Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You can tell me "I told you so" after market crashes by 80% but, until then, I plan to enjoy the ride.

So MAGA will still stand by their man if the market crashes by 75%, good to know.

LOL. I am a left leaning Independent, if you must know. Voted D in recent elections - 2016, 2020, and 24. Comments like yours turn many people like me to the other side.

DP: Why would an anonymous comment change your political values and moral compass?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation is less than 3. Significantly lower than the previous administration was in charge.

Oh yeah, Fox News put that in your head?

It’s likely much higher.

You have no idea what sort of economic maelstrom is brewing because you don’t read actual news.

CNBC’s most recent rate is 2.7%–where are you getting YOUR news?

Maybe you didn’t notice when the fking BLS guy got fired for reporting you know the numbers.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The fed has to make a choice as to whether it emphasizes propping up the job market or tamping down inflation. Usually, it is not a very conflicted choice because inflation usually means high growth and a decent job market. The tariffs are putting us in a weird position where prices are going up but job growth is declining.

I think Wall Street knows that the fed is going to have to lower rates to protect the job market so there is less focus on inflation.

Look the federal government is the nation's largest employer. The jobs report would not be this bad if it hadn't been for DOGE's chainsaw. But add the Fed workforce cuts to what is coming with AI, and it is going to look very bad very quickly. Unfortunately, cutting rates will not bring either of those jobs back. They are gone forever. But what it will do is increase inflation and stock prices.

Job losses are deflationary tho

Valid point, but this is but one opposing force that will take a while to cycle through the economy. If the cost of goods and imports is going up, and the cost of labor is going down, companies are going to pass the cost increases on to consumers and pocket the profits from labor cost savings. Good news for stockholders (except for retail I guess), not for anyone else though.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation is less than 3. Significantly lower than the previous administration was in charge.

Oh yeah, Fox News put that in your head?

It’s likely much higher.

You have no idea what sort of economic maelstrom is brewing because you don’t read actual news.

CNBC’s most recent rate is 2.7%–where are you getting YOUR news?

The PPI was much higher, like much much higher That is the wholesale index. What this means is, the price are going way up and the companies have not yet passed it on to consumers, which they will when they run out of inventory. But look around you, there are massive sales everywhere. Prices going up this high on some things, like furniture, is not sustainable. There are huge labor day sales bc the inventory is not moving. People cannot afford all the inflation at once, wages not keeping up.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation is less than 3. Significantly lower than the previous administration was in charge.

Oh yeah, Fox News put that in your head?

It’s likely much higher.

You have no idea what sort of economic maelstrom is brewing because you don’t read actual news.

CNBC’s most recent rate is 2.7%–where are you getting YOUR news?

No way it’s only 2.7%. My electricity is 19% year over year. Grocery stores are out of control. Amazon saved items keep correcting up.

So you get your news from your personal vibes, got it.

DP, but anecdotal evidence is nevertheless still evidence and yes, it is even *data*. This kind of thing is useful in evaluating whether government press releases track with reality. The opposing viewpoint to this is "Government press releases regarding the economy are accurate, no matter who is in charge". Which is ridiculous.

Here we go Don the con, bankrupting 90% of Americans and the US Treasury.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The fed has to make a choice as to whether it emphasizes propping up the job market or tamping down inflation. Usually, it is not a very conflicted choice because inflation usually means high growth and a decent job market. The tariffs are putting us in a weird position where prices are going up but job growth is declining.

I think Wall Street knows that the fed is going to have to lower rates to protect the job market so there is less focus on inflation.

Look the federal government is the nation's largest employer. The jobs report would not be this bad if it hadn't been for DOGE's chainsaw. But add the Fed workforce cuts to what is coming with AI, and it is going to look very bad very quickly. Unfortunately, cutting rates will not bring either of those jobs back. They are gone forever. But what it will do is increase inflation and stock prices.

Job losses are deflationary tho

The problem is the existing debt in the Treasury market. There is so much debt outstanding plus, still running 2 trillion/year deficits. Not to mention, Trump has alienated other countries, so they are not purchasing at the same rate. They are going to have to monetize the debt, which is highly inflationary.

I really don’t think you have the vaguest idea what things are inflationary vs deflationary.

OK sure, please elaborate specifically how I am wrong.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation is less than 3. Significantly lower than the previous administration was in charge.

Oh yeah, Fox News put that in your head?

It’s likely much higher.

You have no idea what sort of economic maelstrom is brewing because you don’t read actual news.

CNBC’s most recent rate is 2.7%–where are you getting YOUR news?

No way it’s only 2.7%. My electricity is 19% year over year. Grocery stores are out of control. Amazon saved items keep correcting up.

