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03-18-2021, 06:08 PM
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#1
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Chasing a Cowgirl
Join Date: Oct 19, 2013
Location: Upstate Missouri
Posts: 33,367
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The Fed admits that inflation is here.
Six (6) yea six months after industry geeks start talking about it.
Unbelievable.
https://www.firstpost.com/business/f...y-9431731.html
And they expect it to hit 2.4% by fall.
Huge drop in unemployment, GDP climbing, etc.
WTF, so we didn't need to dump 1.9 trillion more into an economy that was already starting to heat?
Amusing this comes out the week after the Dim politicians dump the 1.9 into the economy.
Well lets just politicize the economy along with everything else.
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03-18-2021, 06:58 PM
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#2
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Valued Poster
Join Date: Aug 7, 2010
Location: OPKS
Posts: 7,386
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Great job Trump.
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03-18-2021, 07:25 PM
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#3
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,272
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Everything is political....even pussy!
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03-20-2021, 10:39 AM
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#4
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Valued Poster
Join Date: Oct 1, 2013
Location: Dallas TX
Posts: 12,555
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Overheated economy will cause inflation
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03-20-2021, 12:44 PM
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#5
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Lifetime Premium Access
Join Date: Jan 1, 2010
Location: houston
Posts: 48,272
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They keep saying it will be temporary.
That is a bet that will have us back to the 1970's if they lose.
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03-20-2021, 12:47 PM
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#6
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by royamcr
Great job Trump.
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03-20-2021, 01:00 PM
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#7
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Valued Poster
Join Date: Jan 16, 2010
Location: Texas
Posts: 51,038
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Quote:
Originally Posted by Unique_Carpenter
...
Amusing this comes out the week after the Dim politicians dump the 1.9 into the economy....
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The injection of federal funding into the economy increases the stats and gives it an appearance of growth in "revenue" ... and don't forget this welfare disbursement for illegal aliens is injected into the local/state funds in anticipation of the future needs based upon those illegal aliens being directed to areas in which they can live without disruption or interference .... while they get registered to vote in 2022 and 2024. No need for crime costs ... no police.
The DumboCrats also play with the employment stats .... ala Clinton & Obaminable .... the unions screamed at the hackypanky at the close of the Clinton administration by repeating stats of the prior month to avoid reporting a decline in employment ... and Obaminable administration began to count a person's 2nd job to maintain a 40 hour income as hours were reduced to below 30 to avoid expensive insurance by the employer due to ObaminableCare horrible prices when the grants died .... as two persons EMPLOYED!
So, Bitten believes that a person working two 20-hour jobs is really two full time employees on the labor stats, just like he believes that borrowed money into the bank is an increase in revenue.
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03-20-2021, 01:29 PM
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#8
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Valued Poster
Join Date: Aug 7, 2010
Location: OPKS
Posts: 7,386
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Trump didn't do anything to help. Inflation has been slow due to relatively low demand. People saving or not having money to spend. Inflation is inevitable at some point.
Blaming this on Biden after 60 days in office is fucking retarded. Same with retards blaming the border crisis on Biden already. Trump fucked things so bad it will take a year or more to clean that shit up. Build the fucking wall, IDGAF, it doesn't fix the problem.
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03-20-2021, 02:47 PM
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#9
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Valued Poster
Join Date: Dec 31, 2009
Location: dallas
Posts: 23,345
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'r' -" Blaming this on Biden after 60 days in office is fucking retarded."
Comment - Shame on 'r' for insulting those with developmental delay issues, including those with cerebral palsy who appear 'delayed' - yet have normal intellectual function, you include in your rant.
Yet it seems insults of others and using intercourse synonyms ( is intercourse forbidden to you by your DPST ideology?)- scatology, name-calling, is the best One can do - instead of civil , literate, educated intellectual debate.
Sad to know that seems far above One and One's capabilities.
you should be ashamed of your conduct - little 'r' - it is completely inconsistent with the so-called Unity of fiden and your DPST nomenklatura - who use U and Lie just as do you - and will tax you into oblivion at the first opportunity, and then put U on the boxcars to AOC's concentration camps.
Please do not feed teh Trolls!!!!
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03-20-2021, 03:11 PM
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#10
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Lifetime Premium Access
Join Date: Jan 5, 2010
Location: Longhorn Central
Posts: 8,954
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An economy not based on making tangible goods can easily be collapsed, and we haven't slowed down the money printing press at all. We could easily see this turn into stagflation.
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03-20-2021, 03:35 PM
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#11
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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Various news sources say that 1 trillion from the previous covid relief packages hasn't been spent.
Since supposedly 9% of the 1.9T bill is only COVID relief, the rest more pork. Dim goody bag to buy future elections.
Fort Pelosi must fall.
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03-20-2021, 03:41 PM
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#12
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Account Disabled
Join Date: Jan 20, 2010
Location: Houston
Posts: 14,460
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Quote:
Originally Posted by royamcr
Inflation has been slow due to relatively low demand.
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Inflation has been low because of 0% interest rates from the Fed. It was going to eventually end.
Quote:
Originally Posted by royamcr
Blaming this on Biden after 60 days in office is fucking retarded. Same with retards blaming the border crisis on Biden already. Trump fucked things so bad it will take a year or more to clean that shit up. Build the fucking wall, IDGAF, it doesn't fix the problem.
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You're nuts.
Biden signaled many times for immigrants to come to the border. Just like Obama did. Even Jen Psaki can't lie her way out of it.
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03-20-2021, 04:44 PM
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#13
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Valued Poster
Join Date: Aug 7, 2010
Location: OPKS
Posts: 7,386
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03-20-2021, 04:52 PM
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#14
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Valued Poster
Join Date: Dec 31, 2009
Location: dallas
Posts: 23,345
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Thank u - 'r' - elitist, arrogant, self-centered, pompous . self-important, know-it-all DPST posts. .
One common characteristic of DPST's - they have no clue as to the consequences of their actions.
And when those consequences come due - U blame trump - blame Trump and blame Trump.
Typical marxist DPST/ccp bowing to Comrade Xi!
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03-22-2021, 09:11 AM
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#15
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Valued Poster
Join Date: Oct 1, 2013
Location: Dallas TX
Posts: 12,555
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Sheeples are really
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