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re: Inflation hits new 40 year high - consumer prices surged another 8.6% in May

Posted on 6/11/22 at 11:11 am to
Posted by StringedInstruments
Member since Oct 2013
20898 posts
Posted on 6/11/22 at 11:11 am to
At this point, can we just go back to Obama?
Posted by RougeDawg
Member since Jul 2016
7623 posts
Posted on 6/11/22 at 11:15 am to
Dollar General will not make any sense to future generations.
Posted by xxTIMMYxx
Member since Aug 2019
17562 posts
Posted on 6/11/22 at 11:15 am to
Can we stop pretending it’s around 9%? Everyone knows it’s 3x that
Posted by dewster
Chicago
Member since Aug 2006
26608 posts
Posted on 6/11/22 at 11:16 am to
I bet the Biden camp is going to try to experiment with price controls. They are that stupid.
Posted by member12
Bob's Country Bunker
Member since May 2008
33142 posts
Posted on 6/11/22 at 11:24 am to
quote:

I bet the Biden camp is going to try to experiment with price controls. They are that stupid.



Don’t give them ideas. As if the shortages weren’t bad enough.
Posted by TDsngumbo
Member since Oct 2011
50767 posts
Posted on 6/11/22 at 11:25 am to
quote:

My in-laws

Lots of mine too. Everyone but them can go suck start a shotgun
This post was edited on 6/11/22 at 11:26 am
Posted by EZE Tiger Fan
Member since Jul 2004
55454 posts
Posted on 6/11/22 at 11:26 am to
quote:

At this point, can we just go back to Obama?


Uhhhh, that's what we have now.
Posted by Antonio Moss
The South
Member since Mar 2006
49411 posts
Posted on 6/11/22 at 11:26 am to
It’s almost like continuously overprinting currency for a decade was a bad idea.
Posted by Vamos Brandonos
Member since Mar 2022
1021 posts
Posted on 6/11/22 at 11:42 am to
quote:

Wait until harvest season (August-October). That's when all the spring crops go to market and were fertilized with record fertilizer prices and fuel prices. Big Ag has to cover their costs and that will happen on the grocery store shelves early fall.


I may be wrong on this but aren't crops typically sold on futures?
Posted by member12
Bob's Country Bunker
Member since May 2008
33142 posts
Posted on 6/11/22 at 12:08 pm to
quote:

Uhhhh, that's what we have now.



This is way worse.
Posted by Antonio Moss
The South
Member since Mar 2006
49411 posts
Posted on 6/11/22 at 12:11 pm to
quote:

At this point, can we just go back to Obama?


Obama’s Keynesian monetary policy and QE was horrid and is a key factor in this massive inflation.
Posted by Realityintheface
Member since May 2022
1784 posts
Posted on 6/11/22 at 12:11 pm to
quote:

Message Inflation hits new 40 year high - consumer prices surged another 8.6% in May by TDsngumbo If you voted for this, you can go suck start a shotgun. There’s no excuse, we all fricking told y’all this shite was going to happen if the democrats took over.


Let’s not forget to blame Republicans that DIDN’T go vote. People that bitch about inflation and didn’t go vote can frick off and I hope they wallow in poverty. Really looking hard at you Georgia Republicans that didn’t turn out to vote. You gave control of the Senate to the Democrats.
Posted by Froman
Baton Rouge
Member since Jun 2007
38911 posts
Posted on 6/11/22 at 12:13 pm to
quote:

frick Joe Biden


It’s always easy to blame the President, who does suck, but this is a complete failure of government on all levels.
Posted by Antonio Moss
The South
Member since Mar 2006
49411 posts
Posted on 6/11/22 at 12:13 pm to
quote:

Let’s not forget to blame Republicans that DIDN’T go vote. People that bitch about inflation and didn’t go vote can frick off and I hope they wallow in poverty. Really looking hard at you Georgia Republicans that didn’t turn out to vote. You gave control of the Senate to the Democrats.


The GOP is just as complicit in horrid economic policy as the DNC.
Posted by Dr RC
The Money Pit
Member since Aug 2011
61475 posts
Posted on 6/11/22 at 12:14 pm to
quote:

Bidens America


Is it his world too since every major nation is going through massive inflation right now?
Posted by TigerintheNO
New Orleans
Member since Jan 2004
44928 posts
Posted on 6/11/22 at 12:15 pm to
quote:

but this is a complete failure of government on all levels.


Yes, and the Democrats have had full control of the White House, Senate, and House for the past 18 months
Posted by Antonio Moss
The South
Member since Mar 2006
49411 posts
Posted on 6/11/22 at 12:16 pm to
quote:

Is it his world too since every major nation is going through massive inflation right now?



US monetary policy drives the global economy.


LINK
Posted by tigergirl10
Member since Jul 2019
10734 posts
Posted on 6/11/22 at 12:25 pm to
quote:

Is it his world too since every major nation is going through massive inflation right now?
Explain Trump gas prices vs. Biden gas prices to us.
Posted by Napoleon
Kenna
Member since Dec 2007
74266 posts
Posted on 6/11/22 at 12:27 pm to
I blame the Obama and Trump superfans who turned the presidency into a personality cult. The Republicans had to deal with 8 years of a personality cult. And decided that they wanted to show the "Hope" people how it's really done. If you talk to moderates and others in the middle. That was the biggest issue with keeping the status quo. We all knew things were going to go to shite from all the covid shut downs and restarts.

The inflation and high costs are world wide. Not just in America. Hell the reason our gas is so high is because the high global price of crude.

I get it Democrat bad. Conservative good. But Jesus people. It's not just an American issue.

Keystone xl still wouldn't be finished in time for all this. And even then that sold Canadian oil on the world market.

Now 100% Biden has made multiple wrong choices and has proven already that he's a lame duck president.
I know so many liberals who now would wear a red hat because progressives fricked the party so much.

Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
299716 posts
Posted on 6/11/22 at 12:29 pm to
quote:

I blame the Obama and Trump superfans who turned the presidency into a personality cult.


I don't. I blame the average voter who doesn't keep up with politics who votes on name recognition, party affiliation or race. The superfan at least understands some issues.
This post was edited on 6/11/22 at 12:33 pm
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