U.S. Annual Inflation rose to 6.8% in November - the highest in 40 years

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Jesus, stop clinging to supply chain issues. LOOK AT THE FED BALANCE SHEET. Here:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm


It is truly remarkable how dumb the public and politicians are wrt basic econ. The Fed literally has a balance sheet now that is equivalent to almost half the entire GDP of the entire country. Stop talking about non-relevant issues like the supply chain or 'CoRpOrAtE GreEd!' as the main drivers of inflation. The govt IS the cause of the problem becsue they expanded the supply of money by a gargantuan 50% in about a year. The evidence is all over the Fed's balance sheet.

Totally agree. Inflations is 100% a monetary issue. If you print money like crazy you are creating inflation. Now politicians and particularly DEMs want you to believe that is because the price of the meat
Don't believe it ? just check the inflation in the las 4000 year and you'll find clear examples of this. Look at Salamanca university inflation studies in the 16th century, the roman etc etc.

This bout of inflation is a supply/demand issue. Have you tried to buy a car lately? If it were “100% monetary” then demand would be lackluster and supply would be plentiful. Increased prices lead to decreased demand. This is not happening because there is still a ton of demand with not enough supply.

I don't think you understand how the economy and expansions of money supply work.

[Anonymous]

Anonymous wrote:can we talk about the world inflation..

Yes, let's talk about why inflation in the US is much more worse compared to Europe, Canada, Japan, China, and virtually the rest of the developed world:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm


I love how democrats try to defend these insane levels of inflation by trying to deflect to 'inflation in the world', yet they don't even bother looking to see our inflation rate compared to the rest of the world. Inflation in the US is way worse compared to many 1st world countries by at least several percent.

[Anonymous]

Anonymous wrote:

Anonymous wrote:can we talk about the world inflation..

Yes, let's talk about why inflation in the US is much more worse compared to Europe, Canada, Japan, China, and virtually the rest of the developed world:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm


I love how democrats try to defend these insane levels of inflation by trying to deflect to 'inflation in the world', yet they don't even bother looking to see our inflation rate compared to the rest of the world. Inflation in the US is way worse compared to many 1st world countries by at least several percent.

My bad, I was looking at the link from the other post. Meant this one:

https://tradingeconomics.com/country-list/inflation-rate

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:can we talk about the world inflation..

Yes, let's talk about why inflation in the US is much more worse compared to Europe, Canada, Japan, China, and virtually the rest of the developed world:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm


I love how democrats try to defend these insane levels of inflation by trying to deflect to 'inflation in the world', yet they don't even bother looking to see our inflation rate compared to the rest of the world. Inflation in the US is way worse compared to many 1st world countries by at least several percent.

My bad, I was looking at the link from the other post. Meant this one:

https://tradingeconomics.com/country-list/inflation-rate

It takes them…. You think inflation started on 1-20-21? You’re dead wrong it takes time for it started in 2020

[Anonymous]

Anonymous wrote:

Anonymous wrote:can we talk about the world inflation..

Yes, let's talk about why inflation in the US is much more worse compared to Europe, Canada, Japan, China, and virtually the rest of the developed world:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm


I love how democrats try to defend these insane levels of inflation by trying to deflect to 'inflation in the world', yet they don't even bother looking to see our inflation rate compared to the rest of the world. Inflation in the US is way worse compared to many 1st world countries by at least several percent.

I love how Republicans pretend this is all happening organically, like corporations aren’t actively *ucking with us. It suits your narrative, I guess.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:can we talk about the world inflation..

Yes, let's talk about why inflation in the US is much more worse compared to Europe, Canada, Japan, China, and virtually the rest of the developed world:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

I love how democrats try to defend these insane levels of inflation by trying to deflect to 'inflation in the world', yet they don't even bother looking to see our inflation rate compared to the rest of the world. Inflation in the US is way worse compared to many 1st world countries by at least several percent.

My bad, I was looking at the link from the other post. Meant this one:

https://tradingeconomics.com/country-list/inflation-rate

It takes them…. You think inflation started on 1-20-21? You’re dead wrong it takes time for it started in 2020

+1
I noticed way more prices increases under the traitor-to-his-country Trump.

[Anonymous]

Don’t overhype inflation. You are trying to kill the recovery to stop a transitional symptom of it. Some sectors have fully recovered from the mid-2020 economic collapse, but others have not. The latter still have problems with their labor forces, production, scalability, supply chains, etc. We need those jobs and sectors to recover and then everything else will work itself out. Job growth and business recovery are more important than inflation.

[Anonymous]

Anonymous wrote:Don’t overhype inflation. You are trying to kill the recovery to stop a transitional symptom of it. Some sectors have fully recovered from the mid-2020 economic collapse, but others have not. The latter still have problems with their labor forces, production, scalability, supply chains, etc. We need those jobs and sectors to recover and then everything else will work itself out. Job growth and business recovery are more important than inflation.

