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re: Inflation rises 7% over the past year, highest since 1982

Posted on 1/13/22 at 7:27 am to
Posted by SB9513
Member since Dec 2019
148 posts
Posted on 1/13/22 at 7:27 am to
That would simply mean small rate changes would have a large impact. The only option is to raise rates, how much is the real question. The money supply has been so inflated in additiob to constant rate drops. If something isn't done it will just spiral out of control. I agree with you though, everything needs to be considered, you can't just raise rates at an arbitrary rate just for the sake of doing it. It has to be calculated.
This post was edited on 1/13/22 at 7:29 am
Posted by NPComb
Member since Jan 2019
27570 posts
Posted on 1/13/22 at 7:31 am to
quote:

whatiknowsofar


quote:

Or maybe when you shut a country down for a year things don't magically return to normal for a while.


You voted for this

Also, props to you for at least admitting this shite isn’t normal but have a downvote anyway.
Posted by azcatiger
somewhere
Member since Mar 2011
4533 posts
Posted on 1/13/22 at 8:06 am to
The real number is more like 15%. Let that sink in.
Posted by PureBlood
The Motherland
Member since Oct 2021
4103 posts
Posted on 1/13/22 at 8:10 am to
quote:

Everyone who voted Democrat voted for this.



Thanks for the paycut... you midget brained frickheads.


Seriously, sit the next election out.
Posted by DownshiftAndFloorIt
Here
Member since Jan 2011
66763 posts
Posted on 1/13/22 at 8:40 am to
And your annual 3% COL raise actually amounts to a 12% pay cut.

Thanks for busting your arse all pandemic!
Posted by Klark Kent
Houston via BR
Member since Jan 2008
67051 posts
Posted on 1/13/22 at 8:47 am to
the average American got a 2.4% pay cut in 2021!

Bureau of Labor Statistics

BUILD. BACK. BETTER
This post was edited on 1/13/22 at 8:57 am
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 1/13/22 at 9:56 am to
Wow
That’s fricking criminal.
This stuff just makes me so fricking angry
I hope all you DIM pieces of shite are happy
Posted by Ajo Devil
Tempe, AZ
Member since Sep 2006
2428 posts
Posted on 1/13/22 at 10:58 am to
quote:

FredBear
quote:

This thread is a good glimpse into the left winger mindset. We have a democrat president, house and senate yet somehow the current inflation is Trump’s fault

Is it any wonder the dumb twits don't know their arse from a hole in the ground?

It's actually quite the opposite. Several posters have said the current threat of inflation is due to the policies last FOUR administrations. Yet most of the ignoramuses on this board have a messiah complex for trump and therefore parrot the idea that it is all and only biden's fault.
Posted by wutangfinancial
Treasure Valley
Member since Sep 2015
11301 posts
Posted on 1/13/22 at 11:04 am to
TBH the banking experts in this thread seem to be of all political persuasions
Posted by LSUtoBOOT
Member since Aug 2012
12680 posts
Posted on 1/13/22 at 12:22 pm to
quote:

I hope all you DIM pieces of shite are happy


They’re too stupid to know it.
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