Inflation Gonna Pop: Thanks Trump

[red viking]

Producer Price Index rose 0.9% in only one month. That's skyrocketing. Over 10% pace annually if it continues. Will inevitably get passed down to consumers in coming months. Not sure if it will affect his approval rating though because it really can't get much lower, can it? But I've been wrong on that recently. It's dropping faster than all that extra fluid going to his ankles. 

Should Trump fire whoever put this report out? 

Edited 6 hours ago by red viking

[El Luchador]

[Caveira]

1 hour ago, red viking said:

Producer Price Index rose 0.9% in only one month. That's skyrocketing. Over 10% pace annually if it continues. Will inevitably get passed down to consumers in coming months. Not sure if it will affect his approval rating though because it really can't get much lower, can it? But I've been wrong on that recently. It's dropping faster than all that extra fluid going to his ankles. 

Should Trump fire whoever put this report out? 

Right after the stock market tanks 

[red viking]

14 minutes ago, El Luchador said:

Love the wingers hypocrisy.  When inflation was high under Biden, the sky was definitely falling. Now, suddenly inflation isn't a big deal. Neither is record setting deficit spending. The hypocrisy is UNREAL!!!

[red viking]

3 minutes ago, Caveira said:

Right after the stock market tanks 

10% ppi inflation will 110% get passed on to consumers. 

[Caveira]

8 minutes ago, red viking said:

10% ppi inflation will 110% get passed on to consumers. 

Your prediction history is sketchy and full of things that don’t occur.   

[red viking]

5 minutes ago, Caveira said:

Your prediction history is sketchy and full of things that don’t occur.   

Thats,a LIE. I did predict re-accelerating inflation under pedo Trump and here we are!!!

[JimmySpeaks]

Inflation popped a couple years ago 

[red viking]

6 minutes ago, JimmySpeaks said:

Inflation popped a couple years ago 

Then Biden brought it down. Now the pedophile is bringing it up again. Far cry from prices decreasing like he said they would. He knew this would happen. Total liar. 

[JimmySpeaks]

39 minutes ago, red viking said:

Then Biden brought it down. Now the pedophile is bringing it up again. Far cry from prices decreasing like he said they would. He knew this would happen. Total liar. 

Biden made it pop and barely brought it down after it popped.  Hasn’t changed much since then. 

[red viking]

13 minutes ago, JimmySpeaks said:

Biden made it pop and barely brought it down after it popped.  Hasn’t changed much since then. 

Umm....a 10+% rate is a monster jump. 

[JimmySpeaks]

1 minute ago, red viking said:

Umm....a 10+% rate is a monster jump. 

Still aways to go to get to Bidens pop 

[red viking]

13 minutes ago, JimmySpeaks said:

Still aways to go to get to Bidens pop 

That pop was initiated by pedo trumps policies b4 he left office. That's also the max rate that he had. 

[JimmySpeaks]

29 minutes ago, red viking said:

That pop was initiated by pedo trumps policies b4 he left office. That's also the max rate that he had. 

Wrong. Bidenfaltion was real and it’s never left. 

[WrestlingRasta]

Covid had more to do with inflation at the beginning of the decade than anything else.   There was an abnormal significant drop in inflation when the world shut down due to covid, then as expected when the world opened up again prices soared so companies could recover from their losses.  Midway through '22 inflation began a steady drop, pretty significantly  until mid '23 when it got to about 3%, and has been hovering between 2-3% since that time.  

[red viking]

2 minutes ago, WrestlingRasta said:

Covid had more to do with inflation at the beginning of the decade than anything else.   There was an abnormal significant drop in inflation when the world shut down due to covid, then as expected when the world opened up again prices soared so companies could recover from their losses.  Midway through '22 inflation began a steady drop, pretty significantly  until mid '23 when it got to about 3%, and has been hovering between 2-3% since that time.  

More the response to covid, like sending out checks to almost everybody while dropping interest rates to 0% and cutting taxes, etc. Trump initiated that and Biden continued it. 

[WrestlingRasta]

1 minute ago, red viking said:

More the response to covid, like sending out checks to almost everybody while dropping interest rates to 0% and cutting taxes, etc. Trump initiated that and Biden continued it. 

I figured that was a given...I don't think anyone was assuming the actual virus went in and set prices and interest rates itself.  

[red viking]

13 minutes ago, WrestlingRasta said:

I figured that was a given...I don't think anyone was assuming the actual virus went in and set prices and interest rates itself.  

You never know around here.