18 eggs cost me 10.99 today

The entire concept of this thread is null due to the fact that most of the US inflation was caused by the Trump Cares Act that poured Trillions onto the population. The other reason it is null is due to the fact that wages have been out pacing inflation for quite a while now.

Generally speaking, prices are baked in, but we don't want them to come down, deflation is worse than inflation. Deflation causes businesses to go under, and then we can say goodbye to this record breaking unemployment. The way you beat inflation is wages beating inflation, and currently that is happening.

[QUOTE=j3lademaster;14899008]Hot pockets are expensive, offer no nutritional value and you’re often hungry sooner than you should be(the main cause of obesity). Real ones know it’s all about rotisserie chickens from Costco.[/QUOTE]

You are missing the point. All that goes completely over RRR3/SATAN’s head because they live with their mom and don’t even buy food.

[QUOTE=Off the Court;14899006]Okay, back on topic.

Paksat drives a 2015 Fraud-mobile that he purchased in the hopes that everyone will view him as a successful billionaire genius who every day mistakenly curses Dems for making his eggs expensive. He came in here bragging about his wealth, only to be exposed as a fake. And Paksat isn't the only one in here that has done this.

It makes me realize that for as dumb as Chewing is, at least he isn't a fraud like some of you others. He doesn't come in here pretending to be Gordon Gekko. He might suffer tribal addiction to politics, but at least he comes real with himself.

Note to angry board MAGAs. You can not claim to killing it financially and also curse the state of the economy at the same time. It's an oxymoron and makes you a walking contradiction.[/QUOTE]I mean, I know some dumbasses who inherited some money and financial firms helped them build up their portfolio through no effort or skill of their own. Being rich doesn’t necessarily mean skill or intelligence anymore. He probably inherited some rentals and now makes a comfortable living off of them. That’s all speculation ofc, what we know for sure is he’s incredibly stupid. In order to avoid taking a pic of the car(probably because he’s still saving to finish repairs), he posts his fvcking VIN online. That is monumental levels of stupidity, even for here.

[QUOTE=eliteballer;14899012]I just bought 18 eggs for $4:

[url]https://www.target.com/p/cage-free-large-white-fresh-grade-a-eggs-ca-sefs-compliant-36oz-18ct-good-38-gather-8482-packaging-may-vary/-/A-83719457[/url][/QUOTE]

$4? When I click on link, it says $8.79

[QUOTE=warriorfan;14899020]You are missing the point. All that goes completely over RRR3/SATAN’s head because they live with their mom and don’t even buy food.[/QUOTE]

I fear for what will happen to RRR3 when his parents cannot afford to buy him hot pockets any longer. What will he do for sustenance? :(

[QUOTE=rmt;14899023]$4? When I click on link, it says $8.79[/QUOTE]$3.69

[QUOTE=rmt;14899023]$4? When I click on link, it says $8.79[/QUOTE]

It’s 3.69 for me but it’s a moot point. Anyone who has done any grocery shopping in the past year can see that pretty much everything has made a considerable jump up in price.

[QUOTE=Patrick Chewing;14899024]I fear for what will happen to RRR3 when his parents cannot afford to buy him hot pockets any longer. What will he do for sustenance? :([/QUOTE]

He will be a literal bum living in a cardboard box. The shitty part for us is he will still post his low iq nonsense on here from the computers at the library.

That link says $6.39 for me, but when you first click the link it says $3.69 for a brief second. Probably because it's feeding off the original link.

I'm guessing the price is location specific.

[QUOTE=rmt;14899009]It is Biden's policies that are causing PAIN to us. Let me count (some of) the ways:

BORDER/IMMIGRATION - what do you think all these millions of people who should not be here are doing to our schools, hospitals, courts, housing, roads/infrastructure, city budgets, etc.? Taking away resources that should be used by/on us - lowering our standard of living - less sanitation, less police/emt, less library services, etc. And lowering wages/taking jobs from the lowest earners.

CLIMATE CHANGE - give away EV tax credits (to rich people), mandate more environmental requirements that push up prices up, more restrictions on drilling/fracking/oil industry, more permitting requirements that slow down building of more housing, roads, etc. MORE REGULATIONS.

