Queso1 said:

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Home owner insurance through the roof.

Food costs are insane.


The thing is that they won't be able to fix it. There's no way any politician is going to make a meaningful reduction in spending. Doge was a joke.

They aren't going to raise rates because that will disrupt the Dow and affect their buddies and hurt the general economy. They have to keep the Ponzi scheme going. Even a slight rate hike causes it to tumble. To return to sound policy, the Fed rate should probably be raised 25% or more…not .25%.

The last thing we needed was this war. But the fact is that the federal government no longer serves the people.

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Food costs are "insane"?

Not sure you understand how Ponzis schemes work but the Dow is not one.

What would raising the interest rates do to solve anything?

And the last thing we needed was a nuclear enabled Iran.

Thank you for your attention to this matter.

"I love the inflation." -- Trump

Not going to end well. The Fed may have to do a rate increase by December.

DeschutesAg said:

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"I love the inflation." -- Trump

Not going to end well. The Fed may have to do a rate increase by December.

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Surely the guy who says what he means didn't really mean this.

AggieVictor10 said:

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DeschutesAg said:

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"I love the inflation." -- Trump

Not going to end well. The Fed may have to do a rate increase by December.

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Surely the guy who says what he means didn't really mean this.

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If you look at the entire quote, he said that it's due to a temporary increase in gas prices and once that starts to drop, so will inflation. So these numbers are good.

I get a small quote out of context is fun for the left as they've been losing so much, they can feel good about something stupid. So, enjoy!!

Science Denier said:

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AggieVictor10 said:

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DeschutesAg said:

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"I love the inflation." -- Trump

Not going to end well. The Fed may have to do a rate increase by December.

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Surely the guy who says what he means didn't really mean this.

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If you look at the entire quote, he said that it's due to a temporary increase in gas prices and once that starts to drop, so will inflation. So these numbers are good.

I get a small quote out of context is fun for the left as they've been losing so much, they can feel good about something stupid. So, enjoy!!

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The quote was in context.

DeschutesAg said:

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Science Denier said:

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AggieVictor10 said:

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DeschutesAg said:

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"I love the inflation." -- Trump

Not going to end well. The Fed may have to do a rate increase by December.

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Surely the guy who says what he means didn't really mean this.

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If you look at the entire quote, he said that it's due to a temporary increase in gas prices and once that starts to drop, so will inflation. So these numbers are good.

I get a small quote out of context is fun for the left as they've been losing so much, they can feel good about something stupid. So, enjoy!!

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The quote was in context.

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Why would the Fed have to, need to, or want to do a rate increase by December? You do NOT raise borrowing rates to tamper inflation driven by a temporary skirmish in Iran. If you a Jerome Powell, you may believe the economy is cooking too fast and needs to be throttle back and rate hikes are his solution. But that monetary policy has shown time and again to be asinine when you have the factors in place to truly grow and expand the American economy - at the expense of others on the global stage.

Larry Kudlow has a great show on weekdays at 3pm central on Fox Business. I recommend you tune in particularly when guys like Art Laffer is on.

Also, 4.2% inflation is the average since the pandemic, and just over 0.5% higher than the average over the past 50 years.


Using decade averages from CPI data):

1970s: ~7.25%
1980s: ~5.82%
1990s: ~3.08%
2000s: ~2.54%
2010s: ~1.75%
20202025: ~4.20% (elevated by pandemic effects)

Pinochet said:

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Old McDonald said:

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just a tremendous lack of foresight and judgment from trump and his admin getting into this mess with iran

but hey, remember we should all feel honored to pay higher prices to finally end radical islam in iran (lol)

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This board also wants you to feel honored to pay more for US goods over Chinese goods. Because Chinese goods are **** and you should never have bought cheap things.

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I want to see americna manufacturing resurgence as much as you do, but let's be realistic.... American cost to value has absolutely cratered the last 15-20 yrs. I support American companies when possible. But so much has become sloppily made, inferior quality/tech that's being marked up because the sticker can say "made in the USA" .

And its not just one industry.... especially if PEFs have stepped in and started buying the industry up and min/maxing it

MouthBQ98 said:

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Well, would we have rather waited until Iran pulled a North Korea and tested both a viable medium range ballistic missile and then a nuclear test detonation, and THEN closed the strait of Hormuz to shipping traffic except those that would pay a bribe?

The higher oil prices were almost inevitable due to this. It was just a matter of when and for how long.

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Exactly. Once the Iranian situation is handled inflation will go down to the low 2's and even into the 1's. Our economy is building up with excited anticipation like SPCX going public. My only question is what will be the next gripe about Trump. The ***** and whine arsenal will be pretty low.