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'Nothing worse than higher oil prices' as Fed fights inflation
https://www.msn.com ^ | 9/11/23 | Ines Ferré • 13h

Posted on 09/10/2023 11:50:34 PM PDT by RomanSoldier19

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To: RomanSoldier19

Biden shuts down Alaska drilling and 2 days later gas prices go up 60 cents. But it’s not Bidens fault /sarc


21 posted on 09/11/2023 5:53:57 AM PDT by Marko413
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To: CodeToad

Didn’t Pedo Biden just shut down exploration in Alaska ?


22 posted on 09/11/2023 6:15:46 AM PDT by GOPJ (Bribery's in the Constitution - Biden's a traitor. His name mus be removed from all primary ballots.)
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To: piasa

as feds fight what the caused, generated crisis


23 posted on 09/11/2023 6:16:49 AM PDT by ronnie raygun
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To: GOPJ

“Didn’t Pedo Biden just shut down exploration in Alaska ?”

Doesn’t mean he likes that oil company. He could easily shut it down at the request of another oil company.


24 posted on 09/11/2023 6:25:32 AM PDT by CodeToad (No Arm up! They have!)
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To: Dixie Yooper

The fed has no choice but to defend the dollar at all cost by raising rates.

The problem is tax receipts do not support expenditures by $2.5-3T annually. Without reducing expenditures we are ultimately faced with eventual destruction of the dollar. It will happen as mathematics and exponents do not lie. Ever higher debt will destroy the dollar. Then you will look at this time as the end of a golden era and the beginning of hardship like our grandparents faced in the 1930s. Only this time without the stability brought on by a morality and civil society.


25 posted on 09/11/2023 6:26:39 AM PDT by zek157
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To: RomanSoldier19

If The Dems win in 2024 we will soon have $8/gal gas.


26 posted on 09/11/2023 6:29:25 AM PDT by 1Old Pro
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To: RomanSoldier19
---- "...while core inflation — which strips out food and energy costs — has been on a downward trend, economists worry that higher energy prices could increase input costs for goods and services, leading companies to raise prices on everything from airfares to furniture."

There is an idiocy in the mainstream media, which opines about one tree and misses the forest in its entirety.

Stripping out food and energy prices from ANY reporting on or discussion of inflation is sheer idiocy.

Most of one's budget, if a home owner without debt, goes to food and energy. Home owners with a mortgage will consider debt service along with food and energy, while renters are truly behind the inflation eight ball now.

The largest reason for inflation is government and its massive spending and rising debt. Oil prices worldwide are only a part of the whole, which for us as a nation currently looks like:

$ 32,918, 978,453,354 and rapidly rising.

See: US Debt Clock

Looking at the US Debt Clock for a short period of time explains far more fully the source of inflation -- government itself -- than "oil prices," especially as the Biden administration blocks leases for oil producers AND promotes moving Americans into "green" electricity -- which is more expensive than petroleum, all the while in part generated by producing the underlying energy with hydrocarbon products.
27 posted on 09/11/2023 6:30:10 AM PDT by Worldtraveler once upon a time (Degrow government)
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To: GOPJ

gasoline shot up 30 cents per gallon here in the last week. Even more at many stations.

Thanks, “I Did that?!?” Joe.


28 posted on 09/11/2023 6:44:35 AM PDT by John Milner (Marching for Peace is like breathing for food.)
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To: John Milner
...gasoline shot up 30 cents per gallon here in the last week. Even more at many stations.

AND for icing on the cake, President Sniffer Biden is making ZERO effort to replace the oil he took out of our Strategist Oil Reserve...

29 posted on 09/11/2023 6:52:21 AM PDT by GOPJ (Our side must NOT work with democrats. Or we'll Bud Light them...)
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To: RomanSoldier19

Dems do not understand economics.

But they do understand brute force.


30 posted on 09/11/2023 6:59:12 AM PDT by lurk (u)
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To: RomanSoldier19

Higher Energy Prices = Inflation

All dots connect at same point


31 posted on 09/11/2023 7:23:53 AM PDT by Vaduz (....)
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To: RomanSoldier19

BTT


32 posted on 09/11/2023 7:49:51 AM PDT by GailA (Constitution vs evil Treasonous political Apparatchiks, Constitutional Conservative.)
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To: RomanSoldier19

Exactly what is it called when the masses become resigned to accepting that the government is ‘fighting’ a fire which they themselves both initiated and feed like a ravenous boiler’s firebox?

Ironically, your gif is not so metaphorical.


33 posted on 09/11/2023 8:17:05 AM PDT by logi_cal869 (-cynicus the "concern troll" a/o 10/03/2018 /!i!! &@$%&*(@ -)
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To: Iron Munro

And stopping the transportation of natural gas via railway. Things are going to get vey bad soon.


34 posted on 09/11/2023 9:09:03 AM PDT by Georgia Girl 2 (The only purpose of a pistol is to fight your way back to the rifle you should never have dropped)
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