UKRAINE - Biden/Blinken pushing war vs Russia and entry into NATO - "Ukraine will become a member of NATO. Our purpose at the summit is to help build a bridge to that membership," Blinken told reporters in Brussels. I predict Trump will threaten to pull support/aid and force Ukraine to negotiate the end of this war. IOW, Ukraine in NATO is crazy - that means we are supposed to defend Ukraine against Russia? If money/aid is spent, it should be on us - not Ukraine.

INFLATION is at 3.5% - that's almost double what the Federal Reserve wants it be (2%). Biden's outrageous SPENDING is fueling inflation - we need to spend less - not forgive student loans on the backs of those who didn't go to college. They need to stop with the spending so interest rates can be lowered and we can get some interest rate relief on housing/automobiles/businesses. And that includes not submitting [B][U]$7.3 TRILLION[/U] a year budget[/B]s.

In short, Biden policies, if elected, will continue to make inflation [B]WORSE[/B] and inflict even [B]MORE PAIN[/B].[/QUOTE]

-You have to be under a certain income to get ev tax credits.
-we drill more oil and natural gas than ever before in American history. I think we drill by far the most oil in the world. What limitations?
-what's wrong with pushing for clean energy generation in the long term if it's as cheap or cheaper than oil/gas/coal (and self-sustaining?
-USA is not pushing for war against Russia - USA is helping Ukraine from falling to a dictator. Russia tried and things haven't worked out for them. Sweden/Finland both are part of nato now, Russia has more nato on their borders than before. What's their goal again?
-trump will force Ukraine to negotiate? You mean give up the war, get sacked by Russia and overtaken quickly?
-High spending isn't the only cause for inflation. There are many different causes for it, such as the economy being overactive and jobs market doing too good. They are trying to slow down the economy because it's essentially hyperactive coming out from the covid shutdowns.
-wasn't the student loans forgiveness stopped?
-Interest rates aren't high due to high spending. They have been artificially raised to fight inflation. It's the biggest tool the feds have to bring down inflation and will continue until inflation starts getting under 3%
-I want the deficit down too. Biden can do better there. We don't want Trump level deficits anymore, and biden is failing there. I would think he can at least do better than trump rather than stoop to trump's level.
-inflation has been going down for the past year and half. According to the pattern, they expected inside 3.4%, it's 3.5%. It's not going down as fast as they want it to. High interest rates will continue until inflation goes down more

Anything else you would like to say?

[QUOTE=rmt;14899009]It is Biden's policies that are causing PAIN to us. Let me count (some of) the ways:

BORDER/IMMIGRATION - what do you think all these millions of people who should not be here are doing to our schools, hospitals, courts, housing, roads/infrastructure, city budgets, etc.? Taking away resources that should be used by/on us - lowering our standard of living - less sanitation, less police/emt, less library services, etc. And lowering wages/taking jobs from the lowest earners.

CLIMATE CHANGE - give away EV tax credits (to rich people), mandate more environmental requirements that push up prices up, more restrictions on drilling/fracking/oil industry, more permitting requirements that slow down building of more housing, roads, etc. MORE REGULATIONS.

UKRAINE - Biden/Blinken pushing war vs Russia and entry into NATO - "Ukraine will become a member of NATO. Our purpose at the summit is to help build a bridge to that membership," Blinken told reporters in Brussels. I predict Trump will threaten to pull support/aid and force Ukraine to negotiate the end of this war. IOW, Ukraine in NATO is crazy - that means we are supposed to defend Ukraine against Russia? If money/aid is spent, it should be on us - not Ukraine.

INFLATION is at 3.5% - that's almost double what the Federal Reserve wants it be (2%). Biden's outrageous SPENDING is fueling inflation - we need to spend less - not forgive student loans on the backs of those who didn't go to college. They need to stop with the spending so interest rates can be lowered and we can get some interest rate relief on housing/automobiles/businesses. And that includes not submitting [B][U]$7.3 TRILLION[/U] a year budget[/B]s.

In short, Biden policies, if elected, will continue to make inflation [B]WORSE[/B] and inflict even [B]MORE PAIN[/B].[/QUOTE]

You DO know that there was a border security agreement which Republicans reneged on because Trump didn't want Biden to get a "win" in an election year right?

Do some research and think critically instead of parroting fox news talking points.

