AOC takes down the GOPs inflation talking points in 3 mins

[rightwinger]

And yet supply chains were fine and and all of a sudden its causing inflation?

Supply chains have not been fine for over a year
The shortages are now catching up

 

[jc456]

Dozens of ships no place to dock.
View attachment 517081

Why aren’t those ships by the ports?intentional supply chain tampering by demofks!!! You all hate Americans

 

[Burgermeister]

Supply chains have not been fine for over a year
The shortages are now catching up

Yes labor shortages from Covid fucked up everything. Manufacturing is still unable to catch up, so demand remains high while supply is short, energy has rocketed up under Biden and that always fuels inflation. Interest rates remain at ridiculously low levels. So where do people put their money? Commodities, which further raises commodity prices which further fuels inflation. Building more ports and not raising the interest rates as a solution to inflation is beyond moronic.

 

[rightwinger]

Yes labor shortages from Covid fucked up everything. Manufacturing is still unable to catch up, so demand remains high while supply is short, energy has rocketed up under Biden and that always fuels inflation. Interest rates remain at ridiculously low levels. So where do people put their money? Commodities, which further raises commodity prices which further fuels inflation. Building more ports and not raising the interest rates as a solution to inflation is beyond moronic.

We have automobiles sitting unfinished because they are missing one circuit card

Doesnt take much to disrupt the supply chain. Labor is not the problem

Where do people put their money?
The stock market has reached record highs

Building more port capacity should have been done decades ago

 

[citygator]

Another indicator that AOC is spot on. A strong dollar.

Dollar holds near multi-month highs as Fed meeting in focus

The U.S. dollar hovered near its strongest level since early April against the euro on Monday, as financial markets looked ahead to the Federal Open Market Committee (FOMC) meeting this week for clues on the timing of stimulus tapering.

www.reuters.com

 

[Toddsterpatriot]

Another indicator that AOC is spot on. A strong dollar.

Dollar holds near multi-month highs as Fed meeting in focus

The U.S. dollar hovered near its strongest level since early April against the euro on Monday, as financial markets looked ahead to the Federal Open Market Committee (FOMC) meeting this week for clues on the timing of stimulus tapering.

www.reuters.com

What did she say about a strong dollar?

 

[citygator]

What did she say about a strong dollar?

Monetary inflation leads to a weak dollar. The fact that inflation is spot inflation driven by supply still leaves a strong dollar. Glad you asked.

 

[Toddsterpatriot]

Monetary inflation leads to a weak dollar. The fact that inflation is spot inflation driven by supply still leaves a strong dollar. Glad you asked.

OK, but what did AOC say about a strong dollar?

 

[citygator]

OK, but what did AOC say about a strong dollar?

Number one tactic on this site is misquoting. Show me where I said she said anything about a strong dollar. I am saying a strong dollar is more evidence AOC was right about drivers of spot inflation.

 

[Toddsterpatriot]

I am saying a strong dollar is more evidence AOC was right about drivers of spot inflation.

The dollar index eked out a 0.2% gain last week, benefiting from a safe-haven bid on fears a surge in infections of the fast-spreading Delta variant could derail the global recovery, but paring those gains as strong U.S. earnings lifted stocks.

DURR

 

[The Sage of Main Street]

Yet she is a socialist which by definition makes her a fool

Licking the Boots of the Plutes Who Wear the Boots

More like a slurpy class-climber. Socialism has always been a pet theory for Born to Rule richkids, to get absolute power and 24/7 control over the unentitled.

 

[Eric Arthur Blair]

Reading is fundemental, Clown Boy.
Based on the Rueters article you are citing the dollar is stong...only when compared to the Euro.
And how strong is the dollar, according to Goldman Sachs? Goldman Sachs backs the euro as the dollar hits two-month lows

Not that strong. They advise staying away from the dollar as an investment tool.
And speaking of tools, who looks like one now?

Another indicator that AOC is spot on. A strong dollar.

Wipe the drool from your lips. Both you and the bar maid are wrong.

 

[Eric Arthur Blair]

Number one tactic on this site is misquoting. Show me where I said she said anything about a strong dollar.

Post # 447. Monetary inflation leads to a weak dollar. The fact that inflation is spot inflation driven by supply still leaves a strong dollar. Glad you asked.

I am saying a strong dollar is more evidence AOC was right about drivers of spot inflation.

No it isn't.

 

[citygator]

Reading is fundemental, Clown Boy.
Based on the Rueters article you are citing the dollar is stong...only when compared to the Euro.
And how strong is the dollar, according to Goldman Sachs? Goldman Sachs backs the euro as the dollar hits two-month lows

Not that strong. They advise staying away from the dollar as an investment tool.
And speaking of tools, who looks like one now?

Wipe the drool from your lips. Both you and the bar maid are wrong.

Bookmark this post and next year you can high five me for being right and you’ll have a nice 401k result.

 

[citygator]

Post # 447. Monetary inflation leads to a weak dollar. The fact that inflation is spot inflation driven by supply still leaves a strong dollar. Glad you asked.

No it isn't.

Yes it it.

 

[Eric Arthur Blair]

Yes it it.

No. It isn't! Why is Goldman Sachs recommending dumping the dollar in favor of the Euro, as my citation noted if you are remotely correct?
Inflation is on the rise, highest levels in thirteen years, and the inflationary policies advocated by morons like you and the barmaid from NY promise to take that slow rise and accelerate it like a rocket ship going to the moon.

That's what happens when your imbecilic political ideology drives any rational thoughts away.

 

[Eric Arthur Blair]

Bookmark this post and next year you can high five me for being right and you’ll have a nice 401k result.

Yeah, okay.

 

[citygator]

No. It isn't! Why is Goldman Sachs recommending dumping the dollar in favor of the Euro, as my citation noted if you are remotely correct?
Inflation is on the rise, highest levels in thirteen years, and the inflationary policies advocated by morons like you and the barmaid from NY promise to take that slow rise and accelerate it like a rocket ship going to the moon.

That's what happens when your imbecilic political ideology drives any rational thoughts away.

I’m looking at where the dollar is. It’s healthy. Inflation is priced in. Projections on where it’s going is exactly that. Projections.

 

[Mac1958]

A Democratic Socialist elected to implement those programs to help……We the People
Not the same thing

These people don't understand the difference.

If you're not a Trumpster, you're a commie. That's all they get.

 

[Eric Arthur Blair]

I’m looking at where the dollar is. It’s healthy. Inflation is priced in. Projections on where it’s going is exactly that. Projections.

Tell it to the informed educated financial wizards at Goldman Sachs.

And it isn't that healthy...we now pay more to buy less and that trend is going to accelerate if the democrats
get their way with that infrastructure abomination.