Inflation Plummeting Rapidly

[Fueri]

I'll nibble .. How did the Inflation Reduction Act "Fix supply lines to lower costs?" Which supply chains?

If you increase revenue, and increase spending .. how have you lowered debt?

The inflation reduction act was focused on climate change, tax enforcement, negotiation of Medicare prescriptions, etc .. ... How was inflation fixed with these provisions that don't tackle inflation?

CBO said it wouldn't.

The fed jacked rates, crushed the housing market, among other things, to intentionally slow the economy.

Biden didn't lower inflation through this act any more than people going back to work was "job creation"

Biden admin is, again, engaging in "Fun With Numbers - For Literal Dummies"

 

[Marener]

Republicans are always having to clean up the mess left by the democrats.

Trump was handed a nice growing functional and stable economy by Obama.

He had it easy.

 

[Marener]

CBO said it wouldn't.

The fed jacked rates, crushed the housing market, among other things, to intentionally slow the economy.

Biden didn't lower inflation through this act any more than people going back to work was "job creation"

Biden admin is, again, engaging in "Fun With Numbers - For Literal Dummies"

Conventional wisdom was the only way to tame inflation was through massive unemployment.

This is what’s called a soft landing and is as good of a result as we could have possibly hoped for.

 

[Fueri]

Conventional wisdom was the only way to tame inflation was through massive unemployment.

This is what’s called a soft landing and is as good of a result as we could have possibly hoped for.

Sure it is. Because it is already over.

Glad you think so. Most economists do not.

 

[Marener]

Sure it is. Because it is already over.

Glad you think so. Most economists do not.

Most economists thought we’d have a recession already.

https://www.cnn.com/2022/08/22/economy/nabe-economists-recession-inflation/index.html

 

[Fueri]

Most economists thought we’d have a recession already.

https://www.cnn.com/2022/08/22/economy/nabe-economists-recession-inflation/index.html

And most think we still will, but now I'm repeating myself.

 

[Marener]

And most think we still will, but now I'm repeating myself.

if you constantly predict a recession will occur next year, you’ll be right eventually but that’s not really the point.

Don’t look to economists to predict recessions. They’re terrible at it.

 

[Fueri]

if you constantly predict a recession will occur next year, you’ll be right eventually but that’s not really the point.

Don’t look to economists to predict recessions. They’re terrible at it.

Well, I wouldn't look to people that think the IRA actually reduced inflation either.

 

[The Banker]

A day after CPI came in at only a 0.1% inc, which is extremely low, PPI puts up a banger !

PPI is negative !!!!! -0.3% !!!!
PPI is in deflation
prices are going down !!!

Go Joe!
The Inflation reduction act is working !!
The bulk of inflation was due to supply chain problems, Trump's best buddy Putin's war, and all of the mega massive debt and deficit and FED fake money printed under Trump.

Producer price inflation falls more than expected in May

May Producer Price Index: -0.3% vs. -0.1% consensus and +0.2% in April (unchanged).

seekingalpha.com

 

[kyzr]

Inflation is going down in spite of Biden, not because of Biden.
The Fed is doing a good job so far, and people are working and spending, we'll see how it turns out by the end of 2023.

 

[The Banker]

Inflation is going down in spite of Biden, not because of Biden.
The Fed is doing a good job so far, and people are working and spending, we'll see how it turns out by the end of 2023.

inflation goes up, its all Biden's fault
inflation plumets, it has nothing to do with Biden

Oil goes up because of Putin's war, but its all Biden's fault.
Oil plummets because of Biden's SPR releases and energy policy, but it has nothing to do with Biden.

Trump has no credible evidence of voter fraud at all and loses every single court case across America, but the election was stolen.
Trump is caught red handed with ultra top secret documents, but he did nothing wrong.
Trump incites a riot at the Capitol based on complete lies, but it was just fine and dandy.

Every aspect of a republican is a lie, and republicans are too weak to accept the truth. Republicans just make up lies so they don't have to deal with reality, because reality is too harsh to accept.

 

[Ralph Norton]

The Inflation reduction act is working !!

Right, it has nothing to do with the Fed hiking interest rates 10 times in the last 2 years.

Seriously, stop it.

