Inflation falls for eighth consecutive month

**ExpressLane** · 03-17-2023, 08:29 AM

Originally Posted by PostmodernProphet

why should I have to stop pointing out your lies?......are you afraid people will notice and think less of you?.......that's not really a problem......you are already at rock bottom except among those who lie with you......

Indeed

**Walt** · 03-17-2023, 04:06 PM

Originally Posted by PostmodernProphet

I remember Reagan......he's the guy who inherited Carter's inflation and stopped it.......nice try but your ignorance is transparent....

The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.

You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.

**Walt** · 03-17-2023, 04:08 PM

Originally Posted by PostmodernProphet

Trump didn't have to.......he didn't cause any inflation during HIS presidency.....

The stimulus bills when trump was president, along with the pandemic while he was president did cause about three quarters of our inflation. In other words, trump caused more of the inflation than Biden did.

**Stringfellow Hawk** · 03-17-2023, 04:12 PM

Originally Posted by Walt

The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.

You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.

double digit interest rates and inflation was all Carter jackass, your lies are tiresome and boring

**cawacko** · 03-17-2023, 04:19 PM

Originally Posted by Walt

The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.

You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.

Why admit something that is false? The seeds for the 70's inflation were planted in the '60's and Fed Chairman Bill Martin acknowledged the Fed's failures under his watch, especially from '65 to '70.

**PostmodernProphet** · 03-17-2023, 04:35 PM

Originally Posted by Walt

The 1970's inflation was started by Nixon and his compliant Fed Chairman, Burns, ginned up the economy to get Nixon reelected. It caused high inflation that lasted for almost a decade. Carter's appointee to the Fed, Volcker, gave the economy a huge amount of pain, but stopped inflation. Many point to that economic pain as the reason Carter did not win reelection.

You admit your first post claiming that the last time inflation was this high, Carter was President was completely wrong. Now admit that the inflation started with Nixon, and ended with Carter's appointee.

as usual, you are wrong about absolutely everything you say.....

**Walt** · 03-17-2023, 04:41 PM

Originally Posted by Stringfellow Hawk

double digit interest rates and inflation was all Carter jackass, your lies are tiresome and boring

How did Carter start double digit inflation in 1974, when he was not President until 1977? How would the then Governor of Georgia cause double digit inflation?

https://www.usinflationcalculator.co...flation-rates/

String seriously adds nothing to the debate. He makes up random lies, which are debunked, but cannot add anything to a serious debate.

**PostmodernProphet** · 03-17-2023, 04:41 PM

Originally Posted by Walt

The stimulus bills when trump was president, along with the pandemic while he was president did cause about three quarters of our inflation. In other words, trump caused more of the inflation than Biden did.

lol......Biden caused all of it, silly cunt......

**Walt** · 03-17-2023, 04:45 PM

Originally Posted by cawacko

Why admit something that is false? The seeds for the 70's inflation were planted in the '60's and Fed Chairman Bill Martin acknowledged the Fed's failures under his watch, especially from '65 to '70.

So you say that the inflation was caused by actions four years previous? I wonder who was president four years previous to now?

**Walt** · 03-17-2023, 04:46 PM

Originally Posted by PostmodernProphet

as usual, you are wrong about absolutely everything you say.....

Inflation is a well known public number. It is pretty much impossible to hide.

**Walt** · 03-17-2023, 04:49 PM

Originally Posted by PostmodernProphet

lol......Biden caused all of it, silly cunt......

Claiming Biden caused things that happened when trump was president is as silly as claiming that Carter caused things that happened while Nixon was President.

**PostmodernProphet** · 03-17-2023, 05:01 PM

Originally Posted by Walt

Inflation is a well known public number. It is pretty much impossible to hide.

true.....and it was 1.4% the day Biden was inaugurated.......by the way it went UP during Carter and DOWN during Reagan......guess who's to blame for it.....

**PostmodernProphet** · 03-17-2023, 05:03 PM

Originally Posted by Walt

Claiming Biden caused things that happened when trump was president is as silly as claiming that Carter caused things that happened while Nixon was President.

Biden caused the things that caused inflation........nothing happened when Trump was president that caused inflation........even though you do it really, really badly, thanks for playing.....we always need target dummies.......

**PostmodernProphet** · 03-17-2023, 05:11 PM

Originally Posted by Walt

How did Carter start double digit inflation in 1974, when he was not President until 1977? How would the then Governor of Georgia cause double digit inflation?

https://www.usinflationcalculator.co...flation-rates/

it is so easy to prove that you are an idiot....
the inflation leading up to Carter's presidency......from your link.....

1975 11.8 11.2 10.3 10.2 9.5 9.4 9.7 8.6 7.9 7.4 7.4 6.9 9.1
1976 6.7 6.3 6.1 6.0 6.2 6.0 5.4 5.7 5.5 5.5 4.9 4.9 5.8
1977 5.2 5.9 6.4 7.0 6.7 6.9 6.8 6.6 6.6 6.4 6.7 6.7 6.5

the Carter inflation.....from your link....

1978 6.8 6.4 6.6 6.5 7.0 7.4 7.7 7.8 8.3 8.9 8.9 9.0 7.6
1979 9.3 9.9 10.1 10.5 10.9 10.9 11.3 11.8 12.2 12.1 12.6 13.3 11.3
1980 13.9 14.2 14.8 14.7 14.4 14.4 13.1 12.9 12.6 12.8 12.6 12.5 13.5

**BartenderElite** · 03-17-2023, 05:12 PM

Originally Posted by PostmodernProphet

inflation is still worse than it has been since Jimmy Carter........don't pretend it isn't still a problem......this is just like when you idiots claim the federal deficit is going down when it isn't as atrociously high as it was the previous year.......

The OP is good economic news.

Just an FYI.