Inflation Plummeting Rapidly

[Marener]

Where’d that recession go? It’s been like a year since the right was celebrating the imaginary recession that they invented.

 

[MisterBeale]

Do you not think solutions exist?

 

[gipper]

Protectors of democracy and standing up to aggression.

Fixed it for ya.

And the answer is: always. From the Civil War, when the Left freed the slaves, to WWII, when Roosevelt defeated Germany, Japan, and Italy.

“Between the swooning and cheering for the Wagner Group to take over Russia and its nukes, and the ongoing worship of the Azov Battalion,” added commentator Glenn Greenwald wryly. “I don't think there's been this much open cheering of actual Nazis since the Nuremberg rallies.”

 

[Leo123]

There was this thing called the pandemic which reduced supply and increased demand for semiconductors.

A fake pandemic.

 

[Leo123]

Of course it wouldn’t. The oil and gas industry in 2019 was totally unsustainable. There was a production war that everyone was trying to put each out out of business by overproducing and driving the price down.

It was unsustainable because the industry was losing money and they can only do that for so long.

But go ahead and try to make this about who is president because that’s what the political hacks want you to believe.

Prices wouldn't have soared so high if not for Biden's war on fossil fuels. They may have increased but not to the point where they affected the overall economy.

 

[Marener]

A fake pandemic.

Another reality denier.

 

[Leo123]

Oh, you know by now that the only proof they need is their fake news sites.

Yeah Democrats control the fake news media.

 

[Leo123]

Another reality denier.

The reality denier is you. We now know that Covid was not the threat that Fauci and the Democrats told us it was. Most of US already knew that but you lefties marched in lock step with idiots like Birx and Fauci.

 

[Leo123]

Where’d that recession go? It’s been like a year since the right was celebrating the imaginary recession that they invented.

The housing and mortgage sector is suffering because of sky high inflation and interest rates. A harbinger of what is to come because of Biden/Democrat policies.

 

[22lcidw]

Ground quality Chuck for $1.99 a pound with that the price expectation for all types of beef would tell me we are okay. The worst part is that many people for politics believe what Joe says. Joe and his wife and his family are the ultimate parasites. 2nd and 3rd world nations have endless people like this. Their dead inside. They live great lives on the taxpayer. Joe was foisted on us for the Progressive Socialist Party first. Never forget that. The citizens come second in an agenda priority.

 

[Marener]

The housing and mortgage sector is suffering because of sky high inflation and interest rates. A harbinger of what is to come because of Biden/Democrat policies.

Interest rates at 5% isn’t sky high. You’re just used to the free money fed days of yore.

Why don’t we see the suffering in the data? Housing starts are higher now than any time during the Trump administration.

New Privately-Owned Housing Units Started: Total Units

View data of the total number of new privately owned homes that began construction in a given month, used as an indicator of economic strength.

fred.stlouisfed.org

 

[Marener]

Misery index is now lower than when Biden took office. Just FYI.

 

[Marener]

Prices wouldn't have soared so high if not for Biden's war on fossil fuels. They may have increased but not to the point where they affected the overall economy.

Nonsense. When the market bottomed out on oil during pandemic, they shut down so much production. Getting things started amid supply and labor shortages was incredibly difficult amid a global demand surge.

 

[iku]

Extremely Great inflation data this morning.

PCE is the FEDs preferred inflation gauge and it came in great across the board, increasing a meager 0.1% MoM and only 3.8% YoY, which is very close to the FED acceptable range.

Core PCE came in at just 0.3% MoM, which is getting very close to the FED's acceptable range.

Inflation is easing and the main causes, Putin's war and supply chain issues, are easing big time.

Commodities surged 80-100% in weeks, after the Putin war. Nat gas surged from $3 to $10+ and all commodities surged massively, that will cause inflation. The supply chain has finally been fixed and covid gone from china, and inflation is easing because of it.

PPI inflation has plummeted and is in deflation indicating more easing coming !

Personal income rose 0.4%, in another big positive.

Expect more easing of inflation, but continued strength in the economy with the best labor market in US history, and still a large amount of job openings with good pay supporting Americans. Build Back Better will also keep the labor market very strong.

Economic Calendar - Investing.com

Economic calendar: get indicators in real-time as economic events are announced and see the immediate global market impact - Including previous, forecast and actual figures.

www.investing.com

Sounds like the economy is working like it should.
Gentle reminder to Republicans

Biden’s approval numbers approximately match those of Ronald Reagan the July 4th weekend a year and a half before Ronald Reagan won re-election by the greatest landslide in modern times.

 

[Leo123]

Nonsense. When the market bottomed out on oil during pandemic, they shut down so much production. Getting things started amid supply and labor shortages was incredibly difficult amid a global demand surge.

Gasoline was lower even before the pandemic because of Trump's energy policy. Biden rescinded Trump's energy EOs and prices soared. You are the one spouting nonsense. Besides the Democrat created fake pandemic (for a yearly flu) further ruined the economy. Not to mention Fauci and Birx who should serve jail time.

 

[Synthaholic]

You lost. If you think everyone is price gouging, take advantage and sell stuff cheaper. If you can't then the prices and profits are reasonable.
1. So start a gas company and sell gas cheaper, you would corner the market.
2. So start a food company and sell food cheaper, you would corner the market.
3. So start a drug company and sell pharmaceuticals cheaper, you would corner the market.
4. So start a sweat shop and sell clothing cheaper, you would corner the market.
5. So start a car company and sell cars cheaper, you would corner the market.

No more complaining about Biden. Start your own country and run it the way you want.

You fucking idiot.

 

[Synthaholic]

So the other night, I watch this movie, where Henry Fonda, who has 10 children, marries Lucille Ball, who has 8 children.

They go grocery shopping. . . and their weekly grocery bill. . . which, I assume, is supposed to give the audience sticker shock? Was less than mine, for a SINGLE PERSON!

View attachment 800477View attachment 800478

Yours Mine And Ours 1968 Shopping Scene​

BREAKING: PRICES HAVE GONE UP SINCE THE 1960s!!!!!

 

[Leo123]

Misery index is now lower than when Biden took office. Just FYI.

Trump had a record low misery index at 6.6. As soon as Biden got elected it shot up to 15 in April 2020 and reaches as high as 12.66 in July 2022. Double digit misery index for most of Biden's Presidency. Last May it was at 7.7 which is higher than when he took office.

 

[Synthaholic]

Try $3.53, Simp.

AAA Gas Prices

$2.19, dumbass.

 

[Synthaholic]

“Between the swooning and cheering for the Wagner Group to take over Russia and its nukes, and the ongoing worship of the Azov Battalion,” added commentator Glenn Greenwald wryly. “I don't think there's been this much open cheering of actual Nazis since the Nuremberg rallies.”

That's a bunch of bullshit from the Putin-owned best buddy of Edward Snowden.