Who's responsible for the current high prices?

[Crepitus]

Ahh ok, then it wouldn’t apply to you

What wouldn't apply to me?

 

[ThisIsMe]

What wouldn't apply to me?

Nothing. It wasn’t important anyway.

 

[YoursTruly]

That's your idea, jackass.

Name one thing that Trump did that proves he's not a weak RINO.

 

[JWBooth]

The attached article may be a tad over the heads of the libtards here, there are multi syllabic words and all. The actual, non fiction, truth of the matter is presented here pretty succinctly.

This is a Blueprint for How the Dollar Goes Kaput | Schiff Sovereign

That infernal clanging you might have heard outside your bedroom window this morning was the sound of the proverbial can being kicked down the road, yet again. With no agreement on spending anywhere…

www.sovereignman.com

Some excerpts:

"Social Security, for example, was one of the biggest buyers of US government bonds for several decades. And at this point they own roughly $3 trillion of the national debt. But Social Security is now bleeding so much money that the program is no longer able to loan the Treasury Department any more money."
It’s actually quite bizarre when you think about it; they make a few entries into an electronic ledger, and, poof, new money exists.


"(It’s essentially the electronic version of having a printing press, which is why we often just say that the Fed ‘prints money’.)
The Fed then lends that money to the federal government, and the mechanism for this is buying US Treasury bonds.
Because the Fed has this special ability to print money– something which no one else is legally allowed to do– there is realistically no limit to how many bonds they can buy. If the government needs to borrow $20 trillion, the Fed has the capacity to print and lend $20 trillion."


"And this is the key issue: when individuals, corporations, or even foreign governments buy US Treasury Bonds, they are buying those bonds with existing money that’s already in the system. But when the Fed buys US Treasury Bonds, they do it by conjuring new money out of thin air. And this new money creates more inflation."

 

[bripat9643]

Lots of ways. Travel bans for instance.

He only proposed to ban travel from China, shit for brains, and he got booed out of doing that.

Name one thing that Trump did that proves he's not a weak RINO.

Sealed the border, Canceled thousands of regulations. Killed that terrorist in Iran.

 

[YoursTruly]

Sealed the border,

That didn't happen.

Canceled thousands of regulations.

Thousands?

Killed that terrorist in Iran.

So did Obama.

 

[Oddball]

The attached article may be a tad over the heads of the libtards here, there are multi syllabic words and all. The actual, non fiction, truth of the matter is presented here pretty succinctly.

This is a Blueprint for How the Dollar Goes Kaput | Schiff Sovereign

That infernal clanging you might have heard outside your bedroom window this morning was the sound of the proverbial can being kicked down the road, yet again. With no agreement on spending anywhere…

www.sovereignman.com

Some excerpts:

"Social Security, for example, was one of the biggest buyers of US government bonds for several decades. And at this point they own roughly $3 trillion of the national debt. But Social Security is now bleeding so much money that the program is no longer able to loan the Treasury Department any more money."
It’s actually quite bizarre when you think about it; they make a few entries into an electronic ledger, and, poof, new money exists.


"(It’s essentially the electronic version of having a printing press, which is why we often just say that the Fed ‘prints money’.)
The Fed then lends that money to the federal government, and the mechanism for this is buying US Treasury bonds.
Because the Fed has this special ability to print money– something which no one else is legally allowed to do– there is realistically no limit to how many bonds they can buy. If the government needs to borrow $20 trillion, the Fed has the capacity to print and lend $20 trillion."


"And this is the key issue: when individuals, corporations, or even foreign governments buy US Treasury Bonds, they are buying those bonds with existing money that’s already in the system. But when the Fed buys US Treasury Bonds, they do it by conjuring new money out of thin air. And this new money creates more inflation."

B-b-b-b-but corporate profits!!!

 

[YoursTruly]

B-b-b-b-but corporate profits!!!

Corporate profits are part of the reason why prices don't come down, when inflation drops. Not all the problem, obviously.

 

[Oddball]

Corporate profits are part of the reason why prices don't come down, when inflation drops. Not all the problem, obviously.

OK, no argument....But all it takes is a few actors in the marketplace, taking a little less to draw more customers, to bring the prices down....This always eventually happens.

The general economy moves more like an aircraft carrier than an F1 car.

