re: $6 for a bag of Fritos

Our economy can be broken down as such - we advertise to the masses, produce those goods in China and ship them back overseas to fill orders. Every institution on this planet moved to shut that flow of goods down while income supplements drove consumption from services (shite down via fiat) to hard goods. You are now seeing the disruption flow through. You can blame WHO, the CCP, ideologically sick governors etc…if Trump was in office this would all still be happening because he was unable to prevent said institutions from controlling the narrative surrounding Covid.

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Temps in the 30's and 40's this week. Fall finally here. Making chili today.

Six freaking dollars for a bag of Frito's (party size).

Thanks, Brandon.

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The last time I ate a Frito I was 11 years old. Buy some meat. Oh yeah that's 200% more expensive too so carry on.

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if Trump was in office this would all still be happening because he was unable to prevent said institutions from controlling the narrative surrounding Covid.

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You mean they weren’t controlling the narrative then?

Our problem isn’t demand. It isn’t production.

It’s distribution.

Where is the problem? Are we having a problem in the Gulf with shipping? Not that I've heard.

East coast? Again not that I’ve heard.

West coast? Big problem. Simple solution, but since the people in change are not problem solvers AND don’t have ANY experience in doing something useful they can’t see it.

Gas prices up? Wouldn’t have seen anything approaching this under Trump because he didn’t see fossil fuel as an enemy, and the current administration does.

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inflation is 90% a function of the federal reserve. we'd have it with trump too, just not quite as bad

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What in the frick does that even mean? Do you know what inflation is? I love when people who have absolutely no education or interest in something try to correct the record with shite they’re hearing from a bunch of moron journalists who majored in English. Inflation is 100% a function of an insane amount of money being injected into the economy for no reason over the past 2 years

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Inflation is 100% a function of an insane amount of money being injected into the economy for no reason over the past 2 years

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The guy isn't wrong though. You've just demonstrated it in your comment.

The Federal Reserve controls money supply through the purchase and selling of treasuries. Quantitative easing means the federal reserve has been purchasing securities (just look at the data published on any central banking site) in order to increase money supply. By increasing demand for bonds, it means the price of bonds rises so interest rates fall.

Jerome Powell doesn't want to raise rates, which is why quantitative easing has been happening on a scale that's completely unheard of over the past two years. It's completely unconventional but I'm not sure Biden's that much to blame as opposed to America's addiction to low rates.

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but pretending like printing billions and dumping them into financial markets...0% corporate loans, buying MBS forever doesnt make an impact is shortsighted. endless stimulus...thats how you get a wage/price spiral that we're just starting to feel right now.

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These are facets. However, there are a myriad of reasons stemming directly from the Biden regime that also have to be factored in.

All together, it is a shite sandwich that didn’t have to be served up.

$5.84 if you factor in your savings this Administration* saved you on the Independence Day BBQ.

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$6 for a bag of Fritos

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