 

[rightwinger]

Inflation is at half the rate it was a year ago

 

[luiza]

Stagflation becomes more likely by the week .

 

[kyzr]

inflation goes up, its all Biden's fault
inflation plumets, it has nothing to do with Biden

Oil goes up because of Putin's war, but its all Biden's fault.
Oil plummets because of Biden's SPR releases and energy policy, but it has nothing to do with Biden.

Trump has no credible evidence of voter fraud at all and loses every single court case across America, but the election was stolen.
Trump is caught red handed with ultra top secret documents, but he did nothing wrong.
Trump incites a riot at the Capitol based on complete lies, but it was just fine and dandy.

Every aspect of a republican is a lie, and republicans are too weak to accept the truth. Republicans just make up lies so they don't have to deal with reality, because reality is too harsh to accept.

1. Spending too much causes inflation. Look at Biden's budget compared to Trumps.
2. Oil went up because of Biden's "war on energy". Oil and gas are still too high contributing to inflation.
3. Trump has tons of evidence of voter fraud
Elon Musk proved that the FBI Gestapo paid hi-tech oligarchs to censor the Hunter Biden laptop crimes
Blinken and the CIA got 51 traitors to say that the laptop crimes are "Russian Disinformation"
Zuckerbucks played a major role in Biden winning. Google "Zuckerbucks"

4. Trump will get his day in court.

Opinion | Trump’s Boxes and Clinton’s Sock Drawer

A president chooses what records to return or keep and the National Archives can’t do anything about it.

www.wsj.com

5. Prove Trump incited the riot, you can't. Actuallly the FBI Gestapo and democrats did more to enable rioters than Trump. Trumnp and Capitol police Chief Sund BOTH requested that the National Guard be called in to keep the peace on J6. BOTH requests were denied by democrats, why?

House Security Chief Said Optics Played Role In Denying Early Request For National Guard

Former House Sergeant-at-Arms Paul Irving said he believed congressional leadership would be wary of military at the Capitol on Jan. 6.

www.huffpost.com

https://www.newsmax.com/newsfront/capitol-national-guard-security/2022/07/26/id/1080453/

6. Lies? How about Biden saying he has never discussed his son's business dealings? Now there is the 1023 to deal with, when the 17 tapes come out Biden is toast.

 

[Conservative from Georgia]

A day after CPI came in at only a 0.1% inc, which is extremely low, PPI puts up a banger !

PPI is negative !!!!! -0.3% !!!!
PPI is in deflation
prices are going down !!!

Go Joe!
The Inflation reduction act is working !!
The bulk of inflation was due to supply chain problems, Trump's best buddy Putin's war, and all of the mega massive debt and deficit and FED fake money printed under Trump.

Producer price inflation falls more than expected in May

May Producer Price Index: -0.3% vs. -0.1% consensus and +0.2% in April (unchanged).

seekingalpha.com

 

[TNHarley]

Putting money into the economy doesnt help inflation, you stupid mother fuckers.
Fuckin cult, man.

 

[yidnar]

A day after CPI came in at only a 0.1% inc, which is extremely low, PPI puts up a banger !

PPI is negative !!!!! -0.3% !!!!
PPI is in deflation
prices are going down !!!

Go Joe!
The Inflation reduction act is working !!
The bulk of inflation was due to supply chain problems, Trump's best buddy Putin's war, and all of the mega massive debt and deficit and FED fake money printed under Trump.

Producer price inflation falls more than expected in May

May Producer Price Index: -0.3% vs. -0.1% consensus and +0.2% in April (unchanged).

seekingalpha.com

it doesnt show at the supermarket , the gas station or on the utility bill .. its good news its slowing down but the cost of living has skyrocketed in the past 2 yrs .. everythings up at least 40% ..my bad according to your ppi now everythings up only 39.7% from 2 yrs ago .

 

[rightwinger]

it doesnt show at the supermarket , the gas station or on the utility bill .. its good news its slowing down but the cost of living has skyrocketed in the past 2 yrs .. everythings up at least 40% ..my bad according to your ppi now everythings up only 39.7% from 2 yrs ago .

Why is it only Conservatives that are paying more for gas, groceries and consumer goods?

 

[22lcidw]

All prices dropping 25% in all ways I will believe you to start. And we pay our bills.