CSNbbs

https://twitter.com/leopardmd/status/145...8825729032

COURAGE OF THEIR CONVICTIONS

Article's argument seems to be Americans saved more b/c they weren't spending during COVID so now have the money to spend.

There is some degree of truth to this. There is pent up demand being released.

The demand for gasoline rose when people started going back to work. When the Trump economy was roaring it was close to $3/gallon. The cheaper prices came as the shutdowns ensued. We are well past $3/gallon now. It's not just COVID rebound. The gas increase alone is driving a good portion of the inflation we are seeing.

(11-08-2021 05:21 PM)Bronco14 Wrote: [ -> ]Article's argument seems to be Americans saved more b/c they weren't spending during COVID so now have the money to spend.

They meant the ones that got paid for not working, right?

(11-08-2021 05:38 PM)Claw Wrote: [ -> ]There is some degree of truth to this. There is pent up demand being released.

The demand for gasoline rose when people started going back to work. When the Trump economy was roaring it was close to $3/gallon. The cheaper prices came as the shutdowns ensued. We are well past $3/gallon now. It's not just COVID rebound. The gas increase alone is driving a good portion of the inflation we are seeing.

But there isnt any pent up demand to release. Supplies remain restrained---thus you simply have more dollars chasing fewer goods/services. This means you are paying more for the same things you used to get for less. Furthermore, since you're paying more for staples---you have LESS discretionary income---NOT MORE...which is exactly why you are seeing the economic growth rate slow. The sugar rush from the direct to consumer federal economic stimulus payments is fading and people are now returning to their normal level of spending---but they now are finding that they can no longer afford their old base line of consumption because prices have risen---thus requiring them to cut back on discretionary purchases. This is a negative feedback loop that will end in an economic slowdown. No real way to stop it at this point that I can see.

(11-08-2021 06:10 PM)Attackcoog Wrote: [ -> ]

(11-08-2021 05:38 PM)Claw Wrote: [ -> ]There is some degree of truth to this. There is pent up demand being released.

The demand for gasoline rose when people started going back to work. When the Trump economy was roaring it was close to $3/gallon. The cheaper prices came as the shutdowns ensued. We are well past $3/gallon now. It's not just COVID rebound. The gas increase alone is driving a good portion of the inflation we are seeing.

But there isnt any pent up demand to release. Supplies remain restrained---thus you simply have more dollars chasing fewer goods/services. This means you are paying more for the same things you used to get for less. Furthermore, since you're paying more for staples---you have LESS discretionary income---NOT MORE...which is exactly why you are seeing the economic growth rate slow. The sugar rush from the direct to consumer federal economic stimulus payments is fading and people are now returning to their normal level of spending---but they now are finding that they can no longer afford their old base line of consumption because prices have risen---thus requiring them to cut back on discretionary purchases. This is a negative feedback loop that will end in an economic slowdown. No real way to stop it at this point that I can see.

Stop passing trillion dollar spending bills is a start



Sent from my SM-N975U using Tapatalk

(11-08-2021 07:14 PM)maximus Wrote: [ -> ]

(11-08-2021 06:10 PM)Attackcoog Wrote: [ -> ]

(11-08-2021 05:38 PM)Claw Wrote: [ -> ]There is some degree of truth to this. There is pent up demand being released.

The demand for gasoline rose when people started going back to work. When the Trump economy was roaring it was close to $3/gallon. The cheaper prices came as the shutdowns ensued. We are well past $3/gallon now. It's not just COVID rebound. The gas increase alone is driving a good portion of the inflation we are seeing.

But there isnt any pent up demand to release. Supplies remain restrained---thus you simply have more dollars chasing fewer goods/services. This means you are paying more for the same things you used to get for less. Furthermore, since you're paying more for staples---you have LESS discretionary income---NOT MORE...which is exactly why you are seeing the economic growth rate slow. The sugar rush from the direct to consumer federal economic stimulus payments is fading and people are now returning to their normal level of spending---but they now are finding that they can no longer afford their old base line of consumption because prices have risen---thus requiring them to cut back on discretionary purchases. This is a negative feedback loop that will end in an economic slowdown. No real way to stop it at this point that I can see.

Stop passing trillion dollar spending bills is a start



Sent from my SM-N975U using Tapatalk

Yup. I do think it will moderate once the transportation issues are sorted out. I actually think what might happen is all those goods sitting offshore may end up hitting shelves just as consumers are realizing budgets are getting tighter than they ever expected. That would create a good/services glut during a period of weakening demand---which is the formula for DEFLATION. We are already seeing economic growth slowing---so I actually think there is a good chance the deflation Im talking about could be coming. Of course, my deflationary scenario requires the supply chain to work out its kinks.....which may or may not be happening anytime soon.

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

(11-10-2021 03:17 PM)scorpius Wrote: [ -> ]

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

(11-10-2021 03:26 PM)miko33 Wrote: [ -> ]

(11-10-2021 03:17 PM)scorpius Wrote: [ -> ]

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

Yea, this is just the MSM covering for an incompetent administration. The ONLY time I can think of when a little inflation is good is when the economy is over heating. That is definitely NOT the case now and even if it were the case, 6+% is still terrible.

