-
Interest rates
CPI is at the highest level in 40 years but its 
cool cause the worst affected segments are all non-essential shit like raw materials, food and fuel 
. -
The
s are closing their ports down to achive "Dinamic-social zero covid with chinese characteristics" 
-
And westoid leaders
unironically think that banning russian oil & gas imports might unironically be a good idea. 
The world is shit 
and its about to get a whole lot shittier 
but I couldnt be happier because Im sharing it with you guys 
and we are about to witness unprecedented levels of seethe together. I love every single one of you 
And remember, if news about funny numbers push you to 
, you probably weren't cut out for this world anyways. Just remember to shout out freeghettohoes.biz in your murder-suicide livestream, its your civic duty 
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We need him now more than ever Snappy, he would know what to do
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Let's kill all of the sparrows that are eating the precious grains since there is a fertilizer shortage due to Russian embargoes.
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Only after we melt all of our barrels so Russia cant profit off the oil barrel price
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Amazing marsey right there
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landchad genocide trivialisation, do better, be better
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Omg Snappy is sentient and BASED
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Dis chink solved food shortages with cannibalism. He woz a KANG!
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Stop being a doomer.
The economy nerds will fix it
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Where is he
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No the plan this time is higher taxes and
less gibswait for the supply chain to fix itselfJump in the discussion.
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Higher taxes would help inflation tbf
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Oh donโt fret, heโs raising interest rates byโฆ checks notes, 1/4%. Surely this will reign in the $9T+ we created and stored in
corporate debtfunny bank papers.Jump in the discussion.
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I asked him nicely to delay raising them for a few decades. The second they hit 2% Italy ceases to exist and thats where I wanna retire.
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Wouldn't Italty's economy cratering be good for anyone who wants to retire there?
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Only to some degree, public infrastructure still needs to be funded otherwise you're looking at a peninsula wide refugee camp
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Implying it isnโt already
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Yes, what Italy needs is more
SomaliansSicilians coming and fricking up the good farm landJump in the discussion.
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If this frightens you, don't look at China's M2 in USD.
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China has a weird system with 2 currencies (internal and external) that I donโt fully understand. Perhaps intentionally, perhaps not.
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They don't have two currencies. They have a single fiat currency that has two sets of exchange controls: restricted (CNY) and unrestricted (CNH).
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There's like eight of those on the books for this year. Economy doesn't like sharp corners.
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I donโt envy the job of the man who is tasked with reigning in demand rn
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God dammit Adolf Putler!!!!
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This angers the
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Nah heck just comment further diwn a comment chain wgere this isnt posted
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im not smart but that high level should lead to high consequences
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Hi
@stringauer,
Your comment has been automatically removed because you forgot to include
trans lives matter.Don't worry, we're here to help! We won't let you post or comment anything that doesn't express your love and acceptance towards the trans community. Feel free to resubmit your comment with
trans lives matterincluded.This is an automated message; if you need help, you can message us here.
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I miss old wsb before it became a bunch of normies and activists.
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Brrr.money
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100%, they just have to pull "economy - good" lever. Just two more weeks
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Yes. Some poors may die but the economy demands sacrifice.
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We're making the mother of all omelettes here Jack, can't fret over every egg
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So are you implying that if we sacrifice every antiworkcel to the economy
style, theres a chance I might afford my own pod one day 
?
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Considering antiworkers probably all pay a net negative in taxes, itโs be a good start.
This morning, Cum went to the park. I went with Coom. And Cum brought Coomer frisbee. At least I think it was Coomers. By the end of the day, Cum started throwing the frisbee to Cumself.
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Yea, it is a vengeful economy
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The economy nerds spent 2020 declaring that we can print as much money as we want with no inflationary consequences
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The money printing has little to do with the global inflation we're seeing.
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Yeah yeah it's the supply chains and oil frickery/downstream effects of the oil frickery but I find it fun to connect it to the money printing because I do not respect macroeconomics as a science and normies aren't really capable of grokking either explanation
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Even then we have to consider sector spedific deflation - like in travel/tourism and then the rapid inflation that followed demand sky rocketing.
The chip shortages pre-date the pandemic even and were made much worse.
The cost of raw materials started sky rocketing due to trade wars before the pandemic.
