Inflation Plummeting Rapidly

[Synthaholic]

A fake pandemic.

Ok, off to my Ignore List. You're WAY too stupid to debate me, or for me to even see your brain-worm posts. I have little time for retards, and that time is already taken up by Scruffy, Lastamender, and Marvin Martian.

 

[bigrebnc1775]

Wow? They signed a peace deal in Europe

I missed that piece of news. You want to put a link to that for us. . . .

Shouldn't this piece of shit thread be placed in the conspiracy theory section?

 

[CrusaderFrank]

Pre Biden, tonic water was 79 cents, today it's $1.79. Saw it for $2.19 at Acme, used to be 3 for $2

 

[Marener]

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.

You might want to look again at who was president in April 2020.

 

[Marener]

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 Biden rescinded Trump's energy EOs and prices soared.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.

No, it wasn’t. It was because of unusual market circumstances that had nothing to do with Trump.

 

[westwall]

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

Every day, yet another wanker thread....

 

[MisterBeale]

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

As long as we both recognize, Keynesian economics robs wealth, productive capacity and resources from the poor, and transfers it to the ruling elites, the corporations, the private banks, and the government.

No surprise we should see a protest from you!!!!!!!!!!!

 

[Leo123]

You might want to look again at who was president in April 2020.

Democrat created pandemic.

 

[Marener]

Democrat created pandemic.

That makes no sense.

When was Biden elected?

 

[Leo123]

No, it wasn’t. It was because of unusual market circumstances that had nothing to do with Trump.

Yes it was, and I told you why. Your 'market circumstances' blanket statement is nothing but Democrat talking-point propaganda. They've been trying to use that one ever since Trump got elected and started Making America Great Again.

 

[MisterBeale]

Shouldn't this piece of shit thread be placed in the conspiracy theory section?

The establishment economists, the corporate and government controlled media, and the government have one POV on the handling of the economy, and they are going to do their best, to gas-light the masses with that POV.

Likewise, depending upon where you sit in the socioeconomic strata of society, this narrative is not entirely false, so to a large degree, a lot of folks can swallow it.

As far as that one tiny mis-statement? I am far too involved in this thread, to make any moderation decisions that would derail, a largely fruitful conversation, from both perspectives based on that.

You could file a report based on that alone, but I doubt anything would be done on that. It is a frivolous complaint, IMO. Not enough to trash a whole thread.

Banker had already made this EXACT SAME TOPIC, but, had been unable to hide his hyper-partisanship, and keep his venomous bile under-wraps for even the length required for a Title and an OP, so, his first attempt was trashed under the Clean Start rules;

https://www.usmessageboard.com/threads/bidens-booming-patriotic-data-has-all-the-republicans-triggered.1047506/

Folks just have an honest disagreement of how the labor situation is, and what the cost of survival is, based on their position in society.

Minimum wage workers, getting two or three jobs, just to pay the rent, make a car note, and cover insurance, living on food stamps because of the cost of food. . . IS NOT, a good indicator of a healthy economy, because off of, "record employment."

But the fools that run the government, and make the propaganda, can tell themselves, and try to gas-light the masses all they want, that it is. This type of situation will eventually lead to one thing, recession. (As some experts are claiming.)

. . . and they will all lie about what they plan to do about the situation, both parties.
Lucky for them, most of the people, don't have a clue they are all liars, IMO.

 

[bigrebnc1775]

The establishment economists, the corporate and government controlled media, and the government have one POV on the handling of the economy, and they are going to do their best, to gas-light the masses with that POV.

Likewise, depending upon where you sit in the socioeconomic strata of society, this narrative is not entirely false, so to a large degree, a lot of folks can swallow it.

As far as that one tiny mis-statement? I am far too involved in this thread, to make any moderation decisions that would derail, a largely fruitful conversation, from both perspectives based on that.

You could file a report based on that alone, but I doubt anything would be done on that. It is a frivolous complaint, IMO. Not enough to trash a whole thread.

Banker had already made this EXACT SAME TOPIC, but, had been unable to hide his hyper-partisanship, and keep his venomous bile under-wraps for even the length require for a Title and an OP, so, his first attempt was trashed under the Clean Start rules;

https://www.usmessageboard.com/threads/bidens-booming-patriotic-data-has-all-the-republicans-triggered.1047506/

Folks just have an honest disagreement of how the labor situation is, and what the cost of survival is, based on their position in society.

Minimum wage workers, getting two or three jobs, just to pay the rent, make a car note, and cover insurance, living on food stamps because of the cost of food. . . IS NOT, a good indicator of a healthy economy, because of, "record employment."

But the fools that run the government, and make the propaganda, can tell themselves, and try to gas-light the masses all they want, that it is. This type of situation will eventually lead to one thing, recession. (As some experts are claiming.)

. . . and they will all lie about what they plan to do about the situation, both parties.
Lucky for them, most of the people, don't have a clue they are all liars, IMO.

It's a conspriscay to make a claim that doesn't exist

 

[Leo123]

That makes no sense.

When was Biden elected?

Democrats via Fauci and Birx over ran the Trump administration using Bureaucratic power. They ran Scott Atlas, a colleague out, because he disagreed with masking and treatment. They framed him as a nut and CNN followed suit with the rest of the media. Turns out he was and is correct. None of the shut-downs were needed, we didn't need to vaccinate the whole population and there WERE successful therapies. One wonders how many unnecessary deaths these ghouls caused and why anyone would be so ignorant as you.

 

[Clipper]

The prices at the pump and in the grocery store say something very different.

"THAT'S WHAT SEAN HANNITY TOLD ME & I BELIEVE HIM"!

 

[MisterBeale]

It's a conspriscay to make a claim that doesn't exist

If I had to guess? I think it was mostly a compositional error?

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

Putting the Ukraine war, in the same causational chain of inflation as the COVID supply issues, and then, saying that both are going away?

That is just foolishness. No one really believes the Ukraine war is going to be over any time soon.

BUT, if the claim is that the war in Ukraine is the cause of inflation, and that is going away? I suppose it depends on one's POV?

'Putin's price hike' began long before Russian invasion of Ukraine, data show

The White House has increasingly blamed gas prices and high inflation on what it calls "Putin's price hike," but the phenomenon began well before the Russian invasion of Ukraine.

www.washingtonexaminer.com

How much blame does Putin deserve for high gasoline prices?

President Joe Biden recently cast blame for a spike in gas prices on Russian President Vladimir Putin. "We’ve seen the p

www.politifact.com

 

[blackhawk]

"THAT'S WHAT SEAN HANNITY TOLD ME & I BELIEVE HIM"!

That is what my eyes and my receipts tell me I believe them over any cable news host on any cable news network.

 

[Leo123]

"THAT'S WHAT SEAN HANNITY TOLD ME & I BELIEVE HIM"!

No need, just go buy some gas. Buy some food. Everything is more expensive with Bidenomics.

 

[ScorpioRising007]

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

Yep Biden is doing a good job after all to reduce inflation... and people have the nerve to say he is not a good president. Biden is way better than Trump on so many spectrums. After he gets elected for a 2nd term the numbers will look even better. Biden has done such a great job undermining Putin and making Putin fail to take Ukraine. I give most the credit to Biden for so many things.

 

[Ame®icano]

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

Inflation dropped? LOL, if you say so...

Introducing the ‘Presidential Inflation Rate’: Biden trails only Carter​

 

[Ame®icano]

The data is the data, and it says inflation is easing.

Except you did not provide any.
Talking points are not data.