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Posted on 3/17/23 at 11:51 am to GhostOfFreedom
quote:
But the back patting, Crammer worshiping, Motely Fools graduates on the money board say everything is fine.
Quit being a moron. People on MT are just trying to explain to you how things work. It was obvious there are things you don't understand. But hey, continue to make shat up like only you can do.
This post was edited on 3/17/23 at 11:52 am
Posted on 3/17/23 at 11:54 am to Jjdoc
quote:
BOA says it OUT loud and Bloomberg is saying it. "Start of Entrenched High Inflation"
So-called experts not seeing this type of shite happening (or being okay with it) when everyone was jumping on the Covid response bandwagon changed this country forever. It's ironic this thread was started by a Trump sycophant.
Posted on 3/17/23 at 11:57 am to DaBike
I'm not defending Biden by any means but to say he is "solely responsible for causing the inflation" isn't accurate because a lot of the pumping money into the economy in the first place was under Trump. Just another way Trump mishandled things in 2020 after doing so well in his first 3 years.
Posted on 3/17/23 at 12:00 pm to Jjdoc
quote:
tighter lending standards = small business credit crunch = higher unemployment
Well, yeah. The Fed is trying for a "soft landing". Isn't that the point of raising interest rates?
Posted on 3/17/23 at 12:01 pm to TrussvilleTide
quote:
a lot of the pumping money into the economy in the first place was under Trump.
No. Hell, you can take this back to Reagan. And no President after has done anything about it, and each has in fact made it worse.
Posted on 3/17/23 at 12:11 pm to Jjdoc
And nearly impossible to cut federal budgets.
Boomers are retiring and using their well earned Medicare and SS.
Military is about to go toe to toe with China/Russia.
Boomers are retiring and using their well earned Medicare and SS.
Military is about to go toe to toe with China/Russia.
Posted on 3/17/23 at 12:14 pm to Mo Jeaux
Inflation Rates have risen and fallen multiple times since Reagan.
And to call it any one persons fault is dishonest anyway. Its a global force. Biden hasn't helped the situation, Trump didn't help it in 2020 when he wanted to send out checks with his name on them.
And to call it any one persons fault is dishonest anyway. Its a global force. Biden hasn't helped the situation, Trump didn't help it in 2020 when he wanted to send out checks with his name on them.
Posted on 3/17/23 at 12:17 pm to Mo Jeaux
quote:
And no President after has done anything about it, and each has in fact made it worse.
Yes, but some far more than others. Trump was a fiscal disaster, even in comparison to Obama.
Posted on 3/17/23 at 12:18 pm to frogtown
frog, you got your Mad Money Diploma?
Posted on 3/17/23 at 12:18 pm to TrussvilleTide
quote:
Inflation Rates have risen and fallen multiple times since Reagan.
Yes?
quote:
And to call it any one persons fault is dishonest anyway. Its a global force. Biden hasn't helped the situation, Trump didn't help it in 2020 when he wanted to send out checks with his name on them.
I don't know if I would call it a force. Choices have been made, but yes, it certainly is a global phenomenon.
Posted on 3/17/23 at 12:21 pm to Jjdoc
What if i told you 0% inflation was never “normal”. ?
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