 

[bripat9643]

That didn't happen.

Yes it did. He got illegal crossings down to 40K/mo, 1/10th of the current rate.

Thousands?

Yes, thousands

So did Obama.

Obama got us involved in several wars.

 

[bripat9643]

Corporate profits are part of the reason why prices don't come down, when inflation drops. Not all the problem, obviously.

corporate profits have nothing to do with inflation.

 

[JWBooth]

Corporate profits are part of the reason why prices don't come down, when inflation drops. Not all the problem, obviously.

While the inflation rate may run from 3 - 9% or better there is no deflation so if it grew 10% the previous year, that is the starting place for this year’s 3%

 

[whitehall]

Same old story from the socialist left. When prices are relatively low the left credits democrat administrations but when they are high the capitalist corporations get blamed.

 

[YoursTruly]

While the inflation rate may run from 3 - 9% or better there is no deflation so if it grew 10% the previous year, that is the starting place for this year’s 3%

Prices never come down. Except for gas/oil. (commodities). If inflation drops, the price of most things don't. This is the corporate part of this equation.
Corporate greed and inflation are both part of this.

I'm not sure why people will argue that there's only one factor in this.

Some folks just want to argue in defense of their side. It's retarded.

 

[d0gbreath]

I've sat in enough corporate bored room meetings to know where higher prices come from. If you're not grubbing for more dough, how can you call yourself a Capitalist? In God we trust is printed where?

 

[bripat9643]

Prices never come down. Except for gas/oil. (commodities). If inflation drops, the price of most things don't. This is the corporate part of this equation.
Corporate greed and inflation are both part of this.

I'm not sure why people will argue that there's only one factor in this.

Some folks just want to argue in defense of their side. It's retarded.

So-called "Corporate greed" has nothing to do with inflation, dumbass. Government spending more than it takes in is what causes it.

 

[bripat9643]

The attached article may be a tad over the heads of the libtards here, there are multi syllabic words and all. The actual, non fiction, truth of the matter is presented here pretty succinctly.

This is a Blueprint for How the Dollar Goes Kaput | Schiff Sovereign

That infernal clanging you might have heard outside your bedroom window this morning was the sound of the proverbial can being kicked down the road, yet again. With no agreement on spending anywhere…

www.sovereignman.com

Some excerpts:

"Social Security, for example, was one of the biggest buyers of US government bonds for several decades. And at this point they own roughly $3 trillion of the national debt. But Social Security is now bleeding so much money that the program is no longer able to loan the Treasury Department any more money."
It’s actually quite bizarre when you think about it; they make a few entries into an electronic ledger, and, poof, new money exists.


"(It’s essentially the electronic version of having a printing press, which is why we often just say that the Fed ‘prints money’.)
The Fed then lends that money to the federal government, and the mechanism for this is buying US Treasury bonds.
Because the Fed has this special ability to print money– something which no one else is legally allowed to do– there is realistically no limit to how many bonds they can buy. If the government needs to borrow $20 trillion, the Fed has the capacity to print and lend $20 trillion."


"And this is the key issue: when individuals, corporations, or even foreign governments buy US Treasury Bonds, they are buying those bonds with existing money that’s already in the system. But when the Fed buys US Treasury Bonds, they do it by conjuring new money out of thin air. And this new money creates more inflation."

Social Security is the government, moron

 

[Hutch Starskey]

Half of recent US inflation due to high corporate profits, report finds​

The corporations have been quick to pass on any increases in cost, but not inclined to pass on the savings when costs went back down.

So not really inflation anymore, but greedflation.

This, my republican friends, is why capitalism requires regulation and oversight.

As always, the truth is in the profits.

What Role Do Record Corporate Profits Play in Food Inflation?

As high food prices finally start to cool down, food companies continue to make record profits. We talked to experts to find out why.

civileats.com

 

[Hutch Starskey]

Corporate profits did it my ass...

How do profits rise so precipitously if they’re simply covering their costs?

 

[bripat9643]

As always, the truth is in the profits.

What Role Do Record Corporate Profits Play in Food Inflation?

As high food prices finally start to cool down, food companies continue to make record profits. We talked to experts to find out why.

civileats.com

profits have nothing to do with inflation, moron