Show of Hands

If 80% of Democrats think 2.7% inflation is a terrible number, I wonder what they thought when inflation was over 9% under Biden?

Don’t you know? Math is racist!

Why is Electric so high, wasn’t the green new deal supposed to make it cheaper? lol

Because the Green New Deal never passed?

The green old deal, or “steal”, sure passed. That’s why gas and electric have been going up for years!

Drill baby drill!

Democrats thought it was a bump in the road, transitional numbers. 🙄

You mean if we didn’t helicopter in tons of money to everyone? Yes. That was stupid.
The “Inflation Reduction Act” was even worse and clearly was not designed to “reduce” inflation because every part of it made inflation worse.

3% is an improvement over the Biden years, but we will never truly fix inflation until we disband the Fed and transition back to a precious metal-backed monetary system.

Fiat currency and central banking will fail, just like every other society that has tried it. Ask the Romans what happened when they started putting lead in their silver coin.

An improvement, but still terrible.

Tariffs have not really passed on to the consumer on most products, at least not yet. No, having 5% inflation for the past 4 years is why everything is so expensive.

It’s exactly the same as it was last November. I really thought the tariffs would have more of an impact. I hope it stays this low or drops to the goal if 2%.

Better. But how is employment going? And the healthcare, child care, and education related inflation?

Its good, the economy is doing good. Not great just a steady climb. Tariffs are why everything seems so expensive.

There is just not enough gold and precious metals/gems to underpin worldwide currencies and the size of modern global economies.

All these big a$$ bailouts were nothing but an incitation to fraud and embezzlement. E.g numbers of SMB owners put relief money meant to preserve employment in their pockets and fired employees anyway.

Sure there is. You just peg "X" dollars to a convenient troy ounce number. We know that precious metals offer long-term stability and freedom from the corruption of central banking.

Neither great nor terrible.

Great number. We have to work on dumping those carbon credits to drop electricity prices. It’s a scam.

Those carbon credits are costing the people a fortune. They are using the money to buy rich property owners new windows and air conditioners for rentals. It’s supposed to reduce global warming. All while China builds a new coal fired plant every month.

Are Tariffs Raising U.S. Retail Prices? (UPDATED) | Econofact share.google/u7LiRdZYDMTunf7Qe

That would artificially jack to price of gold way up. While it sure would make the day, or shouldI say, the xentury, of gold investirs, that would preclude the use of gold for anything else, electronics, jewelry, etc. We can easily see through the ulterior motives of the gold lobby. There is absolutely no other reason for this push.

Inflation can be reigned in by equilibrating the budget, quitting the frivolous spending, be it on hand outs to people or businesses, Israel or Ukraine, pork and earmarks to Congress bills, etc., also by handing over the world policing entirely to the UN, restoring balance, equality and solidarity to the tax system, and prioritizing lowering the debt and free trade with just enough protectionism to avoid trading with foreign entities that leverage slave labor (domestic ones too, btw., which ought to resolve our border issues in the long run.)

Have you ever wondered what it would have been without COVID, or perhaps with less hesitant and more effective policies to mitigate it from the onset?

Because it was. Inflation went back to normal before Trump took power.

Of course there was no deflation either. And neither under Trump.

It averaged 5% across Biden’s term.

Of course there was no deflation because that would mean a recession and Trump would be in trouble for that as well if it happened. It’s almost like nothing he does would be good enough for the left… o wait