Trump, the Inflation president

[Winston]

With two trillion-dollar deficits, the prime rate should be in double digits easily. The fiat currency survived the cleansing around 1980 for a couple of years. This time around if that happened, perhaps not.

Yes, you have touched on something here. Trump's pressure on the Fed in his first term, to keep interest rates low, was a contributing factor to inflation. We are set to see that same mistake again. Interest rates are simply the cost of a dollar. When too many dollars are chasing too few goods it is time to increase the price of a dollar.

 

[struth]

Yes, you have touched on something here. Trump's pressure on the Fed in his first term, to keep interest rates low, was a contributing factor to inflation. We are set to see that same mistake again. Interest rates are simply the cost of a dollar. When too many dollars are chasing too few goods it is time to increase the price of a dollar.

Interest rates dropped due to inflation dropping during trumps first term

You raise interest rates when inflation is out of control, like what happened during the Biden admin

 

[Winston]

Haha no we don’t. In fact we had sanctions against them then

Wow

Wow is right.

Biden announces Russian oil import ban and warns gas prices could increase even more

President Biden described the move as a critical step to punishing Russian President Vladimir Putin for invading Ukraine, but said as a result, Americans should prepare for price hikes at the pump.

www.npr.org

U.S. Imports from Russia of Crude Oil and Petroleum Products (Thousand Barrels)

You let me know when you return to the real world with the rest of us.

 

[Winston]

Interest rates dropped due to inflation dropping during trumps first term

You raise interest rates when inflation is out of control, like what happened during the Biden admin

You look at the EIA link I posted. 26 million barrels in May of 2021. ZERO in May of 2022. Inflation peaked in June of 2022.

 

[August West]

hahah it wasn't Xiden's fault?? Who's fault was it?? He had been in office and his policies were in place....it was his second year in office, half way through it

Trump has no control over the Iranian's behavior.

Moreover, it's 3.3 percent....compare that to the four years of Xiden. ..he avg over four years 4.95 percent....that one month is still massively BELOW what Xiden avg over his four years

Who is xiden and how old are you son?

 

[struth]

Who is xiden and how old are you son?

I’m someone daughter, but nobody’s son…or was that term used to used as a derogatory slur?

Xiden was the former president of the United States

And you never ask a woman or age.

 

[struth]

You look at the EIA link I posted. 26 million barrels in May of 2021. ZERO in May of 2022. Inflation peaked in June of 2022.

What does that have to do with interest rates?

 

[struth]

Wow is right.

Biden announces Russian oil import ban and warns gas prices could increase even more

President Biden described the move as a critical step to punishing Russian President Vladimir Putin for invading Ukraine, but said as a result, Americans should prepare for price hikes at the pump.

www.npr.org

U.S. Imports from Russia of Crude Oil and Petroleum Products (Thousand Barrels)

You let me know when you return to the real world with the rest of us.

We do have a refining loophole where we still get some oil to refine. Even with the sanctions they have been in place since the Obama admin when Putin first invaded. It should be noted gas didn’t get five dollars a gallon then, or during trumps first and second term…because that has no impact on our gas prices

Most of our oil is produced here or imported from Canada and Mexico

With that said I am not saying xiden horrible foreign policies did not impact our economy

 

[sealybobo]

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.

apnews.com

Bye, bye interest rate cut! Prices going up, thanks to Trump and his inflationary policies, war, tariffs and mathmatical ineptitude. Oil prices effect everything, shipping costs and all consumer prices! If anything the Fed will have to raise rates even though Trump would never understand why!

Trump fiddles with ballrooms and Cuba while America burns. Sure glad I don't have one of those big gas guzzling MAGA pickups!

Bigly!!!

Zincwarrior C_Clayton_Jones Conservative from Georgia citygator

As of April/May 2026, roughly 21% to 33% of Americans rate the current economic conditions as "excellent" or "good," according to recent polling. Conversely, a significant majority (over 70%) view the economy as poor, fair, or getting worse, with many citing high costs and a feeling that the economy is not working for them.

Yes, Whirlpool is raising prices despite experiencing a "recession-level" decline in demand, reports MarketWatch and Forbes. Following a 10% price increase in April and a massive 20%+ drop in stock price, the company announced further list price increases of 4% in July to combat multi-year inflation and lower consumer confidence

Are Republicans trying to pretend that things are going well? Who are the 21-33% who say the economic conditions are excellent or good? WHO? Correll Papageorgio Harry Dresden

 

[struth]

Zincwarrior C_Clayton_Jones Conservative from Georgia citygator

As of April/May 2026, roughly 21% to 33% of Americans rate the current economic conditions as "excellent" or "good," according to recent polling. Conversely, a significant majority (over 70%) view the economy as poor, fair, or getting worse, with many citing high costs and a feeling that the economy is not working for them.

Yes, Whirlpool is raising prices despite experiencing a "recession-level" decline in demand, reports MarketWatch and Forbes. Following a 10% price increase in April and a massive 20%+ drop in stock price, the company announced further list price increases of 4% in July to combat multi-year inflation and lower consumer confidence

Are Republicans trying to pretend that things are going well? Who are the 21-33% who say the economic conditions are excellent or good? WHO? Correll Papageorgio Harry Dresden

70 percent say it’s fair and 30 percent say it’s excellent

Seems legit

 

[Conservative from Georgia]

Key inflation gauge jumps to highest level in 3 years as Iran war spikes gas prices

A key inflation measure jumped in March as gas prices soared, the latest sign that the Iran war is pushing up the cost of living and delaying any interest rate cuts by the Federal Reserve.

apnews.com

Bye, bye interest rate cut! Prices going up, thanks to Trump and his inflationary policies, war, tariffs and mathmatical ineptitude. Oil prices effect everything, shipping costs and all consumer prices! If anything the Fed will have to raise rates even though Trump would never understand why!

Trump fiddles with ballrooms and Cuba while America burns. Sure glad I don't have one of those big gas guzzling MAGA pickups!

Bigly!!!

 

[j-mac]

View attachment 1267740

Sometimes a little sacrifice is warranted.