Anyone Afraid Of Inflation?

[bacha29]

This is the kind of magic @bacha29 wanted when biden was elected

Inflation occurs when the DEMAND for goods and services exceed the supply. Deflation occurs when the SUPPLY exceeds the demand. And it looks right now that we're going toward a recession. But, that's a free market supply and demand economy. Now guys all talk like you're free market capitalists and if you truly are you would be cognizant of the fact that you're not always going to be on the favorable side unless you do more on your own, become more market savvy and learn how to spot shifting market dynamics. And nobody's going to do that for you.
Your only other choice would be Nixon era price controls or a communist style central committee operated economy.

 

[bacha29]

Yep, then recession.

And the federal reserve is clearly trying to cool the economy in the hope of keeping the looming recession less severe and shorter in duration . But, come August or September when WWIII gets going in earnest in Europe we'll been in a war footing economy with nobody knowing for sure what form it will take and you might just see military conscription return to American life for the first time in 50 years.

 

[IVE GOTTA PACKAGE 4U]

AAlso

Inflation occurs when the DEMAND for goods and services exceed the supply. Deflation occurs when the SUPPLY exceeds the demand. And it looks right now that we're going toward a recession. But, that's a free market supply and demand economy. Now guys all talk like you're free market capitalists and if you truly are you would be cognizant of the fact that you're not always going to be on the favorable side unless you do more on your own, become more market savvy and learn how to spot shifting market dynamics. And nobody's going to do that for you.
Your only other choice would be Nixon era price controls or a communist style central committee operated economy.

Wages have also went up a lot that is also fueling inflation

 

[Wally]

We had one small interest rate hike. There has to be a lot more pain before things get better unfortunately.

 

[Lineandinitial]

we have a full life.

So...wgaf?

 

[IVE GOTTA PACKAGE 4U]

We had one small interest rate hike. There has to be a lot more pain before things get better unfortunately.

.25 isn't going to cut it.

 

[Wally]

Inflation occurs when the DEMAND for goods and services exceed the supply. Deflation occurs when the SUPPLY exceeds the demand. And it looks right now that we're going toward a recession. But, that's a free market supply and demand economy. Now guys all talk like you're free market capitalists and if you truly are you would be cognizant of the fact that you're not always going to be on the favorable side unless you do more on your own, become more market savvy and learn how to spot shifting market dynamics. And nobody's going to do that for you.
Your only other choice would be Nixon era price controls or a communist style central committee operated economy.

Biden said inflation was just temporary?

 

[IVE GOTTA PACKAGE 4U]

Biden said inflation was just temporary?

Is that what Jimmy Carter thought?

 

[What'dyabringmetoday???]

I don't see no buying anything living like a hermit.
Hiking , bicycling, camping, dog walking, yard work, sun bathing , etc.
We are not much on consuming.

I;m getting on average $500 more for my hobby projects and my repair expertise is in such demand
that I have doubled my rates and still turn down work. I only work 10-15 hours a week on my hobby which could easily be 40 plus hours if wanted.

That's quite a hedge on inflation.

we have a full life.

Repair expertise- lol.

 

[Jkloc420]

Inflation occurs when the DEMAND for goods and services exceed the supply. Deflation occurs when the SUPPLY exceeds the demand. And it looks right now that we're going toward a recession. But, that's a free market supply and demand economy. Now guys all talk like you're free market capitalists and if you truly are you would be cognizant of the fact that you're not always going to be on the favorable side unless you do more on your own, become more market savvy and learn how to spot shifting market dynamics. And nobody's going to do that for you.
Your only other choice would be Nixon era price controls or a communist style central committee operated economy.

You voted for this buddy, good job

 

[IVE GOTTA PACKAGE 4U]

Did US inflation peak in March? Americans are concerned

Americans have been living with soaring prices for months, and March promises to have marked yet another fresh multi-decade high.

www.cnn.com

 

[bacha29]

Biden said inflation was just temporary?

He brought Paul Volker in as the new guy to run the country. The president doesn't run the country. The Chairman Of The Federal Reserve Board runs the country. Volker plainly told Carter 'I will fix the problem but it will cost you a second term" Carter's response...."do it".
Oh BTW. The current Fed Chairman Jerome Powell is a Republican who was nominated by Trump and confirmed by the GOP controlled Senate in 2018. His decision to keep rates too low for too long is widely blamed by knowledgeable economists and professional traders as being the primary cause for the increased inflation. Too much free money in the market when post COVID demand rapidly expanded. As a result Fed funds rate is expected to go from zero at the beginning of this year to 2.5% by the end of the year with a 50 basis point increase next month. And we'll be lucky if 2.5% will do it.

As for food inflation? Efforts to control Avian Flu has already required the culling of 22 million chickens . Swine Flu in Mexico has resulted in a 33% increase in the amount of pork it has to import. In both cases we are nowhere near getting the outbreaks back under control. Drought in Canada has wheat back above $11 and oats above $8. Pay no mind to the politics focus on the markets because they drive the politics.

