Posted on 11/14/2023 10:39:39 AM PST by SeekAndFind
Agree
Had Trump openly opposed the lockdowns, the MSM would have been calling him an opponent of science, a Luddite, a religious fanatic. They would have raised the alarm even further, and then used the BLM riots and the already growing crime wave to fuel a real insurrection, not the fake one they’ve been hyping up since 1/6/21. It was clear that he wanted the lockdowns over ASAP. But mass hysteria is a hard thing to combat, and mass hysteria was all the rage back then, stoked and fed by Dems, BLM and the MSM.
Good observations.
Much lower, even before we faded into recession in 2016.
Trump wasn't inaugurated until January 20, 2017.
But if Trump had not sent out at least one round of stimulus, the self-locked-down workers and those forced to stay home by the local governments would have gone completely ape. As you know, many of them are still at home.
High fuel prices raise food prices, but they are not the only thing.if worked that way, food prices would drop more - albeit slower - when the fuel prices dropped by almost half, rather than barely budging and then beginning their climb again.
The price of crickets has just gone up and Kamala has just gone down!
I corrected above your comment.
As we all know, the recession occurred in 2020.
They used to be included, but when inflation peaked around 21% during the Carter Administration, they tried using smoke and mirrors to convince the public that inflation wasn’t that bad. It wasn’t that bad because because the gov’t changed the goal posted by omitting some of the fastest growing prices in energy and food from the index.
I defer to you, but I’d appreciate you sharing with me a time when negative rates were a Fed goal. I know that the Bernanke Fed adopted 2% CPI growth as its target in 2012.
“We often see negative rates as an encouraging sign when coming out of an inflationary period.”
When?
I understand that a recessionary capitulation can mark the beginning of a recovery, but the only time in living memory that CPI declined for a calendar year was in 2009 following the financial collapse, and even then it dropped by only .04%.
In 1982, with the Volker-engineered collapse of inflation the rate still remained positive, although by only .31%. The next year saw a rebound to 3.2%.
What if I'm only buying food that isn't for eating. What if I'm buying it for ... juggling. Or to resurface my driveway with. Or just to look at. I mean, food has so many uses apart from eating it.
One thing that is almost always left out of the discussion is money supply. M2 surged $3.5 trillion in the Trump/Biden COVID handout period. $3 trillion has since been drained.
All that loose cash had a major effect on the inflationary cycle.
From Basic Info, https://ycharts.com/indicators/us_m2_money_supply
Frozen Turkey 49 cents/lb, also squash and yams 49 cents/lb.
TY Hannaford Bros.
You don’t understand what a rate is.
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