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Started By
Message
Worst Inflation In 40 Years!
Posted on 1/12/22 at 9:37 am
Posted on 1/12/22 at 9:37 am
10
Posted on 1/12/22 at 9:37 am to Seldom Seen
No mean tweets!
Posted on 1/12/22 at 9:38 am to Seldom Seen
You know what fixes inflation - no ID required voting and vaccines 
Posted on 1/12/22 at 9:51 am to ExpertTestimony
quote:
Fricking Reagan!
That inflation began with Carter. Reagan got rid of it.
Posted on 1/12/22 at 9:58 am to Zach
The inflation in the 80s was caused by government overspending and high gas prices from the OPEC embargo. Basically the same situation as now except now its exponentially worse because raising interest rates from 0 to double digits with $30T in debt to service would destroy us
Posted on 1/12/22 at 10:00 am to Seldom Seen
But, but...I thought it was transitory?
Posted on 1/12/22 at 10:01 am to ExpertTestimony
quote:
Fricking Reagan!
Friggin' Wilson
Posted on 1/12/22 at 10:09 am to BearCrocs
quote:
No mean tweets!
Lets pretend Trump was competent enough to get re-elected, what would he have done differently to prevent inflation after he printed trillions of dollars and handed them out to everyone in the country?
Posted on 1/12/22 at 10:11 am to hubertcumberdale
The 2 drivers are spending and energy prices. I can guarantee 1 of those wouldn't be a problem. With potato brain we have both and the resultant 80s inflation.
This post was edited on 1/12/22 at 10:12 am
Posted on 1/12/22 at 10:14 am to UncleFestersLegs
quote:
The 2 drivers are spending and energy prices. I can guarantee 1 of those wouldn't be a problem that. With potato brain we have both and the resultant 80s inflation.
How many stimmys was Trump responsible for? Oil is a global commodity that was disrupted by a global lockdown, so not sure i agree with you that the US president dictates international oil prices
Posted on 1/12/22 at 10:15 am to hubertcumberdale
quote:
Lets pretend Trump was competent enough to get re-elected, what would he have done differently to prevent inflation after he printed trillions of dollars and handed them out to everyone in the country?
Gas prices. Everything stems from there.
Posted on 1/12/22 at 10:16 am to hubertcumberdale
quote:Then perhaps educate yourself on the EOs potato brain signed relating to energy immediately upon taking office
not sure i agree with you that the US president dictates international oil prices
Posted on 1/12/22 at 10:17 am to hubertcumberdale
quote:
How many stimmys was Trump responsible for?
Zero (same with Potato).
You need to take a civics course.
The power of the purse starts in Congress.
This post was edited on 1/12/22 at 10:19 am
Posted on 1/12/22 at 10:18 am to TDTOM
quote:
Gas prices. Everything stems from there.
Ok, but the US has some of the lowest prices in the world
Gasoline prices, litre, 10-Jan-2022
Posted on 1/12/22 at 10:18 am to UncleFestersLegs
quote:
Then perhaps educate yourself on the EOs potato brain signed relating to energy immediately upon taking office
Please see my previous post, the US has some of the cheapest gasoline in the world
Posted on 1/12/22 at 10:20 am to hubertcumberdale
quote:
Oil is a global commodity that was disrupted by a global lockdown,
Under Trump we exported more oil than we imported. That had not been done in 70 years before Trump.
Today, that's gone with Biden. International disruptions have bigger impacts on countries that rely on imports.
Posted on 1/12/22 at 10:21 am to hubertcumberdale
Goalposts moved. Strawman erected. Intellectual honesty- zero
Posted on 1/12/22 at 10:21 am to Seldom Seen
Knew the market would go red eventually today. It was odd it stayed in the green for so long
Posted on 1/12/22 at 10:21 am to hubertcumberdale
quote:
Ok, but the US has some of the lowest prices in the world
I can't even....
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