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There are plenty of people in the finance industry who feel otherwise.
Mind your own businessBiden is PAYING for what he's doing. Trump put it all on the credit card. You fools always complain that Democrats "tax and spend", but they tax BEFORE they spend. Republicans spend without taxing. That's why they keep crashing the economy.
Biden is PAYING for what he's doing.
Nothing new here which the Trumpsters had no problem when Trump was spending like aa drunken sailor...
There is very little quotes of Lachman himself and no quote of 'Latin America'... This is an OAN article which can be taken with a gain of salt...
There was nothing wrong when Trump did it... Same old story, becoming fisical conservatives as soon as your kicked out of the WH..
Trump was never spending like a drunk sailor..
Oh good lord.Trump was never spending like a drunk sailor..
They don't care.Really? In his 8 years the big spending Obama averaged spending 21.42% of the GDP annually. In his 4 years Trump averaged spending 26.26% of the GDP annually. That is a 23% increase over the big spending Obama.
And who's getting that?Why work when you can get a loan for hundreds of thousands of dollars?
This is what happens when you live near farm land.And who's getting that?
Stop babbling. You got caught being stupid...againThis is what happens when you live near farm land.
For one, every slum in Nassau County and lots of Chicago.
My village is turning into Hotel City; the houses have their own zip code.
Every square inch of the US is being gutted out and mansions are replacing small houses.
The banks will wind up owning every square inch of the US.
I see retirees who have paid off their mortgage taking out loans because they know they will be long dead by the time the sheriff shows up to board up their house.
Elaborate...no ad hominems.Stop babbling. You got caught being stupid...again
And that is what they call equity.According to the experts at the IMF, the Fucktard's economic policies will collapse our economy....
Welcome to living in a third-world country!!!!
IMF economist: Biden’s policies to turn U.S. into Latin American-style economy
A rising number of economist have warned Joe Biden's policies could turn the U.S. into a Latin American type of economy. On Monday, Former International Monetary Fund Deputy Director Desmond Lachman said Biden's inflation, money printing and high government spending posed a problem for the U.S...www.oann.com
A rising number of economist have warned Joe Biden’s policies could turn the U.S. into a Latin American type of economy. On Monday, Former International Monetary Fund Deputy Director Desmond Lachman said Biden’s inflation, money printing and high government spending posed a problem for the U.S. economy.
Lachman said Biden’s policies could push the U.S. budget deficit up to 15 percent per year. He warned this was not a sustainable level of deficit spending, which may bankrupt the U.S.
Lachman went on to point out such policies lead to devaluation of the national currency and fuel poverty, as seen in many Latin American countries.
“What we’ve already got in the pipeline is going to cause inflation,” he asserted. “Now if you can add infrastructure plan and the families plan, and it’s not going to be properly financed with real taxes that restrain spending, then you’re just going to be adding to the inflationary pressures.”
Lachman added the federal reserve would have to raise interest rates and halt money printing to curb inflation. However, he said this wouldn’t help solve budget problems.
“What I think has gone wrong in this country is that there’s no real constituency for anything vaguely approaching a responsible budget policy,” he expressed. “This is how we see that budget deficit keeps rising and the debt keeps rising.”
Lachman went on to warn Biden’s policies will eventually result in bubbles bursting in the housing and stock markets, which could bring on a new recession in the nation.
The Numbers Are In, Biden’s Inflation Is Not Going Away
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal. “We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a...www.conservativedailynews.com
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to surveyed economists.
- Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal.
- “We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
- The consumer price index, an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed.
We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
Inflation will fall slightly to 2.3% annually in 2022 and 2023, the economists predicted, the WSJ reported. Overall, prices would increase 2.58% per year over the next three years, the sharpest inflation increase since the 1990s, if the projection is correct.
The consumer price index (CPI), an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed. The personal consumption expenditures index, which is used by the Federal Reserve, surged 3.4% in the 12-month period ending May, the biggest leap since 1992.
American consumers’ fear of inflation has also hit new highs as gasoline, food, health care and home prices have ticked up in recent months.
“I’m not saying hyperinflation is around the corner, just that a lot of things have come together in the last year, and the overall trend of costs across the board is growing faster than in the last five or 10 years,” American Chemistry Council chief economist Kevin Swift said, according to the WSJ.
