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The new talking point the financial shows are pushing is ‘inflation has peaked’

Posted on 7/25/22 at 8:52 am
Posted by Padme
Member since Dec 2020
6182 posts
Posted on 7/25/22 at 8:52 am
After a year of ‘transitory’ it’s now ‘inflation has peaked’.

Anyone buying? It seems we all have an inclination or maybe ‘hope’ is a better word, myself included, that somehow our leaders are acting in a way to solve problems. Is there any evidence the federal reserve can pull its head out of its arse and save the day?
Posted by TheHarahanian
Actually not Harahan as of 6/2023
Member since May 2017
19523 posts
Posted on 7/25/22 at 8:53 am to

They need to wait until September to push this narrative. The intent is to help the Dems in November, but they’re starting too early.
Posted by cokebottleag
I’m a Santos Republican
Member since Aug 2011
24028 posts
Posted on 7/25/22 at 8:54 am to
Inflation doesn’t peak until it starts going down.

This is called “wishcasting”
Posted by TOPAL
Member since Mar 2010
4523 posts
Posted on 7/25/22 at 8:57 am to
If the the economy is in a recession, prices usually drop.
Posted by tigerfan84
Member since Dec 2003
20282 posts
Posted on 7/25/22 at 8:57 am to
Posted by Auburn1968
NYC
Member since Mar 2019
19514 posts
Posted on 7/25/22 at 8:58 am to
The minions of the MSM are throwing out new feed to their stage hypnotist's dancing chickens.

Not to worry, the White House resident has plans to fix inflation with more useless government spending!
Posted by Jax-Tiger
Port Saint Lucie, FL
Member since Jan 2005
24748 posts
Posted on 7/25/22 at 8:58 am to
I think they are making the assumption since gas prices are going down.

When do we see the effect of rising wages? Wages always trail inflation.
Posted by GumboPot
Member since Mar 2009
118820 posts
Posted on 7/25/22 at 8:59 am to
They will do everything they possibly can do to put lipstick on a pig.
Posted by DotBling
Member since Oct 2019
2932 posts
Posted on 7/25/22 at 9:00 am to
Inflation peaking is irrelevant. It can still linger for a long time.
Posted by Vacherie Saint
Member since Aug 2015
39489 posts
Posted on 7/25/22 at 9:03 am to
whats the media progression again?

Inflation is not happening
Inflation is transitory
Inflation is good
Inflation is Putin's fault
Inflation has peaked
Posted by Padme
Member since Dec 2020
6182 posts
Posted on 7/25/22 at 9:04 am to
quote:

the the economy is in a recession, prices usually drop.


This is probably their trick, get us into a recession so that when prices subside a bit, paint it as inflation peaking.
Posted by Padme
Member since Dec 2020
6182 posts
Posted on 7/25/22 at 9:06 am to
quote:

peaking is irrelevant


Yep, reversing should be the goal, they get their by wiping out healthy growth. And to think we had a businessman in charge before they took him out.
Posted by Shepherd88
Member since Dec 2013
4587 posts
Posted on 7/25/22 at 9:07 am to
40% of all US Dollars in circulation was created last year, by Congress giving out free money through stimulus checks and PPP.

The Fed is doing all they can do fix the problems caused by Congress although they’ve been behind the curve. Just remember that, this is Congress fault, the Fed is just the bandaid.
Posted by LSUBanker
Gonzales, La
Member since Sep 2003
2552 posts
Posted on 7/25/22 at 9:08 am to
quote:

think they are making the assumption since gas prices are going down.

When do we see the effect of rising wages? Wages always trail inflation.




The rate of inflation has peaked, but what they failed to say is that prices are not going to back to 2019 levels.
Posted by brett408
Member since Jan 2005
2426 posts
Posted on 7/25/22 at 9:14 am to
My company is taking about 6 points of rate September 1st. Inflation is still rising. Next year we are looking at 10 points of rate increase.
Posted by GetBackToWork
Member since Dec 2007
6260 posts
Posted on 7/25/22 at 9:19 am to
High energy prices bring about inflation and lackluster growth or recession.

This talk about inflation is akin to telling the patient you'll stop the growth of cancer by shooting them in the head. We have endured the worst inflation in 40 years. They better get a hold of it before labor costs skyrocket (beyond service sector) and the cycle really takes off.
Posted by PUB
New Orleans
Member since Sep 2017
18232 posts
Posted on 7/25/22 at 9:32 am to
B.S. - they said that lie about 2 weeks ago. In the meantime, a pound of turkey jump from $9.49 to $10.99.
Nothing but more lies. Prices going up every single day right now.
Posted by stelly1025
Lafayette
Member since May 2012
8514 posts
Posted on 7/25/22 at 9:33 am to
We are just about to get to harvest season ,and it will go higher.
Posted by BugAC
St. George
Member since Oct 2007
52796 posts
Posted on 7/25/22 at 9:36 am to
quote:

After a year of ‘transitory’ it’s now ‘inflation has peaked’.


Posted by CalDawg
Member since Aug 2016
1445 posts
Posted on 7/25/22 at 9:40 am to
Whatever the MSM or the Biden administration says, believe the opposite.
This post was edited on 7/25/22 at 9:42 am
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