One day ill get a rightoid to explain to me which biden admin policy caused the inflation and what policy cowtools does the WH even have to fight inflation.
My area of Texas shut down for two weeks. And the judge in my county apologized for even doing that. Two weeks after the NBA cancelled the season we were back to normally scheduled programming besides wearing masks.
Lol? It mostly went into pumping the stock market. Im pretty sure the fed was doing everything they could to prop up the markets, and trump openly supported it.
Rightoids have pulled some real voodoo off in relation to the inflation. Theres a reason you never hear them discuss what caused it.
Its definitely government spending and more specifically the money printing required to pay off debt though. Yeah republicans would never complain about it on their guys but youd have to be r-slurred to look at the pandemic spending and want to take office immediately after with zero plan to stop it.
specifically the money printing required to pay off debt though
How did this magically show up now but not in the last 100 years? How is the rate of inflation now low but interest on debt is higher than it was 2 years ago?
Inflation is always and everywhere a monetary phenomenon.
I'm this case the fed didn't have the appetite to cause enough unemployment to raise the rates fast enough to cure inflation quickly. A Volcker recession is the right policy but they are kitties.
I want Bernanke back. I want his beautiful smug face to tell trump he is an r-slur and to STFU while I drain his huge jew balls.
DickButtKiss
: You might be the stupidest shitlib on this website
Yeah the Illuminati decided to tank the global economy and introduce supply chain issues that persist to this day to promote ecelebs. Get your brain checked
Wait are you trying to argue QE is inflationary? Are you a literal r-slur or do you just play one on the Internet?
The inflationary period was caused by supply chain issues from COVID primarily which is why it occurred everywhere in the world. How the frick would TD paying interest on debt cause inflation in France?
Secondary causes were the poorly targeted two rounds of stimulus payments and UI being overly generous. They could have trivially handled all of it via a better designed UI intervention.
JimieWhalesshe/bitch
An educated, strictly organic, ortho molecular aware patriotic princess.
pizzashill 2mo ago#7012055
spent 0 currency on pings
Something somethings the Fed run by deep state Jewish bankers, if only incompetent vegetable Joe had ordered Jerome Potter to (raise|lower) interest rates (sooner|later)
Donald Trump pumped trillions into the market, wanted his face on the stim checks, and bragged about giving hundreds of billions to pharma companies lmao.
Wanting your name on the stimulus checks was a baller move. I don't care who you are. Just vote for Trump pizza, if you vote for Kamala your beautiful British ex will never come back for you
Real wages are up a lot under Biden anyway so like who cares lmao. People just weirdly anchor to the nominal price of eggs even though they can buy more eggs per hour worked.
Humans instinctively use just price economics. Relative pricing and real wages are statistics for nerds who didn't spend enough time being shoved into lockers.
The entire world is fricked with inflation, locking down entire economies and paying people government money to stay home made massive inflation everywhere inevitable. USA actually faired a lot better than most other places who had worse inflation.
The money he gave out during the pandemic, the selling of the petrol from reserves, and the Fed keeping interest rates low caused inflation.
Yes, Biden's administration did cause the inflation. Pretty much all serious economists agree on this.
Whether it was neccesary to prevent a larger recession is the argument.
It's weird you are choosing this hill to die on pizza.
Like denying reality to make a worse argument then he better argument that decisions that caused inflation were neccessary to keep the economy strong.
Then again you went full tilt on nvidia which is one of the biggest bubble stocks. So you might just be completely ignorant about financial stuff.
Btw, buying individual stock to make gains is the equivalent of gambling. You aren't gonna beat the market as an individual unless you do extensive research. Even most professional stock investors don't beat a simple index fund over a multi year time scale and they have way more knowledge and experience than you ever will about this.
SixthEggnogI/Am
Subject Matter Expert in making dramatards mad af
pizzashill 2mo ago#7014667
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Because the economy was arrested from this thing called a coof.
