It's 100% Biden's Inflation

McRocket said:
The source is extremely biased and a well known, liberal think tank.

The organization was headed by Neera Tanden for ten years until 2021...when she left to become a senior advisor for Biden.

After Trump's election in 2016:
'After the 2016 election and Clinton's loss, Tanden refocused the work of the Center for American Progress, aiming to have the think tank, and especially its advocacy arm (the Center for American Progress Action Fund), serve as a "central hub for Trump resistance"[36] as well as playing a leading role in shaping the healthcare debate within the Democratic Party'
https://en.wikipedia.org/wiki/Neera_Tanden#Center_for_American_Progress

'Looking to build itself into a nerve center for the anti-Donald Trump resistance, the liberal Center for American Progress think tank...'
https://www.politico.com/story/2016/12/center-american-progress-tanden-trump-232667

Trump is a manchild and was a lousy POTUS (just as Biden is a lousy POTUS - but in somewhat, different ways).

But posting this 'paper' and pretending it is anything but pro-left propaganda is rather laughable.

Good day.
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Now, all you have to do is FACTUALLY and LOGICALLY fault the CONTENT, then your insinuation that the analysis is biased will have some traction.

Yes, either party can shovel the crap, lie or screw up. But that doesn't mean you throw facts out the window and dismiss accountability because "the other guy did it to". That excuse would usually get a rim shot from a nun in the catholic grade school.
 
Taichiliberal said:
Now, all you have to do is FACTUALLY and LOGICALLY fault the CONTENT, then your insinuation that the analysis is biased will have some traction.

Yes, either party can shovel the crap, lie or screw up. But that doesn't mean you throw facts out the window and dismiss accountability because "the other guy did it to". That excuse would usually get a rim shot from a nun in the catholic grade school.
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No idea what you are going on about.

All I typed was this paper is from an INCREDIBLY biased, left-leaning think tank.
Which it is.

And I think people should know that who are going to read it.

I made zero comments about the content.
 
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McRocket said:
The source is extremely biased and a well known, liberal think tank.

The organization was headed by Neera Tanden for ten years until 2021...when she left to become a senior advisor for Biden.

After Trump's election in 2016:
'After the 2016 election and Clinton's loss, Tanden refocused the work of the Center for American Progress, aiming to have the think tank, and especially its advocacy arm (the Center for American Progress Action Fund), serve as a "central hub for Trump resistance"[36] as well as playing a leading role in shaping the healthcare debate within the Democratic Party'
https://en.wikipedia.org/wiki/Neera_Tanden#Center_for_American_Progress

'Looking to build itself into a nerve center for the anti-Donald Trump resistance, the liberal Center for American Progress think tank...'
https://www.politico.com/story/2016/12/center-american-progress-tanden-trump-232667

Trump is a manchild and was a lousy POTUS (just as Biden is a lousy POTUS - but in somewhat, different ways).

But posting this 'paper' and pretending it is anything but pro-left propaganda is rather laughable.

Good day.
Click to expand...

I prefer this source compared to your favorite Faux News propaganda sources of bs, and also so-called liberals who tend to be more educated than repuke cult followers who tend to base their findings on facts aside from trolling fiction. Therefore, consider more and relevant and legitimate economic perspectives:

There were also signs that inflation broadened beyond a narrow range of goods impacted by the pandemic. More than 70% of the categories in CPI were up year-over-year versus only 7% showing a decrease, and more than half were up month-over-month. The Cleveland Fed trimmed mean CPI indicates that after stripping out the items with extremely large price changes, prices still rose 0.5% over the month.


But while inflation has been broader and lasting longer than previously expected, this is still a long way from being persistent inflation.


1. The average month-on-month inflation data still shows a declining trend. The average month-on-month rate of inflation in the second quarter rounded to 0.8% for both the headline and core measures. This slowed in the third quarter to a headline rate of 0.4%and 0.2% for the core. This continues to support the idea that inflation peaked in the second quarter and should continue to normalize as the global economy adjusts to reopening.


2. Goods and services impacted by surging demand due to the pandemic have started to normalize, with price increases slowing or reversing. Prices of used vehicles fell 0.7% over the month, following a 1.5% decline for August—though year-on-year prices were still up 24.4%. Apparel costs declined 1.1%, ending five months of consecutive increases. Our takeaway is that in areas where extraordinary surges in demand are fading, so is the spike in prices.


3. Policymakers show no signs of overreacting. The minutes of the Fed’s meeting of 21-22 September—admittedly before the release of the latest CPI data—continued to underline the central bank’s view that the economy will adjust to short-term supply constraints. Staff at the Fed “continued to expect that this year’s rise in inflation would prove to be transitory.” Over 2022, “the boost to consumer prices caused by supply issues was expected to partly reverse and import prices were expected to decelerate sharply,” the minutes read. The minutes also indicated that while the Fed’s plans to start slowing bond purchases next month were on track, this was not meant to signal anything about the possible timing of rate hikes—which remain some way off.


