Considering that the Dems/Libs spent and wasted as much money as they possibly could print in the last 3 months since the election I am not surprised at these inflation numbers.

What I really want to see is honest adjustments of the last couple of years of all economic data. Inflation, Growth, Unemployment, etc.

Show us how much we have been lied to for the last few years. Make it loud and force the media to cover it.

Ridiculous troll. Are you Chuck Schumer?

Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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Trump didn't fix the entire economy in 3 weeks?!?!?

Fire him!!!

aTmAg said:

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In the words of Milty: Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.

This is on Powell.

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Ding ding ding

PCC_80 said:

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Considering that the Dems/Libs spent and wasted as much money as they possibly could print in the last 3 months since the election I am not surprised at these inflation numbers.

What I really want to see is honest adjustments of the last couple of years of all economic data. Inflation, Growth, Unemployment, etc.

Show us how much we have been lied to for the last few years. Make it loud and force the media to cover it.

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Start them on the road of helping to restore the damage from the lying since they contributed so much to hiding it --- windfall profit tax for the legacy media.

The Fall Guy said:

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Well it did increase. What do you want them to say? Can't say this is deep state on everything

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It increased 6 months ago and they never updated it till the new admin

I think there is only one thing we can do at this point.


We must......


RENAME MEXICAN RICE TO BALD EAGLE RICE. INFLATION SOLVED!

Birdwatcher said:

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Time to own it republicans , this is NOW your ****ty economy !

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FIFY

Interesting that when Biden was in power it was "lower than expectations" and then a month later quietlt revised upwards.

With Trump it's "higher than expectations"

Same with jobs reports....always good news and then quietly revised to the accurate numbers so they can try to keep people in the dark.

Propaganda much?

I see Keith ******Bag is back

One would have to be a complete moron to think that Trump 47 is responsible for this inflation - he's been in office 3 weeks. Trump 45 is responsible for sure - the PPP and stimulus nonsense. That said, he was pressured into it by Covidiots (you know who you are) shutting down the US Economy. Trump was terrible on Covid, but I guess he had to do something. Biden was responsible as well. But, you know what? So was Obama and Bush (bailouts).

For the love of my sanity, could you guys PLEASE STOP responding to the dodo bird? The ignore feature is awesome until someone quotes the garbage he posts.

Bosco said:

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Libs/media expected Trump to drop prices on day 1…they have been hammering him regularly on the price of eggs, etc.

It's gonna take some time to get it under control but you know they will use this to their advantage.

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Quote:

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"When I win, I will immediately bring prices down, starting on day one," Trump continued.

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But sure, blame the libs and the media.

Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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LOL!

You remind me of the bitter low IQ soccer moms on my IG feed who were throwing temper tantrums over Trump causing a spike in egg prices, after just days on the job.

Quote:

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Quote:

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agaberto said:
Elon will have them out of their jobs before they can 'revise' their estimates.

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Oh ya, that how it should work? Report only good things or be removed? hmmm

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He is focused on the word "Revise" because these financial type reports will always come out with some narrative fitting number only to be REVISED some time later to reveal closer to the truth. The revision will be lost in translation with current news.

Mostly Foggy Recollection said:

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I see Keith ******Bag is back

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My all time fav post of his was when a part of Germany was seeing a significant uptick in migrant rape and other violent crimes and he assured us that everything was A-OK and perfectly safe "because his daughter had made a safe trip over there" or some such BS.

He truly believes that Christians are more violent and depraved than Muslims LOLOL

Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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And 14 people starred that nonsense.

Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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They believe their intended audience is that stupid and unfortunately a lot of them are.

Heineken-Ashi said:

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aTmAg said:

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In the words of Milty: Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.

This is on Powell.

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Ding ding ding

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Powell certainly didn't help but I lay this primary on the doorstep of the excessive stimulus pumped out and called Covid relief. It was a global phenomenon seen in almost every country and ours was one of the worst. The last one done by Biden really kicked in into overdrive.

