Inflation is Transitory! Inflation is Transitory! Inflation is Transitory!

The only reason to discuss things with him is to correct all of his misinformation. It's certainly not to change his mind about anything or to give him something to think about. That's not possible. So you just correct the misinformation and move on.

 

Poster (boy) for irony "There you go just as I said. You are just a biased lefty. On top of that, you have the nerve to post crap like in the following post about Nobel Prize winning economists as if I would trust any one of them as far as I can throw them" Then states others here have snowflake mentality after stating " Please, quit wasting my time with your democratic talking points garbage. I'm done with your blah, blah, blah"
Verbiage that would succinctly define a triggered snowflake. Priceless. Keep on digging!

 

Then please, post a link stating Trump's policies will not be inflationary.

 

So no link?

 

Inflation is never been transitory. The 20% increase since Biden took office is baked in. Everything you buy for the rest of your life is going to have a 20% kicker things are gonna cost 20% more for the rest of your life. Enjoy.

 

Well, that’s the way it generally works, no?



But when people were referring to “transitory inflation” they were referring to some of the stuff that had parabolic moves that were really boosting that top line inflation. Things like lumber and building supplies and eggs had reasons which mostly resolved themselves, and yes prices are way back down on those certain commodities.

I don’t think people (at least anyone with basic economics and some critical thinking ability) expect service industry inflation to reverse itself, because much of that is baked in the cake with labor costs.

 

That’s only half the cost of living. Any idea what the other half is doing?

 

He knows Obama is Biden's daddy... still in control.

 

You mean the one where she admits that inflation IN NOT TRANSITORY like she originally lied about?

 

This reminds me of a twitter post that was shown on TigerDroppings... Some bought a list of things from Amazon 4 years ago and then did repurchased that same exact same list again recently and it was 4 times as expensive as it was just 4 years ago. I don't trust these numbers on inflation to tell the whole truth about the prices of goods and services. Inflation is far higher than these people are stating it is.

 

Now hold on a second, Rick. You're not telling us you actually believe there might exist a...a...a conspiracy are you? Stop the presses!!! Really?

 

The MSRP on a 2024 Triumph Speed Triple is 27% higher than the 2020 model.