Not true at all. This level of inflation will halve everyone's income and wealth in as little as 5 years. You can create all the jobs in the world, but what does it matter if everyone's buying power is now half? All through history the Fed has been willing to eat recessions, sometimes more than 1 of them, to control inflation. Inflation is a much more difficult problem to control than recessions. If you don't get a handle on inflation it can spiral out of control because it is much more difficult to deal with.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:can we talk about the world inflation..

Yes, let's talk about why inflation in the US is much more worse compared to Europe, Canada, Japan, China, and virtually the rest of the developed world:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm

I love how democrats try to defend these insane levels of inflation by trying to deflect to 'inflation in the world', yet they don't even bother looking to see our inflation rate compared to the rest of the world. Inflation in the US is way worse compared to many 1st world countries by at least several percent.

My bad, I was looking at the link from the other post. Meant this one:

https://tradingeconomics.com/country-list/inflation-rate

It takes them…. You think inflation started on 1-20-21? You’re dead wrong it takes time for it started in 2020

+1
I noticed way more prices increases under the traitor-to-his-country Trump.

Unfortunately for you, officials do track inflation. Inflation and prices really took off after Trump left office.

[Anonymous]

It’s not inflation, it’s greed. Sorry goopers.

[Anonymous]

Anonymous wrote:It’s not inflation, it’s greed. Sorry goopers.

When every single serious economist and now all the mainstream press is openly accepting and talking about inflation, you know you're on pretty weak ground if this is the best you can do - stealing cherry picked "information" from twitter? From twitter?. And then insulting people?

[Anonymous]

Inflation is real. $276 more per month per household on basic needs. Biden is failing as did Trump before him. Just in a different way.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Jesus, stop clinging to supply chain issues. LOOK AT THE FED BALANCE SHEET. Here:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm


It is truly remarkable how dumb the public and politicians are wrt basic econ. The Fed literally has a balance sheet now that is equivalent to almost half the entire GDP of the entire country. Stop talking about non-relevant issues like the supply chain or 'CoRpOrAtE GreEd!' as the main drivers of inflation. The govt IS the cause of the problem becsue they expanded the supply of money by a gargantuan 50% in about a year. The evidence is all over the Fed's balance sheet.

Totally agree. Inflations is 100% a monetary issue. If you print money like crazy you are creating inflation. Now politicians and particularly DEMs want you to believe that is because the price of the meat
Don't believe it ? just check the inflation in the las 4000 year and you'll find clear examples of this. Look at Salamanca university inflation studies in the 16th century, the roman etc etc.

This bout of inflation is a supply/demand issue. Have you tried to buy a car lately? If it were “100% monetary” then demand would be lackluster and supply would be plentiful. Increased prices lead to decreased demand. This is not happening because there is still a ton of demand with not enough supply.

I don't think you understand how the economy and expansions of money supply work.

Wow, you really added to the discussion with that statement!

[Anonymous]

Anonymous wrote:

Anonymous wrote:Don’t overhype inflation. You are trying to kill the recovery to stop a transitional symptom of it. Some sectors have fully recovered from the mid-2020 economic collapse, but others have not. The latter still have problems with their labor forces, production, scalability, supply chains, etc. We need those jobs and sectors to recover and then everything else will work itself out. Job growth and business recovery are more important than inflation.

Not true at all. This level of inflation will halve everyone's income and wealth in as little as 5 years. You can create all the jobs in the world, but what does it matter if everyone's buying power is now half? All through history the Fed has been willing to eat recessions, sometimes more than 1 of them, to control inflation. Inflation is a much more difficult problem to control than recessions. If you don't get a handle on inflation it can spiral out of control because it is much more difficult to deal with.

But it won’t continue at this rate. It’s not the end of the world.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Jesus, stop clinging to supply chain issues. LOOK AT THE FED BALANCE SHEET. Here:

https://www.federalreserve.gov/monetarypolicy/bst_recenttrends.htm


It is truly remarkable how dumb the public and politicians are wrt basic econ. The Fed literally has a balance sheet now that is equivalent to almost half the entire GDP of the entire country. Stop talking about non-relevant issues like the supply chain or 'CoRpOrAtE GreEd!' as the main drivers of inflation. The govt IS the cause of the problem becsue they expanded the supply of money by a gargantuan 50% in about a year. The evidence is all over the Fed's balance sheet.

Totally agree. Inflations is 100% a monetary issue. If you print money like crazy you are creating inflation. Now politicians and particularly DEMs want you to believe that is because the price of the meat
Don't believe it ? just check the inflation in the las 4000 year and you'll find clear examples of this. Look at Salamanca university inflation studies in the 16th century, the roman etc etc.

This bout of inflation is a supply/demand issue. Have you tried to buy a car lately? If it were “100% monetary” then demand would be lackluster and supply would be plentiful. Increased prices lead to decreased demand. This is not happening because there is still a ton of demand with not enough supply.

I don't think you understand how the economy and expansions of money supply work.

It’s called demand-pull inflation and it is definitely caused by an expanding economy.