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The Bearded Menace
Re: What's next for the us economy and covid response?
Originally Posted by AKA_AAP
I hate to say it, but the economy will recover in 2025 when Mr. Donald Trump is back.
Dream some more lol
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Re: What's next for the us economy and covid response?
Originally Posted by bladefd
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?
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3-time NBA All-Star
Re: What's next for the us economy and covid response?
Originally Posted by JohnnySic
Season Two of "Covid is a Democratic hoax that will magically disappear.
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I Insist
Re: What's next for the us economy and covid response?
Originally Posted by Lakers Legend#32
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.
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Good college starter
Re: What's next for the us economy and covid response?
Originally Posted by JohnnySic
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.
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Re: What's next for the us economy and covid response?
Originally Posted by The Hick
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?
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...
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The Renaissance man
Re: What's next for the us economy and covid response?
Originally Posted by The Hick
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?
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.
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Local High School Star
Re: What's next for the us economy and covid response?
Originally Posted by bladefd
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.
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The Renaissance man
Re: What's next for the us economy and covid response?
Originally Posted by AKA_AAP
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?
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Out here
Re: What's next for the us economy and covid response?
inflation comes from higher supply of currency...the federal government has been greatly increasing spending, and the fed is printing money...simple as that
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The Renaissance man
Re: What's next for the us economy and covid response?
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/stoc...lose-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.
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Re: What's next for the us economy and covid response?
Originally Posted by Pushxx
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.
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The Bearded Menace
Re: What's next for the us economy and covid response?
Originally Posted by bladefd
Still b!tching about something? Want some cheese with that whine?
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Re: What's next for the us economy and covid response?
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The Renaissance man
Re: What's next for the us economy and covid response?
Originally Posted by The Hick
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.
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