My uncle runs a large construction company and was sperging over wood in 2018.
My step dad works in logistics and was sperging and claiming a shit show was coming in 2018, before the pandemic.
Like idk why people are so obsessed with the stimulus.
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I still hear ppl saying โpeople donโt want to work anymore, the government pays them too much.โ
The stimulus was forever ago like what. Lotta shitty businesses donโt want to accept Amazon is preferable to working for them.
Follower of Christ
Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.
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Exactly lol. No business paying fair market wages is struggling to find workers.
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Pizza is what happens when you opt for an online education on Reddit dot com. Trans lives matter. Why work when you can steal $900 at a time from anywhere with no consequences. Whatโs the market wage too offset free money?
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Still mentally ill I see.
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Yeah I had overheard a lady saying she had to halt her cleaning business b/c people โdidnโt want to work โฆ wanted to be paid $20/hrโ and โthat wasnโt going to happenโฆโ I mean it sure sounds like it did???
Follower of Christ
Tech lover, IT Admin, heckin pupper lover and occasionally troll. I hold back feelings or opinions, right or wrong because I dislike conflict.
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Of course it did lol. The reality is gig work has put a ton of pressure on traditional low end jobs. Why go work for some r-slur for poverty wages when you can uber/dash, make more, not have a boss, and set your own hours?
The reality is these people cannot accept their poverty wages aren't gonna cut it anymore.
We're witnessing a revolution in which plebes, sick of being exploited, are just telling the small business tyrant class to frick off.
Which is ironic given the hatred the gig economy got from the media despite being a far better work environment on average.
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I actually remember a lot of people sperging about lumber not too long ago. Ben shapiro bought like a single piece for 60 bucks or something
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I'm just glad to see he is still capable of acquiring wood.
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Check the diff between stinulus and quantitative easing.
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Because it's a simple explanation and people here are very simple minded.
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Based
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The stimulus had some effect on inflation, lol. It's just not even close to the primary factor.
There's some weird mythology about inflation r-slurs have beat into society that states "inflation is only when you print money" and they'll just edit out every other factor.
For example what is pooled demand? People not spending money during the pandemic due to businesses being closed, anxiety about the future?
What about supply chains?
What about oil?
How much of the inflation is a correction in sector specific deflation?
This isn't even getting into the fact the alterative to the stimulus was economic collapse with unemployment hitting 17%
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Inflation is defined literally as inflation of the supply of money. You commies have too change definitions in order too try and make it seem like youโre not constantly losing. Trans lives matter
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Is it?
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Get a printed dictionary from before they started printing money pre 2000. They change definitions commies say the science has evolved or itโs a living document. In this case they added increase in prices too the 2nd definition then moved it too the first only took 20 years. Online nobody can tell. Hence the way back machine. Trans lives matter
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Honeybuns you need to go way before the year 2,000 to find a time when money was not being printed. The earliest known examples of widely-used paper fiat currency is the 7th century in China.
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Amerikkkans have been spending money like drunks for fifty years. Thing is the pandemic hit and some dumbocrats decided to kill as many bipocs as possible by forcibly shutting down businesses and agriculture.
We're up by two million in global starvation deaths and biden just said the shortages will be real this time.
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Imagine thinking shut-downs were optional lol.
Do you think people just keep living their lives as normal during a pandemic?
One of the best memes of the pandemic was a meat packing plant refusing to shut down and then shutting down a week later as the entire staff got sick and a few died.
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Every argument you make is a fallacy. One of the best memes of the pandemic was 10 times more people dying from street drugs in SF shipped in by Democrats financial partners the cartels and China than by made up virus. Trans lives matter
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Oh yeah those shutdowns saved 0.015% more americans while genociding two million people. I guess thats a great trade off for the nationalists.
Now we're heading full speed into year three of a deliberate holocaust and nobody will be held accountable.
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It's going to be 2030 and you're still gonna be spewing about temporary supply chain issues being the only cause of inflation. Just give it up already.
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Don't think I said supply chains were the only issue but ok.
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You know what I mean autist. You're blaming the vast majority of it on transitory effects that I've been hearing are gonna go away any day now for the past year.
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Another totally unr-slurred take from pizzashill
, how long can he keep this up 
@NoEntiendoMas ?
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Just basic reality lol.
