Biden inflation at 41% and rising!

A depression would not be ideal but it would definitely slow down inflation. Hopefully the FED can do one without doing the other.

Well this ain't exactly a "hot take" but it would seem the FED could've/should've began raising rates months sooner than it did.

Inflation hit damn near zero during the April/May covid crash of the stock market. Then inflation kind of came back a little bit as the market recovered... And then it really popped as we began coming out of pandemic lockdowns and jobs/ consumer demand began coming back.

Why the fed waited from April 2021 when inflation popped until January 2022 to make a move idk. Maybe they were concerned about what the effect of cutting off QE combined with raising the FED rate at the same time would have been.... Not sure exactly.

Hopefully inflation peaked last month but it's hard to say. If jobs continue increasing here without global and/or domestic supplies to match the corresponding consumer demand, it would seem quite possible that inflation continues going up.

The answer is simple. It is not working.

So...... Fire Trump's guy who is currently running the FED or nah?

Uh huh...keep living that fantasy, if it helps you sleep at night.

And you keep telling yourself that I'm living a fantasy.
:3

Re-read my post. Let that marinate in your brain a bit longer.

If you want me to address your post ok. Under Trump, "the economy" was basically considered (at least by people here on imgflip ) as:
1. Jobs
2. The stock market

Well the stock market crashed and unemployment skyrocketed in 2020. So by yall's own metrics, "the economy" actually did get pretty bad under trump.

And you might say well yabut the pandemic!! Or.. it was only temporary! True. And that's exactly what I would say about the situation right now. I think Trump is actually lucky he lost 2020 because now he can blame the aftermath of the pandemic (inflation) on Joe Biden and use that to run in 2024.

Anyways how bout YOU re-read MY post.
Then tell me which part is fantasy.
Then answer the question.
:)

" "the economy" was basically considered (at least by people here on imgflip )" that is your assumption not a fact. But I do not know where you are getting your info from, the stock marked was doing much better 2 years ago than what is now, we did not have an inflation either and shortages. And figures that you are still going to point fingers at Trump from the huge mess Biden is doing, but numbers speak, and where is Biden's approval rating? where is inflation now. Yeah keep lying to yourself.

"that is your assumption not a fact"

False. I would often talk to people here about "the economy" under trump.... especially if they would say it was crap under Obama and now it was great.... (Because both the stock market and unemployment trend line/chart basically continued the trend set during the Obama administration..).

At the low of the 2020 crash the Dow Jones Industrial Average had lost roughly 1/3 of it's value. Jack in the Box stock ( one I often follow and trade) went from $90 to about $15. Most stocks crashed quite spectacularly and I do not know how you missed that. I'm actually still kicking myself for not buying Jack during that crash in 2020. At the time Covid was just barely here though and we still had no idea how bad it would be, how long it would last, etc. I was concerned fast food and restaurants might be an industry particularly affected by Covid and still was totally blown away that Jack in the Box had tanked as far as it did. I had never seen it go that low, that quick and had no idea if it would go further nor how long it would last. Course hindsight 20/20 I clearly should've bought it or virtually anything else at the time. I might have more good buying opportunity if the market does end up crashing again now that the FED has cut off stimulus and is raising rates.

Anyway yes. Numbers do speak. Unemployment is currently 0.1% away from tying the best rate Trump ever had. Problem is global supply chains have not recovered quite as quickly as jobs. And as far as Biden's approval rating LOL! that is yet another example of the narrative here which has completely shifted.. I wonder if I had access to your comment history what the odds would be that I would find you proclaiming that polls / approval ratings are "fake news"...as so many other people here did.

"I think Trump is actually lucky he lost 2020 because now he can blame the aftermath of the pandemic (inflation) on Joe Biden and use that to run in 2024."

Exactly, otherwise it would have been these years of lopsided lumpy recovery tacked on to his resume.

Jack in the Box! Awesome! (There was one near where we lived when I was 5-8 and I've not been to one since we moved and that's the only one I've heard of in the Bx and it's been long gone too if I got that right)

He really dodged that bullet... With Afghanistan too. (assuming he would have followed through with pulling us out... Hard to say though. But in any case I don't think the outcome would be much different no matter who ended it)

I can't speak much to the restaurant itself or locations, I just follow the stock... And it is looking tempting once again.
:P

Clearly you do not know the difference between a fact and an opinion. But unlike you, I am not a paid troll, so I guess I will leave this as it is.

Have you had Covid or something?? I understand for some people long Covid effects can include like a "brain fog" or occasional amnesia. And if you already forgot about people here talking about polls being fake news, the economy= stonks+jobs, and the market crash of 2020 I would suggest possibly going to see a doctor.

"Paid troll" .... LOL!! I am flattered you think that I'm good enough at this to be a professional. Unfortunately I am only "paid" via my own amusement.
:P

Lol
☑️ receive daily insult on imgflip politics

The man currently in charge of the FED, Jerome Powell, was appointed by Trump. So I ask again... Should Biden kick him out or nah?

Why kick him out? This is the nuttiest thing I've ever heard. He can only do as he is told under Biden/Harris and mob. You should already know that. Now give it a rest.

Well.. Have you noticed inflation?

False. They can hire someone who they think agrees with them, fire someone, or theoretically they could install an "inside man" but Biden does not control him.

No. Powell is just following orders from Brandon. Somebody needs to kick Brandon out.

Source.

Your retarded

If you're going to try and call someone else dumb, I would suggest using correct grammar.