Invisible no longer defending this as being the gospel, after posters have informed him that it is outdated and there have been more recent articles by this source, the FRB of SF, addressing the reasons why the Fed was able to help reduce inflation from 9% to the low 3% range Fed's aggressive rate hike easing supply chain disruptions and a decline in gasoline price
Not at all. Trump/Elon were just better with the media and better at lying. You ever check out that greedflation article I posted last page? I assume you are still trying to digest and form a response to the article you posted and I replied to. Take your time!
Hahahah.... So Trump is already demanding to have the Debt ceiling raised before he even gets in office. Instead of Drill Baby Drill it's more like SPEND BABY SPEND!!! Where all my fiscal conversatives at???
Hah this thread has way too many members who think acting snide is the best way to get other people to reply to them. I see you're also racking up dubs in the Bitcoin thread. Good work. Up that effort level and you might find the answers you're looking for with the appropriate sources.
Well you have a habit of posting then walking away. Or posting an article without understanding it. You literally posted an article from 2022 to talk about inflation… conveniently ignoring in the subsequent year covid related supply chain inflation went down. I used to think adoo was in the wrong but you are a bit disingenuous. Got more likes on those posts than the true believers. They literally think it’s the best thing ever created based on 15 years. I get it… it’s tough actually debating topics.
Slow day or do you always got a chip on that shoulder? So tell me why I have to give a legit reply to every ******* who thinks they're right and cashed in their chips without trying.
Some days are slower than others..... Just to be clear.... you can't actually defend your articles and your positions? Otherwise we can keep trading barbs... You accuse me of having a chip on my shoulder... I accuse you of being disingenuous over an anonymous internet forum.
If I don't, are you going to ride my jock over the same thing for 3 plus years like a sex crazed ex? Funny way to debate. Shows a lot more about you than me
It's a forum.... You post an article and comment on it.... and then someone replies. Are none of your posts legit? Or do you just get upset when challenged? We have debated monetary vs fiscal policy or inflation in the past respectively. I just think you have become more ideologically rigid.
Again.... we have debated respectively. However, when you post articles that just completely ignores how Congress works and get called out on it.... IDK what to tell you bruh? Says a lot more about you than me.
I'm not perfect or think I'm always right. I don't give credit to lunatics or narcissists for obvious reasons. If you have receipts for said Congress ignorance, you can pull it up if you're respectful and are genuine in your reply.
I already told you. If you have a source from a Fed or something as credible as it then you'll get a better response. There's many studies on what caused the initial spike where COVID stimulus from both admins contributed to a big chunk of it. You can make up new conditions to make me reply but I'll need more than a simple Google search article to tolerate your stink breath.
U.S. economy grows at 3.1% pace in Q3 2024, an upgrade from previous estimate Trump will inherit an economy that looks healthy overall. The unemployment rate remains low at 4.2% even though it is up from the 53-year low 3.4% reached in April 2023. Inflation to 2.7% last monthhit a four-decade high 9.1% in mid-2002. Eleven interest rate hikes by the Federal Reserve in 2022 and 2023 helped bring it down That is above the Fed’s 2% target. But the central bank still felt comfortable enough with the progress against inflation to cut its benchmark rate Wednesday for the third time this year.
adoo really is totally clueless. He literally understands nothing about economics. But why does he write right to left?