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Don’t compare Biden to Jimmy Carter…
HoustonHusky
Member Posts: 5,999
in Tug Tavern
He’s worse. Inflation in Jimmy’s stagflation peaked around 14%…Biden’s is a little over 9%. But they don’t like to mention they changed the calculation twice, and if you use the same calculation Biden’s inflation is over 17% now. Sad to see our country reaching economic #BananaRepublic behavior to match our political #BananaRepublic.
Numbers from shadowstats. Great thread on it:
Will be interesting (and scary) to see what happens…the Fed is currently trying to prop up Wall Street while they beat down consumer demand (I.e. average folks)…they actually expanded their balance sheet while raising rates. Not sure if it’s a one-off thing or not but I’m guessing not.
Numbers from shadowstats. Great thread on it:
Will be interesting (and scary) to see what happens…the Fed is currently trying to prop up Wall Street while they beat down consumer demand (I.e. average folks)…they actually expanded their balance sheet while raising rates. Not sure if it’s a one-off thing or not but I’m guessing not.
Comments
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Joey says inflation is being caused by shipping companies raising prices 1000% so they can rake in huge profits. He wants to “pop’em.”
#everyonebutme -
The cost of bratwurst has gone way up. Was gonna grab some the other day and the pack was like 7 bucks. wtf. I used to see the 3.99 sales all the time
8 percent my ass -
Food and fuel aren't factored in. They're "volatile."
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Obama actually had a chance to change the banking industry in 2009 and it would have been very popular. He picked Obamacare instead.
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Crispened.Bob_C said:Obama actually had a chance to change the banking industry in 2009 and it would have been very popular. He picked Obamacare instead and took the speaking fees from big banks post-presidency.
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Jimmy's an 8 compared to dipshit who's in the negative range.
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It was the bacon that got my attention dammit
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Up about 20% at Costco.JoeEDangerously said:It was the bacon that got my attention dammit
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How Yellen has a job, and how anyone takes her seriously is beyond me. She was one of the biggest cancers at the Fed that turned it from an inept institution into true #BananaRepublic God-awful one…
