I expected. Now we have to add on Ukraine/Russia crisis to the equation. We are still waiting for the interest rate hike, which is coming this month. When I made that post, I did not expect the rate hike to take this long to implement. It's coming though.

AKA_AAP
03-11-2022, 12:12 AM
Inflation seems a problem after the last stimulus. So no more stimulus?

How is the economy to recover and grow?

What about the covid response? What's the plan and what should it be?

I hate to say it, but the economy will recover in 2025 when Mr. Donald Trump is back.

oldtimer28
03-11-2022, 03:33 AM
I hate to say it, but the economy will recover in 2025 when Mr. Donald Trump is back.

but how ? Saddled with debt

BigKobeFan
03-11-2022, 01:17 PM
I hate to say it, but the economy will recover in 2025 when Mr. Donald Trump is back.

Its president trump

JohnnySic
03-11-2022, 08:15 PM
https://pbs.twimg.com/media/FNmvQlmXwAUgZdq?format=jpg&name=small

Axe
03-11-2022, 08:31 PM
I hate to say it, but the economy will recover in 2025 when Mr. Donald Trump is back.
Dream some more lol

The Hick
04-11-2022, 11:34 AM
You gave until April, right? That's 3 more months away

It's April already. And the inflation report is expected to be a whopping 8.5% for last month. It never went down and hasn't even stabilized yet.

Any more words of wisdom Blade? More Covid boosters? Blame Trump? Let's Go Brandon?

https://c.tenor.com/rdgHZ740-pMAAAAS/kesha-timber.gif

Lakers Legend#32
04-11-2022, 02:59 PM
https://pbs.twimg.com/media/FNmvQlmXwAUgZdq?format=jpg&name=small

Season Two of "Covid is a Democratic hoax that will magically disappear.

JohnnySic
04-11-2022, 03:14 PM
Season Two of "Covid is a Democratic hoax that will magically disappear.

Oh, it wont disappear. There's always another election and another need for bogus, ballet harvested mail-in fun-bags.

Off the Court
04-11-2022, 04:22 PM
Oh, it wont disappear. There's always another election and another need for bogus, ballet harvested mail-in fun-bags.

Oh thank God. This is a clear sign it's going to disappear. :oldlol:

oldtimer28
04-11-2022, 06:45 PM
It's April already. And the inflation report is expected to be a whopping 8.5% for last month. It never went down and hasn't even stabilized yet.

Any more words of wisdom Blade? More Covid boosters? Blame Trump? Let's Go Brandon?

https://c.tenor.com/rdgHZ740-pMAAAAS/kesha-timber.gif

If only the media and voters expected responsibility for previous mistakes.

I would not call the extreme left here brainwashed or braindead if they actually stopped defending the indefensible: Biden is likely senile and corrupt. Plus, he has presided over the continued tanking of the U.S and the widening gap between the technocracy and the rest...

bladefd
04-11-2022, 06:52 PM
It's April already. And the inflation report is expected to be a whopping 8.5% for last month. It never went down and hasn't even stabilized yet.

Any more words of wisdom Blade? More Covid boosters? Blame Trump? Let's Go Brandon?

https://c.tenor.com/rdgHZ740-pMAAAAS/kesha-timber.gif

Let's see what the report says. They already raised the interest rate once and will be in April (and subsequent months until the inflation begins to reverse trajectory).

Economics is hard to predict. I don't have a crystal ball to tell me exacts or else I would already be a billionaire from bets that would never be wrong.

AKA_AAP
04-11-2022, 06:58 PM
Let's see what the report says. They already raised the interest rate once and will be in April (and subsequent months until the inflation begins to reverse trajectory).

Economics is hard to predict. I don't have a crystal ball to tell me exacts or else I would already be a billionaire from bets that would never be wrong.

It's easy to predict your economics though. Here: you will always be financially poor, because you are always wrong on everything.

bladefd
04-11-2022, 07:18 PM
It's easy to predict your economics though. Here: you will always be financially poor, because you are always wrong on everything.

Still b!tching about something? Want some cheese with that whine?

Pushxx
04-11-2022, 08:55 PM
inflation comes from higher supply of currency...the federal government has been greatly increasing spending, and the fed is printing money...simple as that

bladefd
04-11-2022, 08:59 PM
Here's an actual economist:


“I think by the summer we’ll probably see the CPI inflation rate peaking and then the consumption deflator is going to peak somewhere between 6 and 7% and then come down to maybe 3 to 4% by the second half of the year going into next year,” Ed Yardeni, president of Yardeni Research told CNBC’s “Closing Bell: Overtime” on Monday.https://www.cnbc.com/2022/04/11/stock-market-futures-open-to-close-news.html

Second half of this year before inflation is brought under control. So we are probably looking at 3-5 more rate hikes before the year ends. Inflation has been on the rise since the 2nd half of 2020, and is not easy to reel in at the snap of the knuckles. It doesn't matter who the president is.

