More Incredible Data on Inflation this Morning !!!

[Votto]

I tried chocolate covered crickets, but the legs got stuck between my teeth.

That's why they spit out all that brown juice out of their mouths, to help grease up their innards so they don't get stuck in your teeth..

 

[Toro]

Core PCE, just a 0.1% inc MoM!!!!

Bye bye inflation !

Inflation is now very low and the FED can cut rates !

Inflation was transitory after all !

FACTS !

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

Yeah, I wouldn't be spiking the football quite yet.

 

[HikerGuy83]

You are clueless to reality

That is so ironic.

Grocery prices are 20%+ higher and have not come down.

The damage is done. People's wages increase barely faster than current inflation will not make up for a long long long time, the ground they lost in the last 15 months.

They are screwed.

And you are the one who is cluless.

 

[HikerGuy83]

The economy did not boom in 2021?

No. It partially recovered. There is a huge difference.

Your lies are so apparent.

 

[The Banker]

That is so ironic.

Grocery prices are 20%+ higher and have not come down.

The damage is done. People's wages increase barely faster than current inflation will not make up for a long long long time, the ground they lost in the last 15 months.

They are screwed.

And you are the one who is cluless.

Yea Trump's mega massive out of control spending and massive free money handouts have caused a big inc in inflation. Thanks Trump...

What did you think was going to happen when Trump handed out trillions to people? What did you think was going to happen when Trump gave us 25% of our total debt in just 4 years?

Trump was such a bad president his fuck ups will haunt us for years

 

[Toddsterpatriot]

now you are going to say +0.1% MoM PCE is not very good??

PCE was not +0.1% MoM.

 

[Toddsterpatriot]

What did you think was going to happen when Trump gave us 25% of our total debt in just 4 years?

Obama gave us more than 50% in 8 years.

 

[Wiggle_Piggy]

DeSantis said it best in the debate.

trump had $7+T in debt and his debt caused the inflation we have now. Trump gave us all this debt and fake money and handouts, he owns this inflation

Debt doesn’t cause inflation. Printing money by the billions to use on govt programs and aid to Ukraine does cause inflation, and that’s what Biden has done

 

[HikerGuy83]

Yea Trump's mega massive out of control spending and massive free money handouts have caused a big inc in inflation. Thanks Trump...

What did you think was going to happen when Trump handed out trillions to people? What did you think was going to happen when Trump gave us 25% of our total debt in just 4 years?

Trump was such a bad president his fuck ups will haunt us for years

You just can't help but lie.

Biden is now 1.5 trillion ahead of Trump and it took one year less to get there. For 3 years, Trumps deficits were well below Obama's average (in those first 3 years he was well below a Trillion while Obama was above 1 Trillion for the first four years...and I mean way above 1 Trillion).

Biden was well over 2.5 Trillion his first year and he's on his way to 2 Trillion this year.

Bidenomics has totally screwed the American people and they will exact it from you asswipes in 2024.

Those are the facts SFB's. Biden and Obama haunting us for a long long time.

Funny how there a good chance Trump takes over again in 2024 because people know how to see through your kind of ranting B.S.

 

[HikerGuy83]

Obama gave us more than 50% in 8 years.

Yep, our resident schill (The Banker) can't help herself.

She's programmed like some kind of droid to spout B.S. in the face of overwhelming evidence of Biden's incompetency.

 

[The Banker]

Debt doesn’t cause inflation. Printing money by the billions to use on govt programs and aid to Ukraine does cause inflation, and that’s what Biden has done

What printing??
huh??What printing, you don't know anything about printing.

The FED is doing Quantitative Tightening, that means they are taking more out of the system. They sure as shit are not printing money now. They are borrowing money.

You say "printing money by the billions" Trump printed money by the trillions during his presidency and Trump had the FED do the biggest QE program ever, Trump even had QE in 2019 before covid because his economy was weak.

Trump had the most money printing ever in US history. The inflation we have now is a direct result of all the trillions the FED printed under Trump, the mega massive out of control spending and debt and deficit Trump had, the massive amount of money Trump handed out to everyone, and the impacts of the war in Ukraine.

Here ya go, study it, this is the record money printing under Trump, notice how it is dropping under Biden:

 

[Toddsterpatriot]

Trump even had QE in 2019 before covid because his economy was weak.