So you get your news from your personal vibes, got it.

Believe what you want.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation is less than 3. Significantly lower than the previous administration was in charge.

Oh yeah, Fox News put that in your head?

It’s likely much higher.

You have no idea what sort of economic maelstrom is brewing because you don’t read actual news.

CNBC’s most recent rate is 2.7%–where are you getting YOUR news?

No way it’s only 2.7%. My electricity is 19% year over year. Grocery stores are out of control. Amazon saved items keep correcting up.

So you get your news from your personal vibes, got it.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Inflation is less than 3. Significantly lower than the previous administration was in charge.

Oh yeah, Fox News put that in your head?

It’s likely much higher.

You have no idea what sort of economic maelstrom is brewing because you don’t read actual news.

CNBC’s most recent rate is 2.7%–where are you getting YOUR news?

No way it’s only 2.7%. My electricity is 19% year over year. Grocery stores are out of control. Amazon saved items keep correcting up.

Not sure why you think touting gold etfs is somehow anti “maga”? The Donald loves gold and benefits from the price going up ….. any investment product involves risk. People should know by now inflation data produced by the government is unreliable at best. If you know definitely whether inflation will go up or down you can make a lot of money with that information.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The fed has to make a choice as to whether it emphasizes propping up the job market or tamping down inflation. Usually, it is not a very conflicted choice because inflation usually means high growth and a decent job market. The tariffs are putting us in a weird position where prices are going up but job growth is declining.

I think Wall Street knows that the fed is going to have to lower rates to protect the job market so there is less focus on inflation.

Look the federal government is the nation's largest employer. The jobs report would not be this bad if it hadn't been for DOGE's chainsaw. But add the Fed workforce cuts to what is coming with AI, and it is going to look very bad very quickly. Unfortunately, cutting rates will not bring either of those jobs back. They are gone forever. But what it will do is increase inflation and stock prices.

Job losses are deflationary tho

The problem is the existing debt in the Treasury market. There is so much debt outstanding plus, still running 2 trillion/year deficits. Not to mention, Trump has alienated other countries, so they are not purchasing at the same rate. They are going to have to monetize the debt, which is highly inflationary.

I really don’t think you have the vaguest idea what things are inflationary vs deflationary.

Anonymous wrote:

Anonymous wrote:Inflation is less than 3. Significantly lower than the previous administration was in charge.

Oh yeah, Fox News put that in your head?

It’s likely much higher.

You have no idea what sort of economic maelstrom is brewing because you don’t read actual news.

CNBC’s most recent rate is 2.7%–where are you getting YOUR news?

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The fed has to make a choice as to whether it emphasizes propping up the job market or tamping down inflation. Usually, it is not a very conflicted choice because inflation usually means high growth and a decent job market. The tariffs are putting us in a weird position where prices are going up but job growth is declining.

I think Wall Street knows that the fed is going to have to lower rates to protect the job market so there is less focus on inflation.

Look the federal government is the nation's largest employer. The jobs report would not be this bad if it hadn't been for DOGE's chainsaw. But add the Fed workforce cuts to what is coming with AI, and it is going to look very bad very quickly. Unfortunately, cutting rates will not bring either of those jobs back. They are gone forever. But what it will do is increase inflation and stock prices.

Job losses are deflationary tho

The problem is the existing debt in the Treasury market. There is so much debt outstanding plus, still running 2 trillion/year deficits. Not to mention, Trump has alienated other countries, so they are not purchasing at the same rate. They are going to have to monetize the debt, which is highly inflationary.

Yeah, again,, buy gold ETFs. TDS/Tesla guy doesn’t get what’s going on. Don’t listen to him.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:The fed has to make a choice as to whether it emphasizes propping up the job market or tamping down inflation. Usually, it is not a very conflicted choice because inflation usually means high growth and a decent job market. The tariffs are putting us in a weird position where prices are going up but job growth is declining.

I think Wall Street knows that the fed is going to have to lower rates to protect the job market so there is less focus on inflation.

Look the federal government is the nation's largest employer. The jobs report would not be this bad if it hadn't been for DOGE's chainsaw. But add the Fed workforce cuts to what is coming with AI, and it is going to look very bad very quickly. Unfortunately, cutting rates will not bring either of those jobs back. They are gone forever. But what it will do is increase inflation and stock prices.

Job losses are deflationary tho

The problem is the existing debt in the Treasury market. There is so much debt outstanding plus, still running 2 trillion/year deficits. Not to mention, Trump has alienated other countries, so they are not purchasing at the same rate. They are going to have to monetize the debt, which is highly inflationary.