“Inflation is expected to surge longer and longer — longer than the Fed previously thought,” Grant Thornton chief economist Diane Swonk told the WSJ. “The Fed is now likely to raise rates in the first half of 2023, although some Fed presidents will be nipping at the bit to move sooner.”
Several economists have sounded the alarm on large, trillion-dollar spending packages backed by President Joe Biden, arguing they will drive inflation further. Former Treasury Secretary Larry Summers and Peter Schiff, the chief economist and global strategist at Euro Pacific Capital, said the government is the cause of increased prices.
“The 100% cause of inflation is the government,” Schiff previously told the DCNF. “It’s when the government spends money that it doesn’t collect in taxes and then the Federal Reserve monetizes the resulting deficits by printing money.”
Some suspect the democrats and some republicans are trying to ruin this nation so a Global Government can take over the world. Trump’s nationalism set those plans back a decade. That’s why those in power were so desperate to get Trump out of office and now are trying to make damn sure he can’t run again for President.According to the experts at the IMF, the Fucktard's economic policies will collapse our economy....
Welcome to living in a third-world country!!!!
IMF economist: Biden’s policies to turn U.S. into Latin American-style economy
A rising number of economist have warned Joe Biden's policies could turn the U.S. into a Latin American type of economy. On Monday, Former International Monetary Fund Deputy Director Desmond Lachman said Biden's inflation, money printing and high government spending posed a problem for the U.S...
A rising number of economist have warned Joe Biden’s policies could turn the U.S. into a Latin American type of economy. On Monday, Former International Monetary Fund Deputy Director Desmond Lachman said Biden’s inflation, money printing and high government spending posed a problem for the U.S. economy.
Lachman said Biden’s policies could push the U.S. budget deficit up to 15 percent per year. He warned this was not a sustainable level of deficit spending, which may bankrupt the U.S.
Lachman went on to point out such policies lead to devaluation of the national currency and fuel poverty, as seen in many Latin American countries.
“What we’ve already got in the pipeline is going to cause inflation,” he asserted. “Now if you can add infrastructure plan and the families plan, and it’s not going to be properly financed with real taxes that restrain spending, then you’re just going to be adding to the inflationary pressures.”
Lachman added the federal reserve would have to raise interest rates and halt money printing to curb inflation. However, he said this wouldn’t help solve budget problems.
“What I think has gone wrong in this country is that there’s no real constituency for anything vaguely approaching a responsible budget policy,” he expressed. “This is how we see that budget deficit keeps rising and the debt keeps rising.”
Lachman went on to warn Biden’s policies will eventually result in bubbles bursting in the housing and stock markets, which could bring on a new recession in the nation.
The Numbers Are In, Biden’s Inflation Is Not Going Away
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal. “We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a...
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to surveyed economists.
- Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal.
- “We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
- The consumer price index, an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed.
We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
Inflation will fall slightly to 2.3% annually in 2022 and 2023, the economists predicted, the WSJ reported. Overall, prices would increase 2.58% per year over the next three years, the sharpest inflation increase since the 1990s, if the projection is correct.
The consumer price index (CPI), an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed. The personal consumption expenditures index, which is used by the Federal Reserve, surged 3.4% in the 12-month period ending May, the biggest leap since 1992.
American consumers’ fear of inflation has also hit new highs as gasoline, food, health care and home prices have ticked up in recent months.
“I’m not saying hyperinflation is around the corner, just that a lot of things have come together in the last year, and the overall trend of costs across the board is growing faster than in the last five or 10 years,” American Chemistry Council chief economist Kevin Swift said, according to the WSJ.
“Inflation is expected to surge longer and longer — longer than the Fed previously thought,” Grant Thornton chief economist Diane Swonk told the WSJ. “The Fed is now likely to raise rates in the first half of 2023, although some Fed presidents will be nipping at the bit to move sooner.”
Several economists have sounded the alarm on large, trillion-dollar spending packages backed by President Joe Biden, arguing they will drive inflation further. Former Treasury Secretary Larry Summers and Peter Schiff, the chief economist and global strategist at Euro Pacific Capital, said the government is the cause of increased prices.
