CNBC: Producer price inflation "coming in hot," accelerating more "than expected." pic.twitter.com/cgWYwvGO4g
— RNC Research (@RNCResearch) February 16, 2023
U.S. stock indexes fell Thursday morning as investors digested another hot inflation report that showed price pressures at the wholesale level rose more than expected in January, fueling concerns that the Federal Reserve will raise interest rates higher than expected.
federal experts say: Deficit set to hit $1.4T this year amid persistent inflation…
So are people flush with excess cash or are they spending what little they have before it’s worth less?
Yet … Retail sales UP in January … and the government statisticians, err scribes for the Democrat Party in Power, say that half a million new jobs were created.
And I’m hung like a racehorse, ladies. And Hunter Biden is the smartest man I’ve ever not met.
Ken Gee
and you are not as smart as a race horse!
Butt , you are probably as GELDED as one!
Butt GYM?? Fantasize much?
All of our institutions are corrupt and all of our elite are clowns.
Two years ago, I asked my MIL’s “financial advisor” what he was going to do about the coming inflation and interest rate hikes.
“I don’t think they’ll be much inflation”…
Anyway, happy MIL, happy life, so I didn’t say much, but it is eating into my wife’s inheritance…
Wrote this soon after we talked, haven’t had to change a word:
1) there is no threat of inflation due to the government borrowing then “spending” a trillion dollars
2) there is no inflation, like we said
3) there is some inflation, but not everywhere, and its not bad, so point 1 stands, please ignore point 2
4) there is some inflation in some minor areas such as fuel, housing and food, but its manageable
5) its only for a short time, just like two weeks to flatten the COVID curve, remember then?
6) inflation is actually good, Colbert says so, and who would know better than a celebrity millionaire?
7) the government has a plan for inflation if it ever really becomes a for real problem for real people
8) you’ll love wage and price controls…
9) its corporate greed that somehow didn’t exist two years ago, just started overnight
10) did we mention the inflation that isn’t happening, but would be great, is Putin’s fault?
11) overturning Roe will damage the economy
12) CTRL/H inflation/stagflation
13) CTRL/H stagflation/recession
14) CTRL/H recession/New Great Depression
Note: blame the conservatives is taken for granted for being 1a), etc.
Happier life when that turns from theoretical inheritance to cash in the bank. What is the definition of mixed emotions? When your mother in law drives off a cliff in YOUR new car.
Inflation, reflation, disinflation. Three words that describe higher prices. Based on my Porsche-o-meter people aren’t buying, sellers are starting to lower prices (10-15%), and nobody is panicking – yet. It’s like the calm before the tsunami as you watch people venturing out to the edge of the receding shoreline. Do you warn them, or head for higher ground?
I’m shocked. Hearing the truth on CNBC. Like that will ever happen again.
Whenever the MSM commits an actual act of journalism, I chalk it up the the fact that even a blind squirrel finds a nut every now & then…
Santelli often tells the truth. How he remains is anyone’s guess.
But I swear our beloved Bank of Canada leader declared “Mission Accomplished.”
No more inflation. No more rate hikes.
Everything is fine, ahh, situation normal.
“Luke, we’re gonna have company!”