I just got out of the military. Interest rates due to Carter’s inept Presidency.
Fast fwd to Biden’s wrecking ball approach to destroying what’s left of America.
Our southern Border has been canceled.
People call riots insurrection and
people are going to Dollywood instead of Disney weird world.
CPI print expected to be off the charts.
And Biden will lie and blame Covid instead of admitting he listens to the whacked out fringe of the Democrat Party.
———
While consensus expects an 8.4% print tomorrow - the highest since January 1982 when the Fed Funds rate was 12% (compared to just 0.50% now)...
... Deutsche Bank economists expect that the CPI increase will be even higher than that - with a monthly gain in headline CPI of +1.3% (vs consensus 1.2%) pushing the year-on-year rate up to +8.6% (vs consensus of 8.4%) - which hasn’t been seen since 1981. Some more details from the bank's preview:
While we did see some preliminary impacts in the February data from the Russian invasion of Ukraine, the bulk of the direct inflationary impact should be felt in the March data, with gas prices rising almost 20% from February. Should our forecasts hit the mark, this would push year-over-year rates for March headline and core CPI to 8.6% and 6.6%, respectively.
Market Braces For Scorching CPI As White House Warns Of "Extraordinarily Elevated" Inflation Numbers | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
Like I said. It might as well been called a turtle. Or maybe a screwdriver. The left has a name or acronym for every state of affairs1/6 was an insurrection.
That got squashed with one shot because the brave insurrectionists wet themselves.
Like I said. It might as well been called a turtle. Or maybe a screwdriver. The left has a name or acronym for every state of affairs
Hey look VySky is back with his anti American bullshit. Missed ya buddy!Like I said. It might as well been called a turtle. Or maybe a screwdriver. The left has a name or acronym for every state of affairs
I just got out of the military. Interest rates due to Carter’s inept Presidency.
Fast fwd to Biden’s wrecking ball approach to destroying what’s left of America.
Our southern Border has been canceled.
People call riots insurrection and
people are going to Dollywood instead of Disney weird world.
CPI print expected to be off the charts.
And Biden will lie and blame Covid instead of admitting he listens to the whacked out fringe of the Democrat Party.
———
While consensus expects an 8.4% print tomorrow - the highest since January 1982 when the Fed Funds rate was 12% (compared to just 0.50% now)...
... Deutsche Bank economists expect that the CPI increase will be even higher than that - with a monthly gain in headline CPI of +1.3% (vs consensus 1.2%) pushing the year-on-year rate up to +8.6% (vs consensus of 8.4%) - which hasn’t been seen since 1981. Some more details from the bank's preview:
While we did see some preliminary impacts in the February data from the Russian invasion of Ukraine, the bulk of the direct inflationary impact should be felt in the March data, with gas prices rising almost 20% from February. Should our forecasts hit the mark, this would push year-over-year rates for March headline and core CPI to 8.6% and 6.6%, respectively.
Market Braces For Scorching CPI As White House Warns Of "Extraordinarily Elevated" Inflation Numbers | ZeroHedge
ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zerowww.zerohedge.com
Whether the Democrats like it or not, inflation is going to be hung around their necks in November. They've had control of the entire Washington power structure since 2021, and while inflation is not the result of only actions they've taken, they've certainly taken actions that have made inflation worse (too much Keynesian spending, policies that drive up fossil fuel energy costs).
And their biggest problem is that there is no easy cure for inflation; it's why it's so important to avoid. Either the money supply gets so constrained it drives the economy into recession (again, back to 1981) or something less drastic is done and inflation continues to rise for several years eroding the standard of living for all.
Neither approach is the stuff of a successful political platform. It's quite likely voters will be very angry come November.
They have every right to be. But restraint wins the day.Trump cultists have been “very angry” since the minute their Dear Leader lost. That’s not news.
They have every right to be. But restraint wins the day.
I partly agree with you. I will not be angry in November.Whether the Democrats like it or not, inflation is going to be hung around their necks in November. They've had control of the entire Washington power structure since 2021, and while inflation is not the result of only actions they've taken, they've certainly taken actions that have made inflation worse (too much Keynesian spending, policies that drive up fossil fuel energy costs).
And their biggest problem is that there is no easy cure for inflation; it's why it's so important to avoid. Either the money supply gets so constrained it drives the economy into recession (again, back to 1981) or something less drastic is done and inflation continues to rise for several years eroding the standard of living for all.
Neither approach is the stuff of a successful political platform. It's quite likely voters will be very angry come November.
Quick, somebody try to play down the importance of the worst sustained inflation spike we’ve seen in 40 years … oh … I see. … well done, thanks.Geez another OP from nowhere offering nothing. Why bother...Oh know....PROPAGANDA!!!!
Yes, but you shouldn't be worried about those voters. You SHOULD be worried about the voting block that voted with you to get rid of him. They will likely not be voting with you again with the economy now in the toilet.Trump cultists have been “very angry” since the minute their Dear Leader lost. That’s not news.
You can be angry at anything you want. Just like a petulant child. Just like Trump. Watch your blood pressure. Get checked for ulcers. Read a book. Take a walk. Something. Your anger is unhealthy.They have every right to be. But restraint wins the day.
The economy is boomingYes, but you shouldn't be worried about those voters. You SHOULD be worried about the voting block that voted with you to get rid of him. They will likely not be voting with you again with the economy now in the toilet.
So, you were the one.Hey look VySky is back with his anti American bullshit. Missed ya buddy!
Some have lots of spare room between their ears.Some let Biden live in their heads rent free.
Yes, booming with inflation. Those rising prices sure are helping negate any headway that was made with pay increases.The economy is booming
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