Why inflation may persist

[Harpy Eagle]

Exactly! It's not an increase in the general price level if you have no money and you go without.

and yet that is what has been happening for the last few years....I guess you think there was no inflation over the last few years.

I am sure Biden will agree with you.

 

[otto105]

How many of those arrived under Biden?

Hilarious

Answer the question

 

[Toddsterpatriot]

and yet that is what has been happening for the last few years....I guess you think there was no inflation over the last few years.

I am sure Biden will agree with you.

Yes, the general price level has been rising the last few years, but not because of tariffs.

 

[Toddsterpatriot]

Hilarious

Answer the question

We'd see fewer dairy farms, and the survivors would use more automation.

Your turn.

 

[Harpy Eagle]

Yes, the general price level has been rising the last few years, but not because of tariffs.

Indeed, as the tariffs had stabilized since Biden kept the Trump tariffs (both sides just fucking love tariffs) .

But now Trump is talking about making tariffs 100%, so we will again experience a rise in prices. If it makes it happy to not call prices going up inflation, then I am happy for you!

 

[Harpy Eagle]

We'd see fewer dairy farms, and the survivors would use more automation.

Your turn.

Do you think that is good for the consumer?

 

[Natural Citizen]

Inflation by definition is the expansion of the supply of currency and credit which, by default, results in a loss of purchasing power.

Anything else (like this whole thread so far) is merely consequential and after the fact.

Unfortunately, the latter seems to historically dominate dialogue and people confuse the consequences of inflation with the actual and fundamentall cause of inflation.

Just a biig old circle jerk, really...

 

[Toddsterpatriot]

Do you think that is good for the consumer?

Depends.

If it makes our milk a bit cheaper, should we keep all 10+ millions of Biden's unvetted illegal aliens?

 

[Toddsterpatriot]

Inflation by definition is the expansion of the supply of currency and credit which, by default, results in a loss of purchasing power.

Anything else (like this whole thread so far) is merely consequential and after the fact.

Unfortunately, the latter seems to historically dominate dialogue and people confuse the consequences of inflation with the actual and fundamentall cause of inflation.

Just a biig old circle jerk, really...

Inflation by definition is the expansion of the supply of currency and credit which, by default, results in a loss of purchasing power.

If currency and credit expands by 1% while output expands by 3%, how much is the loss of purchasing power?

 

[otto105]

We'd see fewer dairy farms, and the survivors would use more automation.

Your turn.

We would se a lot fewer farms and automation is very expensive. You would also see a further decline in rural areas as corporate farms took over.

But you would be fine with that. Get those colored people out.

 

[Harpy Eagle]

We would se a lot fewer farms and automation is very expensive. You would also see a further decline in rural areas as corporate farms took over.

But you would be fine with that. Get those colored people out.

anything to get the brown people away from him

 

[Toddsterpatriot]

We would se a lot fewer farms and automation is very expensive. You would also see a further decline in rural areas as corporate farms took over.

But you would be fine with that. Get those colored people out.

If we need dairy workers, I'm all in favor of a temporary work visa program.

 

[initforme]

We'd see fewer dairy farms, and the survivors would use more automation.

Your turn.

So that's coming regardless. So be it.

 

[Harpy Eagle]

If we need dairy workers, I'm all in favor of a temporary work visa program.

Have you ever voted for anyone that tried to implement such a thing?

 

[Toddsterpatriot]

Have you ever voted for anyone that tried to implement such a thing?

Pretty sure we've had temporary work visas for decades.

 

[otto105]

If we need dairy workers, I'm all in favor of a temporary work visa program.

Hilarious

How about those orange laborers in Florida.

 

[Toddsterpatriot]

Hilarious

How about those orange laborers in Florida.

What about them?

 

[initforme]

We need less laborers. There's way too many now. It's hurting the economy.

 

[schmidlap]

The gloom and doom brigade will persist in gnashing their tooth, but the nation's vibrant economy is impervious to the hand-wringing of hyper-partisan ideologues. All things considered, the U.S. is doing quite well!

The U.S. economy is the most dynamic it’s ever been as
AI and infrastructure overpower Fed rate hikes

US job gains surge past expectations, wage growth quickens

Wall Street edges to more records

Fed Officials See Positive Development in Latest Inflation Report
​

Elsewhere,

Trump Slams US Economy

Trump Criticizes Taylor Swift In GOP Meeting​

 

[westwall]

The gloom and doom brigade will persist in gnashing their tooth, but the nation's vibrant economy is impervious to the hand-wringing of hyper-partisan ideologues. All things considered, the U.S. is doing quite well!

The U.S. economy is the most dynamic it’s ever been as
AI and infrastructure overpower Fed rate hikes

US job gains surge past expectations, wage growth quickens

Wall Street edges to more records

Fed Officials See Positive Development in Latest Inflation Report
​

Elsewhere,

Trump Slams US Economy

Trump Criticizes Taylor Swift In GOP Meeting​

What a load of bullshit. Your specialty!