Posted on 11/14/2021 3:33:01 PM PST by hamburger hill
When people are buying products, that creates more competition and prices become LOWER as sellers try to offer a better price than their competitors...at least that's what my twelve-year-old daughter said to me. Breathtaking that a "President" can't figure that out.
Joe can’t remember how to use toilets , so
This is how auctions work, right? The more people bidding at an auction, the lower the price, right? Right? /s
Ha. Contradicts the idiots saying inflation was a good thing because it shows how great the economy is doing.
CNN even ran an “inflation for dummies” story this weekend. COVID was to blame, of course.
He is absolutely dumber than Jimmy Carter.
Assuming there is supply to meet the demand
Hi demand and low supply = increased prices
At least until supply catches up
At least that’s I learned from an MBA and spending a night in Holiday Inn Express
Absolute shock about what? I probably missed something. It wouldn’t be the first time.
Funny you should say that, because it sparked a memory. When Carter was POTUS, he was mocked for taking policy advice from his daughter Amy, who at the time was pre-adolescent.
We have returned to a time I never wanted to see again, IMHO. Who is this twelve-year-old? Maybe we'd be better off if HE was POTUS.
The most important thing to know about economics is don’t ever trust democrats to handle it.
Gropy Grandpa is a dumbass.
Always was.
Always will be.
So people aren’t going out and driving then why has gasoline doubled during the Chomo’s regime?
He knows. But there’s no percentage in it tor him.
The Dims are trying to hide the fact that inflation is regressive, and hurts the poor, the fixed income and the working class the most - those who they claim to represent.
When gas, food and housing prices double, those who are well off may be inconvenienced or have to do some belt tightening. But others will be having to choose between eating or paying the rent.
The mid-terms are going to be quite interesting. A battle between the “woke” and the woken.
Biden isn’t shocked. Communists play a great long game, and they are following their plan down to the letter. Democrats and their MSM colluders keep trying to repackage it but few are buying. I watched a video from Mark Dice about how that won’t stop Hollywood from trying, and you can check it out in crawler link top of page at Whatfinger News. Mark missed the 2014 all black remake of ‘About Last Night...’ (1986) and a lot of others. This didn’t just start recently! Everything the left does is intentional and they are not dumb, they are insidious monsters.
He remembers, he just prefers to **** his pants in front of the pope (lower case p intentional).
Not on ebay.
If inflation was a good thing we’d have been pushing FOR IT the last few decades, at least.
Interesting little detail—Shadowstats has been tracking the real rate of inflation using the methodology of many years ago (before .gov started cooking the books).
They come up with a current annual inflation rate of 15%.
Today we find out that .gov is increasing the cost of a Medicare Part B premium this year by.....
15%!
That crushes the poorest of the Social Security recipients who have chosen to get Medicare Part B.
It is effectively a highly regressive tax.
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