The Hick
04-11-2022, 09:23 PM
inflation comes from higher supply of currency...the federal government has been greatly increasing spending, and the fed is printing money...simple as that


You are WRONG. According to our resident genius bladefd. Trump and Biden printing shit tonz of money for stimulus checks has NOTHING to do with our current inflation.

Axe
04-12-2022, 06:13 AM
Still b!tching about something? Want some cheese with that whine?
:oldlol:

The Hick
04-12-2022, 11:18 AM
Let's see what the report says.

It's 8.5%.

https://i.dailymail.co.uk/1s/2022/04/12/13/56518685-10711311-The_consumer_price_index_increased_8_5_in_March_fr om_a_year_ago_-a-14_1649768373310.jpg

https://i.dailymail.co.uk/1s/2022/04/12/14/56518911-10711311-image-a-16_1649768586350.jpg

https://cdn.shopify.com/s/files/1/2508/6074/products/fedbdcad6f3f222f16e1faed48908f4e_530x@2x.jpg

bladefd
04-12-2022, 01:30 PM
You are WRONG. According to our resident genius bladefd. Trump and Biden printing shit tonz of money for stimulus checks has NOTHING to do with our current inflation.

I actually said the exact opposite. Excessive money printing (too much bond-buying by the US government to pump up the stock market/economy) and shutdowns (leading to supply shortages) were the two biggest causes of inflation.

bladefd
04-12-2022, 01:33 PM
It's 8.5%.

https://i.dailymail.co.uk/1s/2022/04/12/13/56518685-10711311-The_consumer_price_index_increased_8_5_in_March_fr om_a_year_ago_-a-14_1649768373310.jpg

https://i.dailymail.co.uk/1s/2022/04/12/14/56518911-10711311-image-a-16_1649768586350.jpg

https://cdn.shopify.com/s/files/1/2508/6074/products/fedbdcad6f3f222f16e1faed48908f4e_530x@2x.jpg

And you believe that is a cause to celebrate? And you think this would not have happened under Trump? What do you think he would have done differently for this inflation to not happen if he was president?

ZenMaster
04-12-2022, 03:04 PM
And you believe that is a cause to celebrate? And you think this would not have happened under Trump? What do you think he would have done differently for this inflation to not happen if he was president?

When you don't know what to say, accuse the other person of something negative and change the premise of the conversation.

Here were one of your last warnings:


https://youtu.be/zdQy0nwD7Jk

You especially have a good gage on how friendly Trump is with Putin - given that relationship, how likely do you think it is that Trump would have pushed to negotiate with Russia about Ukraine becoming a neutral country?

Lakers Legend#32
04-14-2022, 11:55 PM
Yes inflation is high.

That's why Democrats proposed measures to cut costs, like capping insulin prices and suspending the gas tax and all the aspects of Build Back Better (from child care to lower drug prices).

Republicans blocked all of it.

They wail about problems and offer zero solutions.

The Hick
05-12-2022, 08:02 PM
Current inflation has nothing to do with the stimulus package. Inflation is happening because the economy is opening up quicker than supply can keep up. COVID shutdowns had severely limited production for past year and now just as economy is opening up, demand is ramping up. If demand is greater than supply, inflation is bound to happen as prices on goods rise.


Inflation is currently over 4%. That won't last for long.

The demand is currently greater than the supply in multiple industries, especially electronics. Things like microchip shortage won't last for very long imo. Probably in the next few months by the end of the year, it will be rolling again. Supply will once again surpass demand.

I don't know what the feds plan on doing, but don't be surprised if they begin to slowly raising the interest rates

This guy's a genius. 8.3% in April. Even I didn't think once inflation lapped over a year we'd see increases like this. Cray cray

bladefd
05-12-2022, 08:13 PM
Yeah, it wasn't as quick as I expected. Now we have to add on Ukraine/Russia crisis to the equation. We are still waiting for the interest rate hike, which is coming this month. When I made that post, I did not expect the rate hike to take this long to implement. It's coming though.

A 3rd rate hike is happening once again this month. Get your moans and cries in as long as you can because it will start to bring down inflation sooner or later.

The Hick
05-12-2022, 08:33 PM
it will start to bring down inflation sooner or later.

The wisdom oozes out of this one

https://i.imgflip.com/4h5nyg.jpg

SATAN
05-12-2022, 08:52 PM
There's something else going on that you guys seem unaware of.

bladefd
05-13-2022, 11:20 PM
US deficit returning to pre-COVID levels. Let's hope it can return to 2016 levels once the feds slash the balance sheet.

https://i.redd.it/0084trf4i8z81.jpg

oldtimer28
05-16-2022, 03:42 AM
The wisdom oozes out of this one

https://i.imgflip.com/4h5nyg.jpg

Whilst making themselves the richest corpses in the cemetery. They really both look obnoxious.

The Hick
06-18-2022, 01:54 PM
Inflation will reverse quickly, but yes, stock market will go through a pretty big correction. I think the correction already began couple of weeks ago because people are expecting the 0% interest rate to rise. The Federal Reserve director is speaking this afternoon on his decision.

