- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
The President: “Grocery prices are down, mortgage rates are down, and inflation defeated”
Posted on 10/12/25 at 5:44 pm
Posted on 10/12/25 at 5:44 pm
quote:
WASHINGTON (AP) — Inflation has risen in three of the last four months and is slightly higher than it was a year ago, when it helped sink then-Vice President Kamala Harris’ presidential campaign. Yet you wouldn’t know it from listening to President Donald Trump or even some of the inflation fighters at the Federal Reserve.
Trump told the United Nations General Assembly late last month: “Grocery prices are down, mortgage rates are down, and inflation has been defeated.”
And at a high-profile speech in August, just before the Fed cut its key interest rate for the first time this year, Federal Reserve Chair Jerome Powell said: “Inflation, though still somewhat elevated, has come down a great deal from its post-pandemic highs. Upside risks to inflation have diminished.”
Yet dismissing or even downplaying inflation while it is still above the Fed’s target of 2% poses big risks for the White House and the Federal Reserve. For the Trump administration, it could find itself on the wrong side of a potent issue: Surveys show that many Americans still see high prices as a major burden on their finances.
quote:
That credibility plays a crucial role in the Fed’s ability to keep prices stable. If Americans are confident that the central bank can keep inflation in check, they won’t take steps — such as demanding sharply higher pay when prices rise — that can launch an inflationary spiral. Companies often increase prices further to offset higher labor costs.
quote:
So far, the Trump administration’s tariffs haven’t lifted inflation as much as as many economists expected earlier this year. And it remains far below its 9.1% peak three years ago. Still, consumer prices increased 2.9% in August from a year earlier, up from 2.6% at the same time last year and above the Fed’s 2% target.
The government is scheduled to release the September inflation report on Wednesday, but the data will probably be delayed by the government shutdown.
LINK
14
Posted on 10/12/25 at 5:49 pm to ragincajun03
This is a sematics thread that people will turn into a political or economic thread. Should be funny.
Posted on 10/12/25 at 5:50 pm to ragincajun03
Inflation is never defeated.
Posted on 10/12/25 at 5:52 pm to ragincajun03
Another out of touch President.
The only way to beat inflation and absurd prices is for people to stop buying shite they can’t afford. If you need to beg for money to buy something with a loan…you can’t afford it. People are the problem.
The only way to beat inflation and absurd prices is for people to stop buying shite they can’t afford. If you need to beg for money to buy something with a loan…you can’t afford it. People are the problem.
Posted on 10/12/25 at 5:57 pm to BabyTac
You are pretty intelligent babytac
Posted on 10/12/25 at 5:58 pm to BabyTac
Inflation is caused by over supplying money in a fiat currency system.
Posted on 10/12/25 at 6:14 pm to olemc999
quote:
Inflation is never defeated.
Inflation is a critical feature of the current fiat monetary scam.
Posted on 10/12/25 at 6:30 pm to GRTiger
quote:
This is a sematics thread that people will turn into a political or economic thread
Are you anti-semantic?
Posted on 10/12/25 at 6:37 pm to ragincajun03
quote:
“Grocery prices are down, mortgage rates are down, and inflation has been defeated.”
I'm sure this was 6D chess.
Posted on 10/12/25 at 6:45 pm to ragincajun03
We don’t need inflation at 3% which it’s probably closer to 7%, we need deflation at 30%.
We are cooked. And they keep spending trillions and printing money.
We are cooked. And they keep spending trillions and printing money.
Posted on 10/12/25 at 6:56 pm to ragincajun03
Posted on 10/12/25 at 6:56 pm to ragincajun03
quote:
Trump told the United Nations General Assembly late last month:
“Grocery prices are down, mortgage rates are down, and inflation has been defeated.”
Mr. President, please put down the bong.
Absolute nonsense.
Nothing but spell-casting and sorcery.
quote:
Surveys show that many Americans still see high prices as a major burden on their finances.
Survey and our own eyes SEZ: Higher bills are piling up cross the board.
The President, Congress and The Fed can't keep printing up billions to send overseas to finance wars -- along subsidizing 60 million illegals and 500 parasitic AI Data Centers across America. Flooding the zone with USD only devalues the existing money in circulation, creating runaway inflation (that Trump somehow claims is "defeated"
)Posted on 10/12/25 at 6:57 pm to goatmilker
Is that a mushroom cloud arising over the printing presses factory running 24/7 at "11"?
Posted on 10/12/25 at 6:58 pm to BabyTac
quote:
The only way to beat inflation and absurd prices is for people to stop buying shite they can’t afford.
Do you even Macro 101 bro?
Posted on 10/12/25 at 6:59 pm to BigPerm30
quote:
we need deflation at 30%.
Yep. Its been a gravy train for investors over the past 15 years. The only real way to "fix" it is to roll it back, but that will never happen.
Posted on 10/12/25 at 7:20 pm to olemc999
quote:
Inflation is never defeated.
Posted on 10/12/25 at 7:32 pm to ragincajun03
Grocery and fuel prices are still sky high.
Posted on 10/12/25 at 7:42 pm to Jack Ruby
Fuel prices are pretty normal but grocery prices have increased
Posted on 10/12/25 at 7:56 pm to Jack Ruby
quote:
fuel prices are still sky high
Huh?
Posted on 10/12/25 at 7:56 pm to BabyTac
quote:
The only way to beat inflation and absurd prices is for people to stop buying shite they can’t afford.
That has nothing to do with it. Inflation is hard to understand because it is so simple yet so consequential. The fact that it is consequential causes people to not accept its simplicity. But here it is:
Inflation is too much money chasing too few goods.
Isn’t that simple? When I go buy stuff that I don’t need, that doesn’t increase the money supply, nor does it decrease the amount of goods, so it doesn’t affect inflation. What does cause inflation is the government increasing the money supply, which it constantly does. The 9% inflation we had under Biden was a spike that occurred when the government created several trillion dollars out of thin air and gave it away to people.
You might say, “But didn’t those people go spend it on stuff they didn’t need?” Yes, they did. And they spent it on stuff they did need. It doesn’t matter what they spent it on, or if they just put it in the bank, it will get in circulation one way or the other, and then it will cause inflation.
Page 1 of 2
Popular
Back to top
Follow TigerDroppings for LSU Football News