https://www.msn.com/en-us/money/mar...ss-along-rising-costs-to-customers/ar-AAKZK7k There is no way the FED can fix the Country they have destroyed. Politicians both on the LEFT and on the RIGHT have closed their eyes and signed off on each new disaster over the past 35 years. This is the outcome from 35 years of Deregulation, Free Trade agreement, Glass-Stiegel, 2008 banking bailout, 2000 dot come, 1983 Huge tax cuts to the rich, Unemployment benefits not going up with Real Inflation, lack of honest Inflation index using CPI, and much more. It is a wealth transfer, not exactly engineered in the 1980s. Yet it was then when Art Laffer suggested supply side economics, trickle down would help the American. Everything we have done over these 35 years is the result of the previous 4 year admin. Reagan cut taxes to stimulate a dead Carter 4 years. This was to be temporary, if it had been and we put the taxes back, things would be much better now. Had we taken an extra 40% from the top 1% for the last 35 years, the debt would be 20% of what it is today. At the same time we told everyone (Americans) it is GOOD FOR YOU that black and decker wants to mfg. in China, thus the products will be cheaper. Yes, for a ONE OFF, this is true. Yet, as an American, with American workers losing jobs to china, at the time you should tariff the difference in the cost of the drill or tool. We did not do that. We let the Globalists run off and take every mfg. job from America and Move it overseas, 90% of that too China. Now, we have the same Americans that supported Reagan, and Bush screaming at the Chinese for doing what we handed them. Once Clinton came on board he made things worse by doing so little, he didn't put things back to the way they were as he had promised. Bush Jr started wars, and along with Clinton help create the housing bubble. Why ? Once again, to stimulate the economy. Our politician each time elected promise to make things better, always stealing from the people or pulling forward debt. This has destroyed our NATION and there is no way out. Now we have the FED basically running the country, they decide everything. Politicians only sign off on it and play outside of reality. They are busy playing TV identity politics, muslims, jews, the poor, the rich, the liberal, the neocon. and so on. None address the real problems that still exist today. The dollar is in HUGE trouble and it wont be long until the world looks for a different reserve currency, at that point it is just an end game for Americans. You will become no better off than a Mexican, an Argentinian, a Brazilian, because your DOLLAR will not have the power it once did. Your grandparents, and some of our parents lived at the only real GOOD time in America. From 1937 - 1987. After that they started to strip away your rights, your ability to EARN and grow EASILY from "JUST A JOB" First it was 2 members Mom and dad working to grow wealth, savings, college for the kids. Up to today where for 50% of the nation 2 working parents can only pay the bills. You cant save, you cant buy another new home, take a vacation. For those that seen this coming and prepared, kudo's too you. To those that are highly educated, work a white collar job making over 100k a year, congrats, you are in the minority of people who have barely kept up with real inflation. We have a group of 50, maybe 250 Oligarch's that now decide with the FED, their family and friends what happens to this country. Each one of them up to this point has shown nothing but contempt, greed, and self loathing inability to understand the outcome of their greed. I suspect they will pack up and leave here for a better place once everything is striped out of this country. Maybe to Israel, or too another country they can rape. One that has the laws in place we once did. If you have not prepared, read a book, Robert Reich's "the system" who rigged it and how we fix it. That is a start, for yourself, you had better start saving, and not in cash. Cash is a losing prop. Gold and silver, real estate once and if the prices come back down. You need to hedge inflation. China, Russia, and other country's have prepared for this by buying GOLD. All I do is throw out the truth. We bought rentals back when they were cheap and now collect rent as income. Real Estate agents, and others will tell you it is "too much work, too many headaches" you should be glad to have both. Just know, know for a fact that soon you will not be able to pay your bills with an everyday out of high school job. That is when things will start getting real bad. You CANNOT, NEVER EVER in thousands of years of Government and financial history been able to PRINT your way out. Making more dollars only decreases the value of the existing dollars.
I filled my truck up Friday, $82 bucks! Don't worry people will understand inflation real well by the next election Gas prices drive retail cost, yes sir, the people will learn real quick the difference a President makes!
You know what that definition of insanity is....seems to be the guiding principle of the government. NOTHING in the history of the world has proven "too big to fail".
