The Frankish Reich Posted July 11 Posted July 11 Gary Cohn, Trump's former chief economic advisor, on CNBC now. "The chief risk is slowing down (inflation) too fast now."
Tommy Callahan Posted July 11 Posted July 11 44 minutes ago, The Frankish Reich said: Gary Cohn, Trump's former chief economic advisor, on CNBC now. "The chief risk is slowing down (inflation) too fast now." Yes. The markets don't react well to actual deflation. It's why the sweet spot is inflation below wage growth.
Tommy Callahan Posted July 11 Posted July 11 Even CNBC with the one chart. Lots of wording about positives. But look at everything way over target https://www.cnbc.com/2024/07/11/heres-the-inflation-breakdown-for-june-2024-in-one-chart.html
Tommy Callahan Posted July 18 Posted July 18 Just buying votes with other people's money It's amazing how many college educated people on the receiving end of this claim it's just being taken off the books and doesn't cost anything.
Doc Posted July 18 Posted July 18 18 minutes ago, Tommy Callahan said: Just buying votes with other people's money It's amazing how many college educated people on the receiving end of this claim it's just being taken off the books and doesn't cost anything. They don't care. Free money, yo! 1
Tommy Callahan Posted July 18 Posted July 18 130 debt to gdp ratio is unattainable. This will be the lefts matching orders.
AlBUNDY4TDS Posted July 21 Posted July 21 4 hours ago, BillsFanNC said: I bet he won't, any takers? Lol
B-Man Posted July 25 Posted July 25 US durable goods new orders print for preliminary June data was a disaster - plunging 6.6% MoM The Commerce Department said durable goods orders plunged by 6.6 percent in June after inching up 0.1 percent in May. Economists had expected durable goods orders to rise by 0.3 percent. https://www.rttnews.com/3462971/u-s-durable-goods-orders-unexpectedly-plunge-6-6-in-june.aspx .
The Frankish Reich Posted July 25 Posted July 25 On 7/11/2024 at 10:06 AM, BillsFanNC said: That is so incredibly stupid. This commenter calling for major deflation. Good old deflation. My money will be worth more next year than it is this year. I'm gonna just not buy anything except absolute essentials now. Demand tanks. People are laid off. Unemployment soars. Stupid. That's why the Fed targets 2 percent inflation, not deflation. Not now, not ever. 1
Tommy Callahan Posted July 25 Posted July 25 2 minutes ago, The Frankish Reich said: That is so incredibly stupid. This commenter calling for major deflation. Good old deflation. My money will be worth more next year than it is this year. I'm gonna just not buy anything except absolute essentials now. Demand tanks. People are laid off. Unemployment soars. Stupid. That's why the Fed targets 2 percent inflation, not deflation. Not now, not ever. The fact is inflation for essentials are way over two percent. So when those get back to 2. And peoples wages have cought up. Inflation will no longer be crippling for most Americans.
Doc Posted July 27 Posted July 27 10 minutes ago, Roundybout said: They also made a big investment in Solyndra...
Roundybout Posted July 27 Posted July 27 10 minutes ago, Doc said: They also made a big investment in Solyndra... You’re comparing record factory development to a company that went defunct 13 years ago?
ChiGoose Posted July 27 Posted July 27 11 minutes ago, Roundybout said: You’re comparing record factory development to a company that went defunct 13 years ago? Wasn’t it also part of the same program that helped Tesla get started?
The Frankish Reich Posted July 28 Posted July 28 3 hours ago, ChiGoose said: Wasn’t it also part of the same program that helped Tesla get started? https://www.triplepundit.com/story/2021/government-office-tesla/720441 1
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