Aap, bigkobefan, nanny, jstern, patty, etc, get ready to shift that playbook from inflation to rising interest rates/stock market correction. I just don't want you guys to fall behind on your hatin'.

Get ready guys! Any day now. Any day now he'll be vindicated

AKA_AAP
06-26-2022, 10:37 AM
You gave until April, right? That's 3 more months away

It's almost July and the REAL inflation number is around 40%. :facepalm

oldtimer28
06-27-2022, 05:02 AM
It's almost July and the REAL inflation number is around 40%. :facepalm

Yes, these small minded people like Bladefail just forget or spin the hell that Biden and cronies are causing.

Would be fascinating to compare Biden v Trump media time. On screen and in articles.

Biden gets so many free passes.

Axe
06-27-2022, 09:12 AM
It's almost July and the REAL inflation number is around 40%. :facepalm
Hemorrhage.

Shogon
06-27-2022, 12:25 PM
Inflation will "reverse quickly" and "not caused by the stimulus."

Your local ISH genius economist, ladies and gentlemen.

Hey... how about you learn to take a clue when to shut the **** up because you're spreading misinformation and you haven't the slightest clue about any of this, you ****ing child. How's that sound?

This dipshit doesn't even know what the stimulus packages that started in the first half of 2020 actually were. It seems like he thinks they were just checks to taxpayers. What a ****ing moron just completely talking out of his ass.

Shut the **** up *****. Stop misleading people. You aren't educated. You're just regurgitating talking points. Shut. the. ****. up. about. economics.

bladefd
06-27-2022, 01:54 PM
Inflation will "reverse quickly" and "not caused by the stimulus."

Your local ISH genius economist, ladies and gentlemen.

Hey... how about you learn to take a clue when to shut the **** up because you're spreading misinformation and you haven't the slightest clue about any of this, you ****ing child. How's that sound?

This dipshit doesn't even know what the stimulus packages that started in the first half of 2020 actually were. It seems like he thinks they were just checks to taxpayers. What a ****ing moron just completely talking out of his ass.

Shut the **** up *****. Stop misleading people. You aren't educated. You're just regurgitating talking points. Shut. the. ****. up. about. economics.

Are you talking to me, child?

The Hick
06-27-2022, 03:56 PM
Inflation will "reverse quickly" and "not caused by the stimulus."

Your local ISH genius economist, ladies and gentlemen.

Hey... how about you learn to take a clue when to shut the **** up because you're spreading misinformation and you haven't the slightest clue about any of this, you ****ing child. How's that sound?

This dipshit doesn't even know what the stimulus packages that started in the first half of 2020 actually were. It seems like he thinks they were just checks to taxpayers. What a ****ing moron just completely talking out of his ass.

Shut the **** up *****. Stop misleading people. You aren't educated. You're just regurgitating talking points. Shut. the. ****. up. about. economics.

Poor Blade :roll:

https://j.gifs.com/48ZEE0.gif

Off the Court
06-27-2022, 04:25 PM
California is giving it's citizens $1050 in "Inflation Relief". Only citizens making $75,000 or less or $150,000 joint.

Wealthy get no relief.

It's a simple tax rebate too, no "money printing".

Would be nice to see something like this on a national level, the problem is that Cali can pull it off better because all their state taxes come from the extreme wealthy.

Shogon
06-27-2022, 04:57 PM
California is giving it's citizens $1050 in "Inflation Relief". Only citizens making $75,000 or less or $150,000 joint.

Wealthy get no relief.

It's a simple tax rebate too, no "money printing".

Would be nice to see something like this on a national level, the problem is that Cali can pull it off better because all their state taxes come from the extreme wealthy.

Bullshit. Not on your part, but on them claiming it as "no money printing."

Just because they shift the numbers on a spreadsheet around doesn't mean jack shit, it's literally coming from money printing.

California is broke af just like the US and their debt continues to increase, just like the US. Debt goes up with no backing? That is literally money printing.

Shogon
06-27-2022, 05:00 PM
https://www.usdebtclock.org/state-debt-clocks/state-of-california-debt-clock.html

California's debt exceeds half a trillion and while they generate a metric ****ton of income, they are still spending more than they are bringing in. That is inflation. Just because the money isn't being physically printed doesn't mean the effect isn't the exact same, because it is.

FultzNationRISE
06-27-2022, 05:51 PM
^ Why are you arguing with bladefd and off the court bro :lol


You should join me here (Patreon.com/tofp) to discuss how to live our best lives in the years ahead.

Cleverness
06-28-2022, 01:13 AM
California is giving it's citizens $1050 in "Inflation Relief". Only citizens making $75,000 or less or $150,000 joint.

For clarity,

Single taxpayers who earn < $75k/yr will receive $350


Single people who earn between $125,000 and $250,000 and couples who earn between $250,000 and $500,000 annually would receive $200 each, plus the same amount for their dependents.

https://www.cbsnews.com/news/stimulus-check-california-inflation-relief-payments-23-million-up-to-1050/

Cleverness
06-28-2022, 01:15 AM
Using CDC's latest estimated Covid-19 burden data (https://www.cdc.gov/coronavirus/2019-ncov/cases-updates/burden.html), we're currently at a cumulative total of 348,000,000 Covid infections in the US so far.