Egg prices have had nothing to do with Biden's policies, they've had to do with the fact that there have been bird flu outbreaks cutting stocks:

[url]https://www.npr.org/2024/04/03/1242445372/bird-flu-chicken-eggs[/url]

[url]https://www.cnn.com/2024/04/03/business/egg-prices-cal-maine-bird-flu/index.html[/url]

Do some research and think critically instead of parroting fox news talking points.

[QUOTE=Bill Gates;14899017]The entire concept of this thread is null due to the fact that [B][U]most[/U] of the US inflation was caused by the Trump Cares Act that poured Trillions onto the population[/B]. The other reason it is null is due to the fact that wages have been out pacing inflation for quite a while now.

Generally speaking, prices are baked in, but we don't want them to come down, deflation is worse than inflation. Deflation causes businesses to go under, and then we can say goodbye to this record breaking unemployment. The way you beat inflation is wages beating inflation, and currently that is happening.[/QUOTE]

And you don't think that Biden's (IMO, unnecessary) $1.9 trillion America Rescue Plan (on top the ALREADY KNOWN about Cares Act) when we were COMING OUT of the pandemic contributed to inflation? And his $1.2 trillion Inflation Reduction Act (really CLIMATE CHANGE bill signed 8/22 when inflation was 8.3%), his $740 billion Infrastructure Act and his $53 billion Chips Act - these aren't going to pour trillions onto the population? That adds up to $3.893 trillion - I guess that isn't going to cause inflation?

Yet Trump's $2.2 trillion Cares Act [B]IN THE MIDDLE of COVID's [U]SHUTDOWN[/U][/B] caused MOST of US Inflation? LOL

[QUOTE=rmt;14899039]And you don't think that Biden's (IMO, unnecessary) $1.9 trillion America Rescue Plan (on top the ALREADY KNOWN about Cares Act) when we were COMING OUT of the pandemic contributed to inflation? And his $1.2 trillion Inflation Reduction Act (really CLIMATE CHANGE bill signed 8/22 when inflation was 8.3%), his $740 billion Infrastructure Act and his $53 billion Chips Act - these aren't going to pour trillions onto the population? That adds up to $3.893 trillion - I guess that isn't going to cause inflation?

Yet Trump's $2.2 trillion Cares Act [B]IN THE MIDDLE of COVID's [U]SHUTDOWN[/U][/B] caused MOST of US Inflation? LOL[/QUOTE]

Bill Gates is a bad faith actor and he's totally full of shit.

Zero doubt in mind he participated in the Covid hysteria and was one one of the mindless lemmings who followed the propaganda and urged that we should shut the entire country down.

Trump didn't want to, but he was under immense pressure from both his own government and also the medical industrial complex who were clearly colluding against him. Once that decision to keep people home indefinitely was made, we had no choice but to print money. It's what [B]democrats[/B] wanted. Now he has the nerve to republicans for inflation when we were the ones in real time shouting from the rooftops that it was an awful idea. No mention of how we were bullied, shamed and silenced into submission.

This economy we're experiencing is entirely the fault of democrat politicians and left wing supporters like Bill Gates who cheered it on and allowed it to take place.

Not going to let them rewrite history.

[QUOTE=rmt;14899009]It is Biden's policies that are causing PAIN to us. Let me count (some of) the ways:



CLIMATE CHANGE - give away EV tax credits (to rich people), mandate more environmental requirements that push up prices up, more restrictions on drilling/fracking/oil industry, more permitting requirements that slow down building of more housing, roads, etc. MORE REGULATIONS.

[/QUOTE]

[QUOTE]And you don't think that Biden's (IMO, unnecessary) $1.9 trillion America Rescue Plan (on top the ALREADY KNOWN about Cares Act) when we were COMING OUT of the pandemic contributed to inflation? And his $1.2 trillion Inflation Reduction Act (really CLIMATE CHANGE bill signed 8/22 when inflation was 8.3%), his $740 billion Infrastructure Act and his $53 billion Chips Act - these aren't going to pour trillions onto the population? That adds up to $3.893 trillion - I guess that isn't going to cause inflation?[/QUOTE]

One minute you're complaining he's not doing enough for infrastructure and the next you're complaining he's doing too much?:roll:

[url=https://postimg.cc/CBsmLhb8][img]https://i.postimg.cc/TwZS0hwt/IMG-0417.png[/img][/url]

Wages have not kept up with inflation. They have for the very top of earners, which skew some graphs, but not for the overall workforce. Not everyone can be a principal engineer at Meta and make $750k, basing data on the exceptions is always bad. Also, inflation in food outpaced overall inflation by quite a bit and this is the expense that hurts the average working American the most.

