Umm.... who do you think bought those treasuries that were issued to finance Biden's record-breaking budget deficits? THE FEDERAL RESERVE DID The Federal Reserve, working alongside the Department of the Treasury, facilitated a massive increase in money supply... to finance Biden's budget deficits. LMAOOOOOOOOOOOOO GOOD DAY
yet another eg of Traitor George's willful ignorance Ever since Reagan took office, every POTUS left office with a budget breaking burder deficit; Clinton was the lone exception, the only POTUS. post WW2, to have generated a budget surplus the same ones who purchased treasuries to finance the budget deficits of Reagan, Bush Sr, W, Obama and Trump 1.0, the lenders included China Japan Fed., Corporations and others Damn, Traitor Geroge, you are willfully stupid. The Fed works indepently; while the POTUS can fire anyone in the admin, POTIS can't fire the Fed chair
Important people are saying that Trump is artificially raising inflating to distract us from the epstein list.
Anybody wonder what that uptick in 2025 is from? Pretty much a continuation of what Tariff Man was doing in 2020 when he got his ass kicked.
LOL, the PMI is a survey, not economic data. By the way, where is the recession you were forecasting for months? You were very wrong on that as well. Actual inflation is well below 3% -- as a reminder, it kissed 9% under the Biden Administration. Trump has tamed inflation, despite the stock market being near all-time highs... which can pressure inflation due to the wealth effect. The tariffs are resetting the global terms of trade in the USA's favor AND helping to reduce the budget deficit (which was a surplus in June). Liberals just can't stand the success Trump is having. They are angry, miserable people! But the good news is that they don't have to be. They can adopt the ways of The Industrialist. Invest behind strength. Be an optimist. Have a vision for future success. GOOD DAY
Given my role, I am sitting on at least 30 earnings calls a year. So far this Spring, and Summer EVERY SINGLE earnings call has had an entire section of the presentation covering the impact of tariffs, a pricing strategy to increase costs to offset, and a strategy to maintain or increase customer relationship scope to ensure revenues do not drop. The proof is sitting right there, and no propaganda magic wand that propaganda minions like SpaceGhost and OStrig can wave are going to make this go away. Prices ARE going up on Trump's watch as a direct result of his policies. It's just a fact.
The data simply doesn't support your conclusion. Inflation is at 2.7% -- very modest. And Trump's efforts to bring down energy costs have worked beautifully. Trump's efforts to increase production and manufacturing levels are also serving as a counterbalance to tariffs. So you have to look at all of the various forces that impact pricing -- on balance they are netting out... to give us a low level of inflation. That's the data. GOOD DAY
The clear trend of inflation being 1/3rd of how high it got under Joe Biden! LMAO Liberals are seriously trying to paint sub-3% inflation as a problem. That line of attack will not work... especially when inflation soared out of control when them in charge. It's probably the #1 reason why they lost the 2024 election. Talk about a lack of self awareness! GOOD DAY
Don’t take my word for it. Sit on any earnings call for any publicly traded company that is global that deals with international trade. Find me 5 Fortune 500 companies that do not address tariffs and discuss their strategy for increasing prices to offset. Also Trump ran on bringing prices DOWN not continuing Fed policy to curb inflation to a steady increase in costs at a manageable level. And at nearly every public appearance Trump openly flouts his desire to fire the Fed chair to change the policy of inflation mgmt and instead plummet interest rates so people will lend money more again like after Covid which was exactly what got us into the inflation mess we were in post Covid that Biden took the heat for. You have no idea what you are talking about and are just drinking the kool aid.
When making decisions, you are always best served relying on data and not anecdotes. You are relying on anecdotes... on the unnamed calls from unnamed executives at unnamed companies. But what you omit is those same executives talking about cost decreases such as energy costs. What you also omit is that amazingly, the import data that we are seeing is showing FOREIGN PRODUCERS are shouldering much of the impact of tariffs, and NOT the consumer. These are all reasons why the inflation data is at very low levels. You can't only cite the inflationary anecdotes while omitting the offsetting cost decrease anecdotes. Again -- relying on data is the solution here. It's objective and it's real. And it's saying inflation is low. GOOD DAY
Carl Quintanilla @carlquintanilla.bsky.social · 48s BEIGE BOOK: “.. Contacts in a wide range of industries expected cost pressures to remain elevated in the coming months, increasing the likelihood that consumer prices will start to rise more rapidly by late summer.”
On a personal level, I am starting to see things at HEB that are up...........I normally get a rib eye and its normally $14-16 dollars for one, it's now $19.00 to $21.......nothing scientific, but I can definitely notice it and I don't typically freak out if it went up .50 cents but when I see this it makes me think there is a REAL threat coming and Aug 1st will make it even worse
Yep me too they have went up on a lot of things. Aug 1 if he goew though with it is going to be bad real bad.
I went on the HEB site and typed in a ton of products and wrote down the prices last month. Not sale prices, just normal prices per pound of various types of beef, canned drinks, beers, coffee, etc... I'm going to check the prices every 2 months for those same products to compare any price changes myself. My guess is that the prices won't get lower, but will get higher as time goes on.
