Posted on 10/20/2021 11:33:38 AM PDT by ChicagoConservative27
Wednesday on CNBC’s “Squawk Box,” network anchor Jim Cramer sounded the alarm on inflation and how it is affecting investment.
According to Cramer, inflation in the United States is “much worse than we thought.”
“I mean, look, I, think Paul Tudor Jones, as always, is right about inflation. It’s much worse than we thought,” Cramer advised. “I keep hoping that the capacity will come on and make it so that it’s not as bad, but it just can’t seem to come on as fast enough. I mean, for instance, I was going over it with my friend Frank Mitsch, who’s got his own firm, chemicals, and it’s just unbelievable. Fermium is using numbers that are just astounding, and it makes you feel like that Procter is not going to be able to get out of a jam, Procter being the one that yesterday focused the most on inflationary inputs.
(Excerpt) Read more at breitbart.com ...
Unexpected.
Democrat liberals leadership, much worse than we thought.
Maybe YOU Jimmy Boy, but the rest of us expect it to get it worse over the next 3 years.
Much worse than the EXPERTS thought. People who actually work knew this already.
Captin obvious. I remember the Carter years when every time you walked into the supermarket they were stamping a higher price for products every hour to keep up the inflation.
There would be 5 or 6 prices stamps you could peel off just in a few days.
Who’s this “we” kimosabe?...
Methinks our economic gurus are about as reliable as the medical ones.
Paying people not to work___ what could possibly go wrong other than supplies going down while demanding stays up?
Jim Cramer can be a real tool sometimes ( and not in a good way). I am taking a contrarian view in that the global economies are being damaged by Biden regime and the rest of the global oligarchs in unprecedented ways. After this inflation we will enter deflationary times. Poverty and hunger will manifest itself globally. War will come as that is the tyrants’ favorite method of keeping the bankers happy. War with China is already happening but the media is keeping it quiet. China may have already won without a shot fired.
These fools haven't figured out yet that the democrats will destroy the middle class.
It is a known fact, that enviro tax and spend democrats will ruin our lives if they have the power. That is what they do. It is their nature.
Karl Deninger called it—on December 20, 2020:
https://market-ticker.org/akcs-www?post=240907
“Inflation is coming. Not immediately, but it is. Mid-summer, roughly, before it starts to get very noticeable.”
Another propagandist. Everything he says is choreographed from above.
Cramer’s a dem and he drank the Kool-Aid.
Captain Obvious Ping?
I dunno....chuck steak on SALE for $5.99....
That's refreshing - press toadies are pushing the lie that it's COVID's fallout... Well, WE DID NOT HAVE INFLATION UNDER TRUMP AND TRUMP HAD MORE OF THE COVID MESS THAN BIDEN'S HAD...
He and the rest of the elites don’t spend any time shopping in stores. If they did they would have noticed the obvious rise in prices. But in general, they don’t care about inflation because they’re wealthy people.
Welcome to the party, pal!
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