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Fed leaves rates steady, projects higher inflation

Jessie C said:
I think the hatred between the trumpdump and Powell is mutual...felon donnie is already talking about taking over the Fed. God help us all if that ever happens..:rolleyes:

Literally everything trump touches relating to our government and the American people turns to shit. EVERYTHING! The only things that haven't turned to shit (yet) are the reason he ran for President...his never ending need to enrich himself and his worthless family at the expense of the American people... That's OK, he's the bankruptcy guru, wait for more of them as the entire world turns on him, all of his golf courses and gaudy hotels...

Most American's don't give a rats ass about his personal grifter wealth...but we all should...he's robbing this country blind.
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Alot of his businesses too. He bought the Plaza Hotel in Manhattan, a going concern, an icon, and ran it into bankruptcy in less than 2 yrs. He bought it as a trophy...and tanked it.
 
Chomsky said:
But it was understood the Biden inflation was post-pandemic induced.
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His response to the pandemic induced it. He refused to even allow discussion of the matter.

Chomsky said:
This stuff now, is unnecessarily self-inflicted.
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No, it's meant to increase employment opportunities.
You don't care for that, and would instead like to see Americans all reduced to living off govt cheques.
That's very dangerous, because then it makes all Americans into dependents or wards of the state.
It would destroy standard of living in the country.
 
sanman said:
His response to the pandemic induced it. He refused to even allow discussion of the matter.


No, it's meant to increase employment opportunities.
You don't care for that, and would instead like to see Americans all reduced to living off govt cheques.
That's very dangerous, because then it makes all Americans into dependents or wards of the state.
It would destroy standard of living in the country.
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You've spent so much time cheering on russia's destruction of Ukraine that you don't seem to have any extra time to understand economics.

Sad.
 
Chomsky said:
My vibes are very much the same. A lot of recessionary signs are about.

And as you earlier wrote, adding another $4T onto the massive $36T of debt is adding weight serious weight.

God forbid if inflation does take-off, and the cost of debt service shoots up.
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Having a national debt isn't a problem - when we're serious about keeping up with servicing the debt and honoring our pledges to bondholders. The problem is, it's getting harder and harder for our creditors to take us seriously. We don't have an inherent fiscal problem - we are perfectly capable of fixing this problem.

Unfortunately, we have a completely broken political system, with two parties that won't give any ground, but at least one of those parties is refusing to give ground on moral grounds (i.e., protecting the most vulnerable in society). The other is committed to protecting the interests of the most powerful, and they are refusing to give ground by refusing to consider raising taxes, and worse, slashing services and program that could easily be funded but they chose not to.

At this rate, in probably as little as 5 years (if that), we're going to be faced with choices: killing programs we've assumed will always be there for us or raising taxes in such a way that they will be a serious economic headwind on consumer spending. Think of the implications for all those 401Ks waiting to be withdrawn for example.
 
Revelation said:
yes, the 2 party system makes it tooo easy to play the Dialectic, i.e. left vs right et al.

i think christians need their own Viable party, for us to control more of this country. my personal choice would be for a Christian Theocracy party or a holiness party to be distinct from the corrupt Blue and Red parties in dee cee.

whatcha think? should i start a thread on my new christian party and start a Movement right here on DP ?

it might work.
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By all means, have had it
 
multivita-man said:
Having a national debt isn't a problem - when we're serious about keeping up with servicing the debt and honoring our pledges to bondholders. The problem is, it's getting harder and harder for our creditors to take us seriously. We don't have an inherent fiscal problem - we are perfectly capable of fixing this problem.

Unfortunately, we have a completely broken political system, with two parties that won't give any ground, but at least one of those parties is refusing to give ground on moral grounds (i.e., protecting the most vulnerable in society). The other is committed to protecting the interests of the most powerful, and they are refusing to give ground by refusing to consider raising taxes, and worse, slashing services and program that could easily be funded but they chose not to.

At this rate, in probably as little as 5 years (if that), we're going to be faced with choices: killing programs we've assumed will always be there for us or raising taxes in such a way that they will be a serious economic headwind on consumer spending. Think of the implications for all those 401Ks waiting to be withdrawn for example.
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Well, I think we can start pulling out of this mess by doing what so many EU/ NATO members of done: stop instigating or supporting wars. Of course they could do that because they had us as the warrior nation, but we can't afford it either fiscally or socially, so enough. We're not the west's on call hatchet nation, and that includes Israel. We don't even get a retainer for all the bloody boondoggles we pursue.

