Inflation Plummeting Rapidly

[Auld Phart]

Republicans: Biden controls inflation only if it’s bad news.

Republicans: Biden controls inflation only if it’s bad news.

Democrats: Trump controls inflation only if it’s bad news.

right?

 

[Lesh]

Funny I don't remember the pain when gas prices went down under Trump

Do you understand what the term “across the board” means?

Gas prices fluctuate. You seem to be asking for ALL prices to go down . THAT is deflationary and that is not good

 

[playtime]

Went down before that ..ooops

uh-huh - 'cause he & his panty waisted son-in-law bent over for the saudis.

oooopsiiiieeeee.....

 

[Harpy Eagle]

Funny I don't remember the pain when gas prices went down under Trump

But the 200 plus oil companies that went bankrupt do.

 

[Lesh]

so, counterfeiting has no impact on inflation?

If Russia or Germany had printed millions of dollars fake American money, it wouldn't affect inflation or the economy?

If it occurs on a massive scale it can have an effect. But that’s neither happening nor is it what we are discussing

 

[Manonthestreet]

Do you understand what the term “across the board” means?

Gas prices fluctuate. You seem to be asking for ALL prices to go down . THAT is deflationary and that is not good

Gas goes down...everything goes down...try to keep up

 

[Couchpotato]

Inflation doesn't have to affect everyone, just those that pay the increased prices. And, there are always bargains to be had during most economic circumstances.

I just bought a 'new' car, a cherry 2003 Mercury Grand Marquis LS, for $7000. Inflated new car prices never affect me as I stopped buying them years ago.

Used car prices are inflated as well. Im not sure how you can get around a currency losing value which is what inflation is. You paid almost 10k for a 20 year old car.

 

[Harpy Eagle]

Can we not all agree that inflation slowing down is a good thing?

 

[Oddball]

Inflation has no relation to the number of amount of paper money in circulation.

If you think it does you have no business being in this discussion

This is a special brand of autism...

 

[Yarddog]

Our President fixed inflation just like he promised

I just stopped into a 'nations' burger place a few days ago where I live , just to pick up two milk shakes. I hadnt done that in quite a while, so I gotta say I was shocked when the total came up to $13... just for two shakes. You could almost be pushing $100 dollars there to take out a family of five for burgers fries and shakes.... a bacon cheese burger there is $15.

everything is so expensive now , that 25 $ an hour job is the new $15 dollar an hour job. Biden has fixed nothing .

 

[Couchpotato]

Inflation has no relation to the number of amount of paper money in circulation.

If you think it does you have no business being in this discussion

What? If the Fed "printed" and put into circulation a trillion dollars of new money tmw it would 100% effect inflation.

 

[Lesh]

What? If the Fed "printed" and put into circulation a trillion dollars of new money tmw it would 100% effect inflation.

If you are talking about paper money it would be possible but that’s NOT what the government is doing or has done

 

[Burgermeister]

Biden is the king of printing money, and as usual, the pretext is war - well, an undeclared proxy war, but a war nonetheless.

M2

View data of a measure of the U.S. money supply that includes all components of M1 plus several less-liquid assets.

fred.stlouisfed.org

 

[Lesh]

I just stopped into a 'nations' burger place a few days ago where I live , just to pick up two milk shakes. I hadnt done that in quite a while, so I gotta say I was shocked when the total came up to $13... just for two shakes. You could almost be pushing $100 dollars there to take out a family of five for burgers fries and shakes.... a bacon cheese burger there is $15.

everything is so expensive now , that 25 $ an hour job is the new $15 dollar an hour job. Biden has fixed nothing .

You right wingers are so DESPERATE to hang on to the “oh the inflation “ argument even when it is failing

 

[Rocko]

Incredible and Beautiful Inflation data this morning.

Core Inflation came in at just 0.2% inc. That is the FED's target !!!

The facts are in. Inflation was due to Putin's war and supply chain problems, and all the fake money Trump printed during his presidency.

Rate cuts coming soon !

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 was at a 40 year high before the war in the Ukraine

 

[Lesh]

Gas goes down...everything goes down...try to keep up

Prices fluctuate. And they are doing that.

But an overall across the board decrease in prices has a name

Deflation and it’s a bad thing.

You seem to want that

 

[Faun]

Funny I don't remember the pain when gas prices went down under Trump

Then you're living in an alternate universe.

 

[Couchpotato]

If you are talking about paper money it would be possible but that’s NOT what the government is doing or has done

Who cares if it's paper money or not? The effect is the same. More money in the system equates to that money being worth less and inflation. Is a loaf of bread intrinsically worth more today than it was 50 years ago?

The average price of a loaf of bread in 1990 was 70 cents. Today it's about triple that. Is a loaf of bread today 3 times as valuable as it was in 1990 or is the money we are trading for the bread only worth a third.

United States - Currency in Circulation - 2024 Data 2025 Forecast 1917 Historical

United States - Currency in Circulation was 2345.90500 Bil. of $ in April of 2024, according to the United States Federal Reserve. Historically, United States - Currency in Circulation reached a record high of 2345.90500 in April of 2024 and a record low of 3.71400 in August of 1917. Trading...

tradingeconomics.com

Cant imagine where all this inflation comes from....

 

[theHawk]

Incredible and Beautiful Inflation data this morning.

Core Inflation came in at just 0.2% inc. That is the FED's target !!!

The facts are in. Inflation was due to Putin's war and supply chain problems, and all the fake money Trump printed during his presidency.

Rate cuts coming soon !

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

You’re lying again. Inflation is at 3%, not 0.2%.

It is STILL rising and we have a long way to go to bring prices back down to Trump era prices.

 

[Couchpotato]

Inflation was at a 40 year high before the war in the Ukraine

That was Trump's fault.