So, we do not expect a persistent rise in inflation that would force the Federal Reserve to tighten policy significantly more aggressively than currently planned. We advise investors to seek winners from global growth. With Fed policy remaining accommodative, we believe investors should seek unconventional sources of yield, including from private credit."
https://www.ubs.com/global/en/wealth-management/our-approach/marketnews/article.1547367.html
 
Inflation is a worldwide problem. Biden is a worse president than I thought. He made it jump everywhere and especially in Pakistan.
 
McRocket said:
Quote Originally Posted by Taichiliberal View Post
Now, all you have to do is FACTUALLY and LOGICALLY fault the CONTENT, then your insinuation that the analysis is biased will have some traction.

Yes, either party can shovel the crap, lie or screw up. But that doesn't mean you throw facts out the window and dismiss accountability because "the other guy did it to". That excuse would usually get a rim shot from a nun in the catholic grade school.
Click to expand...



No idea what you are going on about.

All I typed was this paper is from an INCREDIBLY biased, left-leaning think tank.
Which it is.

And I think people should know that who are going to read it.

I made zero comments about the content.
Click to expand...


Yeah, I got that....but the question to you is....is the content incorrect? See, it's like this: people dismiss reading or listening to what others say because they recognize the "one-sided" views of the speaker/writer.

But

IF by some trick of chance or law of probability that the biased source actually is correct about something, then the logical, objective person should check out the content...that way it can always be confirmed when bias is being printed or broadcasted or not. That's how people were able to believe the Wall St. Journal when it reported on the Bush administration's shaky actions on 9-11. And that's why the term "willfully ignorant" can be easily applied to the MAGA folk, because they just reject based on source title, NOT content. Okay?
 
McRocket said:
Really?

Okay, come on - you are SOOOO certain you know...what are my favorite 'Faux News propaganda sources'?

NAME JUST ONE?
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Yes really, and you want to know why? Well here are the reasons why.

Fox News Is Now a Threat to National Security
The network’s furthering of lies from foreign adversaries and flagrant disregard for the truth have gotten downright dangerous.

MONDAY’S SPLIT-SCREEN DRAMA, as the House Judiciary Committee weighed impeachment charges against ..Trump and as the Justice Department’s inspector general released a 476-page report on the FBI’s handling of its 2016 investigation into Trump’s campaign, made one truth of the modern world inescapable: The lies and obfuscations forwarded ad infinitum on Fox News pose a dangerous threat to the national security of the United States."

https://www.wired.com/story/fox-news-is-now-a-threat-to-national-security/
 
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Nordberg said:
Inflation is a worldwide problem. Biden is a worse president than I thought. He made it jump everywhere and especially in Pakistan.
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You speak like an idiot and a fool for this particular reason why, and to which your twice impeached and fake so-called president tRump god of the sewer created an environment that was on the verge of creating a second great global depression:

Biden sets first-year record with 6.6 million jobs added

New York (CNN Business)Employers added a record 6.6 million jobs during Joe Biden's first 12 months in office, by far the strongest record of any president's first year in office.

The unexpected strength of the January jobs report — along with some revisions in readings for November and December — pushed Biden over the 6 million mark. But he could have claimed that distinction even without them. The previous record holder was Jimmy Carter, who saw a gain of 3.9 million jobs in his first 12 months in office.
By comparison, Donald Trump's first 12 months in office notched a gain of 2 million jobs.
The jobs numbers from the Labor Department go back to 1939, when Franklin Roosevelt was in his seventh year in office. No president other than Carter has enjoyed even half as many jobs being added during their first year as Biden's record: No. 3 Bill Clinton posted an addition of 2.8 million jobs."

https://www.cnn.com/2022/02/04/business/joe-biden-jobs-record/index.html
 
gemini104104 said:
Yes really, and you want to know why? Well here are the reasons why.

Fox News Is Now a Threat to National Security
The network’s furthering of lies from foreign adversaries and flagrant disregard for the truth have gotten downright dangerous.

MONDAY’S SPLIT-SCREEN DRAMA, as the House Judiciary Committee weighed impeachment charges against ..Trump and as the Justice Department’s inspector general released a 476-page report on the FBI’s handling of its 2016 investigation into Trump’s campaign, made one truth of the modern world inescapable: The lies and obfuscations forwarded ad infinitum on Fox News pose a dangerous threat to the national security of the United States."

https://www.wired.com/story/fox-news-is-now-a-threat-to-national-security/
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100% WRONG.

I NEVER, EVER watch Fox news or ANY MSM source for my news.

So...you have just proven that you do not have a fucking clue what my news sources are.

Fucking useless, far left troll.

Bye now.
 
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McRocket said:
100% wrong.
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No, I'm 100% right in what I said...we haven't had QE for 6 years before COVID.

You just didn't read it correctly because you are a highly emotional person who, BY YOUR OWN ADMISSION, doesn't bother to read posts fully.
 
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LV426 said:
No, I'm 100% right in what I said...we haven't had QE for 6 years before COVID.

