Turn Blue in less than 6 hours. Thank you all.

He won't be back to own his ridculous take. It's the way Dems operate.

Red Pear Realty said:

---

That's exactly what I'm saying and reactions tend to be moderately aggressive (even here) when I suggest that during times of inflation, the rich get a whole lot richer at the expense of the poor and middle classes. Hell folks here got pissy when we suggested that this whole mess would last 4 to 5 years minimum.

---

People really don't know how or what the Fed is, sadly. They don't know that the government wants to cut the debt by creating inflation. They don't understand that they want Fedcoin so they can then pull money from everyone's bank account whenever they want to.

They want exactly what the CCP has.... What if the government could hit your bank for posting on here in opposition to Biden/Harris? They'd have done it in a heartbeat during covid.

Taco Bell. Within living memory. How far we have fallen.

What in the world were you doing eating at Taco Bell at 1:30pm? Already drunk for game day or something? Nice find, though.

But wait, it's got nothing to do with the democrats/trillions in green new deal spending, it was just food and oil companies deciding to charge more since covid.

We saw a spike in inflation due to the record-breaking profits of the food and oil industries, which have raised their prices exponentially to rip off the American consumer.

Want to know why everything costs more these days?

Corporate greed. pic.twitter.com/0UgMKzYpuJ

— Bernie Sanders (@SenSanders) October 25, 2024

So this was all collision by big oil and big food?


Hahahahahahah!!! bawhahaha!!!

Kenneth_2003 said:

---

So this was all collision by big oil and big food?


Hahahahahahah!!! bawhahaha!!!

---

Yes, the left actually believes this. I've heard it with my own ears from a leftist in-law who happens to be an Econ professor. It's why Kamala is talking about anti-price gouging laws. They really are that economically stupid.

This is one of those threads I always click on just to see if OP has the balls to step up and take the beat down.....like a fly to a flame, I can't resist.

Of course he is a no show again.......

Definitely Not A Cop said:

---

Can we get an update from the OP on if we should be concerned about inflation?

---

You are more likely to hear how a dinner with two teas and chicken fajitas are going to help us run the comeback route through many holes on the way to buy a truckbed toolbox from a gay cowboy artist in Doss.




.....and I'll hang around as long as you will let me.

Definitely Not A Cop said:

---

Can we get an update from the OP on if we should be concerned about inflation?

---

Well, it's Trump's inflation, so of course it's terrible and is going to destroy our nation.

I'd really like to know who the 15 people are whom starred the OP.

Señor Chang said:

---

I'd really like to know who the 15 people are whom starred the OP.

---

You already know. Our resident leftists.

The #1 dumbest post has been bumped; another angel got its wings!!!

CDUB98 said:

---

Definitely Not A Cop said:

---

Can we get an update from the OP on if we should be concerned about inflation?

---

Well, it's Trump's inflation, so of course it's terrible and is going to destroy our nation.

---

I read a headline talking about the weak monthly job figures this morning, citing Trump's first full month in office. Never mind that it's been a trend for well over a year.

Definitely Not A Cop said:

---

Can we get an update from the OP on if we should be concerned about inflation?

---

I would say a wellness check is definitely in order. Probably long overdue.

Most of the Alan Blinder acolytes are in witness protection programs for economists.

Well, except for Blinder himself who continues to mostly defend his team transitory projections. Some people have no shame even when they have been so blatantly wrong as to become their own (and self-owned) meme.

TRANSITORY!

It's now called 'affordability.' Pay no attention to oil/gas prices falling this summer/fall.

Core rate is 2.9%, slightly above the Fed target of 2% (which is too low actually but they can continue to quote Economic Theory books) There are many of the thought that some inflation, say 4-5%, is a good thing, helps create jobs and investment. A theory the street believes in more than 100 year old Theory.

The things that make wall st happy may not be the same things that make voters happy.

austinAG90 said:

---

Core rate is 2.9%, slightly above the Fed target of 2% (which is too low actually but they can continue to quote Economic Theory books) There are many of the thought that some inflation, say 4-5%, is a good thing, helps create jobs and investment. A theory the street believes in more than 100 year old Theory.

---

Been saying this for a while. 2.0% is a pipe dream.

amercer said:

---

The things that make wall st happy may not be the same things that make voters happy.

---

The folks in power care about numbers getting bigger.... thats all they're focused on. The illusion of growth makes the extremely wealthy wealthier... and thats the focus.

3% is the floor now. Sad.

austinAG90 said:

---

Core rate is 2.9%, slightly above the Fed target of 2% (which is too low actually but they can continue to quote Economic Theory books) There are many of the thought that some inflation, say 4-5%, is a good thing, helps create jobs and investment. A theory the street believes in more than 100 year old Theory.

---

You aren't using the words "slightly above" correctly


If you had an employee that missed one of their only two KPIs by 50% over the last six years, would you fire them?

"I did that"

Mike Novogratz: The US has $40T of debt and there's only one way out.

"The only way we deal with that debt is to inflate it away. Period. End of story."

Run 4% inflation while convincing markets you're targeting 2%. Do that for 10 years and you've erased 30% of real debt.

The… pic.twitter.com/UBrdAEIBNZ

— Milk Road (@milkroaddaily) June 15, 2026

Quote:

---

Mike Novogratz: The US has $40T of debt and there's only one way out.

"The only way we deal with that debt is to inflate it away. Period. End of story."

Run 4% inflation while convincing markets you're targeting 2%. Do that for 10 years and you've erased 30% of real debt.

The danger is that people could lose confidence, and 4% becomes 14% or 40% - wiping out debt AND wealth simultaneously.

---

Will we ever get a government that will stop printing money? I do like the efforts of Vance and team to curb the fraud but the truth is it is way too easy to rip the government off. You had Elon in there and that didn't work out as they simply cast him out. Trump is a big spender but I like some of his approaches to gut the federal government and let the states run what they should be running (Department of Education etc).

We need a Milei type President and a congress that will work with him. Hoping for the Save Act to go through as that might help us elect some fiscally responsible leaders.

Dungeon Crawler Carl said:

---

austinAG90 said:

---

Core rate is 2.9%, slightly above the Fed target of 2% (which is too low actually but they can continue to quote Economic Theory books) There are many of the thought that some inflation, say 4-5%, is a good thing, helps create jobs and investment. A theory the street believes in more than 100 year old Theory.

---

You aren't using the words "slightly above" correctly


If you had an employee that missed one of their only two KPIs by 50% over the last six years, would you fire them?

---

It would depend on if I hired that person or they were forced on me.