Cumulatively, no known infections prevented by masks, social distancing, travel bans, and vaccine mandates.

oldtimer28
06-28-2022, 05:06 AM
Using CDC's latest estimated Covid-19 burden data (https://www.cdc.gov/coronavirus/2019-ncov/cases-updates/burden.html), we're currently at a cumulative total of 348,000,000 Covid infections in the US so far.

Cumulatively, no known infections prevented by masks, social distancing, travel bans, and vaccine mandates.

What's the attitude and mood there?

E.g. Australia is insane. Cases and deaths have significant ly increased since the no jab, no job policies basically mean 95% plus of the population took the experimental and potentially deadly v.

Deaths generally are 21% higher year on year and flu cases are sky-rocketing but people still don't question the V or masks.

Mass hypnosis.

Off the Court
06-28-2022, 12:03 PM
Bullshit. Not on your part, but on them claiming it as "no money printing."

Just because they shift the numbers on a spreadsheet around doesn't mean jack shit, it's literally coming from money printing.

California is broke af just like the US and their debt continues to increase, just like the US. Debt goes up with no backing? That is literally money printing.

It's tax rebate. The lower income individuals in Cali will have to pay $350 less on their taxes. With an additional $350 per child.

No new money is created or added to circulation. If the $350 was paid then Cali would just spend it on something else.

Meanwhile the high income people, which Cali has many of, get no rebate.


Ideally this is how all stimulus should work, but probably not realistic on a national level.

Shogon
06-28-2022, 12:46 PM
No new money is created or added to circulation. If the $350 was paid then Cali would just spend it on something else.

Let me clue you in on something... California's debt is ever increasing... they are always adding to inflation.

That is the same thing as printing money. That is inflation. New money is being created and entering into circulation, it's not just as quick as literally injecting it into someone's account out of thin air.

It's much more insidious and a much slower play over time of devaluing the dollar, but that it what is happening nonetheless. They are creating money out of thin air by issuing new debt out of thin air. It's the same thing.

They might be shifting the numbers on the spreadsheet and playing games with accounting, but they were essentially printing money out of thin air regardless of whether or not they sent out these stimulus checks. It's just a continuation of the process they are already following and pretending that it's not, even though it is.

And people like you apparently believe them, even after people like me explain it to you.

So if they give tax rebates without reducing spending, they are running an increased deficit... and an increased deficit is increased debt... increased debt from thin air is money printing. It is inflation. That is what they are doing.

If you don't understand that, I'm sorry, that's not my problem. I tried.

diamenz
06-28-2022, 12:56 PM
Using CDC's latest estimated Covid-19 burden data (https://www.cdc.gov/coronavirus/2019-ncov/cases-updates/burden.html), we're currently at a cumulative total of 348,000,000 Covid infections in the US so far.

Cumulatively, no known infections prevented by masks, social distancing, travel bans, and vaccine mandates.

at this point, i think everyone here in the us has been infected aside from cautious seniors and liberal basement dwellers. cases are being counted just for the hell of it now - it's meaningless.

Off the Court
06-28-2022, 02:19 PM
Let me clue you in on something... California's debt is ever increasing... they are always adding to inflation.

That is the same thing as printing money. That is inflation. New money is being created and entering into circulation, it's not just as quick as literally injecting it into someone's account out of thin air.

It's much more insidious and a much slower play over time of devaluing the dollar, but that it what is happening nonetheless. They are creating money out of thin air by issuing new debt out of thin air. It's the same thing.

They might be shifting the numbers on the spreadsheet and playing games with accounting, but they were essentially printing money out of thin air regardless of whether or not they sent out these stimulus checks. It's just a continuation of the process they are already following and pretending that it's not, even though it is.

And people like you apparently believe them, even after people like me explain it to you.

So if they give tax rebates without reducing spending, they are running an increased deficit... and an increased deficit is increased debt... increased debt from thin air is money printing. It is inflation. That is what they are doing.

If you don't understand that, I'm sorry, that's not my problem. I tried.

California budget: Big surplus, big differences (https://calmatters.org/politics/2022/06/california-budget-surplus-differences/)


Newsom and the Democratic-controlled Legislature share general values for state spending and their budget proposals have broadly similar frameworks. But with an unprecedented amount of money at their disposal — unexpectedly strong recovery from the coronavirus pandemic, especially among the wealthiest Californians, has produced a discretionary surplus of almost $49 billion, state officials estimate — they have yet to agree on many of the details.

California has a $49B surplus

Aside from that

Here are the top 5 states in tax revenue in 2021:

https://www.statista.com/statistics/248932/us-state-government-tax-revenue-by-state/

1. California $248B
2. New York $93B
3. Texas $65B
4. Illinois $55B
5. Pennsylvania $49B

Do you know why California rakes in more tax dollars than the next 4 states combined? Because they bring in a "metric shit ton" like you said. Highest GDP in the country by a long shot.

