To quote Reservoir Dogs : "How much inflation is THAT?" "A lot." Also, though; why are you telling us any of this?
Dumb shitpost ever. Trump griped for cuts when the rate was in the 2’s. Couching that with claiming the rate was raised to 2.75% earlier is unworthy of anything but mockery. Enjoy the smell of that post.
when you explain for each time you were wrong over last year, start at jackson hole 2023, i'll explain why i differ with feds if the data doesn't support cutting. deal?
interpreted - i do not have a counter for the truth after i foolishly brought up july 2019 thinking i had a slam dunk. dang!-----obama had zero interest rates for his two terms. trump had his his punch bowl taken away too early, and the fed allowed biden to deliver the worst inflation in over 40 years while ignoring the indexes for 9 months.
old saying about trying to teach a pig to sing is what comes to mind when I'm only seeing one half of these discussions
Derp derp Trump had higher inflation than any other first world nation in 2018 other than Norway and was calling for cuts. He’s a transparent microorganism.
Because you should know when you cast your vote in November that you are voting for more of the same, higher inflation that apparently Powell is willing to accept more of than in the past. Inflation is a killer. You are also voting for higher taxes to pay for all of Kamalanomics green scam communist agenda. She plans to raise new taxes of all sorts plus let the Trump tax cuts expire which is an indication that "I won't raise taxes on people earning $400,000 and less" is a complete farce. The other indication is Harris is trying to walk back taxes on tips too which is a knock on her unkept promises, hired a division in the IRS to do it. Under Kamala Harris, you can forget recession, the US is headed for a depression. Don't be a hypocrite. How many times can you say Orange Man Bad, rapist, traitor, and convicted felon. File it under what is fair for the goose is fair for the gander.
You are actually comparing Trump's 2.9% peak to the Biden/Harris worst inflation crisis in over 40 years? LOL! You've seen enough of my post to know I don't care what happens in other countries, globalism, as I stay focused on the US first. Still nothing to cover the apples-to-apples stats I provided. Bashing Trump which is your ultimate fallback won't do it. Just admit the Fed cut into lower inflation indexes in July 2019 than they will be doing in September 2024, presuming the Fed actually cuts.
Except I’ve never once predicted a rate cut on here. That’s all you. I can show you receipts of your incorrect predictions. Can you do the same for me?
Powell opened his 2023 comments at Jackson Hole by stating “My remarks this year will be a bit longer, but the message is the same: it is the Fed’s job to bring inflation down to our two percent goal, and we will do so.” Last year “message is the same.” This year “the time has come to adjust policy.” See the difference?
Show me the receipts of when I predicted rate cuts dating back to Jackson Hole 2023. I'm calling BS as none exists. Lefties here have been calling for rate cuts for a year. If you say you didn't chime in with the lefties, I believe you as I could care less to do a search of your posts.
I’m only talking about how you were adamant there would be no rate cut in September. And now there will be one. When you keep getting shit wrong after acting arrogant about your positions don’t get fussy when you get called out on it.
100% wrong. Two sentences after my last quote from 2023. “We are prepared to raise rates further if appropriate and intent to hold rates at a restrictive level.” Trump lied to you. Receipt below. Speech by Chair Powell on the economic outlook
He is now not arguing with not the Libtards on the board, but the chairman of the federal reserve and taking Powell’s words from 365 days ago and replacing the word increase with the word cut. Kinda changes the meaning of the message. Can’t help everyone.
I'm not fussy or arrogant. That's your perception. If anything, you are being confrontational, big surprise for a lefty. Until the Feds cut, I haven't been wrong at any time over the last year.