Tucker says inflation not an accident

[ArbitraryWater]

https://www.youtube.com/watch?v=zjz-R5MLfEw



Based


The only ones doing true journalism out there

[Lakers Legend#32]

Well hell, whatever this white supremacist's says.

[Shogon]

Politicians print money because the public is stupid and beyond even that... made purposefully ignorant. It's amazing how little economics is taught in high school and how little the subject of supply and demand is actually discussed. As far as our Earthly existence goes, money is right up there at the tip top of important subjects to discuss and yet... nothing.

How many of you were talking about those stimulus checks a year ago(granted a drop in the bucket compared to overall spending)? How many of you were talking about the absurd government spending a year ago? How many of you were worried about inflation a year ago?

Life isn't fair. The government does not have control over the laws of nature although a ton of you on the left and right all think that it does. It doesn't.

There is no amount of government that will ever make life fair. No amount.

Politicians do not care about you. Their political affiliation does not matter.

Buy Bitcoin.

[bladefd]

Politicians print money because the public is stupid and beyond even that... made purposefully ignorant. It's amazing how little economics is taught in high school and how little the subject of supply and demand is actually discussed. As far as our Earthly existence goes, money is right up there at the tip top of important subjects to discuss and yet... nothing.

How many of you were talking about those stimulus checks a year ago(granted a drop in the bucket compared to overall spending)? How many of you were talking about the absurd government spending a year ago? How many of you were worried about inflation a year ago?

Life isn't fair. The government does not have control over the laws of nature although a ton of you on the left and right all think that it does. It doesn't.

There is no amount of government that will ever make life fair. No amount.

Politicians do not care about you. Their political affiliation does not matter.

Buy Bitcoin.

Yup.. The Feds have been artificially pumping money into the stock market for the last 2yrs by buying bonds then COVID hit & the pumping went into overdrive. They have been buying something like $100 billion worth of bonds per month for over the past 15 months. It's freaking nuts.

Keep in mind that 79% of the entire stock market is owned by the top 1%. So this pumping primarily helps the rich (oh and *surprise surprise* the politicians who are allowed to invest).

[SATAN]

The only ones doing true journalism out there

:facepalm

[oldtimer28]

https://www.youtube.com/watch?v=zjz-R5MLfEw



Based


The only ones doing true journalism out there

video is correct & scary

[Jasper]

Yup.. The Feds have been artificially pumping money into the stock market for the last 2yrs by buying bonds then COVID hit & the pumping went into overdrive. They have been buying something like $100 billion worth of bonds per month for over the past 15 months. It's freaking nuts.

Keep in mind that 79% of the entire stock market is owned by the top 1%. So this pumping primarily helps the rich (oh and *surprise surprise* the politicians who are allowed to invest).

would it not make sense to buy bonds :)

[Patrick Chewing]

Well hell, whatever this white supremacist's says.

Go away, no one likes you.

[FultzNationRISE]

Yup.. The Feds have been artificially pumping money into the stock market for the last 2yrs by buying bonds then COVID hit & the pumping went into overdrive. They have been buying something like $100 billion worth of bonds per month for over the past 15 months. It's freaking nuts.

Keep in mind that 79% of the entire stock market is owned by the top 1%. So this pumping primarily helps the rich (oh and *surprise surprise* the politicians who are allowed to invest).



This dude is literally a cuck for the rich living a delusion of opposing them.

He’s the Indian Bernie.

Bernie Sanjanders.

[warriorfan]

This dude is literally a cuck for the rich living a delusion of opposing them.

He’s the Indian Bernie.

Bernie Sanjanders.

:roll:

[Nanners]

Of course its intentional

You cant build something back better without destroying it first

[Axe]

Go away, no one likes you.
Yet you're always following him like a dog. :ohwell:

[Lakers Legend#32]

Go away, no one likes you.

Proud to be everything the right wing hates.

[Loco 50]

https://www.youtube.com/watch?v=zjz-R5MLfEw



Based


The only ones doing true journalism out there

https://www.npr.org/2020/09/29/917747123/you-literally-cant-believe-the-facts-tucker-carlson-tells-you-so-say-fox-s-lawye

:oldlol: Sometimes it feels like a race to the bottom here. Some of you folks are dumb as rocks.

[FultzNationRISE]

https://www.npr.org/2020/09/29/917747123/you-literally-cant-believe-the-facts-tucker-carlson-tells-you-so-say-fox-s-lawye

:oldlol: Sometimes it feels like a race to the bottom here. Some of you folks are dumb as rocks.

Obviously poetic license is a part of the "infotainment" genre. The judge in the case you cite acknowledged any reasonable viewer would realize that.