[url]https://www.statista.com/statistics/1351276/wage-growth-vs-inflation-us/[/url]

Wages have been outpacing inflation since February. It will eventually normalize as usual. Actually the only thing that hasn't normalized is the housing market which is pretty much the entire reason inflation is higher than 2%.

[QUOTE=j3lademaster;14899052] Also, inflation in food outpaced overall inflation by quite a bit and this is the expense that hurts the average working American the most.[/QUOTE]

[url]https://www.bls.gov/news.release/cpi.nr0.htm[/url]

Overall food has gone up 2.2% over the last 12 months. Only up 1.2% for groceries, and 4.2% eating out.

That is on par with normal inflation levels.

[QUOTE=Bill Gates;14899058][url]https://www.bls.gov/news.release/cpi.nr0.htm[/url]

Overall food has gone up 2.2% over the last 12 months. Only up 1.2% for groceries, and 4.2% eating out.

That is on par with normal inflation levels.[/QUOTE]

2% my ass. When food was 12.99 for a bowl of pho in 2020 and its 18.99 now. Tell me more

Came home after buying goose eggs for 30 bucks , and half of them were broken.
I'm broke for the month.

[QUOTE=TeflonDonTrump;14899074]2% my ass. When food was 12.99 for a bowl of pho in 2020 and its 18.99 now. Tell me more[/QUOTE]

2020 was 4 years ago, before Trump flooded the country with stimulus.

You'd see 10% increases of price over 4 years time even under normal inflation levels though.

[QUOTE=rmt;14899009]It is Biden's policies that are causing PAIN to us. Let me count (some of) the ways:

BORDER/IMMIGRATION - what do you think all these millions of people who should not be here are doing to our schools, hospitals, courts, housing, roads/infrastructure, city budgets, etc.? Taking away resources that should be used by/on us - lowering our standard of living - less sanitation, less police/emt, less library services, etc. And lowering wages/taking jobs from the lowest earners.

CLIMATE CHANGE - give away EV tax credits (to rich people), mandate more environmental requirements that push up prices up, more restrictions on drilling/fracking/oil industry, more permitting requirements that slow down building of more housing, roads, etc. MORE REGULATIONS.

UKRAINE - Biden/Blinken pushing war vs Russia and entry into NATO - "Ukraine will become a member of NATO. Our purpose at the summit is to help build a bridge to that membership," Blinken told reporters in Brussels. I predict Trump will threaten to pull support/aid and force Ukraine to negotiate the end of this war. IOW, Ukraine in NATO is crazy - that means we are supposed to defend Ukraine against Russia? If money/aid is spent, it should be on us - not Ukraine.

INFLATION is at 3.5% - that's almost double what the Federal Reserve wants it be (2%). Biden's outrageous SPENDING is fueling inflation - we need to spend less - not forgive student loans on the backs of those who didn't go to college. They need to stop with the spending so interest rates can be lowered and we can get some interest rate relief on housing/automobiles/businesses. And that includes not submitting [B][U]$7.3 TRILLION[/U] a year budget[/B]s.

In short, Biden policies, if elected, will continue to make inflation [B]WORSE[/B] and inflict even [B]MORE PAIN[/B].[/QUOTE]

"Trump would fix everything!" :oldlol:

[QUOTE=Patrick Chewing;14899024]I fear for what will happen to RRR3 when his parents cannot afford to buy him hot pockets any longer. What will he do for sustenance? :([/QUOTE]

Thanks for letting me know warriorfan is still sitting at home thinking about me. Fat ****.

[QUOTE=rmt;14899039]And you don't think that Biden's (IMO, unnecessary) $1.9 trillion America Rescue Plan (on top the ALREADY KNOWN about Cares Act) when we were COMING OUT of the pandemic contributed to inflation? And his $1.2 trillion Inflation Reduction Act (really CLIMATE CHANGE bill signed 8/22 when inflation was 8.3%), his $740 billion Infrastructure Act and his $53 billion Chips Act - these aren't going to pour trillions onto the population? That adds up to $3.893 trillion - I guess that isn't going to cause inflation?

