Key inflation cause: Republican policy

Nostra · Jan 4, 2023

pknopp said:
Right.

So not a Republican policy.

citygator · Jan 4, 2023

Nostra said:
It wasn’t Republican policy to pay people to sit at home in their ass, Simp.

Once again, what Republican policy caused worldwide supply shortages?

None. Republicans did not cause the world wide supply shortage. Covid did.

The5thHorseman · Jan 4, 2023

pknopp said:
Did you have something to say?

Have you ever seen the formula for pricing a commodity futures contract?

Count the variables...each has "fundamentals".

pknopp · Jan 4, 2023

The5thHorseman said:
Have you ever seen the formula for pricing a commodity futures contract?

Count the variables...each has "fundamentals".

And yet, there doesn't seem to be an issue.

WTH_Progs? · Jan 4, 2023

citygator said:
If you look at the U.S. economy has prospered under democrats but not republicans. GDP growth higher, unemployment lower is the trend even pre pandemic.

Neat story you like to repeat. History doesn't agree, but then you're a mouth with nothing behind it:

YR	POTUS	SEN	CON	UN-EMP	POV	Crime	GDP	Misery Ave.	30-yr Mort. Rate	INFLATION	Debt
75	Ford	Dem	Dem	8.48	12.3	5.30%	-0.21%	15.10%	9.05%	9.14%	533.2 B
76	Ford	Dem	Dem	7.7	11.8	5.29%	5.39%	12.70%	8.87%	5.74%	620.4 B
77	Carter	Dem	Dem	7.05	11.6	5.08%	4.62%	13.10%	8.85%	6.50%	699.8 B
78	Carter	Dem	Dem	6.07	11.4	5.14%	5.54%	15.00%	9.64%	7.63%	771.5 B
79	Carter	Dem	Dem	5.85	11.7	5.57%	3.17%	19.30%	11.20%	11.25%	826.5 B
80	Carter	Dem	Dem	7.18	13	5.95%	-0.26%	19.70%	13.74%	13.55%	907.7 B
81	Reagan	Rep	Dem	7.62	14	5.86%	2.54%	12.19%	16.63%	10.33%	997.9 B
82	Reagan	Rep	Dem	9.71	15	5.60%	-1.80%	12.19%	16.04%	6.13%	1.14 T
83	Reagan	Rep	Dem	9.6	15.2	5.18%	4.58%	12.19%	13.24%	3.21%	1.38 T
84	Reagan	Rep	Dem	7.51	14.4	5.03%	7.24%	12.19%	13.88%	4.30%	1.57 T
85	Reagan	Rep	Dem	7.19	14	5.21%	4.17%	12.19%	12.43%	3.55%	1.82 T
86	Reagan	Rep	Dem	7	13.6	5.50%	3.46%	12.19%	10.19%	1.90%	2.13 T
87	Reagan	Dem	Dem	6.18	13.4	5.58%	3.46%	12.19%	10.21%	3.66%	2.35 T
88	Reagan	Dem	Dem	5.49	13	5.66%	4.18%	12.19%	10.34%	4.08%	2.60 T
89	Bush	Dem	Dem	5.26	12.8	5.74%	3.68%	10.68%	10.32%	4.83%	2.86 T