The next step is to break up the two party system the way we break up monopolies: force them into subsets so people are better represented because they have an idea of who and what they're voting for. That will also diminish the number of career politicians, because they won't have enough general cover to conceal wrong doing in tge way of making personal fortunes
 
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Logophile said:
Well, I think we can start pulling out of this mess by doing what so many EU/ NATO members of done: stop instigating or supporting wars.
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That's a nice thought, but that's not going to happen. We instigate wars because we have geopolitical interests and our leaders view war as a way to achieve what diplomacy and economic sanctions cannot. A big part of the problem is that our diplomacy fails because we're not good at statecraft and haven't been for at least the last 25 years, and we can probably go back even farther than that.
 
Revelation said:
i think christians need their own Viable party, for us to control more of this country. my personal choice would be for a Christian Theocracy party or a holiness party to be distinct from the corrupt Blue and Red parties in dee cee.
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Our Founders would love that.
 
Revelation said:
yes, the 2 party system makes it tooo easy to play the Dialectic, i.e. left vs right et al.

i think christians need their own Viable party, for us to control more of this country. my personal choice would be for a Christian Theocracy party or a holiness party to be distinct from the corrupt Blue and Red parties in dee cee.
Click to expand...

Revelation said:
whatcha think? should i start a thread on my new christian party and start a Movement right here on DP ?

it might work.
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just got up and thought about this, and why this would not work. see below

Logophile said:
By all means, have had it
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Logo, i could start a christian political party and right here on DP

however it would certainly be doomed to certain failure. (in about a week maybe?)

1. , i am not a Billionaire, and that would be at least a basic.

2. DP would have to be Bought up by my new christian party....and DP is not for sale.

3. if i did buy DP for my new party, you all would leave; certain failure.

4. it would be best to just talk about this in Beliefs, and then tell you how this Prophetically will happen, (but not by me).

5. and it will happen, sure as the sun rises. (america is about at the end of it's rope, hello Dark Maga Technocracy)

6. thanks for the Encouragement anyway. lots of great ideas, but sheep in general have no way to move them into reality. (reality checks are usually mandatory my friends)

7. which brings me to believe, that my first premise was right all along: the sheep have Always been ruled by the Oligarchy. it is pure nonsense that we the people are the government LOL. actually the opposite is True: we the people are NOT the government.

the government are the Puppet Master billionaires behind the scenes who place their Puppets like the Orange guy in power. and yes they know how to manufacture and control your 'secure' voting machines.

eh, secure Voting machines for who? well of course we know who controls the machines right, start there.


blessings all.

.
 
BabaVoss said:
As predicted.
Tariffs are taxes on Americans.
They will drive up prices.
Inflation will follow.
Trump is an economic idiot.
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Yesterday Trump was bragging loudly and repeatedly about how much money the Treasury has made on tariffs, basically touting the tariffs as an amazing source of income. Not one word about the supposed goal of tariffs which is jobs and balanced trade. It struck me as so odd, the President bragging, and bragging loudly, about taxing American businesses and consumers to the tune of billions and billions of dollars. A republican bragging about taxing businesses and Trumpers applauding it at the same time as they seek a tax cuts for businesses.....we aren't in Kansas any more, Toto!
 
Taylor said:
Suddenly, and without warning, leftists became immensely concerned with even the possibility of the slightest price increase...
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Suddenly, and without warning, righties became completely unconcerned with the real possibility of price increases…
 
multivita-man said:
That's a nice thought, but that's not going to happen. We instigate wars because we have geopolitical interests and our leaders view war as a way to achieve what diplomacy and economic sanctions cannot. A big part of the problem is that our diplomacy fails because we're not good at statecraft and haven't been for at least the last 25 years, and we can probably go back even farther than that.
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Our geopolitical interests are not reflective of average American interest which in itself is a problem, but more to the point, our leaders "view" of war as a tool - to better serve THEIR interests, not ours - is both savage and obsolete. We're losing the proxy war in Ukraine, lost Afghanistan, and essentially lost Iraq, albeit it did almost achieve the coveted "failed state" status so desired by certain ME players. With regard to our own government, we can solve this problem, but it will take will and a collective recognition that we must have a multi-party system and disperse the huge two party funding we have now to faceted, more direct subparties to achieve that end. In the mean time, we must as a people, insist that our money and borrowed money in the amount of trillions, is not spent on murderous enterprises, and we're getting there:

Are Americans worried about Russia using nuclear weapons? What a new poll found​


A majority of voters, 57%, said they disapprove of the way Trump has handled the war thus far, while 34% said they approve. Ten percent said they weren't sure.

These figures have largely held steady over time. In a March Quinnipiac poll, 55% said they disapproved of the president's stance on the conflict, and 38% said they approved.

Opinions on the issue tracked closely with partisan affiliation. Most Republicans, 70%, said they favor the president's approach, while 94% of Democrats and 57% of independents oppose it.

Trump's 34% approval rating on the Ukraine war also stands out as the lowest rating among seven issues respondents were asked about, including the Israel-Hamas war, the economy and immigration.

The fact that Americans fear the use of nuclear by Russia is huge because for the first time in a long time, fear of war's outcome is playing into the consciousness of American voters
 
ncguy said:
Much? How much?
Given how much inflation occured world wide post covid, and since Biden wasn't world emperor, do you have anything specific?
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It's total crap that Biden was responsible for inflation. The US actually fared better than any other country during the post Covid economic recovery. However, it's stuck in their brains and nothing will dislodge it. ...the very definition of brainwashed. Trump, on the other hand, is deliberately creating inflation trough his new national sales tax! A unilaterally imposed national sales tax without Congressional approval and not a peep from them......they don't think.
 
Callen said:
It's total crap that Biden was responsible for inflation. The US actually fared better than any other country during the post Covid economic recovery. However, it's stuck in their brains and nothing will dislodge it. ...the very definition of brainwashed. Trump, on the other hand, is deliberately creating inflation trough his new national sales tax! A unilaterally imposed national sales tax without Congressional approval and not a peep from them......they don't think.
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Yes, US GDP grew during the pandemic.

www.conference-board.org

US GDP shows largest quarterly growth rate on record, but recovery is far from complete

<p>Real GDP and Growth Drivers</p>
www.conference-board.org www.conference-board.org
 
dmpi said:
No real surprise here. Fed was in a pickle, they couldn't lower rates because that would acknowledge that Trump was right. So they punted and said pretty much what they said the meeting before.
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That is absurd. You are arguing that the Fed will maintain interest rates at current levels, and thus restrict economic growth, because they don't want to admit Trump is right? That is like earth is flat level conspiracy theory there.

There is hardly a shareholder or business meeting in America where the uncertainty of tariffs, global instability, and risks to shipping are not being discussed.
 
CaughtInThe said:
Weaker growth. Higher inflation.

Just like Trump promised during the campaign.



"The Federal Reserve left interest rates unchanged for the fourth straight meeting, as its leaders projected weaker growth and higher inflation this year than they envisioned three months ago — but they continue to expect two rate cuts later this year."



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Trump's supporters were fooled by his first term when the economy grew at little less than 3% on average (pre-pandemic), job growth was pretty good and there was median income growth. That wasn't due to Trump, it was due to the fact that during normal times, it is pretty difficult to screw up the U.S. economy. Moreover, Trump had people in his first administration that curbed his worst impulses. Companies operate with more information than they ever have before. They all want to make money, and they generally figure out how to do it regardless of who is in office.

Today is a very different environment than his first term. We have a lot of global instability, there are a lot of risks to shipping that have made shipping costs much more volatile, and his tariffs have made long term projections impossible. When businesses have to operate in such an environment, they get very conservative with their investments and plans. This results in slower job growth and slower economic growth.
 
ALiberalModerate said:
Trump's supporters were fooled by his first term when the economy grew at little less than 3% on average (pre-pandemic), job growth was pretty good and there was median income growth. That wasn't due to Trump, it was due to the fact that during normal times, it is pretty difficult to screw up the U.S. economy. Moreover, Trump had people in his first administration that curbed his worst impulses. Companies operate with more information than they ever have before. They all want to make money, and they generally figure out how to do it regardless of who is in office.

