AOC takes down the GOPs inflation talking points in 3 mins

Food, gas and housing prices are all out of control. Good luck trying to avoid them in your life. When the price rises to a level where people are unwilling to buy, there is demand destruction. And that is when business suffers and a downward economic cycle ensues. AOC doesn't know WTF she's talking about. Having graduated 3rd in her class at BU, she should be the poster child for how bogus a college degree is these days. But her lack of education is another whole topic.
 
By the way for an historic analogy the current increase in the rate inflation is much more analogous to that of 1946 than it is to the inflation of the '70s. During World War II virtually no consumer durables were manufactured. When the war ended there was huge pent up demand and very few goods (see graph below).
[IMG]

Somewhat similar situation now, shortage of goods as the result of the reopening of the economy amplified by the "just in time" method of inventory managementmaking it extremely difficult to cope witha sudden large increase in demand. The inflation rate should drop although probably not to the level prior to the pandemic once supply and demand are more in equilibrium. Already happened with lumber prices.
[IMG]
The issue is that many people warned this inflation would happen if the Progs were elected. Old moderate Joe done the side step to many Prog agendas. You crucified nationalism and falsely called it fascist and other nasty names. All for the glory of Globalism. Many Americans are to stupid to realize they are being blended into the new world order and their standard of living in real terms is dropping at an increasing percentage and many with wealth by fiat currency may find that fleeting.
 
Today's trump Nazis are the same as the stupid fools that worshiped Ronald Reagan and every other Republican crook that sold them on Reagan's trickle down snake oil.
This thread has been a hoot. AOC nailed it (and in fairness, it's not exactly complicated), and the Trumpsters (who get their education and training in this area from Hannity and Tucker, and before that Rush) are looking down their nose at her and insulting her.

Because they're so insulated in their little world, they don't know that she's not the only person saying this. The entire financial industry is.

As I always say, there is no better example of the arrogant ignorance of Trumpism than the topic of economics and markets.
 
This thread has been a hoot. AOC nailed it (and in fairness, it's not exactly complicated), and the Trumpsters (who get their education and training in this area from Hannity and Tucker, and before that Rush) are looking down their nose at her and insulting her.

Because they're so insulated in their little world, they don't know that she's not the only person saying this. The entire financial industry is.

As I always say, there is no better example of the arrogant ignorance of Trumpism than the topic of economics and markets.
It’s really the same old song…‘We’re not failing, We just need to spend more.’

Good grief…this is stupid.
 
It’s really the same old song…‘We’re not failing, We just need to spend more.’

Good grief…this is stupid.
Spending? Huh? What in the world are you talking about, Trumpster?

Here, I'll try again: While you're pretending to know what you're talking about on this topic, you may want to Google "inflation supply chain".

Too complicated? Too much work? Here, let me help: https://www.google.com/search?q=inf...j0i22i30l2.4350j0j15&sourceid=chrome&ie=UTF-8

AOC knows what's going on. The financial industry knows what's going on. Tucker and Hannity and your websites don't.
 
This thread has been a hoot. AOC nailed it (and in fairness, it's not exactly complicated), and the Trumpsters (who get their education and training in this area from Hannity and Tucker, and before that Rush) are looking down their nose at her and insulting her.

Because they're so insulated in their little world, they don't know that she's not the only person saying this. The entire financial industry is.

As I always say, there is no better example of the arrogant ignorance of Trumpism than the topic of economics and markets.
Go fuck yourself Mr millionare Biden inflation is out of control

Btw I thought rich people counted their pennies ?
 
Spending? Huh? What in the world are you talking about, Trumpster?

Here, I'll try again: While you're pretending to know what you're talking about on this topic, you may want to Google "inflation supply chain".

Too complicated? Too much work? Here, let me help: https://www.google.com/search?q=inf...j0i22i30l2.4350j0j15&sourceid=chrome&ie=UTF-8

AOC knows what's going on. The financial industry knows what's going on. Tucker and Hannity and your websites don't.
I’m looking at what’s going on today as merely a high school educated, middle class, blue collar, truck driver with 28 years experience.

In my life I’ve seen this show before, and the ending was miserable. Interest rates in the 20s to buy a house, or car. High unemployment. Crime, welfare….

Tell me why those ships are backed up at ports? Tell me why ports can’t get product moved?

Tell me why Biden has spent 3 trillion in his short time, and wants another 3.5 trillion again…And the bartender wants more? Come on man…
 
AOC explained it. The entire financial industry agrees with her. I provided a really simple link for you.

I've made this as simple as I can. You just lack the capacity to understand it.
My wallet understands it fully
 
I’m looking at what’s going on today as merely a high school educated, middle class, blue collar, truck driver with 28 years experience.

In my life I’ve seen this show before, and the ending was miserable. Interest rates in the 20s to buy a house, or car. High unemployment. Crime, welfare….

Tell me why those ships are backed up at ports? Tell me why ports can’t get product moved?

Tell me why Biden has spent 3 trillion in his short time, and wants another 3.5 trillion again…And the bartender wants more? Come on man…
I have explained what is happening. AOC did a good job with her explanation. I provided a link with a wealth of information.

Maybe this is just beyond you.
 
I have explained what is happening. AOC did a good job with her explanation. I provided a link with a wealth of information.

Maybe this is just beyond you.
Oh yeah we get it your the only person on the planet who knows what communism and socialism is

Guess what we know how much Biden inflation is killing us
 
This is where lightweight Mac starts replying through smilies…He tried a lazy, weak defense, and got busted to the point where he has to go deeper, and can’t…investment advisor my ass.
 

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