Walmart CEO says the D word out loud… deflation coming

[Dont Taz Me Bro]

I just stated it. It's not the governments place to see to inflation.

I never said that it was

 

[citygator]

Yeah man, things are great under Biden.

Good for me.

 

[Harpy Eagle]

As well as ignore the Covid job losses during Trump.
You see it all the time.

The Trumpers are the only ones the ignore that.

 

[bigrebnc1775]

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.

Walmart CEO says high inflation has ended and that shoppers may soon encounter the polar opposite in stores: deflation | Fortune

That’s a big change from the decades-high inflation that hammered shoppers in the wake of the pandemic.

fortune.com

And here you were not long ago praising Biden for a great economy and wonderful bidenomics

 

[Nostra]

Japan is fine.

Did the word “was” confuse you, vermin?

 

[Nostra]

Those were the examples I showed. Why don't you show us others.

October 2023 CPI: Inflation falls to 3.2% | J.P. Morgan

Headline inflation showed cooling in October from 3.7% to 3.2%, a sign that it may be trending in the right direction.

www.jpmorgan.com

 

[Nostra]

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.

Americansâ buying power rose for first time since March 2021 amid falling inflation

Annual "real" hourly earnings — or, wages after accounting for inflation — increased in May for the first time since March 2021.

www.cnbc.com

 

[citygator]

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

Try not to be stupid every day.

Americansâ buying power rose for first time since March 2021 amid falling inflation

Annual "real" hourly earnings — or, wages after accounting for inflation — increased in May for the first time since March 2021.

www.cnbc.com

Flat to 2019. You are using the covid stimulus bump distortion. You’re better off now than 2019. You can run from that.

 

[Nostra]

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.

 

[citygator]

Funny how I continue to bring links exposing your lies, and all you do is respond with more lies, Vermin.

What did I lie about Nostradumbass?

 

[Nostra]

What did I lie about Nostradumbass?

Read the first five words of your OP, lying vermin.

 

[citygator]

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.”

MSN

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

 

[citygator]

Read the first five words of your OP, lying vermin.

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

 

[sparky]

Why Is Deflation Bad for the Economy?

Deflation is not normally bad for an economy, except when it occurs in reaction to previous over-inflation.

www.investopedia.com

~S~

 

[citygator]

Why Is Deflation Bad for the Economy?

Deflation is not normally bad for an economy, except when it occurs in reaction to previous over-inflation.

www.investopedia.com

~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.

 

[Nostra]

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.

 

[citygator]

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!

 

[Bob Blaylock]

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.

 

[citygator]

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.

 

[Bob Blaylock]

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.

Tell us all that you don't know shit about economics, without saying that you don't know shit about economics.