The inflation situation is much WORSE than it was 40 years ago

And you believe the whole BLM lie.

And the liberal agenda is obvious: welcome in illegals for their eventual votes, get as many people dependent on government handouts, drive inflation with massive spending bills, and crash the economy. The radical leftists even admit the capitalist society needs to be destroyed.
Undocumented immigrants can't vote. You know in the way distant past they actually could vote? But not since the 1950's. Sorry. Each state has their own voter ID requirements and their own voter signature matching laws.

No one is advocating for the destruction of capitalism. It's been the tandem of our economic model since the 1930's..along with...(big draw in of breath)...socialism!! And our economy has thrived..up..and down..quite nicely.
 
There is no alt right silly Jackie.
That’s just another lie your gods have told you.
The alt-right is as real as it gets. It used to be the exclusive dominion of the white nationalists..but no more since Obama was elected and then Trump stepped off that bottom step of the golden escalator. A slow co-opt and rise. It really is kind of unreal to watch it unfold. Those who claim to be of independent right wing though...have sold out to the alt-right..whether they know it or not. :)
 
Undocumented immigrants can't vote. You know in the way distant past they actually could vote? But not since the 1950's. Sorry. Each state has their own voter ID requirements and their own voter signature matching laws.

No one is advocating for the destruction of capitalism. It's been the tandem of our economic model since the 1930's..along with...(big draw in of breath)...socialism!! And our economy has thrived..up..and down..quite nicely.
I said they will be votes in the FUTURE. You can count on the Dems trying to fast-track the scofflaws to citizenship.
 
The alt-right is as real as it gets. It used to be the exclusive dominion of the white nationalists..but no more since Obama was elected and then Trump stepped off that bottom step of the golden escalator. A slow co-opt and rise. It really is kind of unreal to watch it unfold. Those who claim to be of independent right wing though...have sold out to the alt-right..whether they know it or not. :)
Alt-right = disagrees with the Left
 
Undocumented immigrants can't vote.
But you've proven they can type.

Each state has their own voter ID requirements and their own voter signature matching laws.
Probably because the USA is really 50 UNITED STATES, genius, not one federalized country, try as you might.

No one is advocating for the destruction of capitalism.
It warms my heart to know that.

And our economy has thrived..up..and down..quite nicely.
So maybe the Federal Reserve Bank and those involved deserve a bonus? So much better than the actual gold standard based on REAL MONEY.
 
But you've proven they can type.


Probably because the USA is really 50 UNITED STATES, genius, not one federalized country, try as you might.


It warms my heart to know that.


So maybe the Federal Reserve Bank and those involved deserve a bonus? So much better than the actual gold standard based on REAL MONEY.
B..O..R..E..D!!!....Do people in your life express similar sentiments?
What are you bloviating about?..nothing?..typical. Nothing but distractions
and.."shortcomings"..of which I am sure you are familiar with. :auiqs.jpg:

Inflation in the 70's was way worse than now....Go!!..
 
Yep. Gotcha. Try to stay on point here. Go back to the late 70's...when inflation and shortages REALLY took hold and then manifested themselves in the early 80's.

So..you're going to blame BIDEN for 1-2% yields that have been in the making since the Fed has cut interest rates like shopping mall ribbons for years..under..dare I say..your saviors reign??..ah..nevermind.

You are alt-right. Swim in it.
The only one ignorant here is you.
Knee-jerk reactive. Typical.
:thankusmile:
 
B..O..R..E..D!!!....Do people in your life express similar sentiments?
What are you bloviating about?..nothing?..typical. Nothing but distractions
and.."shortcomings"..of which I am sure you are familiar with. :auiqs.jpg:

Inflation in the 70's was way worse than now....Go!!..
Why do you keep going back to how it was worse in the 70s? Are you in that much of a panic to show that Biden has only made this worse than in the last 40 years, but hey…..it’s not 50 years? That’s your defense?

Even the liberal media is pointing out that we are in the worst inflation in 40 years - that’s 1982. And back then, as I have said a million times, we had 14% guaranteed returns to save us from inflation eroding lifelong savings.

Biden is so demented that he is pushing for a spending bill while we are in the midst a 40-year record inflation. I can’t believe how much damage he has done in one short year.
 
Back in 1982, inflation was just over 10%, but 10-year bonds were paying 14% and a 6-month CD hit 15%. So while people were being hit hard by the increased prices, people who had saved for a rainy day - and particularly retirees living on their savings - could protect their money from the erosion of inflation.