(11-08-2021 05:13 PM)green Wrote: [ -> ]

https://twitter.com/leopardmd/status/145...8825729032

COURAGE OF THEIR CONVICTIONS

(11-10-2021 03:26 PM)miko33 Wrote: [ -> ]

(11-10-2021 03:17 PM)scorpius Wrote: [ -> ]

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

What rock have you been sleeping under? The Fed has been majorly concerned about deflation for years. That's why interest rates became virtually non-existent over the past decade. In fact it's still a major concern and thus why it's not bad at all if some of this inflation is permanent. If inflation was as concerning as the right seems to be making it out to be, the Fed would have already emergency pulled back all of it's stimulus and have started to raise rates by now. But it's looking like 2023 before we get to that point, if any time soon.

(11-11-2021 07:07 PM)scorpius Wrote: [ -> ]

(11-10-2021 03:26 PM)miko33 Wrote: [ -> ]

(11-10-2021 03:17 PM)scorpius Wrote: [ -> ]

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

What rock have you been sleeping under? The Fed has been majorly concerned about deflation for years. That's why interest rates became virtually non-existent over the past decade. In fact it's still a major concern and thus why it's not bad at all if some of this inflation is permanent. If inflation was as concerning as the right seems to be making it out to be, the Fed would have already emergency pulled back all of it's stimulus and have started to raise rates by now. But it's looking like 2023 before we get to that point, if any time soon.

Ban me suspend me whatever you want...

Scorpius please go to some other board and gtfo. You are an abortion loving retard who probably stalks little boys and girls online.

Youre a dope

A loser

An idiot

Probably out of all my years on these boards the biggest moron of all morons.

Get lost ******



Sent from my SM-N975U using Tapatalk

(11-11-2021 07:07 PM)scorpius Wrote: [ -> ]

(11-10-2021 03:26 PM)miko33 Wrote: [ -> ]

(11-10-2021 03:17 PM)scorpius Wrote: [ -> ]

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

What rock have you been sleeping under? The Fed has been majorly concerned about deflation for years. That's why interest rates became virtually non-existent over the past decade. In fact it's still a major concern and thus why it's not bad at all if some of this inflation is permanent. If inflation was as concerning as the right seems to be making it out to be, the Fed would have already emergency pulled back all of it's stimulus and have started to raise rates by now. But it's looking like 2023 before we get to that point, if any time soon.

These folks better not breed.

(11-11-2021 07:15 PM)maximus Wrote: [ -> ]

(11-11-2021 07:07 PM)scorpius Wrote: [ -> ]

(11-10-2021 03:26 PM)miko33 Wrote: [ -> ]

(11-10-2021 03:17 PM)scorpius Wrote: [ -> ]

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

What rock have you been sleeping under? The Fed has been majorly concerned about deflation for years. That's why interest rates became virtually non-existent over the past decade. In fact it's still a major concern and thus why it's not bad at all if some of this inflation is permanent. If inflation was as concerning as the right seems to be making it out to be, the Fed would have already emergency pulled back all of it's stimulus and have started to raise rates by now. But it's looking like 2023 before we get to that point, if any time soon.

Ban me suspend me whatever you want...

Scorpius please go to some other board and gtfo. You are an abortion loving retard who probably stalks little boys and girls online.

Youre a dope

A loser

An idiot

Probably out of all my years on these boards the biggest moron of all morons.

Get lost ******



Sent from my SM-N975U using Tapatalk

I’m going to reiterate all the ^^^ in your post …

BAN THE TROLLS W/0 A CLUE

#mathIsolvent

can someone please explain why the feds fear the masses finding common ground value/wages during inflationary periods today vs. ~45 yrs ago …

here’s a fk’n hint … interest rates were out of control as banking/strict regulation held the reigns based on fundamental metrics … how’s that compare to today in ‘growth subsidies’?

there’s a reason the 401k was created…

(11-11-2021 07:17 PM)rath v2.0 Wrote: [ -> ]

(11-11-2021 07:07 PM)scorpius Wrote: [ -> ]

(11-10-2021 03:26 PM)miko33 Wrote: [ -> ]

(11-10-2021 03:17 PM)scorpius Wrote: [ -> ]

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

What rock have you been sleeping under? The Fed has been majorly concerned about deflation for years. That's why interest rates became virtually non-existent over the past decade. In fact it's still a major concern and thus why it's not bad at all if some of this inflation is permanent. If inflation was as concerning as the right seems to be making it out to be, the Fed would have already emergency pulled back all of it's stimulus and have started to raise rates by now. But it's looking like 2023 before we get to that point, if any time soon.

These folks better not breed.

but they are in more vs. those with a clue … ref: former sig line 1b)

(11-11-2021 07:07 PM)scorpius Wrote: [ -> ]

(11-10-2021 03:26 PM)miko33 Wrote: [ -> ]

(11-10-2021 03:17 PM)scorpius Wrote: [ -> ]

(11-08-2021 05:46 PM)CrimsonPhantom Wrote: [ -> ]

That's the type of headline you'd expect to see on Fox News.

We're not seeing that type of headline on Fox News. However, the title of this thread IS an actual headline from MSNBC. Inflation is good IF we were coming out of a deflationary spiral. We are not though, and given the inflation rates we're seeing in the ranges from 6% to 8% it's objectively a BAD thing...

What rock have you been sleeping under? The Fed has been majorly concerned about deflation for years. That's why interest rates became virtually non-existent over the past decade. In fact it's still a major concern and thus why it's not bad at all if some of this inflation is permanent. If inflation was as concerning as the right seems to be making it out to be, the Fed would have already emergency pulled back all of it's stimulus and have started to raise rates by now. But it's looking like 2023 before we get to that point, if any time soon.

https://twitter.com/newsbusters/status/1...2977072128

PRICELESS