B-Man Posted July 13, 2021 Share Posted July 13, 2021 The Gaslighting Intensifies as Inflation Hits Another Major High https://redstate.com/bonchie/2021/07/13/the-gaslighting-intensifies-as-inflation-hits-another-major-high-n410153 Link to comment Share on other sites More sharing options...
Westside Posted July 13, 2021 Share Posted July 13, 2021 2 hours ago, B-Man said: The Gaslighting Intensifies as Inflation Hits Another Major High https://redstate.com/bonchie/2021/07/13/the-gaslighting-intensifies-as-inflation-hits-another-major-high-n410153 People are starving while sleepy joe eats ice cream. Shameful 1 Link to comment Share on other sites More sharing options...
Doc Posted July 13, 2021 Share Posted July 13, 2021 1 hour ago, Bidens_basement said: People are starving while sleepy joe eats ice cream. Shameful Ice cream prices have increased since last year. Obviously wasn't on the 4th of July menu... 1 Link to comment Share on other sites More sharing options...
B-Man Posted July 16, 2021 Share Posted July 16, 2021 WELCOME BACK, CARTER: Bidenflation is real, and Democrats will make it worse. https://www.washingtonexaminer.com/opinion/editorials/bidenflation-is-real-and-democrats-will-make-it-worse White House quietly signals inflationary run could last years. https://www.washingtonexaminer.com/news/white-house-quietly-signals-inflationary-run-could-last-years Link to comment Share on other sites More sharing options...
Chef Jim Posted July 16, 2021 Share Posted July 16, 2021 On 7/12/2021 at 6:11 AM, Tiberius said: For the past few decades, the Federal Reserve has succeeded in keeping inflation low—perhaps too low. It had an assist: Shifts in the global economy, including globalization, demographics and the rise of e-commerce, helped keep prices in check. Some economists say these so-called secular forces have begun to reverse in ways that the pandemic has intensified. “The factors that were…playing a significant role in that low-inflation environment last cycle are beginning to fade,” said Sarah House, director and senior economist at Wells Fargo. That could have important implications for the Fed as it grapples with how much of the current inflation pickup is temporary, and for the U.S. economy as a whole. Ms. House said it means that either inflation will run higher in the years ahead or the Fed will have to keep monetary policy tighter than it otherwise would to meet its 2% inflation target. https://www.wsj.com/articles/reversal-of-long-term-forces-may-add-to-inflation-threat-11626082200?mod=hp_lead_pos5 I have read that this is inflation just playing catch up with years of low inflation. Umm sure. That's not how it works. 1 Link to comment Share on other sites More sharing options...
Irv Posted July 16, 2021 Share Posted July 16, 2021 Paid almost $3.20 for gas yesterday. Thanks Biden. What a mess. 1 Link to comment Share on other sites More sharing options...
Chef Jim Posted July 16, 2021 Share Posted July 16, 2021 6 minutes ago, Irv said: Paid almost $3.20 for gas yesterday. Thanks Biden. What a mess. Awwww cute. 🙄 I had to tap my HELOC to fill my vehicle yesterday. 1 Link to comment Share on other sites More sharing options...
B-Man Posted July 16, 2021 Share Posted July 16, 2021 PETER SCHIFF: The Transitory Inflation Ruse. “It is certainly possible that we can finish 2021 with 10% CPI, which would rank it as bad as any of the years that we had during the 1970s. Except 10% in 2021 is not 10% in 1971 or 1979 because this is not your grandfather’s CPI. This is a completely different CPI that is completely rigged and reverse engineered. If we actually have 10% inflation, if we measured prices the way we did back in the 1970s, it’d probably be 15 or maybe 20% inflation.” https://schiffgold.com/peters-podcast/peter-schiff-the-transitory-inflation-ruse/ 1 Link to comment Share on other sites More sharing options...
B-Man Posted July 19, 2021 Share Posted July 19, 2021 What an embarrassment. 1 Link to comment Share on other sites More sharing options...
SCBills Posted July 19, 2021 Share Posted July 19, 2021 On 7/11/2021 at 8:03 PM, ALF said: Better then my take watch Newsmax , OAN , Hannity and Tucker Carlson that is more your speed. It’s strange how people lump Tucker in with Hannity etc., I think Newsmax, OAN and Hannity are ridiculous, but watch Tucker pretty often. He goes off on a shtick here and there, but he’s one of the few that touches on topics that nobody else in media will. 1 Link to comment Share on other sites More sharing options...
