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Post by illinoisfisherman on Mar 14, 2024 10:00:15 GMT -5
So if over several years prices have risen from 50% to 300% then the RATE of inflation is reduced to around 10% a year can our government continue to boast that they have inflation under control?
Prices are insane on almost everything. I don’t believe anyone should boast about “controlling inflation” when prices are remaining at these insanely high levels.
Our government is on the wrong track for sure.
My 2 cents.
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Post by tampaspicer on Mar 14, 2024 10:11:29 GMT -5
Corporations took advantage of the covid shortages and raised prices and provided less product. Give them an inch and they'll take a mile. I assure you no matter who's in charge it's going to continue to happen. They been doing it for my entire life.
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Post by nuevowavo on Mar 14, 2024 14:05:19 GMT -5
News flash - If Trump is elected, prices will remain just as high, and will increase. Just not as rapidly as the last few years - that's called the rate of inflation, which has come down, and will continue to do so, no matter who is President. But inflation has always and will always be with us.
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Post by tampaspicer on Mar 14, 2024 14:12:52 GMT -5
News flash - If Trump is elected, prices will remain just as high, and will increase. Just not as rapidly as the last few years - that's called the rate of inflation, which has come down, and will continue to do so, no matter who is President. But inflation has always and will always be with us. BINGO This is a fact
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Post by conchydong on Mar 14, 2024 14:15:51 GMT -5
I know every year I seem to get inflated more and more.🙄
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Post by meateater on Mar 14, 2024 15:13:34 GMT -5
here i thought outa control spending on proxy wars and other wasteful programs contributed to inflation, thanks for explaining it to me, so nobodys to blame.
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Post by bottom feeder on Mar 14, 2024 15:46:54 GMT -5
Stupid Liberals trying to justify prices up 20% and real wages down 5%.
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Post by illinoisfisherman on Mar 14, 2024 15:49:57 GMT -5
Stupid Liberals trying to justify prices up 20% and real wages down 5%. Well I’m certain that the Lefties will try to find a way to blame Trump for the “Bidenflation”. 🤣😂😆🤣😂😆
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Post by illinoisfisherman on Mar 14, 2024 15:52:27 GMT -5
here i thought outa control spending on proxy wars and other wasteful programs contributed to inflation, thanks for explaining it to me, so nobodys to blame. Again I’m quite certain that the Lefties will try hard to find a way to blame Trump for the “Bidenflation”. 😂🤣😜😆🤡🤣😂😜🤡
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Post by Captj on Mar 14, 2024 16:42:19 GMT -5
Some of those "stupid" lefties might be smarter than you think, but go on, keep thinking everyone else is stupid and you're the smart one.
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Post by illinoisfisherman on Mar 14, 2024 17:16:10 GMT -5
Some of those "stupid" lefties might be smarter than you think, but go on, keep thinking everyone else is stupid and you're the smart one. Sir, quite the opposite. I believe the Leftists are very intelligent, just misdirected.
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Post by bswiv on Mar 14, 2024 18:30:37 GMT -5
Corporations took advantage of the covid shortages and raised prices and provided less product. Give them an inch and they'll take a mile. I assure you no matter who's in charge it's going to continue to happen. They been doing it for my entire life. Inflation is generally caused by a increase in money......at least more than one Nobel Laurette in Economics has posited such. As the government creates more dollars and then spreads them around to stimulate the economy there is a increased competition for goods and services......and employees.....all of which drives the cost of those items up. What most folks fail to realize is that unless there is a increase in goods to buy then there is competition for the goods that do get produced. And sense more good can not be produced without more employees, employees who will have to be paid more because there are not enough of them, the price has to go up. Plus.....the cost of all the inputs that go into a product or service go up for precisely the same reason....... A company can not just raise prices, so long as there is competition. It's just not sound economic thinking to believe that in a economy with competing sellers that any one seller can simply raise the price so that they make more money. The talking points just do not hold up to rational examination.
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Post by olmucky on Mar 14, 2024 18:42:50 GMT -5
So if over several years prices have risen from 50% to 300% then the RATE of inflation is reduced to around 10% a year can our government continue to boast that they have inflation under control? Prices are insane on almost everything. I don’t believe anyone should boast about “controlling inflation” when prices are remaining at these insanely high levels. Our government is on the wrong track for sure. My 2 cents. Everything is fine Buy all your food on Bogo and drive to 6 different stores to get it And don’t need any household goods, just pass on that stuff
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Post by OhMy on Mar 14, 2024 18:52:51 GMT -5
News flash - If Trump is elected, prices will remain just as high, and will increase. Just not as rapidly as the last few years - that's called the rate of inflation, which has come down, and will continue to do so, no matter who is President. But inflation has always and will always be with us. Inflation is reality. We all know that. Stop trying to come off as some financial expert. Reality also tells under this administration inflation was higher than in 40 years. Last inflation report ticked up. Inflation is not at 2%. You have blinders on if you think inflation in the last 3 years is normal. God bless your clients if you truly are in finance.
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Post by biminitwisted on Mar 14, 2024 20:12:56 GMT -5
If Biden was at fault for previously high gas prices, is he also responsible for currently low gas prices? Or eggs?
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