Biden policies ‘duped the Fed’: Economist Peter Morici

You can't speak for me. There is a very clear recording of Trump saying the virus was bad. I'm not even sure how you can rationalize it because he admitted that he downplayed the situation and liked downplaying it. And, of course, ALL numbers "look good" if you ignore the bad parts.

10 times Trump downplayed the Coronavirus

 

That is ironic after you just said “the rise again of trump”.

Idolatry is a most grievous sin as you will one day find out.

 

Thank you. I am sorry for your loss.

I wish I had some magic answer for you but I don't get it at all. It's beyond disgusting.

 

Yah, he’s a nice guy who doesn’t make everything about him. He’s not in twitter wars with the broad from Yentl, or Arnold Schwarzenegger. He doesn’t keep having his staff arrested. Just a nice boring president.

 

And how many times did he bankrupt the country? Leftists either don't know or simply wont accept the fact that economically we were doing amazing under Pres Trump - that is a FACT. We're not even through a full year of Pres Biden and the cost of everything is going up at a scary rate, jobs aren't recovering, energy is in a state of distress, domestic and foreign threats are growing, and this administration wont so much as even acknowledge that there are problems let alone take steps to solving them.

 

due to Trump, Trump threatened other countries to lower oil production last year in order to raise gas prices, you know that right?

Trump did this because of oil states like TX not being able to compete with the low prices

"Trump told Saudi: Cut oil supply or lose U.S. military support"

https://www.reuters.com/article/us-...se-u-s-military-support-sources-idUSKBN22C1V4

Obama lowered unemployment much more than Trump, passed off unemployment on a downward trend and Trump still left office with fewer jobs than he started with

 

WELCOME BACK CARTER: Breaking: U.S. Inflation Soars.

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Yeah and if they can look at those numbers and fax in the op and still approve doesn't say much for them does it?

 

A: Unemployment is not actually rising, his 200K plus new jobs was just disappointing. If it is a bleep and not a trend, no problem, happens for 3 months then there is an issue. Of course another spike in Covid because of the jackasses refusing vaccination would cause another shutdown.
B: Gas prices are spiking due to the attack of some misguided people on a system run by incompetent people. Unless you're a conspiracy nut who believes the oil companies just created their own "attack" to drive prices up as well as inflation at the same time, win win for them.
C: Democrat Communists is just a made up combo of words by the uneducated. I don't believe I ever met a communist in the US but the overwhelming majority were at least partially socialist some more than others. In fact, I do believe all Americans support some socialist policies.

 

But the lefties have a political hack in office.....that is all they care about.

 

They can vote

 

Just because a large number of people are wrong, does not make them right. Do YOU think things are improving?

 

Prices up 4.2% compared to one of the worst months of the pandemic. A month when milk prices dropped so low dairies were dumping milk in their fields as shipping it cost more than they made off of if.

People that understand economics are ecstatic prices are back up from those dark days last year. The reason they were so low is not good.

 

Honestly I haven’t seen much change. But yes my life is better today than it was a year ago.

 

6.4% GDP growth, less 4.2%inflation = 2.2% actual growth? Seems very hard for anyone to get above 2-3% in real growth in an advanced economy...pandemic or no pandemic. Republican or Democrat.

 

But, bear this in mind -- the Fed was never 'duped' about anything! Quite the contrary!

The manipulators at the Fed got one of their past-chairmen, Janet Yellen, installed as the Treasury Secretary in the Biden regime -- just to make very certain that those doctrinaire, neo-socialist 'wanna-be's' in Biden's inner circle didn't rock the boat too much.

Duped? The only people who have been duped are those who actually believe all this horseshit the Fed has been putting out non-stop for YEARS that, "Oh, there's no inflation!" After all, what would give anybody that idea... right?

Sure, since the Fed staged its total takeover of what used to be our free-market economy in August 2007, there hasn't been any inflation in house prices, rents, leases, taxes and fees, medical services, dental work, utility bills, hardware, transportation, etc., etc., etc.

And even NOW that nobody in the world can deny that inflation is raging everywhere, watch the Fed ignore the whole thing and blow it all off as a 'temporary spike'.

Why? Because the Fed must maintain its chokehold on the economy, and support other central banks in 'the West' to exert the same control in England, the EU, Japan, et al. And above all -- it must continue to prop up horribly bloated, completely overvalued stock markets, no matter what, just as it has done since 2008. "STOCK MARKETS ÜBER ALLES!"

 

The people being duped are the ones being told to freak out over a 4.2% year/year increase when the previous year's prices were due to a pandemic.

 

Ah, it's one of the 'temporary spike' people!

And you've noticed no inflation in anything since 2008 that people actually have to BUY, like paying rent, buying cars and houses, medical services, dental services, hardware and building materials, utilities, government taxes and fees, etc.? AND, you're living in the United States...? Uh-huh....

But, as we know so well, the Fed only counts certain things to measure for inflation that it WANTS to monitor, and blithely ignores ALL the rest of it -- all to continue to prop up the almighty-god STOCK MARKET, while it 'prints' money, buys 'bonds', and crushes interest rates on people's savings accounts.

It's way above common ordinary 'politics'... so it's not even a 'Republican vs. Democrat' thing. The Fed took over the entire economy under "W" Bush, and projected its enhanced power all during "Messiah" Obama AND Donald Trump, who pushed support for the stock markets more than anyone! Now Joe and his handlers are 'in there' , and believe me -- SO IS THE FED!

 

No, I have not noticed no inflation in those things. I have noticed they have all gone up since 2008. Which is why the official inflation rate between 2008 and now is 24%

As for the rest of your rantings, I do not really speak conspiracy theory so I am a bit lost on it all.

 

Don't trouble yourself to try to understand what has been right in front of all of our faces since at least August of 2007... because it really doesn't make any difference. Our economy -- which used to be a 'free-market' economy, has been in the death-grip of the Federal Reserve central bank, under everybody from "W" Bush, to "Messiah" Obama, to Donald Trump, and now back to "Obama 2.0" in the form of 'Geriatric Joe' Biden. Thus, the Fed changes 'hand-puppets' during its little dramas, but the puppet master remains the same!

 

I find it sick that Biden has now stated two things that he immediately undid that Trump put into place: Biden now thinks pipelines are a good thing, better than trucks so that the climate is better off. Second, he's going to complete another 14 miles of the southern wall. If he's smart, he will separate from Iran again and help Israel.

 

All of a sudden you get religious?

 

I believe organized religion is a plague upon this earth and the members that use their beliefs to vilify and harm others will suffer most grievously.

There is nothing wrong with belief in a deity though

 

No. Trump got duped by China and praised them multiple times on Twitter then told America the virus would just pass and wasn't a big deal...then told woodward he knew it was dangerous the whole time.

He also was not called a xenophobe for stopping flights. You evidently got duped by fake news. No worries, it happens.

 

HAHAHA!!! Who are you? God? You believe when Christ organized his physical Church on the earth with 12 apostles, 70 evangelists and priesthood authority that it was a plague? No, the Church uses the beliefs to preach and teach the Gospel of Jesus Christ with the laws and commandments of God. Yes, that means that people's acts are sinful and we must repent if we want entrance into the Kingdom of God after this life. Where Churches go wrong is to cozy up to corrupt governments. But, there is nothing wrong with teaching and preaching salvation and exaltation. People may not agree because they want to sin, but that doesn't mean preaching Christ is a plague. I also see atheists and secular government vilifying people of religious churches and forcing them to do sinful acts like Catholics forced to perform abortions. Those that do this will suffer most grievously.