The 'supercore' inflation measure shows Fed may have a real problem on its hands

Discussion in 'Political Opinions & Beliefs' started by ButterBalls, Apr 11, 2024.

  1. ButterBalls

    ButterBalls Well-Known Member

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    We preach and preach until we are RED in the face! How many times has it been posted that the DNC rewrites and uses fuzzy math to mislead their base..

    So now the numbers are impossible to hide ;)

    The 'supercore' inflation measure shows Fed may have a real problem on its hands
    How many times has the GOP members posted and replied how the DNC were cooking the books and changing the way CPI has been measured and has been manipulates it all the way back to Obama..

    Seems RENT, FOOD, INSURANCE, FUEL, WATER, ELECTRICITY, and all those lil things inflation also effects is rearing it's ugly head!! Now you'll understand the WHY the majority of Americans don't feel the nation is doing better..
     
    Last edited: Apr 11, 2024
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  2. Steve N

    Steve N Well-Known Member Past Donor

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    We were assured inflation was transitory. Were we lied to yet again?
     
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  3. Steve N

    Steve N Well-Known Member Past Donor

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    Everyone is doing OK, so says the NY Times.

     
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  4. yangforward

    yangforward Well-Known Member Past Donor

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    Economics isn't completely simple or obvious but the Biden Administration
    seems to know exactly how to trash it.

    It is possible to 'print' dollars to cover a deficit, but upsetting all the main
    countries who have been buying those dollars, and attempting to steal
    300 Billion dollars from Russia simply because they are within our reach,
    is a warning to the whole world not to hold dollars.
     
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  5. yangforward

    yangforward Well-Known Member Past Donor

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    Biden is upsetting the balance on both sides.

    Wasting money on wars and writing off debts,
    and excessive military expenditure and accepting
    immigrants in huge numbers from everywhere and
    supplying them with plane tickets and money and
    benefits,

    And on the other side of the balance, ensuring
    other countries are less willing to buy our debts
    and to trust our senile leadership

    Makes a bad combination.
     
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  6. yangforward

    yangforward Well-Known Member Past Donor

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    By supplying 2,000 'hospital flattener' bombs to
    Israel we are making sure the rest of the world
    doesn't like us,

    and the govt itself by lying endlessly, wasting money
    and writing off debts at random it seems, is encouraging
    the public to run up debts themselves with no intention
    or ability to repay -

    $1.7 trillion of student debt,
    $1.6 trillion of auto loan debt
    and $1.1 trillion of credit card debt
     
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  7. fmw

    fmw Well-Known Member

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    If what government says is in its own best interest you can assume it is a lie. It is most of the time.
     
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  8. Lee Atwater

    Lee Atwater Well-Known Member Past Donor

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    I stopped paying attention since you've never once proved it.
     
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  9. fmw

    fmw Well-Known Member

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    I don't think our purpose should be to be internationally popular. It would be better if the rest of the world fears us. That, at least, contributes to national security. Supporting a strong ally like Israel also contributes to national security. Supporting terrorists destroys it.

    Yes profligate spending like we see from federal government will eventually ruin us all. I wish voters would understand and believe that. But instead they believe government. Personal debt is a personal matter.
     
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  10. 19Crib

    19Crib Well-Known Member Past Donor

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    It is more nefarious than that. They are dumping the entire future assets of the government into the population to screw the economy for republicans sure to takeover.
    More and more democrats are agreeing with Biden: "Let us burn down the country so the republicans won't get it!"
    The victims are the earning population. The welfare industry is the only thing growing under Bidenomics.
     
    Last edited: Apr 12, 2024
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  11. wgabrie

    wgabrie Well-Known Member Donor

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    Well, if the government is cooking the books and hiding the real numbers on paper, then there's only so long they can prolong the lie before reality steps in and reveals the con.

    And it's not just the administration at fault I have noticed that the federal reserve has been printing money and going into debt at every turn that the debt ceiling has been raised. So Janet Yellen has a lot to answer for.
     
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  12. wgabrie

    wgabrie Well-Known Member Donor

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    If it's the plan to ruin the country so that if Trump gets in it will fail during his watch, it's not gonna work as expected. Trump can rightly bring the problem to light, fix it, and blame the previous administration for the failure. And anything happening in the first few years of his administration can rightly be blamed on the previous administration.
     
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  13. Talon

    Talon Well-Known Member Past Donor

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    Heh. Kruggles the Keynesian Klown and The New Duranty Times were made for one another. :roll:
     
    Last edited: Apr 12, 2024
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  14. ButterBalls

    ButterBalls Well-Known Member

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    Seems you don't pay attention to the fed either.. explains many of your posts..
     
    Last edited: Apr 12, 2024
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  15. ButterBalls

    ButterBalls Well-Known Member

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    Best post ever, clearly what's happening. The DNC THRIVES in anarchy, they instill fear in their base, make them feel helpless without their guidance..

    Also explains why twenty six years old living with mommies and daddies cant pay their loan even after they are educated are Democrats..

    The DNC goal is to create a party of dependence..
     
    Last edited: Apr 12, 2024
  16. Bullseye

    Bullseye Well-Known Member

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    I think the "Biden economy" has stratified into two distinct layers. Remember how Biden was going to build the economy from the bottom up? He's failed miserably - while stocks have climbed and businesses are ringing up record profits, much of the lower stratus is still living paycheck to paycheck. Thankfully the rate of growth of inflation seems to be slowing; although the latest reports cast a question on that. Real income seems to be gamely trying to catch up but prices has a huge lead with CPI growth since Jan 2021 eclipsing 16% on last report.

    Fortunately for Democratic economic and financial education in schools is and embarrassment and tuned to support the leftwing ideology.
     
  17. ButterBalls

    ButterBalls Well-Known Member

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    Presidents are nothing more than scapegoats for the political union of thieves..

    The best President this country needs is a rat, one that exposes every dirty little secrete these politicians hold dear..

    That's the only way we the people will unite again..
     
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  18. FatBack

    FatBack Well-Known Member

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    It's the same thing they do with crime..... Just redefine it and you magically now have less of it.
     
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  19. JohnHamilton

    JohnHamilton Well-Known Member

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    As long as Biden and the environmental radicals, who belong to the Church of Climate Change, keep limiting the supply of fossil fuel energy and forcing us into expensive renewable alternatives, inflation will continue. There is no way out of the current economic mess so long as Biden and the radical Climate Change Church members are in charge.
     
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  20. wgabrie

    wgabrie Well-Known Member Donor

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    OK, so first, Biden's executive order to prevent federal workers from being fired is going to be overruled by Trump's executive order, which is going to cause a media circus from the left about how Trump is trying to clear the offices of the federal government. Next, Trump and the Republicans are going to fire everyone and put loyal employees into positions across the government. Then the left is going to have another media circus about how Trump is stuffing the federal government in with loyal minions and it's the end of democracy.
     
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  21. yangforward

    yangforward Well-Known Member Past Donor

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    The public is against illegal immigration and the high levels of immigration we have right now.

    The Biden Administration has rammed it down the public's throat.

    The Biden Administration wants more wars and more debt.

    The public doesn't want any of that.

    We don't have democracy right now.
     
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  22. ButterBalls

    ButterBalls Well-Known Member

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    Of course, just another day in the never ending of drama The Daze of OUR lives ;)
     
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  23. Zorro

    Zorro Well-Known Member

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