It makes sense that a state with the highest GDP also operates on the most debt. Wouldn't you say?

Off the Court
06-28-2022, 02:22 PM
And all that is beside the point.

Point is, giving the middle class a tax cut is much different than printing up new dollars and writing them a check.

You can spin that to be the same thing if you want, but it isn't the same thing at all.

AKA_AAP
06-28-2022, 05:27 PM
Low IQ posts as usual by LowIQoffthecourt. He doesn't even know USD are just numbers on a computer screen. :lol LowIQoffthecourt, tax cuts are not on the income side of the spreadsheet in California you msnbc puppet. You're wrong on every opinion you have in this thread, and every other thread. Just like alwaysWrongBladefd.

You two NPC's need to get a good paying job, or two, or three, or become an entrepreneur. Stop posting on ISH until you move to California and make at least a couple million dollars here. Then you can log back in, and you two will actually stop with all these radical left talking points and sound smarter. Your life will be better, and you'll actually understand how the world works.

AKA_AAP
06-28-2022, 05:38 PM
Poor Blade :roll:

https://j.gifs.com/48ZEE0.gif

The only reason I log onto ISH is to read the radical left talking points of AlwaysWrongBladefd, LowIQoffthecourt, FascistRRR3, RacistJasper, and OMG_MorbidlyObeseAxe. Instead of asking themselves why they are poor IRL, and why they can't financially help anyone in their little IRL echo chamber circle, they constantly post msnbc talking points. They are getting blown out in the scoreboard of life; they want to escape reality, the reality they will never figure out. They log into their msnbc and cnn+ accounts, but never open up a finance book or books that will lead them to the path of becoming a multi-millionaire. Their idiocy makes me quite smitten actually, it's entertaining as ****.

Off the Court
06-28-2022, 05:46 PM
https://meme.museum/_images/1a0a0d8b01b3da2a6c7633c73c578831/8618%20-%20blender%20brainlet%20dumb%20keyboard%20textless %20wojak.jpg

"You people on internet need to job and work! You not be billionaire like me! I so rich and you not! I don't know what you say but you wrong! You pay rent in mom basement!"

LIQ_AAP :oldlol:

AKA_AAP
06-28-2022, 05:58 PM
I'm not a billionaire. And don't group yourself with everyone else on the internet. Not everyone is a radicalize leftist online. Just saying, look at your IRL situation. You're poor, mentally and financially. You have never hired anyone and paid them a "living wage". You can't help anyone in your little echo chamber of an inner circle IRL. You have the wrong network of people. That's why all you do is post radical left wing talking points here. You're a sucker and a loser.

Off the Court
06-28-2022, 06:15 PM
I'm not a billionaire. And don't group yourself with everyone else on the internet. Not everyone is a radicalize leftist online. Just saying, look at your IRL situation. You're poor, mentally and financially. You have never hired anyone and paid them a "living wage". You can't help anyone in your little echo chamber of an inner circle IRL. You have the wrong network of people. That's why all you do is post radical left wing talking points here. You're a sucker and a loser.
You don't know where I've been and you don't know where I'm at.

We both know that's the reality here and the only reason to pretend otherwise is because you're incapable of real input because you're too dumb. So you default to "You're unemployed!"



Here is some more unfortunate reality for you. Financial standing doesn't equate to wisdom. Not that I think you have money, but since you're pretending thought I'd let you know before you get your life lessons from Kylie Jenner.

AKA_AAP
06-28-2022, 06:18 PM
You don't know where I've been and you don't know where I'm at.

We both know that's the reality here and the only reason to pretend otherwise is because you're incapable of real input because you're too dumb. So you default to "You're unemployed!"



Here is some more unfortunate reality for you. Financial standing doesn't equate to wisdom. Not that I think you have money, but since you're pretending thought I'd let you know before you get your life lessons from Kylie Jenner.

You have all the radicalized left wing talking points. 100% you've never been anywhere in life. I'd say show me your tax returns, but you are claimed as a 45 year old dependent. :lol

Patrick Chewing
06-28-2022, 06:26 PM
https://meme.museum/_images/1a0a0d8b01b3da2a6c7633c73c578831/8618%20-%20blender%20brainlet%20dumb%20keyboard%20textless %20wojak.jpg



This is how I picture you and blade in real life.

Axe
06-28-2022, 06:27 PM
:cry:
Troll bot melting down again as usual.

Shogon
06-29-2022, 07:39 AM
California budget: Big surplus, big differences (https://calmatters.org/politics/2022/06/california-budget-surplus-differences/)


California has a $49B surplus

Aside from that

Here are the top 5 states in tax revenue in 2021:

https://www.statista.com/statistics/248932/us-state-government-tax-revenue-by-state/

1. California $248B
2. New York $93B
3. Texas $65B
4. Illinois $55B
5. Pennsylvania $49B

Do you know why California rakes in more tax dollars than the next 4 states combined? Because they bring in a "metric shit ton" like you said. Highest GDP in the country by a long shot.

