Inflation REDUCTION act is a success

Lionfish

Lionfish

Pocket lint
Contributor
Joe Biden Brings James Taylor to Celebrate 'Inflation Reduction Act' as Stock Market Plummets Over 1000 Points

Ham up 2.5 percent from July and 9.2 percent compared with a year ago.
Frankfurters (hot dogs) up 5.3 percent from July and 18.3 percent compared with a year ago.
Eggs up 2.9 percent from July and 39.8 percent compared with a year ago.
Bread up 2.2 percent from July and 16.2 percent compared with a year ago.
Doughnuts up 2.0 percent from July and 14.1 percent compared with a year ago.
Pickles up 4.0 percent from July and 19.4 percent compared with a year ago.
Margarine up 7.3 percent from July and 38.3 percent compared with a year ago.
Butter up 2.7 percent from July and 24.6 percent compared with a year ago.
Sugar up 1.8 percent from July and 15.9 percent compared with a year ago.
Potatoes up 3.1 percent from July and 15.2 percent compared with a year ago.
Lettuce up 10.7 percent from July and 0.8 percent compared with a year ago.
 
Well, to be fair?

The Act was signed into law less than a month ago.

I don't think it will do anything good for inflation.

But it could not POSSIBLY have an effect yet...good or bad.
 
McRocket said:
Well, to be fair?

The Act was signed into law less than a month ago.

I don't think it will do anything good for inflation.

But it could not POSSIBLY have an effect yet...good or bad.
Click to expand...
Then the WH should not have been counting their chickens before their eggs hatch by having a party..
 
Lionfish said:
Joe Biden Brings James Taylor to Celebrate 'Inflation Reduction Act' as Stock Market Plummets Over 1000 Points

Ham up 2.5 percent from July and 9.2 percent compared with a year ago.
Frankfurters (hot dogs) up 5.3 percent from July and 18.3 percent compared with a year ago.
Eggs up 2.9 percent from July and 39.8 percent compared with a year ago.
Bread up 2.2 percent from July and 16.2 percent compared with a year ago.
Doughnuts up 2.0 percent from July and 14.1 percent compared with a year ago.
Pickles up 4.0 percent from July and 19.4 percent compared with a year ago.
Margarine up 7.3 percent from July and 38.3 percent compared with a year ago.
Butter up 2.7 percent from July and 24.6 percent compared with a year ago.
Sugar up 1.8 percent from July and 15.9 percent compared with a year ago.
Potatoes up 3.1 percent from July and 15.2 percent compared with a year ago.
Lettuce up 10.7 percent from July and 0.8 percent compared with a year ago.
Click to expand...

HAHAHAHAHA! i TOLD YOU THAT the stock market bubble was about to pop!

AND OOPS- I WAS RIGHT!

The Real Estate and INFLATION Bubbles are next!

MARK MY WORD!
 
Lionfish said:
Joe Biden Brings James Taylor to Celebrate 'Inflation Reduction Act' as Stock Market Plummets Over 1000 Points

Ham up 2.5 percent from July and 9.2 percent compared with a year ago.
Frankfurters (hot dogs) up 5.3 percent from July and 18.3 percent compared with a year ago.
Eggs up 2.9 percent from July and 39.8 percent compared with a year ago.
Bread up 2.2 percent from July and 16.2 percent compared with a year ago.
Doughnuts up 2.0 percent from July and 14.1 percent compared with a year ago.
Pickles up 4.0 percent from July and 19.4 percent compared with a year ago.
Margarine up 7.3 percent from July and 38.3 percent compared with a year ago.
Butter up 2.7 percent from July and 24.6 percent compared with a year ago.
Sugar up 1.8 percent from July and 15.9 percent compared with a year ago.
Potatoes up 3.1 percent from July and 15.2 percent compared with a year ago.
Lettuce up 10.7 percent from July and 0.8 percent compared with a year ago.
Click to expand...

You aint seen nothing yet.
 
Geeko Sportivo said:
HAHAHAHAHA! i TOLD YOU THAT the stock market bubble was about to pop!

AND OOPS- I WAS RIGHT!

The Real Estate and INFLATION Bubbles are next!

MARK MY WORD!
Click to expand...
Yes out of control spending has fueled inflation. Now the Fed is increasing the interest rate that affects the stock market and Real Estate. Big surprise.
 
floridafan said:
Do explain how this Act destroys the middle class.............
maybe you can try without lying, or is that too much to ask.
Click to expand...

tax and spend with inflation shooting through roof and 401ks taking a 1000 point drop yesterday, Democrats have always destroyed pieces of the middle class when it office, Biden will be the worst one yet
 
Stringfellow Hawk said:
tax and spend with inflation shooting through roof and 401ks taking a 1000 point drop yesterday, Democrats have always destroyed pieces of the middle class when it office, Biden will be the worst one yet
Click to expand...

Sure I get it, you preferred borrow and spend under trump to the tune of 7 Trillion!
 
ExpressLane said:
Yes out of control spending has fueled inflation. Now the Fed is increasing the interest rate that affects the stock market and Real Estate. Big surprise.
Click to expand...

Investors should not be risking borrowed money on the stock market anyway!

WHY DO YOU THINK THE FEDERAL RESERVE BANK RAISE THEIR INTEREST RATES?

It is to discourage borrowing money with the intention of risking it on the Stock Market!

Have you forgotten about the Bank Crisis that built up over the Bush Jr. presidency because of this problem alone? WITH NO REGULATIONS IN PLACE!

You should also know that The Federal Reserve Bank is privately owned, and they can only raise the interest on loans they make with member banks!

Fed my ass! Has nothing to do with the government!

The Treasury is the financial element of the Government. The Federal Reserve Bank works with the treasury to supply America Currency, and they serve America by loaning money to bank members, they also serve the public by being a clearing house for Bank Checks, Government Checks, Welfare Checks, Securities etc.

But yes, they are a private enterprise!

I worked for Federal Reserve Bank of Dallas 1970- 1980!
 
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