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Economy GOP back to Inflation worries. "Hyperinflation" (Update: 2022 Inflation Highest in 40 Years)

Jesuschrist, its funny how right wingers who mock communists for not understanding how the economy works are not up in arms about high inflation after during one of the fastest recoveries of a global recession.

If this was the other way around and the FED was being hawkish people would be bitching about high unemployment.

Can't have the cake and eat it too.

I generally agree but it’s also important to note this was a very different type of recession than most. I think far more uncertainty was present in others while this one, it was relatively expected this would pass in 2021. That isn’t to undermine the problems faced in this one as there were different challenges then a normal recession too.
 
Why invade if we are not annexing territory? We should have just claimed Afghanistan and Iraq as territory and moved everyone out and made a factory out of both countries. Problems solved.
I'd do more to like and support, but I got those amazing dub's for 1 comment over 15 years ;)

This is my logic : Smedley D. Butler wrote a book, a quick one, that explains how the US military build up (before and after ww1) published in 1935. He was a retired major general that literally admitted the US was better than the mafia at running the "racket". I read those words, and it's not hard to see how the US went in and took countries for what they were worth, no need to annex or occupy, and told them -- now you trade with this piece of paper. Their goods, services, exportable products -- all exchanged for the USD. You trade for this or we can fuck with you more.

The NIXON shock in the 70's leads to the stone faced lie -- that we could back gold and silver -- at an agreed upon INTERNATIONAL level after ww2. I think it was France that wanted some gold back for their fucking vault full of ink and notes, and were DENIED. (That's a lot of cheese and wine exports traded for paper) We couldn't give them that back because we fucking LIED.

This is called private central banking.... which APPARENTLY isn't a ponzi scheme. The US got rid of the 1st bank of the US, the 2nd bank (Jackson and no bank) -- then they just renamed the damn thing the "federal reserve". Same scheme, same assholes.... same reason we threw the brits out.... but they (the banksters) are a fucking overwhelming whore.

Sounds kooky right? No, it's called a small dominant group of men that seek control of everything. Dunno how many are she/zher/zhen/zhat these days, but they are literally money junkies that only aim for the wish to feed off you.
 
Jesuschrist, its funny how right wingers who mock communists for not understanding how the economy works are not up in arms about high inflation after during one of the fastest recoveries of a global recession.

If this was the other way around and the FED was being hawkish people would be bitching about high unemployment.

Can't have the cake and eat it too.
But the fed is doing ever more than loose monetary supply. It’s just now going to taper it’s 120 billion a month asset purchasing.
There is something to be said for being too dovish or hawkish, but there is a middle ground and I feel that the fed has been too accommodating
 
Really? 2020 was great for the economy?
Oh come on, you know that was due to Covid lockdowns. not Trump.

Before that Economy was great, and dems kept thigns shut down completely blunting the economy; and lets be fair, Trump even gave the states the right to make their own decisions when it came to lockdowns, while simply advising against them.

Honestly, not being partisan, but dems are responsible for the economy right now. You guys are being dishonest by focusing on 2020 compared to the rest of his presidency.

I give credit where its due.



If this were 2000, Republicans were be calling for mandates and lockdowns and Dems the opposite.
Its not a left Vs right thing, its a politician vs patriot thing. Unfortunately Dems have been duped into believing that modern democrat politicians are the same freedom fighting liberals of the 60/70s
 
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Real wages fell 1.2% from October 2020 to this October.
 
Just remember it’s always the Democrats fault but when trump added trillions to the debt (even before pandemic) it was still the democrats fault


It’s also the democrats fault that historically speaking the country does better when they’re in charge of things.
 
Just remember it’s always the Democrats fault but when trump added trillions to the debt (even before pandemic) it was still the democrats fault


It’s also the democrats fault that historically speaking the country does better when they’re in charge of things.
well i'm sure another 4 trillion will fix things.
 
Joe Biden and the left are pretty much intentionally ruining this country.

The morons who thought it was a good idea to lock everything down and keep printing money as a "response" to Covid can get fucked. The left used Covid as a weapon and anyone with an IQ over 85 and who isn't brainwashed knows it, whether they admit it publicly or not.
 
Joe Biden and the left are pretty much intentionally ruining this country.
.

The current FED chairman was appointed by Trump and a Republican Senate.
 
But the fed is doing ever more than loose monetary supply. It’s just now going to taper it’s 120 billion a month asset purchasing.
There is something to be said for being too dovish or hawkish, but there is a middle ground and I feel that the fed has been too accommodating

Sure, but if the FED policy was more hawkish economic recovery would be slower and people would be bitching about high unemployment and low economic outlook. Inflation isn't necessarily a bad thing, specially when its markedly outpaced by growth.


There are no signs of stagflation at all.
 
I generally agree but it’s also important to note this was a very different type of recession than most. I think far more uncertainty was present in others while this one, it was relatively expected this would pass in 2021. That isn’t to undermine the problems faced in this one as there were different challenges then a normal recession too.

Sure, but low unemployment and recovering lost jobs is far more important than controlling inflation at this point.
 
The current FED chairman was appointed by Trump and a Republican Senate.


You interrupting these partisan bitch fits with truth bombs is the best part of this thread. Please continue.
 
If anyone actually believes that hyperinflation is coming, there are ways to position yourself to profit off it. You can actually make a real killing if you're right. But no one's doing that because it's not a real belief, in the sense of something that people actually think reflects reality.
Explain to us again how you understand this stuff, Simple Jack.
 
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