Westside Posted July 19, 2021 Share Posted July 19, 2021 4 minutes ago, SCBills said: It’s strange how people lump Tucker in with Hannity etc., I think Newsmax, OAN and Hannity are ridiculous, but watch Tucker pretty often. He goes off on a shtick here and there, but he’s one of the few that touches on topics that nobody else in media will. They ridicule what they fear. 1 Link to comment Share on other sites More sharing options...
Irv Posted July 19, 2021 Share Posted July 19, 2021 It's all Trump's fault. As soon as he left office, inflation shot through the roof. What a mess. 1 Link to comment Share on other sites More sharing options...
Unforgiven Posted July 19, 2021 Author Share Posted July 19, 2021 On 7/13/2021 at 3:33 PM, Bidens_basement said: People are starving while sleepy joe eats ice cream. Shameful Even my young daughter asked me the other day if he does anything more than eat ice cream. This is a highly shameful period in this country. Worst in my lifetime. 2 1 Link to comment Share on other sites More sharing options...
WhitewalkerInPhilly Posted July 20, 2021 Share Posted July 20, 2021 Oh look, people who think money isn't an abstract concept. And oh look, people conveniently forgetting that the same thing happened the last time we had an economic collapse. And oh look, people being against the revenue increases that would offset the rise of inflation. And wow, when that venn diagram meets you get you chuckleheads Link to comment Share on other sites More sharing options...
Westside Posted July 20, 2021 Share Posted July 20, 2021 1 minute ago, WhitewalkerInPhilly said: Oh look, people who think money isn't an abstract concept. And oh look, people conveniently forgetting that the same thing happened the last time we had an economic collapse. And oh look, people being against the revenue increases that would offset the rise of inflation. And wow, when that venn diagram meets you get you chuckleheads Maybe the free money handouts have something to do with the rise in inflation? 2 Link to comment Share on other sites More sharing options...
Artful Dodger Posted July 20, 2021 Share Posted July 20, 2021 7 hours ago, Bidens_basement said: Maybe the free money handouts have something to do with the rise in inflation? In January, Congress passed a $1.9 trillion stimulus to fill a $600 billion hole in GDP. Not only did the bill stimulate demand, but it extended enhanced unemployment benefits which have encouraged people to stay home rather than go back to work. So they simultaneously goosed demand and restricted supply. Not surprisingly, we're getting inflation. And the chuckleheads at the Federal Reserve have been pouring gas on the fire. Inflation is already much higher than they expected, and they continue to print money to buy treasury bonds and mortgage backed securities and continue to keep short term interest rates at 0%. There are no grownups making economic policy in Washington right now. We're all paying the price, literally. 1 Link to comment Share on other sites More sharing options...
mjd1001 Posted July 20, 2021 Share Posted July 20, 2021 Ok, the inflation is as much (or more) a result of supply shortages, labor shortages, transportation issues...a backlog of services...basically things CAUSED by the pandemic....more than the actions of any 1 of the two parties. Go ahead, Libs blame the right and the right can blame the libs....that is just you being a 'blowhard' for your own side. Deficit spending and increased money supply...does that ADD to the issue? It sure does, but that is the fault of BOTH sides. Commodity prices have already come down alot. When the supply chain gets better (it is GETTING better already) than inflation will level out. Now mind you, that doesn't mean prices will go DOWN...just the rate at which they are going up will flatten. Link to comment Share on other sites More sharing options...
B-Man Posted July 22, 2021 Share Posted July 22, 2021 Link to comment Share on other sites More sharing options...
B-Man Posted July 27, 2021 Share Posted July 27, 2021 AGENDA FIRST, LAST, AND ALWAYS: For Democrats, the pain of inflation is no reason to stop spending. https://www.nbcnews.com/politics/politics-news/democrats-pain-inflation-no-reason-stop-spending-n1274917 Link to comment Share on other sites More sharing options...
Big Blitz Posted July 27, 2021 Share Posted July 27, 2021 Paid $14 for the number 4 at Arby's the other day - I did substitute a milkshake for the drink. Used car costs are up 30% New car costs are up over 5%. This isn't sustainable. It's going to get really really bad. Feel terrible for the folks in their late 50s about to retire. Shortest recession (man made self imposed) in the history of the United States. We responded with 9 trillion in spending and a few trillion in stimulus and unemployment checks - indefinitely. Good luck being the guy running on ending unemployment benefits or the size of the child "tax credit." 1 Link to comment Share on other sites More sharing options...
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