Weird you keep bringing it up yet ignore
"Inflation reduction act" and infrastructure bill Biden pushed while trying pull a fireside chat to explain his "bidenomics" only to be a fricking embarrassment that the admin quietly dropped tutting "bidenomics" when nobody was buying their bullshit.
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One day ill get a rightoid to explain to me which biden admin policy caused the inflation and what policy cowtools does the WH even have to fight inflation.
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Money printing and uh money printing (to pay the interest on government debts)
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Most of the money pumped into the economy was during trumps term lol.
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And why did the economy have to have money pumped into it? Dems shut their states and cities down
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Red states didn't shut down?
You wingcucks always amaze me with your ability to forget things that happened 5 years ago.
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My area of Texas shut down for two weeks. And the judge in my county apologized for even doing that. Two weeks after the NBA cancelled the season we were back to normally scheduled programming besides wearing masks.
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The entire world shut down lmao.
Sometimes I wonder if you guys have any idea how the world or even society works.
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And the rest of the world is gay, we're America we shoot the coronavirus we don't hide in fear
Why would we ever be proud to be followers of the weak and the poor
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What happens when the rest of the world shuts down, to the US economy?
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Nothing except we cant buy funko pops
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Again mostly to fuel a public health scandal that was over hyped to promote ecelebs and useless designer drugs
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Lol? It mostly went into pumping the stock market. Im pretty sure the fed was doing everything they could to prop up the markets, and trump openly supported it.
Rightoids have pulled some real voodoo off in relation to the inflation. Theres a reason you never hear them discuss what caused it.
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Its definitely government spending and more specifically the money printing required to pay off debt though. Yeah republicans would never complain about it on their guys but youd have to be r-slurred to look at the pandemic spending and want to take office immediately after with zero plan to stop it.
(No the inflation induction act didnt work)
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The government did act: they increased interest rates, which was the only actual solution.
This doesn't change the fact much of the money was pumped when trump was in office.
Meaning blaming joe biden is actually r-slurred.
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Biden has been in office for fifty years at this point of course he was going to make lives harder for everyone.
Trump meanwhile did nothing wrong aside taking advice from so called doctors and health insurance vendors that lied about everything
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So to be clear, joe biden is to blame for government spending pushed for and signed by donald trump?
Trump tries to sign the fricking stim checks lmao.
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How did this magically show up now but not in the last 100 years? How is the rate of inflation now low but interest on debt is higher than it was 2 years ago?
Inflation is always and everywhere a monetary phenomenon.
I'm this case the fed didn't have the appetite to cause enough unemployment to raise the rates fast enough to cure inflation quickly. A Volcker recession is the right policy but they are kitties.
I want Bernanke back. I want his beautiful smug face to tell trump he is an r-slur and to STFU while I drain his huge jew balls.
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That's more than total vaccine revenue worldwide since the beginning of time. But don't let reality get in the way of your insanity.
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You think giving money to one company causes inflation?
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Yeah the Illuminati decided to tank the global economy and introduce supply chain issues that persist to this day to promote ecelebs. Get your brain checked
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I mean they just wanted Trump to look bad and to promote satanism. It was a huge success
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The Chad Satan vs the Virgin Christ.
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@PeepeeButtKiss i'm not even a liberal you fat chud r-slur
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@PeepeeButtKiss *you're
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Neither of those causes inflation.
Money has to be spent for inflation to occur.
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Wait are you trying to argue QE is inflationary? Are you a literal r-slur or do you just play one on the Internet?
The inflationary period was caused by supply chain issues from COVID primarily which is why it occurred everywhere in the world. How the frick would TD paying interest on debt cause inflation in France?
Secondary causes were the poorly targeted two rounds of stimulus payments and UI being overly generous. They could have trivially handled all of it via a better designed UI intervention.