Infotainment is basically core truths dressed up in provocation. Probably not an IDEAL approach for informing the public, but a popular one nonetheless. Although I'm not sure it's quite as bad as Al Gore winning an Academy Award for suggesting Miami would be under water by the year 2013.

Something you still believe is going to happen, by the way. Even though it can't anymore. In your mind, Al Gore still got that right even tho he got it wrong.

So for you to be calling anyone ELSE dumb as rocks... calls to mind another rock analogy, involving throwing them in glass houses...

[fsvr54]

https://www.npr.org/2020/09/29/917747123/you-literally-cant-believe-the-facts-tucker-carlson-tells-you-so-say-fox-s-lawye

:oldlol: Sometimes it feels like a race to the bottom here. Some of you folks are dumb as rocks.

Look in the mirror dude.

[ELITEpower23]

Inflation is normal. 6% no, but we have been much, much higher before.

[oldtimer28]

Inflation is normal. 6% no, but we have been much, much higher before.

I don't understand this post - can you be specific.

Especially as this is the highest inflation in 30 years and the definition of inflation was changed.

http://www.shadowstats.com/alternate_data/inflation-charts?fbclid=IwAR3i_fph1ZSjLlSlCIkxkkoJXKvMwEWd_W NxzV381kqOXnq7yQbWhbPmHfY

[bladefd]

Inflation is normal. 6% no, but we have been much, much higher before.

There will always be inflation, but you don't want to let it run amok. Feds usually try to keep it around 2% overall for a healthy balance (you don't want deflation either, which could be just as bad). It might be 6% right now but continues to grow each month. You don't want to let the rate grow for too long.

[ELITEpower23]

I don't understand this post - can you be specific.

Especially as this is the highest inflation in 30 years and the definition of inflation was changed.

http://www.shadowstats.com/alternate_data/inflation-charts?fbclid=IwAR3i_fph1ZSjLlSlCIkxkkoJXKvMwEWd_W NxzV381kqOXnq7yQbWhbPmHfY


Sure thing. From 1920 to 2021 inflation has averaged around 3.25% per year with a high of 23.7% and a low of -15.8% (deflation) meaning the inflation rate perpetually sifts through cyclical changes; some being very extreme and others not so much.


So on the one hand, yes, the 6.2% inflation is undoubtedly much higher than our 100-year average of 3.25% but with all the money printing what did we expect? And what was the other choice? Continue to let the economy crumble like in 2008? Our government likely will not let another 2008 type disaster happen again (as evidenced by their response during COVID-19). Sure, forecasts were slated to have inflation hovering around 5.8% and we clearly missed that mark but at the same time things have still been much worse. The sky is not falling and the Fed has already begun tapering its bond purchasing which will help to alleviate a growing inflation rate.


And as some know, inflation can actually be good for you. For example, most wage hikes are fueled by inflation. During most circumstances when wages go up you can be sure that inflation has gone up as well. Just like that--magic! Otherwise, your pay could remain stagnant without inflation. Additionally, inflation is good for those that hold assets such as real estate and stocks.


Inflation is not magical, it's merely a policy to keep our economic engine running.

[Lakers Legend#32]

MAGATS now are really trying to say that the $1,400 checks months ago are causing inflation. They want to make sure we know they will never help us again.

[bladefd]

Sure thing. From 1920 to 2021 inflation has averaged around 3.25% per year with a high of 23.7% and a low of -15.8% (deflation) meaning the inflation rate perpetually sifts through cyclical changes; some being very extreme and others not so much.


So on the one hand, yes, the 6.2% inflation is undoubtedly much higher than our 100-year average of 3.25% but with all the money printing what did we expect? And what was the other choice? Continue to let the economy crumble like in 2008? Our government likely will not let another 2008 type disaster happen again (as evidenced by their response during COVID-19). Sure, forecasts were slated to have inflation hovering around 5.8% and we clearly missed that mark but at the same time things have still been much worse. The sky is not falling and the Fed has already begun tapering its bond purchasing which will help to alleviate a growing inflation rate.


And as some know, inflation can actually be good for you. For example, most wage hikes are fueled by inflation. During most circumstances when wages go up you can be sure that inflation has gone up as well. Just like that--magic! Otherwise, your pay could remain stagnant without inflation. Additionally, inflation is good for those that hold assets such as real estate and stocks.


Inflation is not magical, it's merely a policy to keep our economic engine running.