90	Bush	Dem	Dem	5.62	13.5	5.82%	-1.79%	10.68%	10.13%	5.40%	3.23 T
91	Bush	Dem	Dem	6.85	14.2	5.90%	-1.99%	10.68%	9.25%	4.24%	3.67 T
92	Bush	Dem	Dem	7.49	14.8	5.66%	3.52%	10.68%	8.39%	3.03%	4.06 T
93	Clinton	Dem	Dem	6.91	15.1	5.48%	2.75%	9.20%	7.31%	2.95%	4.41 T
94	Clinton	Dem	Dem	6.1	14.5	5.37%	4.03%	8.20%	8.38%	2.61%	4.70 T
95	Clinton	Rep	Rep	5.59	13.8	5.28%	2.68%	8.10%	7.93%	2.81%	4.98 T
96	Clinton	Rep	Rep	5.41	13.7	5.09%	3.77%	8.70%	7.81%	2.93%	5.22 T
97	Clinton	Rep	Rep	4.94	13.3	4.93%	4.45%	6.40%	7.60%	2.34%	5.41 T
98	Clinton	Rep	Rep	4.5	12.7	4.62%	4.48%	6.00%	6.94%	1.55%	5.53 T
99	Clinton	Rep	Rep	4.22	11.9	4.27%	4.75%	6.70%	7.44%	2.19%	5.66 T
0	Clinton	Rep	Rep	3.97	11.3	4.12%	-0.63%	7.30%	8.05%	3.38%	5.67 T
1	Bush	Dem	Rep	4.74	11.7	4.16%	-3.13%	7.30%	6.97%	2.83%	5.80 T
2	Bush	Dem	Rep	5.78	12.1	4.13%	1.74%	8.40%	6.54%	1.59%	6.23 T
3	Bush	Rep	Rep	5.99	12.5	4.07%	2.86%	7.60%	5.83%	2.27%	6.78 T
4	Bush	Rep	Rep	5.54	12.7	3.98%	3.80%	8.70%	5.84%	2.68%	7.38 T
5	Bush	Rep	Rep	5.08	12.6	3.90%	3.51%	8.30%	5.87%	3.39%	7.93 T
6	Bush	Rep	Rep	4.61	12.3	3.81%	2.86%	6.90%	6.41%	3.23%	8.50 T
7	Bush	Dem	Dem	4.62	12.5	3.73%	1.88%	9.10%	6.34%	2.85%	9.07 T
8	Bush	Dem	Dem	5.8	13.2	3.67%	-0.14%	7.40%	6.03%	3.84%	10.02 T
9	Obama	Dem	Dem	9.28	14.3	3.51%	-2.54%	12.60%	5.04%	-0.36%	11.90 T
10	Obama	Dem	Dem	9.61	15.1	3.35%	2.56%	10.80%	4.69%	1.64%	13.56 T
11	Obama	Dem	Rep	8.93	15	3.29%	1.55%	11.50%	4.45%	3.16%	14.79 T
12	Obama	Dem	Rep	8.08	15	3.26%	2.25%	9.60%	3.66%	2.07%	16.06 T
13	Obama	Dem	Rep	7.36	14.8	3.11%	1.84%	8.20%	3.98%	1.46%	16.74 T
14	Obama	Dem	Rep	6.16	14.8	2.95%	2.53%	6.40%	4.17%	1.62%	17.82 T
15	Obama	Rep	Rep	5.28	13.5	2.89%	2.91%	5.70%	3.85%	0.12%	18.15 T
16	Obama	Rep	Rep	4.88	12.7	2.85%	1.64%	6.80%	3.65%	1.26%	19.57 T
17	Trump	Rep	Rep	4.35	12.3	2.76%	2.37%	6.30%	3.99%	2.13%	20.24 T
18	Trump	Rep	Rep	3.89	11.8	2.59%	2.93%	5.80%	4.54%	2.44%	21.52 T
19	Trump	Rep	Dem	3.68	10.5	2.49%	2.16%	5.80%	3.94%	1.81%	22.71 T
20	Trump	Rep	Dem	6.7	11.7	4.70%	-3.30%	6.6	3.11%	1.25%	26.95 T
21	Xiden	Dem	Dem	3.9	Pend.	Pend.	5.70%	10.94	3.67%	7.00%	30T
22	Xiden	Dem	Dem	3.7	Pend.	Pend.	-0.60%	12.66	7.00%	14.50%	31.2T

