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Post by Deleted on Mar 14, 2024 10:00:15 GMT -5
So if over several years prices have risen from 50% to 300% then the RATE of inflation is reduced to around 10% a year can our government continue to boast that they have inflation under control?
Prices are insane on almost everything. I don’t believe anyone should boast about “controlling inflation” when prices are remaining at these insanely high levels.
Our government is on the wrong track for sure.
My 2 cents.
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Post by tampaspicer on Mar 14, 2024 10:11:29 GMT -5
Corporations took advantage of the covid shortages and raised prices and provided less product. Give them an inch and they'll take a mile. I assure you no matter who's in charge it's going to continue to happen. They been doing it for my entire life.
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Post by nuevowavo on Mar 14, 2024 14:05:19 GMT -5
News flash - If Trump is elected, prices will remain just as high, and will increase. Just not as rapidly as the last few years - that's called the rate of inflation, which has come down, and will continue to do so, no matter who is President. But inflation has always and will always be with us.
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Post by tampaspicer on Mar 14, 2024 14:12:52 GMT -5
News flash - If Trump is elected, prices will remain just as high, and will increase. Just not as rapidly as the last few years - that's called the rate of inflation, which has come down, and will continue to do so, no matter who is President. But inflation has always and will always be with us. BINGO This is a fact |
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Post by conchydong on Mar 14, 2024 14:15:51 GMT -5
I know every year I seem to get inflated more and more.🙄
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Post by meateater on Mar 14, 2024 15:13:34 GMT -5
here i thought outa control spending on proxy wars and other wasteful programs contributed to inflation, thanks for explaining it to me, so nobodys to blame.
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Post by bottom feeder on Mar 14, 2024 15:46:54 GMT -5
Stupid Liberals trying to justify prices up 20% and real wages down 5%.
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Post by Deleted on Mar 14, 2024 15:49:57 GMT -5
Stupid Liberals trying to justify prices up 20% and real wages down 5%. Well I’m certain that the Lefties will try to find a way to blame Trump for the “Bidenflation”. 🤣😂😆🤣😂😆 |
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Post by Deleted on Mar 14, 2024 15:52:27 GMT -5
here i thought outa control spending on proxy wars and other wasteful programs contributed to inflation, thanks for explaining it to me, so nobodys to blame. Again I’m quite certain that the Lefties will try hard to find a way to blame Trump for the “Bidenflation”. 😂🤣😜😆🤡🤣😂😜🤡 |
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Post by Captj on Mar 14, 2024 16:42:19 GMT -5
Some of those "stupid" lefties might be smarter than you think, but go on, keep thinking everyone else is stupid and you're the smart one.
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Post by Deleted on Mar 14, 2024 17:16:10 GMT -5
Some of those "stupid" lefties might be smarter than you think, but go on, keep thinking everyone else is stupid and you're the smart one. Sir, quite the opposite. I believe the Leftists are very intelligent, just misdirected. |
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Post by bswiv on Mar 14, 2024 18:30:37 GMT -5
Corporations took advantage of the covid shortages and raised prices and provided less product. Give them an inch and they'll take a mile. I assure you no matter who's in charge it's going to continue to happen. They been doing it for my entire life. Inflation is generally caused by a increase in money......at least more than one Nobel Laurette in Economics has posited such. As the government creates more dollars and then spreads them around to stimulate the economy there is a increased competition for goods and services......and employees.....all of which drives the cost of those items up. What most folks fail to realize is that unless there is a increase in goods to buy then there is competition for the goods that do get produced. And sense more good can not be produced without more employees, employees who will have to be paid more because there are not enough of them, the price has to go up. Plus.....the cost of all the inputs that go into a product or service go up for precisely the same reason....... A company can not just raise prices, so long as there is competition. It's just not sound economic thinking to believe that in a economy with competing sellers that any one seller can simply raise the price so that they make more money. The talking points just do not hold up to rational examination. |
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Post by olmucky on Mar 14, 2024 18:42:50 GMT -5
So if over several years prices have risen from 50% to 300% then the RATE of inflation is reduced to around 10% a year can our government continue to boast that they have inflation under control? Prices are insane on almost everything. I don’t believe anyone should boast about “controlling inflation” when prices are remaining at these insanely high levels. Our government is on the wrong track for sure. My 2 cents. Everything is fine Buy all your food on Bogo and drive to 6 different stores to get it And don’t need any household goods, just pass on that stuff |
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Post by OhMy on Mar 14, 2024 18:52:51 GMT -5
News flash - If Trump is elected, prices will remain just as high, and will increase. Just not as rapidly as the last few years - that's called the rate of inflation, which has come down, and will continue to do so, no matter who is President. But inflation has always and will always be with us. Inflation is reality. We all know that. Stop trying to come off as some financial expert. Reality also tells under this administration inflation was higher than in 40 years. Last inflation report ticked up. Inflation is not at 2%. You have blinders on if you think inflation in the last 3 years is normal. God bless your clients if you truly are in finance. |
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Post by biminitwisted on Mar 14, 2024 20:12:56 GMT -5
If Biden was at fault for previously high gas prices, is he also responsible for currently low gas prices? Or eggs?