The biggest threat we're facing right now is the fed overreacting to inflation via political pressure and causing a recession.
A lot of the things currently causing inflation are problems that will be corrected over time.
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How many weeks do you think it'll take?
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Hard to say tbh, I'd expect it to start leveling out by 2023.
The feds need to strong arm the oil industry.
This bullshit "we'll only increase production by 0-5% no matter the price of oil" drivel is blatantly political.
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Yeah it's kinda BS given the subsidies we give them. We should honestly just make the oil subsidies conditional on raising production. They'd change their tune, they're not dumb.
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One of them literally openly said this shit lol. He was on fox business declaring they were locked into 0-5% production no matter the price per barrel.
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YES PRICE CONTROLS ARE THE ANSWER. JUST LIKE HOW THAT WORKED IN VENEZUELA WHERE YOU'RE GOD KING COMMIE BERNIE SAID WAS A GREAT IDEA. Trans lives matter
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Show where anyone mentioned price controls.
I also love how you guys constantly invoke venezuela but not Saudi arabia.
Wonder why.
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Hi
@collectijism,
Your comment has been automatically removed because you forgot to include
trans lives matter.Don't worry, we're here to help! We won't let you post or comment anything that doesn't express your love and acceptance towards the trans community. Feel free to resubmit your comment with
trans lives matterincluded.This is an automated message; if you need help, you can message us here.
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He's grassed Im afraid
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Iโll never forget you in two weeks.
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You have the economic understanding of a trailer park manager. Trans lives matter. Whatโs you're net worth? A gaming computer?
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are you an economist?
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I swear I think heโs taking his current stance just to get me to engage lol
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Id love to see you guys go head to bussy about economics lul
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I would not, his word games are predictable at this point.
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Trying to edit like 80% of the inflation out to reee about a stimulus that even if it increased inflation was the correct move is peak brainlet status.
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Quantitative easing? Whats that
?
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If stimulus is good why stop it? Trans lives matter
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This is barely a sentence, cmon. If I needed an opinion on Florida white trash id call you.
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You are actually brain dead omg
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I'm not is the thing, that's actually the pretty standard consenus.
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lol
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Let me tell you why the stimulus is the primary factor in the global inflation we're seeing and why supply chains, pooled demand, sector specific deflation, and oil are not real.
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I donโt care what you think is real.
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https://fred.stlouisfed.org/graph/?g=KplI
Consensus among politicians?
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No, economists from what I've seen.
Idk why people are so fundamentally incapable of accepting why we're seeing global inflation.
It's like the gas price stuff where people just straight up deny reality and claim the government is preventing drilling.
Even if we decided to ignore the real cause for most inflation, what was the alterative with unemployment hitting 17%?
Let the economy tank?
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Which analysts are you subscribed to? JPM? MS? Credit Suisse? (Lol)
You can drop the act, everyone knows youโre full of shit here
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I mean it seems like you are and kind of just mad about tbh.
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The thing is, Daddy was so intent on being re-elected, saving the economy wasn't enough. It needed to appear to be booming ( because he was a business man doing business) so he told JPow to open the floodgates. And so the major indexes mooned while GDP went to shit and the budget deficit ballooned. But hey, SPY is the economy, right?
This is nothing like the gas price stuff where people just straight up deny reality. Supply chains aren't perfect, but they're not the "real cause of inflation". Happy to read your sources tho.
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https://libertystreeteconomics.newyorkfed.org/2022/01/the-global-supply-side-of-inflationary-pressures/
For example. Like I'm not saying the stimulus had no impact, but supply chains and oil are probably much bigger factors.
Obviously Trump and his attempts to superheat the economy for short term political gain is relevant too.
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FYI this is earlier than Daddy. This goes back to
BernankGreenspan and no politician since has the balls to do what is right.Jump in the discussion.
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I've seen the standard consensus that this is just the Putin price hike.
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Biden said inflation was good although its only transitory.
Trans lives matter
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Probably best to trust major bank analysts over pizzadork here
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Pizza has half a million karma on Reddit dot com on his resume. Trans lives matter
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Thanks as i knew to stop reading there
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Wrong.
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Then we should print way more of it.
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MMT bah-beh
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Don't worry about that part
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LOL this is the fix
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Worked after 2008 it will work now
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