Nostra · Jan 4, 2023

citygator said:
None. Republicans did not cause the world wide supply shortage. Covid did.

So you lied when you said it was Republican policies that caused inflation.

The5thHorseman · Jan 4, 2023

Nostra said:
It wasn’t Republican policy to pay people to sit at home in their ass, Simp.

Once again, what Republican policy caused worldwide supply shortages?

The fuck it wasn't....

It began in 2020.

The5thHorseman · Jan 4, 2023

WTH_Progs? said:
Neat story you like to repeat. History doesn't agree, but then you're a mouth with nothing behind it:

YR POTUS SEN CON UN-EMP POV Crime GDP Misery Ave. 30-yr Mort.
Rate INFLATION Debt
75
Ford Dem Dem
8.48
12.3
5.30%
-0.21%
15.10%
9.05%
9.14%
533.2 B
76
Ford Dem Dem
7.7
11.8
5.29%
5.39%
12.70%
8.87%
5.74%
620.4 B
77
Carter Dem Dem
7.05
11.6
5.08%
4.62%
13.10%
8.85%
6.50%
699.8 B
78
Carter Dem Dem
6.07
11.4
5.14%
5.54%
15.00%
9.64%
7.63%
771.5 B
79
Carter Dem Dem
5.85
11.7
5.57%
3.17%
19.30%
11.20%
11.25%
826.5 B
80
Carter Dem Dem
7.18
13
5.95%
-0.26%
19.70%
13.74%
13.55%
907.7 B
81
Reagan Rep Dem
7.62
14
5.86%
2.54%
12.19%
16.63%
10.33%
997.9 B
82
Reagan Rep Dem
9.71
15
5.60%
-1.80%
12.19%
16.04%
6.13%
1.14 T
83
Reagan Rep Dem
9.6
15.2
5.18%
4.58%
12.19%
13.24%
3.21%
1.38 T
84
Reagan Rep Dem
7.51
14.4
5.03%
7.24%
12.19%
13.88%
4.30%
1.57 T
85
Reagan Rep Dem
7.19
14
5.21%
4.17%
12.19%
12.43%
3.55%
1.82 T
86
Reagan Rep Dem
7
13.6
5.50%
3.46%
12.19%
10.19%
1.90%
2.13 T
87
Reagan Dem Dem
6.18
13.4
5.58%
3.46%
12.19%
10.21%
3.66%
2.35 T
88
Reagan Dem Dem
5.49
13
5.66%
4.18%
12.19%
10.34%
4.08%
2.60 T
89
Bush Dem Dem
5.26
12.8
5.74%
3.68%
10.68%
10.32%
4.83%
2.86 T
90
Bush Dem Dem
5.62
13.5
5.82%
-1.79%
10.68%
10.13%
5.40%
3.23 T
91
Bush Dem Dem
6.85
14.2
5.90%
-1.99%
10.68%
9.25%
4.24%
3.67 T
92
Bush Dem Dem
7.49
14.8
5.66%
3.52%
10.68%
8.39%
3.03%
4.06 T
93
Clinton Dem Dem
6.91
15.1
5.48%
2.75%
9.20%
7.31%
2.95%
4.41 T
94
Clinton Dem Dem
6.1
14.5
5.37%
4.03%
8.20%
8.38%
2.61%
4.70 T
95
Clinton Rep Rep
5.59
13.8
5.28%
2.68%
8.10%
7.93%
2.81%
4.98 T
96
Clinton Rep Rep
5.41
13.7
5.09%
3.77%
8.70%
7.81%
2.93%
5.22 T
97
Clinton Rep Rep
4.94
13.3
4.93%
4.45%
6.40%
7.60%
2.34%
5.41 T
98
Clinton Rep Rep
4.5
12.7
4.62%
4.48%
6.00%
6.94%
1.55%
5.53 T
99
Clinton Rep Rep
4.22
11.9
4.27%
4.75%
6.70%
7.44%
2.19%
5.66 T
0
Clinton Rep Rep
3.97
11.3
4.12%
-0.63%
7.30%
8.05%
3.38%
5.67 T
1
Bush Dem Rep
4.74
11.7
4.16%
-3.13%
7.30%
6.97%
2.83%
5.80 T
2
Bush Dem Rep
5.78
12.1
4.13%
1.74%
8.40%
6.54%
1.59%
6.23 T
3
Bush Rep Rep
5.99
12.5
4.07%
2.86%
7.60%
5.83%
2.27%
6.78 T
4
Bush Rep Rep
5.54
12.7
3.98%
3.80%
8.70%
5.84%
2.68%
7.38 T
5
Bush Rep Rep
5.08
12.6
3.90%
3.51%
8.30%
5.87%
3.39%
7.93 T
6
Bush Rep Rep
4.61
12.3
3.81%
2.86%
6.90%
6.41%
3.23%
8.50 T
7
Bush Dem Dem
4.62
12.5
3.73%
1.88%
9.10%
6.34%
2.85%
9.07 T
8
Bush Dem Dem
5.8
13.2
3.67%
-0.14%
7.40%
6.03%
3.84%
10.02 T
9
Obama Dem Dem
9.28
14.3
3.51%
-2.54%
12.60%
5.04%
-0.36%
11.90 T
10
Obama Dem Dem
9.61
15.1
3.35%
2.56%
10.80%
4.69%
1.64%
13.56 T
11
Obama Dem Rep
8.93
15
3.29%
1.55%
11.50%
4.45%
3.16%
14.79 T
12
Obama Dem Rep
8.08
15
3.26%
2.25%
9.60%
3.66%
2.07%
16.06 T
13
Obama Dem Rep
7.36
14.8
3.11%
1.84%
8.20%
3.98%
1.46%
16.74 T
14
Obama Dem Rep
6.16
14.8
2.95%
2.53%
6.40%
4.17%
1.62%
17.82 T
15
Obama Rep Rep
5.28
13.5
2.89%
2.91%
5.70%
3.85%
0.12%
18.15 T
16
Obama Rep Rep
4.88
12.7
2.85%
1.64%
6.80%
3.65%
1.26%
19.57 T
17
Trump Rep Rep
4.35
12.3
2.76%
2.37%
6.30%
3.99%
2.13%
20.24 T
18
Trump Rep Rep
3.89
11.8
2.59%
2.93%
5.80%
4.54%
2.44%
21.52 T
19
Trump Rep Dem
3.68
10.5
2.49%
2.16%
5.80%
3.94%
1.81%
22.71 T
20
Trump Rep Dem
6.7
11.7
4.70%
-3.30%
6.6
3.11%
1.25%
26.95 T
21
Xiden Dem Dem
3.9
Pend. Pend.
5.70%
10.94
3.67%
7.00%
30T
22
Xiden Dem Dem
3.7
Pend. Pend.
-0.60%
12.66
7.00%
14.50%
31.2T

