Inflation under Trump example

[Nostra]

Here below is the chart of the price of cattle during this year (January 31 - September 26). This is not opinion nor a fake chart. It is a chart that shows exactly the price of cattle has risen:

View attachment 1166864

You can find this chart at Feeder Cattle Futures Interactive Chart - Investing.com

Overall inflation is down.

 

[Nostra]

I agree Clinton is a sexual predator, although never convicted of anything, trump in turn was convicted of raping E Jean Carroll and sentenced to pay almost $100 million, trump has also has been convicted of multiple crimes, and indicted for many more

View attachment 1166973

Lies.

 

[Nostra]

Independents like me have no problem admitting Clinton is a sexual predator, the same way we recognize trump is a convicted rapist with 26 additional accusations of rape including minors while he was a partner in crimes with Epstein

View attachment 1166995

Lies.

 

[Darkwind]

If anyone wants to discuss inflation, the subject of the USD value needs to be addressed, because it's a much more important part of the inflation topic.

Inflation can be curbed by increased wages and reducing the amount of money that's in circulation. But the loss of USD is why a snickers isn't .25cents anymore. Why a good car isn't $8,000 anymore. A loss of USD value is why $15hr is a poverty wage.

And that is the most important aspect, when it comes US consumers and how much they can afford. Be it rent, mortgage, car payments and the cost of living.

A better way to curb inflation is to reduce spending by the Federal Government.


Too much money chasing too few goods is the very definition of inflation.

 

[YoursTruly]

A better way to curb inflation is to reduce spending by the Federal Government.


Too much money chasing too few goods is the very definition of inflation.

True that. But what can the government to increase the value of the dollar? Curbing inflation isn't going to bring wages and the cost of everything down. Only stabilize the two.

 

[frigidweirdo]

Oh wow, a stat directly from the White House and Trump himself. It is so believable (NOT).

Lowest Labor Day prices in 5 years? Why don't you do some actual research into gasoline prices before putting your foot in your mouth?

Overview

The lowest average U.S. retail gasoline price in the last five years was during the week of April 27, 2020, when prices hit a low of $1.77 per gallon. This historic low was a result of plummeting demand during the COVID-19 pandemic and a price war between oil-producing nations.

View attachment 1166889

The problem is, if the price of cattle goes up, then the price of meat from cattle will go up.

Oil prices are a global thing, it's not easy for Trump to influence the prices.

 

[YoursTruly]

The problem is, if the price of cattle goes up, then the price of meat from cattle will go up.

Oil prices are a global thing, it's not easy for Trump to influence the prices.

It would be very easy. He could end the Biden ban on Russian oil. That would help flood the global market and bring the price down.

 

[Concerned American]

It would be very easy. He could end the Biden ban on Russian oil. That would help flood the global market and bring the price down.

And violate the embargo against Russia.

 

[frigidweirdo]

It would be very easy. He could end the Biden ban on Russian oil. That would help flood the global market and bring the price down.

Except that people are buying Russian oil.

June 2025 — Monthly analysis of Russian fossil fuel exports and sanctions – Centre for Research on Energy and Clean Air

energyandcleanair.org

Turkey is buying the most oil product, then China, then Brazil.
China is buying the most crude oil, then India, then the EU.

China and India both bought 3.5 billion Euros worth of crude oil in June this year.

Hungary and Slovakia are both buying crude oil from Russia.

 

[YoursTruly]

Except that people are buying Russian oil.

June 2025 — Monthly analysis of Russian fossil fuel exports and sanctions – Centre for Research on Energy and Clean Air

energyandcleanair.org

Turkey is buying the most oil product, then China, then Brazil.
China is buying the most crude oil, then India, then the EU.

China and India both bought 3.5 billion Euros worth of crude oil in June this year.

Hungary and Slovakia are both buying crude oil from Russia.

We're not.

 

[Luckyone]

The problem is, if the price of cattle goes up, then the price of meat from cattle will go up.

Oil prices are a global thing, it's not easy for Trump to influence the prices.

Then, he should have kept his mouth shut and not promise to do so!

 

[Concerned American]

Then, he should have kept his mouth shut and not promise to do so!

That's great advice. You should have forced Biden and the democrats to follow it when they declared war on fossil fuels and created the problem.

 

[frigidweirdo]

We're not.

So?

Does that matter to the topic? Nope.

 

[frigidweirdo]

Then, he should have kept his mouth shut and not promise to do so!

Oh, trying to keep Trump's mouth shut would be like trying to get people to stop breathing oxygen.

 

[YoursTruly]

So?

Does that matter to the topic? Nope.

Yeah, it matters. Flooding market with oil, brings oil prices down. It brings the price of almost everything down.

 

[Concerned American]

Yeah, it matters. Flooding market with oil, brings oil prices down. It brings the price of almost everything down.

That's true but every oil producer in the world would push back against it and production quotas would be reduced. It took a long time and I a lot of back room market manipulation to attain the glut that we had before Biden and the democrats did away with it.

 

[frigidweirdo]

Yeah, it matters. Flooding market with oil, brings oil prices down. It brings the price of almost everything down.

Okay and where is the market?

The market is THE WORLD. The US isn't going to buy more oil than it needs, especially at higher prices The way oil prices work is if there's too much oil IN THE WORLD.

Different countries will then be competing to sell their oil, and that competition brings the prices down.

You said put Russian oil on the market. Russian oil is already in the market.

Russia Crude Oil: Production, 1960 – 2025 | CEIC Data

Russia Crude Oil: Production was reported at 9,193.336 Barrel/Day th in Dec 2024. This records a decrease from the previous number of 9,597.482 Barrel/Day th for Dec 2023.

www.ceicdata.com

Before covid Russia was producing 10,389,000 barrels a day. 2023 they were producing 9,592,000 barrels a day. A bit less, but not that much.

Right now the world is producing 81 million barrels a day, so Russia's 800,000 extra would be like 1% of all oil production. It's not going to have that much of a difference.

 

[Concerned American]

It's not going to have that much of a difference.

And they are not going to increase production because the resulting reduction in price would mean that they aren't making any more total. Anyone who has lived through the oil wars of the 70s and 80s has seen this play out numerous times. I think what brought the price down in the 2010s was the emergence of Canadian/MT, ND oil sands. Biden single handedly ended that.

 

[Luckyone]

Oh, trying to keep Trump's mouth shut would be like trying to get people to stop breathing oxygen.

Then he needs to suffer the consequences of doing so. He needs to be accountable for what he says and does.

 

[Hafar1014]

It doesn't matter how many times you repeat it----it will always be a LIE. Now swallow your BS and STFU.

He was not convicted it was civil suit and will be overturned on appeal.