Inflation doesn't matter anymore

BartenderElite

Verified User
"Just don't buy eggs....just don't buy avocados"....or "hey, everyone is willing to sacrifice now so we can build a better future!"

And this is after 4 years of feet-stomping and hyperventilating about "Bidenflation" - which was really global inflation that was economically inevitable after COVID.

Trump doesn't have that excuse. He's CREATING inflation. But guess what?

It doesn't matter anymore.
 
"Just don't buy eggs....just don't buy avocados"....or "hey, everyone is willing to sacrifice now so we can build a better future!"

And this is after 4 years of feet-stomping and hyperventilating about "Bidenflation" - which was really global inflation that was economically inevitable after COVID.

Trump doesn't have that excuse. He's CREATING inflation. But guess what?

It doesn't matter anymore.


Cry harder. For 4 years I heard that inflation was "transitory". I heard it was "Putin's fault".

During Joe Biden's residency, several prominent Democrats and administration officials described inflation as "transitory." This term was notably used in 2021 and early 2022 when inflation began rising significantly. For example:
  • Janet Yellen, U.S. Treasury Secretary, said in June 2021 that she expected inflationary pressures to be "transitory," tied to supply chain disruptions and the economy reopening after the pandemic. She later acknowledged in 2022 that the term underestimated the persistence of inflation.
  • Jerome Powell, Federal Reserve Chair (appointed during Trump's first term but retained under Biden), also used "transitory" in 2021 to describe inflation, suggesting it would subside as bottlenecks eased. He walked back this characterization in November 2021, admitting inflation was more persistent.
  • White House messaging: Biden administration officials, including Press Secretary Jen Psaki, echoed this narrative in 2021, framing inflation as a temporary byproduct of pandemic recovery.
The "transitory" label became a point of contention as inflation peaked at 9.1% in June 2022 (per the Consumer Price Index).


@Grok

Suck it, crybaby.
 
I forgot. "Cry" is something we hear in addition to "just don't buy (insert more expensive product here)".


Crying is what you do, crybaby.

Suck on this:

During Joe Biden's residency, Democrats, including Biden himself and administration officials, frequently pointed to Vladimir Putin's actions—specifically Russia’s invasion of Ukraine in February 2022—as a significant contributor to inflation.

This narrative emerged prominently in early 2022 as inflation surged, peaking at 9.1% in June 2022 according to the Consumer Price Index. Here’s how it unfolded:
  • Biden’s Statements: Biden often referred to rising prices, particularly gas prices, as “Putin’s price hike.” For instance, on March 11, 2022, addressing House Democrats, he said, “Make no mistake, inflation’s largely the fault of Putin,” linking it to disruptions from the Ukraine war. On April 14, 2022, in North Carolina, he claimed “70% of the increase in inflation” in the prior month stemmed from Putin’s impact on oil prices, though this was later clarified to refer to March’s monthly spike rather than the full year’s trend.
  • White House Messaging: Officials like Press Secretary Jen Psaki reinforced this in 2022 briefings, arguing that energy price spikes post-invasion—especially after Biden banned Russian oil imports in March—drove inflation. Psaki noted on April 11, 2022, that March’s inflation was “extraordinarily elevated due to Putin’s price hike.”
  • Broader Democrat Stance: Democrats in Congress and party strategists leaned into this framing ahead of the 2022 midterms, aiming to deflect blame from domestic policy. Biden and others, like Treasury Secretary Janet Yellen, acknowledged supply chain issues and pandemic recovery but emphasized Putin’s war as a key aggravator, especially for food and fuel costs, given Ukraine and Russia’s roles in global wheat and energy markets.
However, this wasn’t the full story Democrats told earlier. In 2021, as inflation began climbing (e.g., 5.4% in June), they—including Yellen and Federal Reserve Chair Jerome Powell—called it “transitory,” attributing it to temporary pandemic-related disruptions rather than policy. Only after Russia’s invasion did the “Putin” narrative take center stage, though inflation had already hit 7.9% by February 2022, pre-invasion.


@Grok


Now, cry for me, crybaby. Cry!
 
"Just don't buy eggs....just don't buy avocados"....or "hey, everyone is willing to sacrifice now so we can build a better future!"

And this is after 4 years of feet-stomping and hyperventilating about "Bidenflation" - which was really global inflation that was economically inevitable after COVID.

Trump doesn't have that excuse. He's CREATING inflation. But guess what?

It doesn't matter anymore.

trumpdidit.jpg
 
The "transitory" label became a point of contention as inflation peaked at 9.1% in June 2022 (per the Consumer Price Index).
And when it fell back down to 2.4%, it did seem to be transitory. The last percent, from 3% to 2% always seems to be the hardest.

As trump raises inflation again, we have to wonder why we wasted the time dropping.
 
And when it fell back down to 2.4%, it did seem to be transitory. The last percent, from 3% to 2% always seems to be the hardest.