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Post by whitebacon on Mar 14, 2024 20:33:58 GMT -5
If Biden was at fault for previously high gas prices, is he also responsible for currently low gas prices? Or eggs? Nobody gives a shit any more. You're entire existence is based on your hate. If I was your employer I would fire you. Get a life. You are a pathetic bitch. I tried to be friendly with you. You are a sick person. Beyond sicko. |
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Post by Deleted on Mar 14, 2024 20:55:56 GMT -5
If Biden was at fault for previously high gas prices, is he also responsible for currently low gas prices? Or eggs? Well eggs are still 200% of what they were three years ago. Gas is up 70% above what it was 3 years ago. Biden printed money like no one else ever has and put our oil industry in shackles and chains. So yes. Bidens policies are responsible for this RECORD inflation. “ Bidenflation “ for sure. |
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Post by biminitwisted on Mar 14, 2024 21:05:28 GMT -5
If Biden was at fault for previously high gas prices, is he also responsible for currently low gas prices? Or eggs? Well eggs are still 200% of what they were three years ago. Gas is up 70% above what it was 3 years ago. Biden printed money like no one else ever has and put our oil industry in shackles and chains. So yes. Bidens policies are responsible for this RECORD inflation. “ Bidenflation “ for sure. You got me, I'll give Trump 100% credit for the circumstances that made gas prices 70% lower then. |
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Post by luapnor on Mar 14, 2024 21:24:11 GMT -5
Inflation is climbing.... gas prices are going back up. Interest rates arent going down anytime soon.
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Post by biminitwisted on Mar 14, 2024 22:37:25 GMT -5
Inflation is climbing.... gas prices are going back up. Interest rates arent going down anytime soon. Who can even remember who said we'd be in the depths of a depression by now? |
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Post by bswiv on Mar 15, 2024 7:04:40 GMT -5
If Biden was at fault for previously high gas prices, is he also responsible for currently low gas prices? Or eggs? Beyond the fact that so many are willing to ascribe to and expect from ONE MAN actions on all manner of things impacting the lives of 330 millions of souls, a situation that points to a admission that they are completely comfortable with a "strong man", which is particularly sad for a people who say they love democracy, there is the question of external causation.......basically what the rest of the world's billions are doing, or having done to them. Plus......let us be clear......BOTH TEAMS in Congress signed off on the nonsense. Not sure how it makes the Team Players feel to know that their chosen policy fits perfectly the chosen policy of Ol' Mitch or Nancy......but it should give one pause. |
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Post by Deleted on Mar 15, 2024 7:30:07 GMT -5
Hopefully someone will close the borders and begin “drill baby drill” early next year.
This should begin to pull the country out of this terrible slide to oblivion.
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Post by olmucky on Mar 15, 2024 8:18:01 GMT -5
Housing affordability is the worst it's been in decades, thanks to a spike in home prices and mortgage rates. Combined, the two have helped to push the typical salary required nationwide for homeownership up to $106,500 – a stunning 61% increase from the $59,000 required just four years ago, according to Zillow.
We are still not at the 2008 level however
The average rate for a 30-year fixed loan rose to 6.74% this week, Freddie Mac reported, well above the pandemic-era lows of 3%.
Even though mortgage rates are nearly double what they were three years ago, home prices have hardly budged.
That is largely due to a lack of available homes for sale. Sellers who locked in a low mortgage rate before the pandemic began have been reluctant to sell, leaving few options for eager would-be buyers.
The Federal Reserve's aggressive interest-rate hike campaign sent mortgage rates soaring above 8% for the first time in nearly two decades last year. Rates have been slow to retreat, hovering near 7% as hotter-than-expected inflation data dashed investors' hopes for immediate rate cuts.
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Post by OhMy on Mar 15, 2024 8:25:19 GMT -5
What ever happened to Putin's price hike.
Remember the bullshit this admin was feeding you at the start of the war.