Yet Trump's $2.2 trillion Cares Act [B]IN THE MIDDLE of COVID's [U]SHUTDOWN[/U][/B] caused MOST of US Inflation? LOL[/QUOTE]

There's no way you don't have dementia. :facepalm

[QUOTE=TeflonDonTrump;14899074]2% my ass. When food was 12.99 for a bowl of pho in 2020 and its 18.99 now. Tell me more[/QUOTE]

You are retarded.

[QUOTE=eliteballer;14899047]One minute you're complaining he's not doing enough for infrastructure and the next you're complaining he's doing too much?:roll:[/QUOTE]

Exactly where do I complain that he's not doing enough for infrastructure? He is for more rules/regulations which prevent quicker building of everything - do you think he's made it easier to build anything?

Government primarily needs to keep us safe and secure and get out of the way of US business - everything they get involved with (especially education and health) gets more expensive.

Let's not forget Biden's ill fated Build Back Better - originally $3.5 trillion/revised $1.75 trillion in late 2021 (ended up with passed slim down 2022 Inflation Reduction Act) - do you really think that all this wishful SPENDING would have been good for inflation if it had passed (in original form)? Thank God for Manchin (although he voted for IRA) - inflation could be even worse now if full BBB had passed.

[QUOTE=rmt;14899193]Let's not forget Biden's ill fated Build Back Better - originally $3.5 trillion/revised $1.75 trillion in late 2021 (ended up with passed slim down 2022 Inflation Reduction Act) - do you really think that all this wishful SPENDING would have been good for inflation if it had passed (in original form)? Thank God for Manchin (although he voted for IRA) - inflation could be even worse now if full BBB had passed.[/QUOTE]

that's a fair stance from a conservative, but did you have the same attitude towards trump's 2017 tax cuts or did you allow yourself to fall for the mnuchin propaganda?

[QUOTE=diamenz;14899211]that's a fair stance from a conservative, but did you have the same attitude towards trump's 2017 tax cuts or did you allow yourself to fall for the mnuchin propaganda?[/QUOTE]

then he tanked on all small businesses ... they closed

[QUOTE=rmt;14899193]Let's not forget Biden's ill fated Build Back Better - originally $3.5 trillion/revised $1.75 trillion in late 2021 (ended up with passed slim down 2022 Inflation Reduction Act) - do you really think that all this wishful SPENDING would have been good for inflation if it had passed (in original form)? Thank God for Manchin (although he voted for IRA) - inflation could be even worse now if full BBB had passed.[/QUOTE]

Did you know the current inflation was primarily driven by the shutdowns opening up again, early on with supply chain issues, and high consumer demand? Yes, the massive bills under biden didn't help, but that wasn't the cause by itself or arguably one of the 3 biggest causes. Top 4? Yes, sure probably. There is currently also widespread price gouging taking place with companies wanting to take advantage of record profits. That could also be a bigger cause than those 2 bills you mentioned. It certainly is a top 5 cause keeping inflation up.

Anything else you wish to say?

[QUOTE=diamenz;14899211]that's a fair stance from a conservative, but did you have the same attitude towards trump's 2017 tax cuts or did you allow yourself to fall for the mnuchin propaganda?[/QUOTE]

Was anyone concerned about inflation in 2017? This thread is 11 pages on eggs/inflation. Biden, if he is elected again, will worsen inflation with his/Dems' policies/propensity to SPEND.

[QUOTE=rmt;14899270]Was anyone concerned about inflation in 2017? This thread is 11 pages on eggs/inflation. Biden, if he is elected again, will worsen inflation with his/Dems' policies/propensity to SPEND.[/QUOTE]I was concerned inflation was coming after the Trump cuts. And every one of my college buddies who went into the finance field said that was a billionaire giveaway as it happened 7 years ago. The tax cut increased more tax dollars going to corporations thus the literal pockets of the wealthiest shareholders, buying back their own stocks and artificially creating their own money multiplier. That created the largest transfer of assets, thus exacerbating wealth transfer under inflation, which the wealthy can cause any time they want to. And it’s not because we have crystal balls, it’s because if you take any level of economic education in school you are slammed with case study after case study of this happening: the jfk tax cuts(a democrat, not that I give a shit) for the wealthy, the Reagan cuts, the bush cuts; so yeah the Trump cuts were incredibly predictable for anyone with a modicum of education in the matter. The most sinister part about this is if random Econ students at community colleges learn about this stuff, you think the ivy leaguers working on these don’t?

