With all the geopolitical BS running rampant around the globe, it is going to start getting ugly.

Now, the overall Consumer Price Index back a year, highest jumps since 2008. Note how tame Inflation was under Pres Trump, then exploding with Joe, Nancy, and Chuck at the economic helm...(2/6) pic.twitter.com/cn480J7kg4

— Steve Cortes (@CortesSteve) October 2, 2021

This winter will be brutal for people of modest incomes heating their homes. Nat Gas prices have soared, in part thanks to Biden's war on US Energy - same story here with Propane, which has almost tripled in price since Election Day...(4/6) pic.twitter.com/I4bDJw25ce

— Steve Cortes (@CortesSteve) October 2, 2021

Housing led the US recovery from the Spring 2020 lockdowns, but now the sector sputters thanks to Biden. Here is a one-month chart of the Housing ETF, the XHB, which lost 9% in September (6/6) pic.twitter.com/f0xGZbjNJp

— Steve Cortes (@CortesSteve) October 2, 2021

So everyone but the queens get a 10% paycut. Thanks Joe.

But it's all transitory!

Democrats will blame it on Trump Era tax cuts.

Biden's America

Oh course Fauci spouts nonsense about a covid dark winter to distract Americans from the absolute sh tshow of the biden administration.

Congress needs a raise!!

Steve Cortes should've included the Reverse Repo Chart.... that's off the charts

I can't post images but here's a link:

https://fred.stlouisfed.org/series/RRPONTSYD

It was over 1.6 trillion $ last week

Imagine what inflation would be if they didn't take a trillion dollars out of circulation everyday for the last couple months

Cookin the books for a bogus market

Wrecking the economy has been one of the far left objectives since Joes was 'elected'.

The ultimate goals is socialism. And socialism is the bait to lure the people deeper into dependence and servitude.

While I don't doubt that US monetary policy is contributing to inflation, there are some serious supply chain issues, particularly overseas.

Covid restrictions along with whatever crap is going on in China are causing a lot of problems. Truckers and shippers are facing ridiculous hurdles as they try to cross borders and unload cargo. Shipping companies are having a problem retaining employees because people are stuck on boats and are not allowed to have shore leave unless they land in their home countries.

And unfortunately supply chains are so complicated right now that a tiny factory going down somewhere for a few weeks could cause massive downline shortages in 10 other places.

And let's not forget China is still the worlds manufacturer of cheap crap. The cheap crap factories are having a lot of slow downs right now due to energy issues. Cheap crap is going to be more expensive in the near future. Has very little to do with US monetary policy.

Likely going to be a shortage of Christmas decorations on store sales this year. Curious about toys and other things.

You know things are bad when you find recruitment flyers from a trucking company hung on front doors in relatively affluent neighborhoods in North Dallas. Found one on our door on Thursday. That kind of floored me.

'Ho
'Ho
'Ho

YouBet said:

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You know things are bad when you find recruitment flyers from a trucking company hung on front doors in relatively affluent neighborhoods in North Dallas. Found one on our door on Thursday. That kind of floored me.

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actually, it kind of doored you. it would have floored you if they have slipped it under the door.

AgResearch said:

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Democrats will blame it on Trump Era tax cuts.

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Democrats are economically illiterate & general morons. 81 million of them.

You forgot the re.

All by design with the Oblamea cabal's nasty hands all up in there.

Kamala did tell us to get our Christmas shopping done early this year.

but at least hot dogs "were" cheaper.

Border crisis/energy shortages.

Heard on the radio the other day that some people are buying stickers with a picture of a smiling Joe Biden pointing his finger and saying, "I did this.".

Then they put the "I did this" smiling Joe Biden stickers on gas pumps with smilinbg-Joe pointing at the price per gallon.

A simple primer on the convoluted nature of the global supply chain. Any significant shipping delay or manufacturing slowdown in just one of dozens of suppliers can cause a global shortage of a particular product and cause price increases.

I'm about to buy an iPhone 13 while y'all ***** about **** you can't control

itsyourboypookie said:

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I'm about to buy an iPhone 13 while y'all ***** about **** you can't control

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Damn. I'm still on my XR. You have any stock tips?

Captain Positivity said:

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While I don't doubt that US monetary policy is contributing to inflation, there are some serious supply chain issues, particularly overseas.

Covid restrictions along with whatever crap is going on in China are causing a lot of problems. Truckers and shippers are facing ridiculous hurdles as they try to cross borders and unload cargo. Shipping companies are having a problem retaining employees because people are stuck on boats and are not allowed to have shore leave unless they land in their home countries.

And unfortunately supply chains are so complicated right now that a tiny factory going down somewhere for a few weeks could cause massive downline shortages in 10 other places.

And let's not forget China is still the worlds manufacturer of cheap crap. The cheap crap factories are having a lot of slow downs right now due to energy issues. Cheap crap is going to be more expensive in the near future. Has very little to do with US monetary policy.

Likely going to be a shortage of Christmas decorations on store sales this year. Curious about toys and other things.

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According to my suppliers, they aren't having issues with production in China. It's getting it here because of shipping container shortages. And then unloading once it arrives, and backups in train and truck depots, especially in Chicago.

Because of the container shortage, shipping costs have risen 300%.

CMs voted for this president* and approve of his administration's handling of things.