Today is a very different environment than his first term. We have a lot of global instability, there are a lot of risks to shipping that have made shipping costs much more volatile, and his tariffs have made long term projections impossible. When businesses have to operate in such an environment, they get very conservative with their investments and plans. This results in slower job growth and slower economic growth.
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Yup
 
Chomsky said:
Sorry, my friend.

As much as I support Christian values, I don't see how a Christian Political Party - if it were to come to power - reconciles with a Constitution that has an Anti-Establishment Clause.
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That would certainly contradict Jesus' declaration regarding his followers...

“They are no part of the world, just as I am no part of the world.” John 17:16
 
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Revelation said:
just got up and thought about this, and why this would not work. see below



Logo, i could start a christian political party and right here on DP

however it would certainly be doomed to certain failure. (in about a week maybe?)

1. , i am not a Billionaire, and that would be at least a basic.

2. DP would have to be Bought up by my new christian party....and DP is not for sale.

3. if i did buy DP for my new party, you all would leave; certain failure.

4. it would be best to just talk about this in Beliefs, and then tell you how this Prophetically will happen, (but not by me).

5. and it will happen, sure as the sun rises. (america is about at the end of it's rope, hello Dark Maga Technocracy)

6. thanks for the Encouragement anyway. lots of great ideas, but sheep in general have no way to move them into reality. (reality checks are usually mandatory my friends)

7. which brings me to believe, that my first premise was right all along: the sheep have Always been ruled by the Oligarchy. it is pure nonsense that we the people are the government LOL. actually the opposite is True: we the people are NOT the government.

the government are the Puppet Master billionaires behind the scenes who place their Puppets like the Orange guy in power. and yes they know how to manufacture and control your 'secure' voting machines.

eh, secure Voting machines for who? well of course we know who controls the machines right, start there.


blessings all.

.
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You know the ol adage: " You don't know until you try." It's applicable here. You should start a thread on it. Why not?? I think you just need to be definitive as to exactly what your party would stand for and make a go of it
 
Logophile said:
You know the ol adage: " You don't know until you try." It's applicable here. You should start a thread on it. Why not?? I think you just need to be definitive as to exactly what your party would stand for and make a go of it
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thanks Logo....

i may be Dumb, but i am not stupid.............ok, that is not always very true either.

remember the old saying: those that can't do, will teach ?

that is what i do here, this is just teaching some sheep to think a little harder.

what they do with it? well hopefully Benefits them in this life and the next.

but that is it.


and a blessed day friend.

.
 
Revelation said:
thanks Logo....

i may be Dumb, but i am not stupid.............ok, that is not always very true either.

remember the old saying: those that can't do, will teach ?

that is what i do here, this is just teaching some sheep to think a little harder.

what they do with it? well hopefully Benefits them in this life and the next.

but that is it.


and a blessed day friend.

.
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Sorry to disabuse you, but there is no "next life"-unless, of course, you can introduce us to someone who can prove there is, having been there. Oh, nearly forgot; evidence would be helpful. Thanks.
 
snakestretcher said:
Sorry to disabuse you,
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go ahead, everyone else does. and take a number, you are number 99999999999995555555555555555555555 in line today. sorry you late.

snakestretcher said:
but there is no "next life"-unless, of course, you can introduce us to someone who can prove there is, having been there. Oh, nearly forgot; evidence would be helpful. Thanks.
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well let me introduce you, my Snakestretcher friend.

the Next Life is for those who want it, that is it. i can't show you much of anything unless you wanna see.

if you don't, then let's argue about Inflation and the Orange guy who isn't going to do much about it anyway.

but if you want Eternal Life or the 'Next Life' you gotta find it yourself. and you can.

start with a book called Fasting: Opening the Door to a Deeper, More Intimate, More Powerful Relationship With God by Jentezen Franklin (Author)


if you honestly read this book (Amazon is your place) you will have more 'Next Life' and Eternal Life than you can dream about. many people have found the Next Life including my atheist father when he went a looking for it.

do you know how to find Gold ? it's easy my friend: you look for it.

cept everyone wants a 'Drive Thru' and a side of fries.

well fries are all you get.

.

​

 
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