[url]https://truthout.org/articles/us-billionaires-have-doubled-their-wealth-since-2017-trump-tax-overhaul/[/url]

Billionaire net worth has doubled since the cuts. It's not a coincidence.

And republicans are by far the bigger spenders. Of the last 16 presidents, there have been 8 republicans and 8 dems. The only democrats who left office with a bigger deficit than when they came in were JFK and Jimmy Carter. Otoh the only republican who left office with a lower deficit was Eisenhower, who is a Bernie Sanders socialist by today's standards since he was an advocate of social safety nets, championed wealth tax and so on

[IMG]https://www.azquotes.com/public/picture_quotes/bf/04/bf04fd13e9b7f2d7a942e1c4b0b60e8a/dwight-d-eisenhower-1077055.jpg[/IMG]

You're the perfect example of a little bit of knowledge being a dangerous thing. You learn the very basics of supply and demand, what index funds are and some tribal talking points and you create these inane conclusions based off of these.

[QUOTE=j3lademaster;14899286]I was concerned inflation was coming after the Trump cuts. And every one of my college buddies who went into the finance field said that was a billionaire giveaway as it happened 7 years ago. The tax cut increased more tax dollars going to corporations thus the literal pockets of the wealthiest shareholders, buying back their own stocks and artificially creating their own money multiplier. That created the largest transfer of assets, thus exacerbating wealth transfer under inflation, which the wealthy can cause any time they want to. And it’s not because we have crystal balls, it’s because if you take any level of economic education in school you are slammed with case study after case study of this happening: the jfk tax cuts(a democrat, not that I give a shit) for the wealthy, the Reagan cuts, the bush cuts; so yeah the Trump cuts were incredibly predictable for anyone with a modicum of education in the matter. The most sinister part about this is if random Econ students at community colleges learn about this stuff, you think the ivy leaguers working on these don’t?

[url]https://truthout.org/articles/us-billionaires-have-doubled-their-wealth-since-2017-trump-tax-overhaul/[/url]

Billionaire net worth has doubled since the cuts. It's not a coincidence.

And republicans are by far the bigger spenders. Of the last 16 presidents, there have been 8 republicans and 8 dems. The only democrats who left office with a bigger deficit than when they came in were JFK and Jimmy Carter. Otoh the only republican who left office with a lower deficit was Eisenhower, who is a Bernie Sanders socialist by today's standards since he was an advocate of social safety nets, championed wealth tax and so on

[IMG]https://www.azquotes.com/public/picture_quotes/bf/04/bf04fd13e9b7f2d7a942e1c4b0b60e8a/dwight-d-eisenhower-1077055.jpg[/IMG]

You're the perfect example of a little bit of knowledge being a dangerous thing. You learn the very basics of supply and demand, what index funds are and some tribal talking points and you create these inane conclusions based off of these.[/QUOTE]

And yet inflation was not a problem throughout the Trump years:

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec [B]Average[/B]
2024 3.1 3.2 3.5 Avail.
May
15
2023 6.4 6.0 5.0 4.9 4.0 3.0 3.2 3.7 3.7 3.2 3.1 3.4 4.1
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3 8.2 7.7 7.1 6.5 8.0
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 [B]1.2[/B]
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 [B]1.8[/B]
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 [B]2.4[/B]
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 [B]2.1[/B]

[url]https://www.usinflationcalculator.com/inflation/current-inflation-rates/[/url]

Racing to the bottom for prices, selling out small family farms in favor of enriching large corporations, and eating toxic tasteless eggs is not a good thing. Lmao.

Don’t be cheap when it comes to food. It’s definitely a vote with your dollars industry.

