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re: CPI numbers still hot inflation

Posted on 4/10/24 at 9:15 am to
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
424110 posts
Posted on 4/10/24 at 9:15 am to
quote:

I used to think you said dumb shite just to argue with people.

Now I know, after all these years, you are just dumb.

So you think the trillions and trillions Trump printed in addition to his QE/ZIRP policy continuation, in addition to increasing our normal debt every year, had no impact on inflation?



Look at that line pre-2020. Trump did nothing to curtailing our spending and debt issues PRIOR to Covid. Then his admin negotiated multiple trillions being printed in addition to this normal growth.

And we just pretend that had no impact on inflation?
Posted by Padme
Member since Dec 2020
6252 posts
Posted on 4/10/24 at 9:20 am to
So Trump was playing 4d chess all along, he knew the election would be stolen and Biden would be the fall guy. Pretty clever guy, the Don
Posted by Aubie Spr96
lolwut?
Member since Dec 2009
41237 posts
Posted on 4/10/24 at 9:20 am to
quote:

And we just pretend that had no impact on inflation?



Yes. Just like they pretend that he didn't subsidize the vaccine which the Democrats then tried to force us to take. Just like they pretend that he had nothing to do with the COVID lockdowns that Fauci and Brix championed. Just like they pretend he didn't resign the Patriot Act. Etc, etc, etc.

He was either the most inept president of all time OR he has part of the plan.
Posted by trinidadtiger
Member since Jun 2017
13563 posts
Posted on 4/10/24 at 9:21 am to
The president doesnt control the budget, lets start there...

Now what were you saying?
Posted by Ten Bears
Florida
Member since Oct 2018
3331 posts
Posted on 4/10/24 at 9:33 am to
quote:

So you think the trillions and trillions Trump printed in addition to his QE/ZIRP policy continuation, in addition to increasing our normal debt every year, had no impact on inflation?


Obviously Trump is a better candidate than Biden. However, to simply ignore Trump’s spending as a contributing effect on inflation is economic illiteracy or willful ignorance. And it wasn’t just COVID. Trump was running trillion dollar deficit in 2019 ($974 Billion) and taking COVID out the equation, his budget deficit in 2020 was $1.02 Trillion.

This is where reality and one’s inability to think critically and independently due to an subservience to a personality meet.
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