These statements about transitory inflation are bs, it is INFLATION!

Discussion in 'Politics' started by wildchild, Nov 26, 2021.

  1. Yeh well, I would not characterize that anticipated June rate cut coming up anytime soon either.
     
    #791     Apr 10, 2024
  2. UsualName

    UsualName

    I didn’t anticipate it. As I have been saying for some time now, I don’t anticipate any rate cuts this year.

    Foe the record, the Fed should have been cutting rates.
     
    #792     Apr 10, 2024
  3. Yeh. I know it is part of your kabuki dance: "I don't think there is any problem with inflation but no way do I expect those rate cuts." Heh. Maybe it's because of that inflation that everyone else sees.

    Also 3% is the new 2% as the goalpost keeps getting moved.

    More to come. And there has been plenty already.
     
    #793     Apr 10, 2024



  4. Car insurance (up 22%) and car repair.

    Goods deflation is back.
     
    #794     Apr 10, 2024
  5. UsualName

    UsualName

    You’re quibbling. I don’t expect rate cuts because the job market is so hot. The only problem inside of cpi is really housing.
     
    #795     Apr 10, 2024
  6. Yup. Other than gas, housing, and food everything is groovy in the economy.

    And don't quibble me back into headline versus core and and that jive.

    That's beltway talk. Not main street voters.
     
    #796     Apr 10, 2024
  7. Mercor

    Mercor

    Here is the Commodity Index
    This movement will show up in goods over the next quarter
    ...but remember its only transitory..It will only last one Biden term

    upload_2024-4-10_14-21-6.png
     
    #797     Apr 10, 2024



  8. Whitey World still doesn't understand transitory.


    What's funny is that Mercor, a DeSantis supporter, still posts after stating that Trump could use DJT stock to buy a media company.
     
    Last edited: Apr 10, 2024
    #798     Apr 10, 2024
  9. [​IMG]


    Too many people still live in the 1970's............

    (The noise is muted).
     
    #799     Apr 10, 2024
  10. Mercor

    Mercor

    The chart shows that every penny increase is still there from day one.
    Prices up a total of almost 20% since Joe first woke up in the WhiteHouse

    Yes, someone will need to buy CNN before bankruptcy
     
    #800     Apr 10, 2024