Monthly US inflation to return to 0.2-0.3 pct in second half of 2022: Yellen

Can you quote the text which talks about moving minorities to white communities.

 

Thing remains. Biden is getting the blame over it, but he did not cause it.

 

List that massive infusion of federal money, compared to what Donald did with pumping in billions.
And what regulations on production are you talking about?
Also that gas claim is just ludicrous. The US is not able to determine the price of gas. OPEC can, and the US is not part of it.

 

The feds do customs, not the port itself.

 

OPEC controls the price of oil/gas. And the US is not part of it.

 

Yes….which controls the ports…

 

The difference between Trump and Brandon is Trump pumped in massive amounts of money when there was no American high inflationary period while Brandon pumped in massive amounts of money while there was an American high inflationary period...Then again, I expect the person well versed in economics (Trump) to know this stipulation and I also expect the person not at all versed in economics (Brandon) to spend like a drunken sailor during this high American inflationary period.

The regulations are the handling regulations imposed by the Brandon Administration to handle goods and services during this pandemic.

Side note: Oh, if only every state in the union could handle Covid protocols like Florida.

 

OPEC controls the flow of oil and gas since Biden has prohibited new oil and gas production in the US. Before Biden (and during Trump), the US was the country exporting the most oil and gas in the entire world.

 

Nope. They do not control the ports. They only check the items and people they arrive and want to depart, but not when a ship comes and goes.
That port, is just like an airport. The customs do not control when a plane lands and when it takes off there as well.
So you can end this dumb horseplay.

 

You're not responding to my previous questions.

 

You're not making any sense with that claim that OPEC is now in the lead of the price, since Biden is prohibiting NEW oil and gas production.
OPEC is simply dwarfs the capabilities of the US. They can just open and close the flow of oil by snapping their fingers, and so altering the price.

 

I acknowledged that both Trump and Brandon pumped in massive amounts of money into the money supply. The difference between the two (now, pay attention 'cause I'm not gonna repeat it again) is that Trump pumped in massive amounts of money during a period of low inflation and Brandon pumped in massive amounts of money during a period of high inflation.

 

You're still straw manning when you post I referred to OPEC being in the lead of the price of oil because I never posted that.

All my postings on this thread have been about the Fed Reserve being unable to rein in inflation even though the Fed Reserve has put its boot on the throat of the Prime Interest Rate. That putting the boot on the throat of the Prime Interest Rate isn't allowing for free investment markets to work which retards the interest rate for CDs, fed securities and bonds which are literally making your CD investments unprofitable, literally making you federal securities investments unprofitable and literally making your bond investments unprofitable.

All my postings in this thread are about the Fed Reserve being unable to rein in inflation even though the primary goal of the Fed Reserve is to rein in inflation...Not once have I posted that the Fed Reserve was the cause of high inflation or that OPEC sets the price of oil as you falsely claim.

I might converse with you if you'd quit the straw manning.

 

What's not to understand? The US isn't self-sufficient in oil production and doesn't export greats amount of oil any longer so OPEC and other oil producing countries (like Russia) are setting the price of oil. BTW, there's another thread on Political Forum about India negotiating with Russia about oil since the US doesn't export greats amount of oil (to India or other countries)...You may just want to read that other thread.

Side note: Do you care that Russia may be setting the price of oil for The Ukraine, for example?

 

That's so wrong, it's actually funny... on many levels...

Thanks though, I was getting a bit tired of posting about bad parents..

 

And what regulations on production were you talking about?
And what amount of money?

 

You most certainly have posted something like your "OPEC controls the flow of oil and gas since Biden has prohibited new oil and gas production in the US."
OPEC has always controlled the price of oil.

You've not discussed the Fed with me.

 

It seems you're not aware of the simple thing that the consumer isn't getting any favors in this capitalistic world if or if not the oil produced is domestic. When some company in the US pumps up oil and they can sell it for 100 bucks a barrel on the world market, it simply will not sell that oil to a domestic consumer for less out of some dumb patriotic believe. The domestic consumer simply gets to pay that 100 bucks a barrel as well. And so the price on on the world market is simply dominated to what OPEC does as the main supplier and what everybody in the world needs.

The only thing achieved with a domestic source for oil, is that in the occasion that Saudi Arabia wants something or else will end the sale of oil to the US, it means the US can cope with that type of extortion. An extortion that could be happening to Ukraine. And as for Ukraine: it's a hornet nest. The previous pro Russian government got ousted by a coup. The pro Russians never voted for the current one. And most of all, the pro Russian people are mostly ethnic Russian. Who are we to say as outsiders that such a large group of ethnic Russians that totally dominated certain area's of Ukraine may not be part of a country with other ethnic Russians? Why on earth should I care that ethnic Russians who massively dominate certain area's of Ukraine, and radically think different from other people living in Ukraine, become part of Russia? I really totally fail to see any problem why I should be against it. It seems people are just being against Russians because they Russians... which is just racist, and never met anybody living even remotely near that place.

 

Mandate regulations are the regulations hindering the economy.

 

I posted other countries than the US control the price of oil since the US has become dependent on other countries for oil.

 

The GOP want to kill off all the old people so they won't have to pay so much Social Security money

 

What "mandate" regulations? You're not sourcing anything.

 

So what. American oil is not sold under market value since the US applies the capitalistic system. What other countries do is irrelevant.

 

Really, you can't comprehend mandate regulations?

 

Russia has become India's new alliance since the US doesn't export anymore oil. I imagine Russia will become Ukraine's new alliance since the US doesn't export anymore oil.

Do you see it? The US just isn't all that influential on the world stage anymore.
See, the Biden Administration's vision of America's role in the world is different than the Trump Administration's vision of America's role in the world: The Trump Administration wanted the US to take a role in the affairs of the world only when necessary and the Biden Administration doesn't want the US to take any role in the affairs of the world.