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Padme
LSU Fan
Member since Dec 2020
3354 posts
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The new talking point the financial shows are pushing is ‘inflation has peaked’

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?


TheHarahanian
LSU Fan
Duh
Member since May 2017
17936 posts
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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.


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cokebottleag
Texas A&M Fan
Demisexual (They/Them)
Member since Aug 2011
23907 posts

Inflation doesn’t peak until it starts going down.

This is called “wishcasting”


TOPAL
LSU Fan
Member since Mar 2010
3875 posts
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If the the economy is in a recession, prices usually drop.


tigerfan84
LSU Fan
Member since Dec 2003
16475 posts



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70
Auburn1968
Auburn Fan
NYC
Member since Mar 2019
12345 posts

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!


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50
Jax-Tiger
LSU Fan
Port Saint Lucie, FL
Member since Jan 2005
22623 posts
 Online 

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.


GumboPot
Georgetown Fan
Member since Mar 2009
100980 posts
 Online 

They will do everything they possibly can do to put lipstick on a pig.


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40
DotBling
USA Fan
Member since Oct 2019
1288 posts

Inflation peaking is irrelevant. It can still linger for a long time.


Vacherie Saint
New Orleans Saints Fan
Member since Aug 2015
34173 posts
 Online 

whats the media progression again?

Inflation is not happening
Inflation is transitory
Inflation is good
Inflation is Putin's fault
Inflation has peaked


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Padme
LSU Fan
Member since Dec 2020
3354 posts
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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.


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Padme
LSU Fan
Member since Dec 2020
3354 posts
 Online 

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.


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20
Shepherd88
Member since Dec 2013
3986 posts

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.


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LSUBanker
LSU Fan
Gonzales, La
Member since Sep 2003
2465 posts

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.


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50
brett408
LSU Fan
Member since Jan 2005
1687 posts

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.


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GetBackToWork
LSU Fan
Member since Dec 2007
5773 posts

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.


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PUB
LSU Fan
New Orleans
Member since Sep 2017
13616 posts

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.


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stelly1025
LSU Fan
Lafayette
Member since May 2012
7274 posts

We are just about to get to harvest season ,and it will go higher.


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BugAC
USA Fan
St. George
Member since Oct 2007
45700 posts
 Online 

quote:

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




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CalDawg
Georgia Fan
Member since Aug 2016
1303 posts

Whatever the MSM or the Biden administration says, believe the opposite.
This post was edited on 7/25 at 9:42 am


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