Liar.
Real GDP 2019 Q1 +2.2%
Real GDP 2019 Q2 +3.4%
Real GDP 2019 Q3 +4.6%
Real GDP 2019 Q4 +2.6%

 

[The Banker]

Liar.
Real GDP 2019 Q1 +2.2%
Real GDP 2019 Q2 +3.4%
Real GDP 2019 Q3 +4.6%
Real GDP 2019 Q4 +2.6%

FALE DATA.

Real GDP was only +2.3% for 2019, your numbers are bullshit.

The numbers are pretty much the same as Obama's in 2016, except Trump is running a much bigger deficit and needed QE in 2019:

https://www.bea.gov/news/2020/gross-domestic-product-fourth-quarter-and-year-2019-advance-estimate

 

[Markle]

Core PCE, just a 0.1% inc MoM!!!!

Bye bye inflation !

Inflation is now very low and the FED can cut rates !

Inflation was transitory after all !

FACTS !

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

Key Fed inflation gauge accelerated again in August as high prices persist

An inflation measure that is closely watched by the Federal Reserve accelerated in August, underscoring the challenge in combating steep consumer prices.

www.foxbusiness.com

 

[The Banker]

You just can't help but lie.

Biden is now 1.5 trillion ahead of Trump and it took one year less to get there. For 3 years, Trumps deficits were well below Obama's average (in those first 3 years he was well below a Trillion while Obama was above 1 Trillion for the first four years...and I mean way above 1 Trillion).

Biden was well over 2.5 Trillion his first year and he's on his way to 2 Trillion this year.

Bidenomics has totally screwed the American people and they will exact it from you asswipes in 2024.

Those are the facts SFB's. Biden and Obama haunting us for a long long time.

Funny how there a good chance Trump takes over again in 2024 because people know how to see through your kind of ranting B.S.

Trump started his presidency with a low $500B/yr deficit. Trump finished his presidency with a mega massive $3+T/yr deficit

Biden started his presidency with the $3+T/yr Trump deficit, Biden lowered that all the way down to $1.3T/yr in 2022. Biden has lowered the deficit massively. Trump blew up the deficit massively.

 

[The Banker]

Key Fed inflation gauge accelerated again in August as high prices persist

An inflation measure that is closely watched by the Federal Reserve accelerated in August, underscoring the challenge in combating steep consumer prices.

www.foxbusiness.com

AHAHAHA !!

LIES. Typical Fox News BS

The FED's prefered inflation gauge is core PCE not the non core stated in Fake Fox News

Core PCE inc only a little +0.1% MoM !!! The FED will cut rates when needed!

 

[Toddsterpatriot]

FALE DATA.

Real GDP was only +2.3% for 2019, your numbers are bullshit.

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

It's right at the link. Moron.

 

[Toddsterpatriot]

FALE DATA.

Real GDP was only +2.3% for 2019, your numbers are bullshit.

The numbers are pretty much the same as Obama's in 2016, except Trump is running a much bigger deficit and needed QE in 2019:

https://www.bea.gov/news/2020/gross-domestic-product-fourth-quarter-and-year-2019-advance-estimate

Thanks for the link (LOL!)

Did you read it?

DURR

 

[Toddsterpatriot]

Biden started his presidency with the $3+T/yr Trump deficit, Biden lowered that all the way down to $1.3T/yr in 2022. Biden has lowered the deficit massively.

Is Biden's deficit going to be $2 trillion this year?

Deficit Tracker | Bipartisan Policy Center

Even as the U.S. economy expands, the federal government continues to run large and growing budget deficits that will soon exceed $1 trillion per…

bipartisanpolicy.org

 

[The Banker]

View attachment 836033

Real Gross Domestic Product | FRED | St. Louis Fed

View the annual rate of economic output, or the inflation-adjusted value of all new goods and services produced by labor and property located in the U.S.

fred.stlouisfed.org

It's right at the link. Moron.

Here is the real data, from the real source

Real GDP came in at 2.3% for the year. Too bad, you lose like always.

https://www.bea.gov/news/2020/gross-domestic-product-fourth-quarter-and-year-2019-advance-estimate