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Supply chains have not been fine for over a yearAnd yet supply chains were fine and and all of a sudden its causing inflation?
The shortages are now catching up
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Supply chains have not been fine for over a yearAnd yet supply chains were fine and and all of a sudden its causing inflation?
Why aren’t those ships by the ports?intentional supply chain tampering by demofks!!! You all hate AmericansDozens of ships no place to dock.
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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.Supply chains have not been fine for over a year
The shortages are now catching up
We have automobiles sitting unfinished because they are missing one circuit cardYes 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.
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
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.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.
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.OK, but what did AOC say about a strong dollar?
I am saying a strong dollar is more evidence AOC was right about drivers of spot inflation.
Licking the Boots of the Plutes Who Wear the BootsYet she is a socialist which by definition makes her a fool
Wipe the drool from your lips. Both you and the bar maid are wrong.Another indicator that AOC is spot on. 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.Number one tactic on this site is misquoting. Show me where I said she said anything about a strong dollar.
No it isn't.I am saying a strong dollar is more evidence AOC was right about drivers of spot inflation.
Bookmark this post and next year you can high five me for being right and you’ll have a nice 401k result.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.
Yes it it.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.
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?Yes it it.
Yeah, okay.Bookmark this post and next year you can high five me for being right and you’ll have a nice 401k result.
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.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.
These people don't understand the difference.A Democratic Socialist elected to implement those programs to help……We the People
Not the same thing
Tell it to the informed educated financial wizards at Goldman Sachs.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.