“The 100% cause of inflation is the government,” Schiff previously told the DCNF. “It’s when the government spends money that it doesn’t collect in taxes and then the Federal Reserve monetizes the resulting deficits by printing money.”
thenewamerican.com
www.nbcnews.com
Trump was also going along with Pelosi, while trying to restrain the Democrat’s insane spending plans. Compromising with a Democrat never ends well.Trump was frugal compared to what biden is doing now
That's some funny shit right thereTrump was also going along with Pelosi, while trying to restrain the Democrat’s insane spending plans. Compromising with a Democrat never ends well.
"Global Government"...Some suspect the democrats and some republicans are trying to ruin this nation so a Global Government can take over the world. Trump’s nationalism set those plans back a decade. That’s why those in power were so desperate to get Trump out of office and now are trying to make damn sure he can’t run again for President.
UN Agenda 2030: A Recipe for Global Socialism
Agenda 2030, touted as a solution to everything from poverty to global warming, is really a plan to empower a global governing body. ...
'The future does not belong to globalists': Trump pushes nationalism in U.N. speech
Trump told world leaders that globalism had “exerted a religious pull over past leaders causing them to ignore their own national interests.”
According to the experts at the IMF, the Fucktard's economic policies will collapse our economy....
Welcome to living in a third-world country!!!!
IMF economist: Biden’s policies to turn U.S. into Latin American-style economy
A rising number of economist have warned Joe Biden's policies could turn the U.S. into a Latin American type of economy. On Monday, Former International Monetary Fund Deputy Director Desmond Lachman said Biden's inflation, money printing and high government spending posed a problem for the U.S...
A rising number of economist have warned Joe Biden’s policies could turn the U.S. into a Latin American type of economy. On Monday, Former International Monetary Fund Deputy Director Desmond Lachman said Biden’s inflation, money printing and high government spending posed a problem for the U.S. economy.
Lachman said Biden’s policies could push the U.S. budget deficit up to 15 percent per year. He warned this was not a sustainable level of deficit spending, which may bankrupt the U.S.
Lachman went on to point out such policies lead to devaluation of the national currency and fuel poverty, as seen in many Latin American countries.
“What we’ve already got in the pipeline is going to cause inflation,” he asserted. “Now if you can add infrastructure plan and the families plan, and it’s not going to be properly financed with real taxes that restrain spending, then you’re just going to be adding to the inflationary pressures.”
Lachman added the federal reserve would have to raise interest rates and halt money printing to curb inflation. However, he said this wouldn’t help solve budget problems.
“What I think has gone wrong in this country is that there’s no real constituency for anything vaguely approaching a responsible budget policy,” he expressed. “This is how we see that budget deficit keeps rising and the debt keeps rising.”
Lachman went on to warn Biden’s policies will eventually result in bubbles bursting in the housing and stock markets, which could bring on a new recession in the nation.
The Numbers Are In, Biden’s Inflation Is Not Going Away
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal. “We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a...
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to surveyed economists.
- Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal.
- “We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
- The consumer price index, an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed.
We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
Inflation will fall slightly to 2.3% annually in 2022 and 2023, the economists predicted, the WSJ reported. Overall, prices would increase 2.58% per year over the next three years, the sharpest inflation increase since the 1990s, if the projection is correct.
The consumer price index (CPI), an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed. The personal consumption expenditures index, which is used by the Federal Reserve, surged 3.4% in the 12-month period ending May, the biggest leap since 1992.
American consumers’ fear of inflation has also hit new highs as gasoline, food, health care and home prices have ticked up in recent months.
“I’m not saying hyperinflation is around the corner, just that a lot of things have come together in the last year, and the overall trend of costs across the board is growing faster than in the last five or 10 years,” American Chemistry Council chief economist Kevin Swift said, according to the WSJ.
“Inflation is expected to surge longer and longer — longer than the Fed previously thought,” Grant Thornton chief economist Diane Swonk told the WSJ. “The Fed is now likely to raise rates in the first half of 2023, although some Fed presidents will be nipping at the bit to move sooner.”
Several economists have sounded the alarm on large, trillion-dollar spending packages backed by President Joe Biden, arguing they will drive inflation further. Former Treasury Secretary Larry Summers and Peter Schiff, the chief economist and global strategist at Euro Pacific Capital, said the government is the cause of increased prices.
“The 100% cause of inflation is the government,” Schiff previously told the DCNF. “It’s when the government spends money that it doesn’t collect in taxes and then the Federal Reserve monetizes the resulting deficits by printing money.”