As trump raises inflation again, we have to wonder why we wasted the time dropping.
Where is the evidence that Barr destroyed evidence, Rarely Right Walter?
 
Where is the evidence that Barr destroyed evidence, Rarely Right Walter?
The whole point of an appearance of a conflict of interest is it does not have to be proven beyond a reasonable doubt. It does not even need to be real. It just has to be an appearance.

Barr definitely had a conflict of interest, so why was he allowed access to the evidence?
 
The whole point of an appearance of a conflict of interest is it does not have to be proven beyond a reasonable doubt. It does not even need to be real. It just has to be an appearance.

Barr definitely had a conflict of interest, so why was he allowed access to the evidence?
So, you lied when you said that Barr destroyed evidence, Rarely Right Walter.

You posted that Barr destroyed evidence.

This is why you have no credibility, Rarely Right Walter.
 
And when it fell back down to 2.4%, it did seem to be transitory.

To address whether Biden-era inflation seemed transitory when it "fell back down to 2.4%," as claimed by Salty Walty on JustPlainPolitics.com today (March 7, 2025), let’s break this down with available data and context up to the current date.

First, the term "transitory" in the context of Biden-era inflation refers to the initial narrative from the administration and Federal Reserve in 2021, suggesting that rising prices were temporary, driven by pandemic-related disruptions like supply chain issues, and would subside without leaving a lasting impact. This view was heavily debated as inflation climbed to 9.1% in June 2022—the highest in four decades—before gradually declining.

As of today, March 7, 2025, I can’t confirm the exact inflation rate cited (2.4%) matches official data. However, I can analyze the trajectory of inflation during Biden’s presidency using known trends. The Consumer Price Index (CPI) data shows inflation peaked at 9.1% in June 2022, then steadily declined due to factors like Federal Reserve rate hikes, easing supply chain pressures, and stabilizing energy prices after Russia’s invasion of Ukraine.

By mid-2023, inflation had fallen to around 3%, and more recent estimates suggest it has hovered near or slightly above the Fed’s 2% target into late 2024 and early 2025. For instance, reports from early 2024 indicated inflation at 3.2% in February, with forecasts predicting it could approach 2–2.5% by early 2025 if trends continued.

Assuming Salty Walty’s claim of 2.4% reflects a recent CPI figure (say, from February 2025 data released in March), it’s plausible, given the downward trend. But does this mean inflation was "transitory"? Not exactly in the way the term was first used.

"Transitory" implied a short-lived spike—weeks or months—yet inflation remained elevated for over a year, hitting 13 straight months of high costs after being labeled as such in mid-2021. Treasury Secretary Janet Yellen later regretted the term, noting in 2024 that "transitory" suggested a brief period, not the prolonged challenge it became. Fed Chair Jerome Powell also retired the word in late 2021, acknowledging inflation’s persistence.

Cumulative price increases of over 20% occurred since Biden took office in January 2021—and his policies like the $1.9 trillion American Rescue Plan, were blamed by some economists (e.g., Larry Summers) for overheating the economy.

So, did it "seem transitory" when it "fell to 2.4%"?

By March 2025, with inflation near the Fed’s target, it might look transitory in hindsight—temporary in its peak intensity, not its duration. But during 2021–2022, when the label was applied, it didn’t feel that way to most Americans facing sustained high prices.

Salty Walty’s claim could be a selective snapshot, overlooking the messy reality of that multi-year journey.

I’d say it’s a half-truth: inflation wasn’t transitory in the short-term sense Biden’s team hoped, but its return to a low level could let them argue the worst was temporary—though that’s more spin than substance for those who lived through it.


@Grok
 
Cry harder. For 4 years I heard that inflation was "transitory". I heard it was "Putin's fault".

During Joe Biden's residency, several prominent Democrats and administration officials described inflation as "transitory." This term was notably used in 2021 and early 2022 when inflation began rising significantly. For example:
  • Janet Yellen, U.S. Treasury Secretary, said in June 2021 that she expected inflationary pressures to be "transitory," tied to supply chain disruptions and the economy reopening after the pandemic. She later acknowledged in 2022 that the term underestimated the persistence of inflation.
  • Jerome Powell, Federal Reserve Chair (appointed during Trump's first term but retained under Biden), also used "transitory" in 2021 to describe inflation, suggesting it would subside as bottlenecks eased. He walked back this characterization in November 2021, admitting inflation was more persistent.
  • White House messaging: Biden administration officials, including Press Secretary Jen Psaki, echoed this narrative in 2021, framing inflation as a temporary byproduct of pandemic recovery.
The "transitory" label became a point of contention as inflation peaked at 9.1% in June 2022 (per the Consumer Price Index).


@Grok

Suck it, crybaby.
1741369788034.png
 
We are going to get a lot of claims from the alt right that the upcoming inflation is not real... And yet we will all see the rising prices.
 
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