Walmart CEO says the D word out loud… deflation coming

Now that Biden has tamed inflation the person most knowledgeable about pricing in the world is preparing to manage through deflation. I can’t wait to see the inflation hawks on here posts flip flop to start complaining about deflation.


“In the US, we may be managing through a period of deflation in the months to come,” Walmart Chief Executive Officer Doug McMillon told analysts on an earnings call Thursday.

Walmart shoppers could start to see deflation — or a decrease in prices — in dry groceries and consumables in the coming months, he said. General merchandise prices “came down a little more aggressively in the last few weeks or months,” he added.

And here you were not long ago praising Biden for a great economy and wonderful bidenomics 😅
 
If you aren’t making money in today’s economy then you will never make money. Job market has never been better and wages are offsetting inflation 2019 forward. You are on a cushy social security check for the mentally disabled so of course you dont care.
Bullshit. There were over 30 straight months of negative real wages under Tater, Vermin.

Try not to be stupid every day.

 
Bullshit. There were over 30 straight months of negative real wages under Tater, Vermin.

Try not to be stupid every day.

Flat to 2019. You are using the covid stimulus bump distortion. You’re better off now than 2019. You can run from that.
 
Flat to 2019. You are using the covid stimulus bump distortion. You’re better off now than 2019. You can run from that.
Funny how I continue to bring links exposing your lies, and all you do is respond with more lies, Vermin.:auiqs.jpg:
 
Careful what you wish for.....Have you seen the debt load people are carrying these days?


Deflation would mean “businesses and households with debt are unable to pay back that debt as their sales and wages are falling due to the deflation,” Zandi said. “As defaults mount, the financial system caves. It's an ugly economy.”


I have. It’s coming down and at historical norms.

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~S~
This inflation wasn’t caused by debt fuel inflation bubble so the warnings dont really apply. Productivity increases from supply chain fixes lead to normal deflation of costs.
 
Don’t be a bitch. Inflation is over. Been normal for months. The Trump Flu broke the supply chain just like it broke Trumps presidency
3.2% is twice what it was when your Vegetable Messiah took office.

Tell us what Tater did to bring it down from his 9% mark. Don’t list his pork bills, show specifics in them that actually lowered inflation, vermin.
 
3.2% is twice what it was when your Vegetable Messiah took office.

Tell us what Tater did to bring it down from his 9% mark. Don’t list his pork bills, show specifics in them that actually lowered inflation, vermin.
Unemployment is half what it was when the Chief Rapist was landslide booted out. Oil output is 30% higher than when the Chief Rapist left. GDP is up 20% from when the Chief Rapist had his office pried from his fat small hands. Everything is better under Biden than Trump that you can quantify.

I don’t have to tell you how… you can see the results though. 4 more years! 4 more years!
 
Don’t be a bitch. Inflation is over. Been normal for months.

Really?

So why it it, then, that for those of us who work to make an honest living, we're having to spend larger and larger portions of our earnings to buy the same things that we need to buy? You're trying to tell us that “inflation is over”, even as we all continue to increasingly, directly, experience the results of out-of-control inflation.

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” — George Orwell, Nineteen Eighty-Four


The Trump Flu broke the supply chain just like it broke Trumps presidency

No, it was Democraps, hyperbolizing and exploiting a common cold outbreak for malevolent political purposes, that broke our supply chain and did considerable damage to our economy as well as to our basic Freedoms. Your side did that. And has become an absurd, but true cliché about your side, here you are trying to blame the opposition for the results of your own corrupt policies.
 
Really?

So why it it, then, that for those of us who work to make an honest living, we're having to spend larger and larger portions of our earnings to buy the same things that we need to buy? You're trying to tell us that “inflation is over”, even as we all continue to increasingly, directly, experience the results of out-of-control inflation.

“The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command.” — George Orwell, Nineteen Eighty-Four




No, it was Democraps, hyperbolizing and exploiting a common cold outbreak for malevolent political purposes, that broke our supply chain and did considerable damage to our economy as well as to our basic Freedoms. Your side did that. And has become an absurd, but true cliché about your side, here you are trying to blame the opposition for the results of your own corrupt policies.
Even Florida and Texas closed up. It was a national emergency that still killed 2M people. If you haven’t seen wage increases to offset inflation you are a statistical anomaly and need a better job.
 

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