[/QUOTE/We are all screwed until Republicans get vaccinated and stop obstructing and misinforming everyone else. You people are absolute idiots if you don't know that.Only the really brainwashed, ignorant ones. Inflation is here to say until Biden starts incentivizing people to work. I don't see that happening because Democrats need the lazy folks to vote for them to get elected. God forbid Democrats even so much as imply that people should have to work for a living.
Trumptards have suddenly rediscovered that money printing and massive spending are BAD.According to the experts at the IMF, the Fucktard's economic policies will collapse our economy....
Welcome to living in a third-world country!!!!
IMF economist: Biden’s policies to turn U.S. into Latin American-style economy
A rising number of economist have warned Joe Biden's policies could turn the U.S. into a Latin American type of economy. On Monday, Former International Monetary Fund Deputy Director Desmond Lachman said Biden's inflation, money printing and high government spending posed a problem for the U.S...
A rising number of economist have warned Joe Biden’s policies could turn the U.S. into a Latin American type of economy. On Monday, Former International Monetary Fund Deputy Director Desmond Lachman said Biden’s inflation, money printing and high government spending posed a problem for the U.S. economy.
Lachman said Biden’s policies could push the U.S. budget deficit up to 15 percent per year. He warned this was not a sustainable level of deficit spending, which may bankrupt the U.S.
Lachman went on to point out such policies lead to devaluation of the national currency and fuel poverty, as seen in many Latin American countries.
“What we’ve already got in the pipeline is going to cause inflation,” he asserted. “Now if you can add infrastructure plan and the families plan, and it’s not going to be properly financed with real taxes that restrain spending, then you’re just going to be adding to the inflationary pressures.”
Lachman added the federal reserve would have to raise interest rates and halt money printing to curb inflation. However, he said this wouldn’t help solve budget problems.
“What I think has gone wrong in this country is that there’s no real constituency for anything vaguely approaching a responsible budget policy,” he expressed. “This is how we see that budget deficit keeps rising and the debt keeps rising.”
Lachman went on to warn Biden’s policies will eventually result in bubbles bursting in the housing and stock markets, which could bring on a new recession in the nation.
The Numbers Are In, Biden’s Inflation Is Not Going Away
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal. “We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a...
Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to surveyed economists.
- Inflation is expected to remain elevated and drive consumer prices higher for several more years, according to a survey conducted by The Wall Street Journal.
- “We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
- The consumer price index, an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed.
We’re in a transitional phase right now,” Joel Naroff, chief economist at Naroff Economics, told the WSJ. “We are transitioning to a higher period of inflation and interest rates than we’ve had over the last 20 years.”
Inflation will fall slightly to 2.3% annually in 2022 and 2023, the economists predicted, the WSJ reported. Overall, prices would increase 2.58% per year over the next three years, the sharpest inflation increase since the 1990s, if the projection is correct.
The consumer price index (CPI), an inflation indicator tracked by the Department of Labor, increased more between June 2020 and May than it has in any other 12-month period since August 2008, recent government data showed. The personal consumption expenditures index, which is used by the Federal Reserve, surged 3.4% in the 12-month period ending May, the biggest leap since 1992.
American consumers’ fear of inflation has also hit new highs as gasoline, food, health care and home prices have ticked up in recent months.
“I’m not saying hyperinflation is around the corner, just that a lot of things have come together in the last year, and the overall trend of costs across the board is growing faster than in the last five or 10 years,” American Chemistry Council chief economist Kevin Swift said, according to the WSJ.
“Inflation is expected to surge longer and longer — longer than the Fed previously thought,” Grant Thornton chief economist Diane Swonk told the WSJ. “The Fed is now likely to raise rates in the first half of 2023, although some Fed presidents will be nipping at the bit to move sooner.”
Several economists have sounded the alarm on large, trillion-dollar spending packages backed by President Joe Biden, arguing they will drive inflation further. Former Treasury Secretary Larry Summers and Peter Schiff, the chief economist and global strategist at Euro Pacific Capital, said the government is the cause of increased prices.
“The 100% cause of inflation is the government,” Schiff previously told the DCNF. “It’s when the government spends money that it doesn’t collect in taxes and then the Federal Reserve monetizes the resulting deficits by printing money.”