It makes sense that a state with the highest GDP also operates on the most debt. Wouldn't you say?


Ok, so I just want you to know that you are factually misleading people and nothing is going to change your mind, clearly, because you're just arguing from a belief standpoint rather than a rational and objective one. I literally just laid it out for you.

But here you go, straight from their website...

https://lao.ca.gov/Budget?year=2021&subjectArea=outlook

Read the PDF report, straight from the horse's mouth. They are facing a deficit for the rest of the year and going forward. Plus they are in a massive amount of debt, so a temporary surplus doesn't mean jack shit, lol.

Additionally, **** all of that.

Here it is... black and white, slow down, think about it, respond once you've processed it and not just being an emotional prick about it. I am not spinning anything. It's being spun to you by the big banks and the government, not by me, and you don't even know it.

Giving tax money back when you're facing deficits = increased deficit = increased debt. What this means is that you are creating money out of thin air. Because they're borrowing the money from somewhere. Debt can't be ever increasing nation wide without money printing, obviously. That is exactly how the system works. What exactly do you not understand about that? That's just math. To deny this is to deny objective truth. It's not an opinion, it's a fact.

Just because you're giving people their money back doesn't mean you don't have to account for the state's spending. Otherwise, by your very own logic and reasoning, we could just give everyone their money back and run infinite deficits and it wouldn't be money printing because according to you increased debt != inflation.


BTW, for what it's worth... California is #6 in the nation in GOVERNMENT debt per person at a whopping $12,823.

That. is. inflation.

What. don't. you. get. about. it?

Stop. spreading. misinformation.

You. don't. know. what. you're. talking. about.

You. are. miseducating. people.

Stop.

BigKobeFan
06-29-2022, 10:38 AM
Ok, so I just want you to know that you are factually misleading people and nothing is going to change your mind, clearly, because you're just arguing from a belief standpoint rather than a rational and objective one. I literally just laid it out for you.

But here you go, straight from their website...

https://lao.ca.gov/Budget?year=2021&subjectArea=outlook

Read the PDF report, straight from the horse's mouth. They are facing a deficit for the rest of the year and going forward. Plus they are in a massive amount of debt, so a temporary surplus doesn't mean jack shit, lol.

Additionally, **** all of that.

Here it is... black and white, slow down, think about it, respond once you've processed it and not just being an emotional prick about it. I am not spinning anything. It's being spun to you by the big banks and the government, not by me, and you don't even know it.

Giving tax money back when you're facing deficits = increased deficit = increased debt. What this means is that you are creating money out of thin air. Because they're borrowing the money from somewhere. Debt can't be ever increasing nation wide without money printing, obviously. That is exactly how the system works. What exactly do you not understand about that? That's just math. To deny this is to deny objective truth. It's not an opinion, it's a fact.

Just because you're giving people their money back doesn't mean you don't have to account for the state's spending. Otherwise, by your very own logic and reasoning, we could just give everyone their money back and run infinite deficits and it wouldn't be money printing because according to you increased debt != inflation.


BTW, for what it's worth... California is #6 in the nation in GOVERNMENT debt per person at a whopping $12,823.

That. is. inflation.

What. don't. you. get. about. it?

Stop. spreading. misinformation.

You. don't. know. what. you're. talking. about.

You. are. miseducating. people.

Stop.:applause:

Off the Court
06-29-2022, 10:58 AM
Here it is... black and white, slow down, think about it, respond once you've processed it and not just being an emotional prick about it.

Okay I have done this. I have. Now its your turn to do the same for me. Inflation can be complex but we will keep it as simple as possible.

The money is already there and at that point it is too late. Let's look at the different scenarios for the $350 rebate.

A. The Gov allows the individual to keep their $350 rather than give it to them. The individual can then spend it or save it. The money remains in circulation.

B. The Gov takes the $350 in tax revenue. The Gov then spends that $350 on another project. The money remains in circulation.

C. The Gov takes the $350 and uses it to pay off "debt". The lender now lends that $350 to someone else. The money remains in circulation.


The only way to remove what is already there would be if the individual or Gov took the $350 and destroyed it.



All of this is much different than the Gov simply flooding the population with new money that no one earned to be taxed and is more or less just free money being dumped on their heads.


I don't think you have a decent grasp on how debt works either. But let's just simplify the f@#k out of things. Apple is one of the most profitable companies on the planet and they are currently sitting on nearly $300B in debt. This $300B would engulf and destroy a small business, but to Apple it is very manageable. This same concept works for California. They have a debt that would destroy lesser states but since they have an enormous GDP their debt is manageable.

Shogon
06-29-2022, 11:09 AM
Okay I have done this. I have. Now its your turn to do the same for me. Inflation can be complex but we will keep it as simple as possible.

The money is already there and at that point it is too late. Let's look at the different scenarios for the $350 rebate.