Ukraine is among the world's largest exporters of grain and is the world's largest exporter of oil seed. Thanks to Vlad it's agricultural export tonnage is projected to be cut 70%. Talk going around that rather than allowing the Russians to destroy the NEXTAT's like they did the Antonov 225 they will pull them out of Ukraine and send them to the US.

 

[Over70irregs]

He brought Paul Volker in as the new guy to run the country. The president doesn't run the country. The Chairman Of The Federal Reserve Board runs the country. Volker plainly told Carter 'I will fix the problem but it will cost you a second term" Carter's response...."do it".
Oh BTW. The current Fed Chairman Jerome Powell is a Republican who was nominated by Trump and confirmed by the GOP controlled Senate in 2018. His decision to keep rates too low for too long is widely blamed by knowledgeable economists and professional traders as being the primary cause for the increased inflation. Too much free money in the market when post COVID demand rapidly expanded. As a result Fed funds rate is expected to go from zero at the beginning of this year to 2.5% by the end of the year with a 50 basis point increase next month. And we'll be lucky if 2.5% will do it.

As for food inflation? Efforts to control Avian Flu has already required the culling of 22 million chickens . Swine Flu in Mexico has resulted in a 33% increase in the amount of pork it has to import. In both cases we are nowhere near getting the outbreaks back under control. Drought in Canada has wheat back above $11 and oats above $8. Pay no mind to the politics focus on the markets because they drive the politics.

Ukraine is among the world's largest exporters of grain and is the world's largest exporter of oil seed. Thanks to Vlad it's agricultural export tonnage is projected to be cut 70%. Talk going around that rather than allowing the Russians to destroy the NEXTAT's like they did the Antonov 225 they will pull them out of Ukraine and send them to the US.

Notice when facts hit them you hear crickets. That politics blame mantra is all people have. When sourcing from one channel it’s like blinders on a horse. But alas it’s never too late to learn.

 

[Red Devil]

He brought Paul Volker in as the new guy to run the country. The president doesn't run the country. The Chairman Of The Federal Reserve Board runs the country. Volker plainly told Carter 'I will fix the problem but it will cost you a second term" Carter's response...."do it".
Oh BTW. The current Fed Chairman Jerome Powell is a Republican who was nominated by Trump and confirmed by the GOP controlled Senate in 2018. His decision to keep rates too low for too long is widely blamed by knowledgeable economists and professional traders as being the primary cause for the increased inflation. Too much free money in the market when post COVID demand rapidly expanded. As a result Fed funds rate is expected to go from zero at the beginning of this year to 2.5% by the end of the year with a 50 basis point increase next month. And we'll be lucky if 2.5% will do it.

As for food inflation? Efforts to control Avian Flu has already required the culling of 22 million chickens . Swine Flu in Mexico has resulted in a 33% increase in the amount of pork it has to import. In both cases we are nowhere near getting the outbreaks back under control. Drought in Canada has wheat back above $11 and oats above $8. Pay no mind to the politics focus on the markets because they drive the politics.

Ukraine is among the world's largest exporters of grain and is the world's largest exporter of oil seed. Thanks to Vlad it's agricultural export tonnage is projected to be cut 70%. Talk going around that rather than allowing the Russians to destroy the NEXTAT's like they did the Antonov 225 they will pull them out of Ukraine and send them to the US.

No no it’s because of BRANDON! Don’t you understand?

 

[Over70irregs]

Inflation is just a signal to invest in technology that removes $ changers from the temple.

 

[IVE GOTTA PACKAGE 4U]

Inflation is just a signal to invest in technology that removes $ changers from the temple.

 

[bacha29]

No no it’s because of BRANDON! Don’t you understand?

What you don't understand is that we are now a global economy. We depend on other nations for materials and labor vital to this nation's economy because much of it is simply not available in this nation. The fact that all you have in the way of a response is the BRANDON slogan that dumb people fall back onto when they are flat out either can't understand or are not interested in even trying to learn something about how markets drive politics right down to the local level.

 

[CHEMA-DELMA]

Biden said inflation was just temporary?

Let's hope Brandon / Biden is temporary Wally

 

[Over70irregs]

View attachment 380037

The can has to stop rolling down the street and find a “NEW” base.

 

[bacha29]

Notice when facts hit them you hear crickets. That politics blame mantra is all people have. When sourcing from one channel it’s like blinders on a horse. But alas it’s never too late to learn.

One only needs to remember what said Mark Felt to Bob Woodward....."Follow the money". Markets today have become so expansive and globalized to the point that the markets are the money . If Americans want the US to detach from the global economy they must first be willing to accept the fact that the days of cheap and plentiful consumer goods would come to an abrupt and painful end.
Putin saw that Ukraine was rapidly becoming a powerful western allied global trading partner and he saw them as a threat . So he set out to completely destroy it. And the effects of it are already being felt in the West and it will likely become even more painful.