Last one?

lb3 said:

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Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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That CPI covers Biden's last month in office. Trump will be held accountable for the country's economic performance, but this report isn't his to own.

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He said day one. Was he lying again?

2040huck said:

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lb3 said:

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Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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That CPI covers Biden's last month in office. Trump will be held accountable for the country's economic performance, but this report isn't his to own.

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He said day one. Was he lying again?

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Biden was still president on day one of January. Are you purposely being obtuse or are you just another paid shill?

Anonymous Source said:

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Bosco said:

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Libs/media expected Trump to drop prices on day 1…they have been hammering him regularly on the price of eggs, etc.

It's gonna take some time to get it under control but you know they will use this to their advantage.

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Quote:

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"When I win, I will immediately bring prices down, starting on day one," Trump continued.

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But sure, blame the libs and the media.

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It's a figure of speech… But you knew that…probably?

This is a big ball of yarn that has to be unwound and the PROCESS of getting prices under control started day 1. Sorry that you lost.

Kansas Kid said:

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Heineken-Ashi said:

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aTmAg said:

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In the words of Milty: Inflation is always and everywhere a monetary phenomenon, in the sense that it is and can be produced only by a more rapid increase in the quantity of money than in output.

This is on Powell.

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Ding ding ding

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Powell certainly didn't help but I lay this primary on the doorstep of the excessive stimulus pumped out and called Covid relief. It was a global phenomenon seen in almost every country and ours was one of the worst. The last one done by Biden really kicked in into overdrive.

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Where do you think the stimulus came from? The liquidity was already incoming via the FED QE before COVID due to the financial catastrophe caused by the 2019 draining of the reverse repo facility and the global liquidity crunch.

Quote:

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On September 17, 2019, interest rates on overnight repurchase agreements (or "repos"), which are short-term loans between financial institutions, experienced a sudden and unexpected spike. A measure of the interest rate on overnight repos in the United States, the Secured Overnight Financing Rate (SOFR), increased from 2.43 percent on September 16 to 5.25 percent on September 17. During the trading day, interest rates reached as high as 10 percent. The activity also affected the interest rates on unsecured loans between financial institutions, and the Effective Federal Funds Rate (EFFR), which serves as a measure for such interest rates, moved above its target range determined by the Federal Reserve.

This activity prompted an emergency intervention by the Federal Reserve Bank of New York, which injected $75 billion in liquidity into the repo markets on September 17 and continued to do so every morning for the rest of the week. On September 19, the Federal Reserve's Federal Open Market Committee also lowered the interest paid on bank reserves. These actions were ultimately successful in calming the markets and, by September 20, rates had returned to a stable level. The Federal Reserve Bank of New York continued to regularly provide liquidity to the repo market until June 2020.

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COVID was a convenient excuse to pump the QE that it was already injecting into the system to attempt to save the banks. Heck, you could even argue COVID was part of the plan since we now know that it was funded by USAID.

Funded by the USAID which was illicitly funded by the feds with OUR money . It all stinks to high heaven.

Ellis Wyatt said:

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Last one?

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He did the last stimulus checks directly to people as opposed to the prior ones approved by Trump that Trump made sure his name on the checks so he could get credit. It was a whole bunch of money printing that went into the economy and driving up prices just as Milton Fredman always highlighted.

The inflation increase act and other similar policies didn't help either.

Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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Since Trump took office on the 20th he only owns 1/3 of that.

At least I don't have to hear the word unexpectedly anymore.

2040huck said:

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lb3 said:

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Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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That CPI covers Biden's last month in office. Trump will be held accountable for the country's economic performance, but this report isn't his to own.

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He said day one. Was he lying again?

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He started working on bringing it down on day one. But even rabid democrats can't be this obtuse. It's going to take time to clean up the damage Biden did. Actually, damage for the past several decades.

Birdwatcher said:

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Time to own it republicans , this is your ****ty economy !

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Pathetic that you have an Ag Tag.