A. The Gov allows the individual to keep their $350 rather than give it to them. The individual can then spend it or save it. The money remains in circulation.

B. The Gov takes the $350 in tax revenue. The Gov then spends that $350 on another project. The money remains in circulation.

C. The Gov takes the $350 and uses it to pay off "debt". The lender now lends that $350 to someone else. The money remains in circulation.


A - The currency remains in circulation, correct, but now you have an increased shortfall on your budget. Inflation.

B - Not inflation if budgets are met and no additional loans are required.

C - No, in this case, the currency(on a computer anyways) is "destroyed." There are no reserve requirements at a bank. But the value of the asset that was purchased remains or the services used for the loan remains in circulation. Either way, it ends up being inflation because of new debt that was printed out of thin air that was never backed by anything.

The problem is the currency never really gets paid back to the fed once the debt is issued in the first place because the entire system is fraudulent and led by opportunistic or ignorant politicians that are taking advantage of the ignorant and or self serving public, as the debt is always increasing.

The currency was created out of thin air with the issuance of the loan. It was not backed. The currency issued from the loan came out of thin air. Regular banks do this all the time. In most cases their reserve requirements nowadays are ****ing ZERO.

Then there's the fact that if the loans were used to buy assets such as housing, for instance, the assets remain and as such, all of the value from it has been essentially printed and will remain in circulation forever. And if they were used to buy services, the people that provided those services have the currency, and as such, there is the inflation as well.

We literally live in a global pyramid scheme financial system.



The only way to remove what is already there would be if the individual or Gov took the $350 and destroyed it.

Once it gets paid back to the fed, which is almost always the base of all of it, it is "destroyed" but it never really gets paid back to the fed or original issuer because the debt continues to increase. And again, the services and assets remain.



All of this is much different than the Gov simply flooding the population with new money that no one earned to be taxed and is more or less just free money being dumped on their heads.

You need to go back and re-read my posts. It's not "much different." It's actually the exact same thing if it's not getting paid back to the fed, which it clearly isn't, as the debt is always increasing both on state and federal levels. It's NOT much different. It's just much much slower this way than flooding the system with cash.

Go back to where I said the slow grind is much more insidious, because that's exactly what it is. Stealing from people so slowly they hardly notice, rather than rapidly doing it to keep the fraudulent system intact, which is what happened starting in 2020.


I don't think you have a decent grasp on how debt works either. But let's just simplify the f@#k out of things. Apple is one of the most profitable companies on the planet and they are currently sitting on nearly $300B in debt. This $300B would engulf and destroy a small business, but to Apple it is very manageable. This same concept works for California. They have a debt that would destroy lesser states but since they have an enormous GDP their debt is manageable.

I have a better grasp of it than you, clearly. Yes, the richest people on the planet utilize debt to become even richer, what's your point?

The whole point is California is contributing to inflation by doing this move. It's a lot slower than the stimulus packages passed at the federal level within the past few years, but it is still inflation as a result of increasing levels of debt, which was always my point.

You originally posted that it wasn't "money printing" but it is though, that's the thing. It's just much slower and much more deceptive.



I will say this though... a lot of new currency(on computers) is created into the system by regular individual banks now, and not just the fed. Especially as reserve requirements have vanished and these banks can just straight up issue loans that aren't backed by anything. They're just entering numbers into a computer and creating currency out of thin air. That is inflation. There is no way around it. They are creating currency.


edited several times to try to clear up my garbo

The Hick
07-13-2022, 11:17 AM
Inflation is currently over 4%. That won't last for long.



https://finance.yahoo.com/amphtml/news/june-cpi-preview-inflation-likely-surged-to-new-40-year-high-last-month-215233961.html


U.S. consumer prices in June accelerated at the fastest annual pace since November 1981.

The Bureau of Labor Statistics' Consumer Price Index (CPI) reflected a year-over-year increase of 9.1% last month, up from the prior 40-year high of 8.6% in May. Economists were expecting June's reading to show an 8.8% increase, according to estimates compiled by Bloomberg.



Inflation breaks another record. And it's lapping last year's already surging inflation rates. The US is well over 1% higher than both Canada and Mexico. Aren't we supposed to be leading by example? Biden and Blade say inflation isn't a problem for Americans though so I guess everything is A-OK.

theman93
07-13-2022, 11:37 AM
https://finance.yahoo.com/amphtml/news/june-cpi-preview-inflation-likely-surged-to-new-40-year-high-last-month-215233961.html




Inflation breaks another record. And it's lapping last year's already surging inflation rates. The US is well over 1% higher than both Canada and Mexico. Aren't we supposed to be leading by example? Biden and Blade say inflation isn't a problem for Americans though so I guess everything is A-OK.

hahaha :roll:

Man that blade guy is something

oldtimer28
07-13-2022, 05:37 PM
https://finance.yahoo.com/amphtml/news/june-cpi-preview-inflation-likely-surged-to-new-40-year-high-last-month-215233961.html




Inflation breaks another record. And it's lapping last year's already surging inflation rates. The US is well over 1% higher than both Canada and Mexico. Aren't we supposed to be leading by example? Biden and Blade say inflation isn't a problem for Americans though so I guess everything is A-OK.