Sanctions will cripple Russia to their knees and everything cost more money cause of Putin.
Now I hear he is blaming the corporations... Anyone but his policies. Typical career politician.
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Post by cyclist on Mar 15, 2024 9:05:17 GMT -5
If Biden was at fault for previously high gas prices, is he also responsible for currently low gas prices? Or eggs? Well eggs are still 200% of what they were three years ago. Gas is up 70% above what it was 3 years ago. Biden printed money like no one else ever has and put our oil industry in shackles and chains. So yes. Bidens policies are responsible for this RECORD inflation. “ Bidenflation “ for sure. Wrong. Bird flue for the eggs, world issues for gasoline, and as far as inflation goes...more people are eating out and spending more in stores than ever, there is no reason for retailers and suppliers to reduce prices when American citizens are spending so much money. Why are they spending so much? Could it be that there are more jobs and less unemployment than ever and wages are increasing? |
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Post by johngalt on Mar 15, 2024 9:19:51 GMT -5
Some of you need to understand what inflation is and how it is calculated.
Hint, our corrupt incompetent government is still printing billions of dollars a month. And is hiring thousands of people along with state governments.
Government spending is increasing thus driving up prices.
Nothing will change until the house of cards collapses.
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Post by johngalt on Mar 15, 2024 9:21:15 GMT -5
Well eggs are still 200% of what they were three years ago. Gas is up 70% above what it was 3 years ago. Biden printed money like no one else ever has and put our oil industry in shackles and chains. So yes. Bidens policies are responsible for this RECORD inflation. “ Bidenflation “ for sure. Wrong. Bird flue for the eggs, world issues for gasoline, and as far as inflation goes...more people are eating out and spending more in stores than ever, there is no reason for retailers and suppliers to reduce prices when American citizens are spending so much money. Why are they spending so much? Could it be that there are more jobs and less unemployment than ever and wages are increasing? Is that what the Ministry of Truth told you?😂 |
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Post by cyclist on Mar 15, 2024 9:22:26 GMT -5
Wrong. Bird flue for the eggs, world issues for gasoline, and as far as inflation goes...more people are eating out and spending more in stores than ever, there is no reason for retailers and suppliers to reduce prices when American citizens are spending so much money. Why are they spending so much? Could it be that there are more jobs and less unemployment than ever and wages are increasing? Is that what the Ministry of Truth told you?😂 Bone up on the news alt fact boy. |
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Post by chronicbreak on Mar 15, 2024 10:02:36 GMT -5
Corporations took advantage of the covid shortages and raised prices and provided less product. Give them an inch and they'll take a mile. I assure you no matter who's in charge it's going to continue to happen. They been doing it for my entire life. Inflation is generally caused by a increase in money......at least more than one Nobel Laurette in Economics has posited such. As the government creates more dollars and then spreads them around to stimulate the economy there is a increased competition for goods and services......and employees.....all of which drives the cost of those items up. What most folks fail to realize is that unless there is a increase in goods to buy then there is competition for the goods that do get produced. And sense more good can not be produced without more employees, employees who will have to be paid more because there are not enough of them, the price has to go up. Plus.....the cost of all the inputs that go into a product or service go up for precisely the same reason....... A company can not just raise prices, so long as there is competition. It's just not sound economic thinking to believe that in a economy with competing sellers that any one seller can simply raise the price so that they make more money. The talking points just do not hold up to rational examination. Ben, you are trying to rationalize with an audience that get their information from Tik Tok and twitter. But thank you for at least bringing the rational. |
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Post by luapnor on Mar 15, 2024 10:07:58 GMT -5
Corporations took advantage of the covid shortages and raised prices and provided less product. Give them an inch and they'll take a mile. I assure you no matter who's in charge it's going to continue to happen. They been doing it for my entire life. Inflation is generally caused by a increase in money......at least more than one Nobel Laurette in Economics has posited such. As the government creates more dollars and then spreads them around to stimulate the economy there is a increased competition for goods and services......and employees.....all of which drives the cost of those items up. What most folks fail to realize is that unless there is a increase in goods to buy then there is competition for the goods that do get produced. And sense more good can not be produced without more employees, employees who will have to be paid more because there are not enough of them, the price has to go up. Plus.....the cost of all the inputs that go into a product or service go up for precisely the same reason....... A company can not just raise prices, so long as there is competition. It's just not sound economic thinking to believe that in a economy with competing sellers that any one seller can simply raise the price so that they make more money. The talking points just do not hold up to rational examination. It is what they are told to think as they have abandoned all attempts to do that for themselves.
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