It is certainly true since 1989.

The5thHorseman · Jan 4, 2023

Nostra said:
So you lied when you said it was Republican policies that caused inflation.

Read the OP.

Nostra · Jan 4, 2023

The5thHorseman said:
The fuck it wasn't....

It began in 2020.

Already covered, Simp. :itsok:

The5thHorseman · Jan 4, 2023

pknopp said:
Did you have something to say?

Yea....

When talking energy, "fundamentals" go beyond simple supply and demand dynamics.

The5thHorseman · Jan 4, 2023

Nostra said:
Already covered, Simp.

Then why did you lie....again?

Nostra · Jan 4, 2023

The5thHorseman said:
Then why did you lie....again?

pknopp · Jan 4, 2023

The5thHorseman said:
Yea....

When talking energy, "fundamentals" go beyond simple supply and demand dynamics.

Yeah, there are corporate profits to consider.

The5thHorseman · Jan 4, 2023

pknopp said:
Yeah, there are corporate profits to consider.

In the case of majors, perhaps....but for drillers who had been selling at, or below breakeven, it was just an opportunity to discharge high levels of debt.

pknopp · Jan 4, 2023

The5thHorseman said:
In the case of majors, perhaps....but for drillers who had been selling at, or below breakeven, it was just an opportunity to discharge high levels of debt.

Drillers don't set the prices. Hedge funds that never actually take control of a drop of oil, do.

The5thHorseman · Jan 4, 2023

pknopp said:
Drillers don't set the prices. Hedge funds that never actually take control of a drop of oil, do.

As commodity producers, they are price takers.

But they also use the futures markets to hedge production.

Pure speculation in oil futures is normally not a big game....though I too believe it played a role in 2008.

The returns tend to come, not from returns on oil price volatility, but from storage and interest.

WTH_Progs? · Jan 4, 2023

The5thHorseman said:
It is certainly true since 1989.

Rapidly incorrect.

The5thHorseman · Jan 4, 2023

WTH_Progs? said:
Rapidly incorrect.

Look at avg annual gdp growth and net additions to private industry payrolls.

Hollaback...

WTH_Progs? · Jan 5, 2023

The5thHorseman said:
Look at avg annual gdp growth and net additions to private industry payrolls.

Hollaback...

Alrighty then, though really, it's a bit a trickery on your part to ask since 1989, because before that doesn't serve you.

Since 89:
Democrat POTUS average 2.45% GDP growth and Republicans 1.31%.

Course Clinton had the benefit of lasting Reaganomics, a great new economy with Dot.com, and Chinese trade was greatly enhanced.

Xiden and Obama had benefit of prior recessions, and what's down must come up, right? All while Republican POTUS saw 9-11, dot.com crash, the housing crash, and let's not forget COVID of which the Democrats shut everything down.

But wait, let's look at a Republican majority in both houses to a Democrat majority. I anticipate your surprise.

Since 89:
Democrat majority average 1.42% GDP growth and Republicans 3.03% .

And without looking a Republican held Congress will blow Democrats out of the water. Especially since the 70s, no comparison.

Hollaback

Key inflation cause: Republican policy

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Upper, middle and lower classes...

Think your bills are high now? All the tax hikes hitting Americans on January 1 revealed

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