Consumer Price Index rose 3.2% in October


That is down from the 3.7% in September. The Fed and the WH are slowly shipping away at a, pandemic caused, spike in inflation. If this trend continues into December, the Fed may leave interest rates at their present level. Bidenomics in slowly working and should lead to a long term trend of stability in the US economy. Other countries in the world are still seeing record high inflation, no so true of the US.
Biden is doing a very good job!
 
A rare bit of candor from the Dem / Socialist controlled media.


WASHINGTON — No one seems to like “Bidenomics,” the eponymous shorthand for Joe Biden’s economic policies — not voters, not Democratic officials, not even, at times, the president himself.


Obviously, Sloppy Joe can’t explain anything about “Bidenomics” because his handlers never told him what it is.

Old Stumblebum is required to read what’s on the teleprompter and shut up.

It’s a term that mystifies Americans and confounds even its namesake. “I don’t know what the hell that is,” Biden said in a speech in Philadelphia earlier this year.
 
Inflation and interest rates are both from COVID and both going down.

Wars are happening all the time and it's the RESPONSE that's important. Biden is doing well on half of the wars.

I'll give him time to get Israel together.

Um, no. Inflation and high interest rates are from Dem / Socialist spending and a litany of really stupid economic policies
 
Let’s settle an issue you seem to be bi on.

1. Do you understand that Biden’s delusional green new deal disaster was the cause of inflation? Do you understand the theory of dilution as it applies to flooding the economy with dollars?

2. Do you understand the connection between currency dilution and inflation, thus the Fed increasing interest rates?
He understands...very little.
 
That post is evidence that you should probably be in some sort of assisted living situation.,
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Gas locally is hitting $2.98.

Our houses and tillable lands have appreciated nicely.
Our equity has charged ahead beyond expectations.
And Bad Vlad Putin' stopping grain outta Ukraine has boosted our farm income ..... a lot. (supply & demand, you know ;))
Thanx Vlad.
 

That is down from the 3.7% in September. The Fed and the WH are slowly shipping away at a, pandemic caused, spike in inflation. If this trend continues into December, the Fed may leave interest rates at their present level. Bidenomics in slowly working and should lead to a long term trend of stability in the US economy. Other countries in the world are still seeing record high inflation, no so true of the US.
Build Back Bankrupt.
 

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