[QUOTE=rmt;14899293]And yet inflation was not a problem throughout the Trump years:

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec [B]Average[/B]
2024 3.1 3.2 3.5 Avail.
May
15
2023 6.4 6.0 5.0 4.9 4.0 3.0 3.2 3.7 3.7 3.2 3.1 3.4 4.1
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3 8.2 7.7 7.1 6.5 8.0
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 [B]1.2[/B]
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 [B]1.8[/B]
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 [B]2.4[/B]
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 [B]2.1[/B]

[url]https://www.usinflationcalculator.com/inflation/current-inflation-rates/[/url][/QUOTE]Ok, so when I said the wealthy can cause inflation ‘whenever they want’ I didn’t mean it literally. It’s colloquialism. They don’t push a ‘global inflation’ button. CME owns ~30% of the Dow and the SP 500, they can’t own more because they’re already over saturated. They would have to schedule buy and sell dates for hedgefunds and congress members(whoever inside trades with them) and create a need to pump more cash into the economy(you need to create an appropriate reserve to prevent a second Great Depression). It’s convenient that shareholders of the banks who own the FED are some of these inside traders too. This takes time, and yes, it’s as sinister as it sounds. Trump increased deficit spending AFTER tax cuts to artificially pump up a down market in order to accelerate this process leading to great short term(tesla was $380 in march and became like $2000 that same oct, along with a lot of other companies) at the cost of the long term. What’s more is single family home investment was seen as a high capital low reward venture in the past, but if you give the top .01% more money than they know what to do with, they will invest in the next thing until they face oversaturation in the market and move on to the next, and so on until we have hedgefunds buying single family homes and skyrocketing prices. Absolutely predictable, because that’s what happened historically. Did I predict specifically single family homes this soon? Gun to my head, probably not, but the trend(and thus the damage) was easy to spot.

And it’s not just the Trump cuts. Like I said before JFK, Reagan, Bush and Trump cuts all caused this. A wealth transfer like that takes decades or you risk crashing the market/ causing civil unrest. The inflation was very predictable though, even without the pandemic. But by all means, keep pretending it wasn’t the tax cuts and keep simping for your billionaire overlords. One day our kids and or kid’s kids won’t be able to afford houses, but that’s all good because our generations got ours.

Hey genius, when Trump cut taxes for corporations... it applies to [B]all[/B] corporations big and small. Not just billionaires.

Every single business owner and self employed contractor did better under Trump. There is extremely low consumer confidence right now across the board and absolutely no one in the private business sector is excited about the possibility of four more years of Brandon.

The strength of an economy is measured by the ability to conduct business and the access to goods and services, both which were stronger under evil Orange Face. In fact the economy was doing so well that TDS libs like Bill Maher were on national television saying how he wishes the economy could take a hit so that Trump loses momentum.

[QUOTE=Norcaliblunt;14899297]Racing to the bottom for prices, selling out small family farms in favor of enriching large corporations, and eating toxic tasteless eggs is not a good thing. Lmao.

Don’t be cheap when it comes to food. It’s definitely a vote with your dollars industry.[/QUOTE]

Pastured raised eggs - the yolks are so bright and orange.

Bidenflation Soars To 18.8%, Squeezing Americans

[B]Inflation results from excessive Federal Reserve money printing and government spending, expanding the money supply[/B]. This leads to prices rising and effectively acts as a hidden tax on everyone.

[B]Average hourly earnings for all employees dropped 2.5%[/B] to $11.11 in March 2024 from $11.39 in January 2021 when Biden assumed office. According to Mark Zandi, the chief economist at Moody's Analytics, the typical U.S. household now requires $1,069 more each month (equivalent to $12,828 annually) compared to three years ago, $784 more per month compared to two years ago, and an additional $227 per month compared to last year.

We developed the TIPP CPI, a metric that uses February 2021, the month after President Biden's inauguration, as its base to measure the rate of change. All TIPP CPI measures are anchored to the base month of February 2021, making it exclusive to the economy under President Biden's watch.

The BLS CPI rate doesn't accurately capture Americans’ inflation struggles. The official BLS CPI year-over-year increases will compare prices to already inflated bases in the coming months, and these statistics could mask the full impact. Further, the media and some economists frequently use the low CPI rate to present a rosy economic outlook supporting Biden’s policies.

For March 2024, the [B]BLS reported a [U]3.5%[/U] annual CPI increase[/B]. Compare this to the TIPP CPI of 18.8% - a 15.3-point difference. Prices have increased by 18.8% since President Biden took office. On an annual basis, [B]TIPP CPI is [U]6.0%[/U][/B].