Unfortunately, wages have been fairly stagnant for decades, going back to the 1970s. Rising in small amounts but not enough on average to fully account for inflation. I think the term for it is "real wages", which considers inflation. It's been flat for decades. With the rise in inflation since past 1 year, people have had negative wage growth

[FultzNationRISE]

Unfortunately, wages have been fairly stagnant for decades, going back to the 1970s. Rising in small amounts but not enough on average to fully account for inflation. I think the term for it is "real wages", which considers inflation. It's been flat for decades. With the rise in inflation since past 1 year, people have had negative wage growth


Maybe the infrastructure bill will change that :yaohappy:

[diamenz]

MAGATS now are really trying to say that the $1,400 checks months ago are causing inflation. They want to make sure we know they will never help us again.

joe biden said it himself, dumbass.

https://nypost.com/2021/11/10/biden-says-covid-stimulus-checks-fueled-spike-in-inflation/

incredibly stupid political move on his part btw. arguably the only good thing he's done besides pulling out afghanistan and he throws shade on it. :lol

"i say the quiet part out loud, man"!

[ELITEpower23]

MAGATS now are really trying to say that the $1,400 checks months ago are causing inflation. They want to make sure we know they will never help us again.

LIBCUCKS dont understand basic economics. How's that for fair?

The Fed's been printing money to help pay for the $29 trillion in U.S. debt. However, what you're ignorantly ignoring is that 40% of the U.S.dollars in existence were printed in the last 12 months alone...

Let that sink in.

[Off the Court]

LIBCUCKS dont understand basic economics. How's that for fair?

The Fed's been printing money to help pay for the $29 trillion in U.S. debt. However, what you're ignorantly ignoring is that 40% of the U.S.dollars in existence were printed in the last 12 months alone...

Let that sink in.
What? The Fed printing money is the U.S. debt :oldlol:

Tell us again who doesn't understand basic economics?

[iamgine]

Well who ever thought inflation is an accident?

[ELITEpower23]

What? The Fed printing money is the U.S. debt :oldlol:

Tell us again who doesn't understand basic economics?

If you don't understand what I said then this conversation is over. This is why I don't usually respond about these topics.

[fsvr54]

https://www.youtube.com/watch?v=zZv1aR6yth0

[Chick Stern]

Who the **** calls a news anchor talking head by their first name?!

[Lakers Legend#32]

Who the **** calls a news anchor talking head by their first name?!

He's not a news anchor. He's an entertainer for the MAGA crowd.

[ArbitraryWater]

Well who ever thought inflation is an accident?

99% of people.

But thats not even what he means.

He means this inflation was by design.

[Off the Court]

99% of people.

But thats not even what he means.

He means this inflation was by design.

https://www.bloomberg.com/graphics/2020-opinion-fed-inflation-economic-data/

The FED has been openly telling us they want higher inflation for a while now to even things out. Throughout the pandemic the inflation rate was around 1% which is too low.

[bladefd]

https://www.bloomberg.com/graphics/2020-opinion-fed-inflation-economic-data/

The FED has been openly telling us they want higher inflation for a while now to even things out. Throughout the pandemic the inflation rate was around 1% which is too low.

Feds try to maintain around 2% inflation rate. You don't want to go much above 2% tbh for a healthy economy.

[Off the Court]

Feds try to maintain around 2% inflation rate. You don't want to go much above 2% tbh for a healthy economy.
You do if it's been 1% for a solid year.

[Lakers Legend#32]

Anyone mistaking Tucker for an economist? Of course not.

[bladefd]

The supply chain issues might have just peaked in October so signs might improve in a couple of months as the pattern begins to reverse. It's not over yet though obviously, but it's a start.


Global average ocean freight rates for a 40-foot container have now declined for eight straight weeks, according to data released Thursday from maritime advisory and research firm Drewry. Spot pricing for the busy Shanghai-to-Los Angeles trade route has bounced around more but is still down about 19% from its September peak. Meanwhile, the number of containers lingering for longer than nine days at the Port of Los Angeles has dropped by about a third since the hub announced a plan in October to start fining ocean carriers for excessive dwell times

...

U.S. manufacturing output rose in October to the highest level since March 2019, Federal Reserve data showed this week. The factory production rebound was driven in part by an 11% jump in motor vehicles and parts, suggesting that even the automotive industry, hit hard by the semiconductor shortage, is navigating the supply crunch. Indeed, October marked the peak of the chip crunch at Toyota Motor Corp., Bob Carter, the company’s executive vice president for North American sales, told CNBC. That echoed commentary from Honeywell International Inc. Chief Executive Officer Darius Adamczyk, who also predicted that availability of industrial-oriented semiconductors would soon improve. https://www.bloomberg.com/opinion/articles/2021-11-18/the-u-s-supply-chain-crisis-is-already-easing