You just didn't read it correctly because you are a highly emotional person who, BY YOUR OWN ADMISSION, doesn't bother to read posts fully.
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100% WRONG!!!

You typed 'We haven't had QE for 8 years.'

https://www.justplainpolitics.com/s...s-100-Biden-s-Inflation&p=5029789#post5029789

Did you say 'we haven't had QE for 8 years'?
Yes or no?


Stop being a baby trying to spin out of your INCREDIBLY, obvious mistake.

Just grow the fuck up be a man/woman/whatever the fuck you are and admit it.

:rolleyes:
 
gemini104104 said:
You speak like an idiot and a fool for this particular reason why, and to which your twice impeached and fake so-called president tRump god of the sewer created an environment that was on the verge of creating a second great global depression:

Biden sets first-year record with 6.6 million jobs added

New York (CNN Business)Employers added a record 6.6 million jobs during Joe Biden's first 12 months in office, by far the strongest record of any president's first year in office.

The unexpected strength of the January jobs report — along with some revisions in readings for November and December — pushed Biden over the 6 million mark. But he could have claimed that distinction even without them. The previous record holder was Jimmy Carter, who saw a gain of 3.9 million jobs in his first 12 months in office.
By comparison, Donald Trump's first 12 months in office notched a gain of 2 million jobs.
The jobs numbers from the Labor Department go back to 1939, when Franklin Roosevelt was in his seventh year in office. No president other than Carter has enjoyed even half as many jobs being added during their first year as Biden's record: No. 3 Bill Clinton posted an addition of 2.8 million jobs."

https://www.cnn.com/2022/02/04/business/joe-biden-jobs-record/index.html
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I guess I need a sarcasm S for you.
 
McRocket said:
100% WRONG!!!
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NO, 100% right.

We haven't had QE for 8 years.

And if QE even had anything to do with inflation, then we would have seen those inflationary pressures occur between 2008-2014, but we didn't.

You didn't read the rest of what I wrote because you literally said yourself that you don't fully read things.

You rush through responses and don't bother to read what you're responding to carefully.

That's because you're reckless and emotional.

You got all worked up because you thought you had a gotcha, but you didn't because you're a functional illiterate.

YOU SAID YOURSELF YOU ONLY READ 10% OF WHAT IS WRITTEN HERE.
 
McRocket said:
Just grow the fuck up be a man/woman/whatever the fuck you are and admit it.
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Admit what?

What do you think you have here?

You're clinging to this because you have absolutely no fucking credible argument to make about QE somehow being responsible for inflation now, even though it didn't lead to inflation the last time we did it.

So if you think QE causes inflation, then how come there wasn't inflation like this from 2008-2014?

I know you won't answer that question because you don't know anything about this subject and can't speak to anything about it.

You just sit like a little bitch and try to find an error of any kind so you can tell yourself that you're not as fucking stupid and worthless as I say you are
 
McRocket said:
Lady - give it up.
You are making a FOOL of yourself on this...seriously.
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AH! I see what's going on...my bad. I was miscounting between 2014 and 2020 and 2022.

So we hadn't had QE for 6 years, not 8.

OK, you found my error.

So...now that we've established that QE started in 2020, 6 years after the last round, I'd like for YOU to explain how it affects inflation when it didn't affect inflation between 2008-2014.

If you are going to accuse QE of causing inflation, then you need to also explain why it didn't cause inflation between 2008-2014.
 
LV426 said:
AH! I see what's going on...my bad. I was miscounting between 2014 and 2020 and 2022.

So we hadn't had QE for 6 years, not 8.

OK, you found my error.

So...now that we've established that QE started in 2020, 6 years after the last round, I'd like for YOU to explain how it affects inflation when it didn't affect inflation between 2008-2014.

If you are going to accuse QE of causing inflation, then you need to also explain why it didn't cause inflation between 2008-2014.
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I don't NEED to do anything.
And I have explained it MANY times on here.
And your mind is clearly 100% closed on the issue.
I would be wasting my time.

Plus, I do not like you.
I don't hate you (I hate no one - unlike you).
You seem a hate-filled, awful human being you seems to take great pleasure in trying to make EVERYONE else as miserable as you are.
And you play all these childish, little games to do that...like quoting someone about 5 times for every post they make in some juvenile way to try and - I assume - overwhelm them and thus humiliate them...like the awful person you seem to be.

I do not have REMOTELY enough like or respect for you to waste my time - yet again - explaining why inflation did not rear it's ugly head before now.

But, just so you don't accuse me of dodging the question?

Here is my explanation:

https://www.amazon.com/U-S-HEGEMONY...11&s=books&sprefix=mcrocket+8,aps,108&sr=1-10

It's dirt cheap and it is in there.
However, if even that is more than you wish to spend - I will be happy to PM it to you for free.

I assume you want nothing to do with anything I have ever written and self-published.
But...there is your answer.


Now that I have shown that your point was 100% wrong.
My 'mission' here is accomplished.

We are done here...for now.

Good day.
 
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