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I mean those pharmaceutical corporations had our best interest at heart
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How exactly? This supply issue has been occurring since 2020 and suddenly inflation jumps to 10% in 2023. It's not Covid-induced supply issues.
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inflation lags lol. If the world opens back up and supply chains have't recovered enough you end up with inflation.
supply chain issues did cause much of the inflation. it was a big issue with food on top of a bad series of weather related events.
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Something somethings the Fed run by deep state Jewish bankers, if only incompetent vegetable Joe had ordered Jerome Potter to (raise|lower) interest rates (sooner|later)
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Yes, but that is a good thing because it finances the destruction of browns (Palestinians). Glory to the National Socialist State of Israel
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Inflation reduction act was literally a spending bill
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And nothing compared to the money pumped in by trump.
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You do realize congress created the CARES act right?
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Donald Trump pumped trillions into the market, wanted his face on the stim checks, and bragged about giving hundreds of billions to pharma companies lmao.
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Least conservative republican in modern history who spent the 90s and early 2000s backing early democrats and flirting with running in both parties
He's not an ideology he's just an r-slur
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Wanting your name on the stimulus checks was a baller move. I don't care who you are. Just vote for Trump pizza, if you vote for Kamala your beautiful British ex will never come back for you
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I'm not sure how that means Biden doing the same thing didn't continue to increase inflation.
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because it was trivial compared to the overall spending. Did it help? no, was it to blame for any relevant amount of inflation? no.
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Spending causes inflation, Biden admin spent a lot more than Drumpf. Hope that helps you understand
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But they didnt spend more than trump.
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They did if you count their lack of potential savings on expired meat as a federal stimulus.
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https://nypost.com/2022/03/18/president-biden-is-at-fault-for-high-gas-prices-not-putin/
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The US is producing record amounts of oil lmao.
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It is now. Showing how the POTUS actually can affect things.
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This wasnt the president lol.
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I'm sure you'll agree that having an "Inflation reduction act" that actually just gave out masses of free money wasn't a good look.
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sure, but it was still a fraction of the spending lmao.
and rightoid states were doing the same thing, giving checks to "families" to fight inflation. Desantis himself did it.
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Real wages are up a lot under Biden anyway so like who cares lmao. People just weirdly anchor to the nominal price of eggs even though they can buy more eggs per hour worked.
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yeah if I recall average spending is up 900 a month and wages are up over 1k a month.
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Humans instinctively use just price economics. Relative pricing and real wages are statistics for nerds who didn't spend enough time being shoved into lockers.
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sending billions to ukraine may have played a part...but im not a finance guru...
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Lmao
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I don't like Biden but pinning him with the inflation is fricked.
We have 1,800 dollars to all Americans for nothing. That started under Trump. And the inflation followed after.
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The entire world is fricked with inflation, locking down entire economies and paying people government money to stay home made massive inflation everywhere inevitable. USA actually faired a lot better than most other places who had worse inflation.
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Lmao a large portion, more than half, of the pandemic spending happened when trump was in office.
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Oh you're r-slurred. What's new.
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what did I just say that was false?
what % of government spending happened under Trump vs Biden?
The collapse of oil production even happened when Trump was in office.
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well 25% of the federal budget is now spent on transing children. so there's that.
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It was all the ones
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You've been told multiple times, but you keep your head up your own butt so you can't see or hear shit
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Trump pumped more into the economy than biden.
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Because the economy was arrested from this thing called a coof.
Weird you keep bringing it up yet ignore
"Inflation reduction act" and infrastructure bill Biden pushed while trying pull a fireside chat to explain his "bidenomics" only to be a fricking embarrassment that the admin quietly dropped tutting "bidenomics" when nobody was buying their bullshit.
Stick to stocking shelves, you loser.
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Tripling M2 caused inflation.
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Poor people having money to buy food rises prices for normal people
I think everyone should be treated the same but Kamala wants to treat me like a BLACK PERSON!!!!
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