Great post. Bladefail should apologise to all but so should other leftist extremists. They were warned but believed their own story to the detriment of all.

Axe
07-13-2022, 09:12 PM
https://meme.museum/_images/1a0a0d8b01b3da2a6c7633c73c578831/8618%20-%20blender%20brainlet%20dumb%20keyboard%20textless %20wojak.jpg

"You people on internet need to job and work! You not be billionaire like me! I so rich and you not! I don't know what you say but you wrong! You pay rent in mom basement!"

LIQ_AAP :oldlol:
:roll:

Nanners
07-16-2022, 12:10 PM
https://youtu.be/0qgzD0r94IA

The Hick
08-10-2022, 02:55 PM
Inflation is currently over 4%. That won't last for long.


Bladefd is finally vindicated. Inflation is now at 0%!

Wait what's that you say? You mean zero percent over last month? Not compared to last year? It's really at 8.5%? But Biden just told us it was 0%. I need to learn to speak Bidenomics. Bladefd your the expert on this language. How does one go about speaking it so fluently?

Patrick Chewing
08-10-2022, 03:12 PM
Inflation is currently over 4%. That won't last for long.

The demand is currently greater than the supply in multiple industries, especially electronics. Things like microchip shortage won't last for very long imo. Probably in the next few months by the end of the year, it will be rolling again. Supply will once again surpass demand.

I don't know what the feds plan on doing, but don't be surprised if they begin to slowly raising the interest rates

:roll::roll::roll:


This post surely aged well. :oldlol:

Axe
08-10-2022, 04:06 PM
Getting chewing a hog dewormer.

bladefd
08-10-2022, 04:13 PM
Inflation is breaking now, clowns. Seems we are at peak. Took a few rate increases. I was wrong about my initial timescale prediction, but we were waiting for rate increases. Several rate increases was what we needed and it would begin breaking by the end of the year. Feds waited too long for rate increases.

I correctly predicted the Feds would start raising interest rates, but not my problem they waited so long to actually do it. By the end of this year, I expect inflation to be on the way down.

Patrick Chewing
08-10-2022, 04:46 PM
Inflation is breaking now, clowns. Seems we are at peak. Took a few rate increases. I was wrong about my initial timescale prediction, but we were waiting for rate increases. Several rate increases was what we needed and it would begin breaking by the end of the year. Feds waited too long for rate increases.

I correctly predicted the Feds would start raising interest rates, but not my problem they waited so long to actually do it. By the end of this year, I expect inflation to be on the way down.

You were DEAD wrong as usual. A year later and inflation more than doubled. :oldlol:

oldtimer28
08-11-2022, 07:43 AM
:roll::roll::roll:


This post surely aged well. :oldlol:

Ha - age and the extreme left are a strange tandem. Pelosi and Biden are geriatrics. No wonder some demented people revere them...

Jasper
05-16-2023, 10:31 AM
A friend who is very right wing , living in the woods just informed me last year he had covid and was in the hospital.

The idea he had was his family is immune to those city things , no need for a mask ...

ok ... must of traveled thru the woods..

ZenMaster
05-18-2023, 09:16 AM
What are the positive signs? That Biden will lose in 2024? That won't be enough now...

Don't engage with posts on here where someone out of nowhere links to a company with a vague general description of you to go there, you are just waisting your time.
The post isn't genuine, but instead made to get the company in question higher up on google rankings, by someone posting the links here and on other forums around the web. Maybe the site owner here gets paid a little to let these in from time to time and letting them exist without removal.

Axe
05-18-2023, 06:31 PM
@Cleverness

oldtimer28
05-19-2023, 04:16 AM
Don't engage with posts on here where someone out of nowhere links to a company with a vague general description of you to go there, you are just waisting your time.
The post isn't genuine, but instead made to get the company in question higher up on google rankings, by someone posting the links here and on other forums around the web. Maybe the site owner here gets paid a little to let these in from time to time and letting them exist without removal.

Thanks. So a bot?

Wonder if the left trolls here are braindead bots? Would explain why they cannot admit they are wrong.

Nanners
05-19-2023, 06:57 AM
Thanks. So a bot?

Wonder if the left trolls here are braindead bots? Would explain why they cannot admit they are wrong.

Not to say this place isnt being run by bots, but to be fair when have trolls or anyone else ever admitted to being wrong on any message board?

JohnnySic
05-24-2023, 08:18 PM
Is it election season already? :lol

https://pbs.twimg.com/media/Fw7TZYcWAAE8nDc?format=jpg&name=small

oldtimer28
05-25-2023, 12:44 AM
Is it election season already? :lol

https://pbs.twimg.com/media/Fw7TZYcWAAE8nDc?format=jpg&name=small

I believe the disease is called 'being woke' sigh.........

P.S WHO are compromised.