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CPI numbers still hot inflation

Posted on 4/10/24 at 7:49 am
Posted by Padme
Member since Dec 2020
6206 posts
Posted on 4/10/24 at 7:49 am
My prediction of a fudge was wrong. Almost four years of Bidenflation.


But muh Trumps fault
—SFP
This post was edited on 4/10/24 at 7:50 am
Posted by Strannix
District 11
Member since Dec 2012
48970 posts
Posted on 4/10/24 at 7:55 am to
Another trillion to Ukraine will fix it
Posted by ABearsFanNMS
Formerly of tLandmass now in Texas
Member since Oct 2014
17482 posts
Posted on 4/10/24 at 7:57 am to
quote:

Another trillion to Ukraine will fix it


Don’t forget that student loan debt transfer….I mean student loan forgiveness. Should drive inflation down right?
Posted by OccamsStubble
Member since Aug 2019
5044 posts
Posted on 4/10/24 at 7:59 am to
GOLD is up 16% in the past two months, SILVER up 24%. Put a more realistic way, the US dollar has lost 16% of it's buying potential against GOLD, and 24% against SILVER, both of which are alternate forms of US currency.

But, keep printing them ShruteBucks and throwing them at people because they can fog a mirror.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422923 posts
Posted on 4/10/24 at 8:00 am to
quote:

But muh Trumps fault

We are probably just now feeling the inflationary effects of Biden's spending.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422923 posts
Posted on 4/10/24 at 8:00 am to
quote:

Put a more realistic way, the US dollar has lost 16% of it's buying potential against GOLD, and 24% against SILVER,

Commodities that fluctuate wildly are not currency comparisons
Posted by OccamsStubble
Member since Aug 2019
5044 posts
Posted on 4/10/24 at 8:04 am to
people that use emoticons to make a point never do.
This post was edited on 4/10/24 at 8:09 am
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
422923 posts
Posted on 4/10/24 at 8:05 am to
Commodities that fluctuate wildly are not currency comparisons
Posted by Achilles Hill
Member since Mar 2024
233 posts
Posted on 4/10/24 at 8:06 am to
We are still printing trillions of dollars.

Why would inflation go down.

Transitory…..
Posted by Padme
Member since Dec 2020
6206 posts
Posted on 4/10/24 at 8:10 am to
quote:

We are probably just now feeling the inflationary effects of Biden's spending.


You’re persistent

Just now, after 3 1/2 years
Posted by LSUnation78
Northshore
Member since Aug 2012
12078 posts
Posted on 4/10/24 at 8:14 am to
quote:

Another trillion to Ukraine will fix it


Yall are so easily distracted by the current shiny thing.

We racked up 30 trillion in debt before ukraine became a charity case. The amount we’ve sent Ukraine in money and material is wholly insignificant in comparison to our annual deficit.
Posted by 1BIGTigerFan
100,000 posts
Member since Jan 2007
49238 posts
Posted on 4/10/24 at 8:14 am to
Could you imagine finding a law firm on Google and getting SFP?
Posted by SDVTiger
Cabo San Lucas
Member since Nov 2011
74028 posts
Posted on 4/10/24 at 8:15 am to
quote:

You’re persistent

Just now, after 3 1/2 years


exactly

quote:

Could you imagine finding a law firm on Google and getting SFP


This post was edited on 4/10/24 at 8:18 am
Posted by OccamsStubble
Member since Aug 2019
5044 posts
Posted on 4/10/24 at 8:17 am to
There’s no amount that’s insignificant when every person holds $101,000 in national debt. At that point you stop and reverse course, you don’t punch the gas and steer for the abyss.
Posted by BCreed1
Alabama
Member since Jan 2024
1231 posts
Posted on 4/10/24 at 8:19 am to
The most conservative Slowmo is telling us this has been all Trump's fault!

Posted by The Maj
Member since Sep 2016
27176 posts
Posted on 4/10/24 at 8:19 am to
quote:

you don’t punch the gas and steer for the abyss.


You do if your agenda requires the US to not exist in its current form in order to be fully implemented...
Posted by LSUnation78
Northshore
Member since Aug 2012
12078 posts
Posted on 4/10/24 at 8:20 am to
50 or even 150 billion is hardly punching the gas.

Again, very easily distracted by shiny things. Whatever the newest greatest thing is to complain about.

You’re talking about driving off the cliff at 62 mph vs 60 mph, and focusing on the 2mph instead of the 60mph.



Its a distraction from the primary issue. Just the way TPTB like it.
This post was edited on 4/10/24 at 8:22 am
Posted by Ten Bears
Florida
Member since Oct 2018
3303 posts
Posted on 4/10/24 at 8:22 am to
quote:

We racked up 30 trillion in debt before ukraine became a charity case. The amount we’ve sent Ukraine in money and material is wholly insignificant in comparison to our annual deficit.


Easy now. There are some in here that think that we could pay down our debt and fund Social Security if we just cut Ukraine funding.
Posted by Screaming Viking
Member since Jul 2013
4474 posts
Posted on 4/10/24 at 8:24 am to
quote:

I mean student loan forgiveness


on a tangent.....never, i mean never use the same terminology as your opponent. there is no such thing as "forgiveness". simply put, someone else is paying the bill. and since the federal government generates nothing, then tax paying population are the ones paying this bill.

sfp, while of course there is a delay before you see results of fiscal policy, you are misguided here. DJT did plenty of good to improve the financial situation of this country. he also did some bad things. however, uncle joe joe has done nothing positive for this economy. nothing.
Posted by CleverUserName
Member since Oct 2016
12660 posts
Posted on 4/10/24 at 8:24 am to
quote:

Commodities that fluctuate wildly are not currency comparisons


You really have zero clue. Stop trying to act like you do.

You know what gold futures were in July 2020? 1,810.

You know what gold futures were in October 2023? 1,840.

Gold futures are higher now why?? It’s a hedge against inflation.

Since 2000 the US Dollar index has fluctuated more than gold has BTW.
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