The president doesn't control the means of production or the distribution along with the pricing of the gas product set by the free market, the capitalist however do...If the president did control the prices then the prices would not have fallen so sharply under Trump and had increased by 100% before he left office.
Really? So pipelines and Russian cyber attacks are not a president concern then.. Now I understand why the "They's" keep you where they do You forgot to blame COVID and the Chiners too
Maybe you should rest your inflamed brain from "they's" con-spiracy networks, and let corporations learn to pay for their own cybersecurity. Now, can you answer how many times the US intelligence community has cyber security hacks and attacks against its enemies and fellow competing nations? Nordstrom II was being built no matter what the US wanted there is no way to stop it since Europe wants it more than they want our liquefied natural gas.
Maybe you should ask the "Theys" to be freed for time to time to expand yours? As gas prices soar, Americans can blame Joe Biden Hey I get it! You all think we are already running distribution system on electric produced by dilithium crystal plants and oil and gas has no baring anymore of the price of good BTW. I bought two sheets of plywood last week $173 bucks, that's sort of thing shouldn't effect housing or anything wood related right
I know we are using diamonds and atomic waste to create batteries..yet that has nothing to do with the price of fuel in April 2020 for .97 cents in Goodman, Mo https://www.ky3.com/content/news/Re...s-averaging-135-in-Springfield-569770131.html going to: As of Tuesday, December 22, the average price for gallon of regular unleaded gas was $1.94. That’s 8 cents more than the week before. https://www.kfvs12.com/2020/12/22/gas-prices-mo-spike-ahead-holidays/ Now, tell me again how Trump controlled the price of fuel between April 2020 and December 2020 which made it double in price...
You tell me why every time a Democrat gets the seat it goes up? Regardless, if biDUHm doesn't get a handle on it it will bury his stupid ass in the long run
Why does it go down when a democrat is in office? Your logic is more opinion and less truth. The capitalist control the means of production, why is that so hard to fathom since this is a capitalist society..
It is no surprise that gas prices fluctuate.Why did Trump let it rise in price when he was in office, the same reason that Biden does? Does that fit yer narrative a little better?
Hell bro don't be so hard on yourself, try and claw your way out from under the boot's of the "Theys" and you will be fine!
Decided a few years back just to ignore politics the best I can. Thought if Trump kept on going he certainly would, if he could, and he still might, take it over, like Putin. Then out with any kind of freedom. Just like Hitler, none of them come in telling you what they are really looking too do once they gain the power. I have nothing better to say about BIDEN, I am from Delaware, so I know ! He voted for all of this BS and is one of the BANKSTER friends. They control it all, he and Harris have been puppets for years. It is just a doomed economically not sound system. I know because I watch GOLD, and Silver closely. Why it has not kept up with Inflation at all. Yet, still has a better return than stocks in dollar value. Anyway, all commodities are going up except GOLD, why ? Because THEY (the banks control the price) and they dont want SOUND money, they want the piss poor dollar to control things and will let it dissapear away.
We have passed the tipping point - and will continue to print and print until we can no longer afford the printing press.
I bought 9 sheets a 2x4x8 non-pressure treated is now $9. It's nuts and Democrat voters will blame everything except Democrat policies (shutdowns/masking-up, pay people to sit at home, shutting down pipelines)
So, let's assume Trump had won re-election. What do you think you'd pay to fill up your truck today? What exact policies of Biden's led to inflation, when he is in office only for 4 1/2 months? I know, I know, Fox tells you it is the Keystone pipeline. That's not it, however, because the current inflation is a demand-pull inflation, because demand strongly outweighs supply, due to the covid supply chain issues. What exact policies of Trump would have fixed the covid supply chain issues? How would he have created computer chips, the lack of which currently sends car prices through the roof? Inquiring minds would lie to know.
Look at it at the bright side - if there is high inflation/hyperinflation, most Americans have nothing to loose since they have no savings. And their mortgages will be paid off very quickly.
Trump at the end of April threatened other countries to lower production, that lowers supply, thus the price increase when demand picked up "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 "Trump threatens 'very substantial' tariffs on imported oil if Saudi Arabia and Russia can't reach a deal to push prices back up" https://www.insider.com/trump-threatens-saudi-arabia-russia-oil-tariffs-2020-4
