Posted on 05/28/2021 10:15:13 AM PDT by E. Pluribus Unum
“At the most basic level, isn’t inflation caused by increases in the money supply?”
A good definition of inflation is too much money chasing to few goods.
Those are considered non-essential because one does not have to eat, travel or come in from the rain and snow.
Hmmmm...you might have a point. Maybe they exclude those items because eating and traveling cause global warming while there can't be snow because were told there'd be no snow by now .
Hint, if sarcasm escapes you then you might have believed it all the times you heard Miami fans say they're gonna win their season opener.
Too much money chasing too few of goods. So some of it is money printing and some of it is production of goods isn’t at pre-pandemic levels yet.
Hi guy.
Prices for a brick of .22, box of 9mm and 5.56mm NATO, has gone through the roof.
Which means less range time for the First lady and me.
5.56mm
Unexpected?
The MSM doesn’t even use that old lie much, anymore.
They’re in our face with what they’re doing, now.
Markets still not reacting negatively to this inflation.
A 3.1% annualized inflation rate? That’s an even bigger lie than Biden beat Trump or Trump colluded with Russia.
It’s running WELL over 10% per annum.
I totally expected this...but honestly not this soon. 142 days now. 142.... Just damn. WTactualF are the liberal left voters thinking now huh? Everything is juuuust fine? Everything is up! E V E R Y T H I N G!!!! I paid $6 for a spiral notebook at a Wallgreens yesterday. Food is up. My usual meal at Waffle House went from $2.60 to $4.00..no lie.
Somebody is wrong, I wonder who.
“Price Shock: Inflation Soars to 29-Year High”
Marketwatch headline right now:
“U.S. stocks climb as inflation reading hits 13-year high”
I don’t know why the Republicans are letting the media and the democrats lie and minimize what is really happening. If you compare prices today to what they were last year you are including 9 months of Trump when inflation was under control. If you annualize inflation that has occurred since Biden took office it is 10% and increasing every month.
Shocked...shocked I tell you.
Buy Dung thinks inflation is what you do with pretty balloons, and with the pretty balloons you can attract pretty children.
“Markets still not reacting negatively to this inflation.”
Markets generally rise when there is inflation. Until the FED removes the “punchbowl” as traders like to call it.
Soon we will be seeing advertisements on TV...
“WE WILL REFINANCE YOUR HOUSE AT 125% IT’S CURRENT VALUE! At the new LOW INTEREST RATE of 20%!!!”
“Soon we will be seeing advertisements on TV...
“WE WILL REFINANCE YOUR HOUSE AT 125% IT’S CURRENT VALUE! At the new LOW INTEREST RATE of 20%!!!”
That doesn’t even qualify as exaggeration, that’s downright silly.
Demand
I know what you mean — the Republicans are yet again just laying low and letting the Dems and their lapdog media control the narrative. They should be screaming from the rooftops what the monetary policy is doing and how inflation is going to kill everybody, especially fixed-income seniors. Compounding the damage is soaring real estate prices which are sending property taxes to the stratosphere. So fixed income seniors lose purchasing power of their life savings and then get taxed out of their homes.
It is absolutely criminal what these bastards have done.
Lumber is up 500% in less than a year! A whole pallet of OSB was stolen from a construction site near me (North Idaho) yesterday worth $10,000.
So many commodities are up 100% to 500% in ONE YEAR. Labor is short because of the free money paying people not to work. So you have sky-high materials costs and no labor. What a recipe for monetary disaster.
Demand, fear and anger.
You aint seen nothing yet.
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