[url]https://tippinsights.com/bidenflation-soars-to-18-8-squeezing-americans/[/url]

They need to raise interest rates [U][B]AND[/B][/U] cut back on spending - just like households are cutting back on eating out, trimming insurances, etc. - IOW, tightening their belts. Get out of here with $7.3 trillion a year budgets - this spending is unsustainable.

[QUOTE=rmt;14899293]And yet inflation was not a problem throughout the Trump years:

Year Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec [B]Average[/B]
2024 3.1 3.2 3.5 Avail.
May
15
2023 6.4 6.0 5.0 4.9 4.0 3.0 3.2 3.7 3.7 3.2 3.1 3.4 4.1
2022 7.5 7.9 8.5 8.3 8.6 9.1 8.5 8.3 8.2 7.7 7.1 6.5 8.0
2021 1.4 1.7 2.6 4.2 5.0 5.4 5.4 5.3 5.4 6.2 6.8 7.0 4.7
2020 2.5 2.3 1.5 0.3 0.1 0.6 1.0 1.3 1.4 1.2 1.2 1.4 [B]1.2[/B]
2019 1.6 1.5 1.9 2.0 1.8 1.6 1.8 1.7 1.7 1.8 2.1 2.3 [B]1.8[/B]
2018 2.1 2.2 2.4 2.5 2.8 2.9 2.9 2.7 2.3 2.5 2.2 1.9 [B]2.4[/B]
2017 2.5 2.7 2.4 2.2 1.9 1.6 1.7 1.9 2.2 2.0 2.2 2.1 [B]2.1[/B]

[url]https://www.usinflationcalculator.com/inflation/current-inflation-rates/[/url][/QUOTE]

could it be cause no one had jobs and sitting at home wondering where the ivermectin can be bought ?

[QUOTE=rmt;14899401]Bidenflation Soars To 18.8%, Squeezing Americans

[B]Inflation results from excessive Federal Reserve money printing and government spending, expanding the money supply[/B]. This leads to prices rising and effectively acts as a hidden tax on everyone.

[B]Average hourly earnings for all employees dropped 2.5%[/B] to $11.11 in March 2024 from $11.39 in January 2021 when Biden assumed office. According to Mark Zandi, the chief economist at Moody's Analytics, the typical U.S. household now requires $1,069 more each month (equivalent to $12,828 annually) compared to three years ago, $784 more per month compared to two years ago, and an additional $227 per month compared to last year.

We developed the TIPP CPI, a metric that uses February 2021, the month after President Biden's inauguration, as its base to measure the rate of change. All TIPP CPI measures are anchored to the base month of February 2021, making it exclusive to the economy under President Biden's watch.

The BLS CPI rate doesn't accurately capture Americans’ inflation struggles. The official BLS CPI year-over-year increases will compare prices to already inflated bases in the coming months, and these statistics could mask the full impact. Further, the media and some economists frequently use the low CPI rate to present a rosy economic outlook supporting Biden’s policies.

For March 2024, the [B]BLS reported a [U]3.5%[/U] annual CPI increase[/B]. Compare this to the TIPP CPI of 18.8% - a 15.3-point difference. Prices have increased by 18.8% since President Biden took office. On an annual basis, [B]TIPP CPI is [U]6.0%[/U][/B].

[url]https://tippinsights.com/bidenflation-soars-to-18-8-squeezing-americans/[/url]

They need to raise interest rates [U][B]AND[/B][/U] cut back on spending - just like households are cutting back on eating out, trimming insurances, etc. - IOW, tightening their belts. Get out of here with $7.3 trillion a year budgets - this spending is unsustainable.[/QUOTE]I’m not gonna go into why these metrics are misleading since none of this ever goes anywhere. I’ll just keep it simple. What should Biden, or any president in his place, do about lagging wages? Corporations and shareholders are seeing record profits so the money is there. That’s the govt job after all, to make sure the market can flourish right? Should he micro how corporations spread wealth within their own company? Why not pay their workers? You guys don’t want social safety nets that allow people to be pickier about their pay and job prospects, you want deregulation and less labor laws, you think the $20 min wage in ca is abhorrent; so tell me… what should the president do about lagging wages.