Posted on 07/12/2023 9:37:40 AM PDT by Red Badger
Figures don’t lie, but liars figure......................
Easing would mean a long period of deflation.
Fact vs. Propaganda, has begun to pull the curtain back on the Electric cars nonsense.
Oh yeah it is great to lose your job for "the greater good". You Republican'ts crack me up.
Trickery will get them everywhere and the gullible lemmings follow them off the bridge.
Correct. Inflation is a hidden tax on our income. So we need to get a handle of it right away.
Point taken. My point is that inflation always has a 2% target - because dropping below 0% into "disinflation" (recession) is a much worse outcome for the American consumer.
Existing loans become very difficult to service, along with massive job loss.
Multitudes of bankruptcies occur - with the underlying assets (wealth) confiscated by the banks.
Gee - it's "almost" like they plan the cycle to play out the way it is...
If people truly understood debt-based money and the labor servitude they have put themselves into then it would be quite the awakening...
I don’t either. Later on today I will go to “shadow stats” to see what the actual inflation rate is without the constant manipulation/ changes to the formula.
Yaye only 2%! 🙄
Funny.😉
As Mr.Spock or Criminal Minds’ Dr.Reid would say, that is statistically provable as a joke basis.
Table 43:
whites 25,143
black or African American 29,677
Since most of what we consume is imported I don't see that happening.
The beatings will continue until morale improves.
If a company sells widgets for $10 and demand drops then they can offer a sale in the hope of driving more demand.
If the consumer is still not buying then the company could face possible bankruptcy.
What's the one last thing a company could try in order to stay solvent?
Correct...raise their prices, hoping that existing loyal customers will still buy and they can make enough sales to stick around...
In other words...a recession (money supply deflation) can be accompanied by price inflation. The worst of all economic worlds.
Last point - this is global in scope. No country will skate by - unlike most regional recessions we have previously experienced.
Tighten your seat belts...China is sinking first...
Except this is a global recession - affecting all imported goods as well.
China is the first to take it on the chin - followed by Europe - followed by the US.
The US is still arranging deck chairs on the Titanic so they can hear the orchestra better...
I thought they shoot for a 2% a year inflation increase? This is 2.4% a year. I hope they hold off on another interest rate increase.
You need to read more about Paul Volcker's actions at the Fed back in the early '80s. The medicine he prescribed was harsh but effective.
The Fed is a bit late today. And the medicine isn't bitter enough. So we are paying for it.
Audit Biden’s statistics. Without audits, they’ll cheat.
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