Today, savings rates pay squat, and savers are watching inflation eat into their savings. At current rates, retirees will have lost more than 20% of real money within three years.


You are too stupid to be one person. You also didn't live through those times. Mortgage rates went from 12% per annum, to more than 20% per annum, and overnight, people's payments doubled. Thousands of people lost their homes.

The stock market completely tanked because no one was investing. Why risk your money when banks were paying more than 12%.


The problem with the Trump Cult is that they know nothing other than what the right wing media tells them, and all of it is false.
 
Back in 1982, inflation was just over 10%, but 10-year bonds were paying 14% and a 6-month CD hit 15%. So while people were being hit hard by the increased prices, people who had saved for a rainy day - and particularly retirees living on their savings - could protect their money from the erosion of inflation.

Today, savings rates pay squat, and savers are watching inflation eat into their savings. At current rates, retirees will have lost more than 20% of real money within three years.


That is ridiculous. The economy was going through a severe recession at the time. Unemployment was much higher. Interest rates were much higher. That is one reason why bonds and CDs were so high. This inflation is related to broken supply chains. The only way the Fed could stop inflation isa to induce a recession or even a depression. These economists are incompetent boobs.
 
That is ridiculous. The economy was going through a severe recession at the time. Unemployment was much higher. Interest rates were much higher. That is one reason why bonds and CDs were so high. This inflation is related to broken supply chains. The only way the Fed could stop inflation isa to induce a recession or even a depression. These economists are incompetent boobs.
Liar.
Moron.
 
B..O..R..E..D!!!....Do people in your life express similar sentiments?
What are you bloviating about?..nothing?..typical. Nothing but distractions
and.."shortcomings"..of which I am sure you are familiar with. :auiqs.jpg:

Inflation in the 70's was way worse than now....Go!!..
We will let your cities be destroyed. Die..
 
You are too stupid to be one person. You also didn't live through those times. Mortgage rates went from 12% per annum, to more than 20% per annum, and overnight, people's payments doubled. Thousands of people lost their homes.

The stock market completely tanked because no one was investing. Why risk your money when banks were paying more than 12%.


The problem with the Trump Cult is that they know nothing other than what the right wing media tells them, and all of it is false.
Of course I lived through those times. And stop calling people stupid just because they aren’t buying the liberal lies. That’s the problem with your cult - out with the insults, and right off the bat.

The point is: we were getting 15% guaranteed returns on our money! So retirees were protected from the erosion of inflation. Are YOU too stupid to comprehend that?

As far as the mortgage rates, smart people actually turned that into an advantage. I bought a small condo when the rates topped 13%, since prices were low to combat the high rates! I knew it was only temporary, so when rates dropped back down to 10% a few years later, I refinanced; and a few years after that, I refinanced again down to 7%. My entire monthly payment was almost cut in half from the time I bought it, and I now had a nice condo in a luxury building on the cheap.

As far as people losing their homes when rates shot up, you mean the greedy, irresponsible people who bought homes dor which they didn’t qualify under a fixed rate, and took on a risky ARM Instead of buying within their means? You would have thought people would have learned of the dangers of ARMS, but no…..they did it again in 2008 and found themselves in the same hot water.

ARMs really should be abolished. People should be able to buy homes only if they qualify under fixed rates. If not, they have to lower their expectations.
 
That is ridiculous. The economy was going through a severe recession at the time. Unemployment was much higher. Interest rates were much higher. That is one reason why bonds and CDs were so high. This inflation is related to broken supply chains. The only way the Fed could stop inflation isa to induce a recession or even a depression. These economists are incompetent boobs.
Yes... And my point is because retirees could lock up a 14% return for decades, they were protected from the high inflation eroding their life savings.

And the supply chain: It’s that Biden has created an environment where people don’t have to work, and one in which is it considered respectable to refuse work and take other people’s money to support your family. When hordes of spouses quit their part-time jobs delivering goods and working POS at retail, there is trouble getting goods into the hands of the end user.
 
Yes... And my point is because retirees could lock up a 14% return for decades, they were protected from the high inflation eroding their life savings.

And the supply chain: It’s that Biden has created an environment where people don’t have to work, and one in which is it considered respectable to refuse work and take other people’s money to support your family. When hordes of spouses quit their part-time jobs delivering goods and working POS at retail, there is trouble getting goods into the hands of the end user.
You are trying to make a Leftist imbecile see reason.
 

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