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  1. #1
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    Default Conspiracy Theory that Inflation is Spiking out of control

    Reading the below reports spread over a year clearly shows that all the claims of out of control inflation is a CT.

    Inflation is up because the pandemic disrupted the world's economy.

    To think think that we can have super low interest rates for the better part of two decades and not have some price pressures is stupid.

    Get your act together.









        • Many financial professionals aren’t overly concerned that inflation will spiral out of control, especially since the economy has plenty of post-pandemic ground to make up. The administration of President Joe Biden is pinning its hopes on the idea that we’ve moved into an era of easy money without consequences.


        [COLOR=#000000 !important]Reference:



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    The economy, on many fronts, has taken a dive in the past year.
    “You know the world is going crazy when the best rapper is a white guy, the best golfer is a black guy, the tallest guy in the NBA is Chinese, the Swiss hold the America's Cup, France is accusing the U.S. of arrogance, Germany doesn't want to go to war, and the three most powerful men in America are named "Bush", "Dick", and "Colin." Need I say more?” - Chris Rock

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    Quote Originally Posted by jimnyc View Post
    The economy, on many fronts, has taken a dive in the past year.
    My income is fixed. It refutes the claims in the OP.
    “When bad men combine, the good must associate; else they will fall, one by one, an unpitied sacrifice in a contemptible struggle.” Edumnd Burke

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    Quote Originally Posted by Gunny View Post
    My income is fixed. It refutes the claims in the OP.
    It refutes that it has 'spiked,' yes.

    And, no, a four to seven percent hike after almost two decades of little or no interest, with the economic fluctuations caused by the pandemic, is no horror film.

    So sit down, you all do some slow, deep breathing exercises, and let's see where we are in a year from now.
    Last edited by JakeStarkey; 10-01-2021 at 08:27 PM.

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    Quote Originally Posted by JakeStarkey View Post
    It refutes that it has 'spiked,' yes.

    And, no, a four to seven percent hike after almost two decades of little or no interest, with the economic fluctuations caused by the pandemic, is no horror film.

    So sit down, you all do some slow, deep breathing exercises, and let's where we are in a year from now.
    Don't try your word games with me. The inflation is here, has been most of the year, and it's not showing any sign of slowing down.

    Sorry, can't blame just the pandemic. YOUR administration is f-d up and being run by clueless idiots. NOTHING Biden and/or Dems are proposing is going to help anything in the least.
    “When bad men combine, the good must associate; else they will fall, one by one, an unpitied sacrifice in a contemptible struggle.” Edumnd Burke

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    Quote Originally Posted by Gunny View Post
    Don't try your word games with me. The inflation is here, has been most of the year, and it's not showing any sign of slowing down.

    Sorry, can't blame just the pandemic. YOUR administration is f-d up and being run by clueless idiots. NOTHING Biden and/or Dems are proposing is going to help anything in the least.
    Telling the facts is no 'word games', Gunny. They are the truth. "My" administration stuck with the financial errors of Trump's years. And don't be nonsensical. The smaller infrastructure bill is very much needed. The large one of AOC etc is utterly stupid, and I am not so sure about Manchin's 1.5T but I do believe that will pass. And I am not taken in by your "words" at all. We will have to see.

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    Quote Originally Posted by JakeStarkey View Post
    It refutes that it has 'spiked,' yes.

    And, no, a four to seven percent hike after almost two decades of little or no interest, with the economic fluctuations caused by the pandemic, is no horror film.

    So sit down, you all do some slow, deep breathing exercises, and let's where we are in a year from now.

    You're doing great!

    d123c802186f80d931c9148711af3728.gif
    Interdum feror cupidine partium magnarum Europae vincendarum

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    Quote Originally Posted by JakeStarkey View Post
    Reading the below reports spread over a year clearly shows that all the claims of out of control inflation is a CT.

    Inflation is up because the pandemic disrupted the world's economy.

    To think think that we can have super low interest rates for the better part of two decades and not have some price pressures is stupid.
    As with anything it starts with your definition of inflation. Price increases due to demand? Not the traditional definition IMO. Too much money chasing too few goods? A better definition that Milton Friedman would buy in to IMO. The former is short term, the latter is long term. I think it will take some time to know for sure and has nothing to do with a conspiracy theory.
    "when socialism fails, blame capitalism and demand more socialism." - A friend
    "You know the difference between libs and right-wingers? Libs STFU when evidence refutes their false beliefs." - Another friend
    “Don't waste your time with explanations: people only hear what they want to hear.” - Paulo Coelho


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    How much of the increase in food prices is due to higher fuel Costs?

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