Hahaha now $6!!

4.1% year over year inflation, but that's compounding on top of the over 20% overall inflation.

If you go back to Trump and start counting there, they say it's 20%, but if you use 1920s standards, it's closer to 100%.

What Biden/Harris is doing to the economy

It must be really frustrating to be a leftist to see things like this and..... Oops, I almost forgot.... Leftists live in fantasy land. Facts? They don't need no stinking facts.

Right now some lefty is calling this meme racist. It doesn't matter that there no racial component to the meme, they have to call it something and racist is their go to word for everything they don't like.

I can't find the comment you're referring to.
In fact, I don't see any comment at all having to do with anything about race

Yeah, you only play the race card when it's convenient. You still want to peg me as a racist because I was born in the South and some of my ancestors owned slaves but you can't because I don't hate anyone. That must really hurt you because you hate everyone.

It's your comment that brought up race.
I asked you what comment did you refer to as none could be found other than yours referring to race.

Actually..... I didn't bring up race. I brought up the left calling someone a racist. Because there are 3 sure things in this country; death, taxes and a leftist calling someone a racist for no reason at all.

Ok. Again, show me who did.
This is the question I've been asking you since yesterday.

YOU!!! When you called me a racist because of who my ancestors were.

No I didn't. Ever.

It's what you called me, however, many a time.

Unfortunately, I don't keep texts from conversations that I have had on ImgFlip, like you do. So I cannot just easily pull it out of my database to show you.

So all I can do is ask you do go look it up in your database and read what you said. Maybe you never said the word, "racist", but that definitely what you implied.

Of course you can't find it because it doesn't exist.

Yet you claimed I did it right here. On this thread.
Scroll up a couple, find it, post it

I'll wait,,,

"Yet you claimed I did it right here. On this thread.
Scroll up a couple, find it, post it"

Now you're just messing with me. I never said that and you know it.

Of course you didn't how many times already?

Yes, I figured that out a long time ago.

Facts:

• The Inflation Reduction Act was created in 2022

• Inflation peaked in 2022 and has generally been declining

• The OP is or at least claims to be a Democrat. ( "Leftist" ?)

"right now some lefty is calling this meme racist".
Is that in reality or fantasy land? 🤔

Just curious... yolo, how's your portfolio doing today?

Better the day after!

Ya the FED finally got what they wanted.... Inflation approaching 2% and less jobs/job growth. Not great for people looking for work or for stocks. Unless you've been waiting for a sale or to add to positions. (which I might..). But the dip so far just wasn't that impressive imo.

In any case, if inflation continues to go down and unemployment continues going up, I will expect the right to flip the switch back again....🙄

8yig3g.gif (click to show)

Better today!

Those are made up stats. Everyone knows it. Inflation is out of control. Prices just keep going up. It does not matter how many made up charts you are displaying.

The "inflation Reduction Act" had nothing to do with reducing inflation. It was the Greed New Deal with a different name on it. It included a tax increase on ever single working person in this country (except for those who earn between $10,000 and $20,000 annually).

The only way inflation can decline is if the government stops printing (or digitizing) money and they haven't done that. Inflation is the result of a devalued currency, nothing else. Money devalues when the amount of money in circulation is greater than amount of goods and/or services.

"'right now some lefty is calling this meme racist'.
Is that in reality or fantasy land?"

Amazing.... So it is possible for "some lefty" to look at something without seeing race. Then why is it everything else is racist? Why does the left label everyone on the right racists?

When was the last time some conservative or conservatives or all conservatives wasn't called a racist multiple times a day by the left? The left has overused your insults so much that it has no effect on us any more. The left has cried racist far too many times and no one is paying any attention any more. In fact all you really have done is revealed just how racist the left is.

Our money supply began skyrocketing under Trump and has only begun to subside under Joe Biden.

"Those are made up stats....Prices just keep going up. It does not matter how many made up charts you are displaying."

No, yes, and yes.

No, those stats in the prev meme are from the US Bureau of Labor Statistics. (To be fair maybe you're saying they made them up, not me.... (?) not sure..)

True. Generally speaking, prices keep going up. That's how inflation works. Their target goal is 2%. Every year. If you want prices to actually go down, that is deflation and it typically happens in a recession or depression... which the FED is trying to avoid but we'll see how it goes. 🤞

True. It doesn't matter what charts I put up, you will probably think they're fake news.

"tax increase on ever single working person in this country (except for those who earn between $10,000 and $20,000 annually("
Source? 🤔

As far as racism and the right..... retrumplican policy and rhetoric attracts racists like flies to sh*t.

If you're a white nationalist and the most important thing for you is a white America, Trump's policy of trying to severely restrict every single type of immigration coming here (legal and illegal), kicking out undocumented people already here, and trying to build the wall... That would clearly be appealing to a white nationalist.

The rhetoric would obviously speak to you as well.... the stuff against CRT & DEI, Mexico sending us rapists and murderers, sh*t hole countries, immigrants are poisoning the blood of our country.. I mean that directly parallels hitler.

Even the republican speaker of the house in 2016, Paul Ryan, described trump's comments as textbook racism.

I've seen tons of memes and comments here from the right as well. This might be the most recent one. But idk maybe im wrong.. racist or nah?

imgflip.com/i/8zceao

What's made up is his argument.
Me and antithesis explain this to him many a time for a couple of years. So even if he really didn't know, he does now. For at least 2 years.

I first posted this image of the USD compared to other currencies to him:

8kz5qb.jpg (click to show)

imgflip.com/i/8kz5qb

As can be seen on the page, that was four months ago. And I've done it repeatedly since.

He knows.

"No, those stats in the prev meme are from the US Bureau of Labor Statistics. (To be fair maybe you're saying they made them up, not me.... (?) not sure..)"

There was a time when the Bureau of Labor Statistics was fair. Since Biden they have been retroactively altering their data to make Biden look good. I've seen it. I wished that I had saved the stats from before Biden because I look at them now and they've changed.

Our government has just gotten more and more corrupt. I doubt we'll ever be able to trust anything from the government ever again unless we some how can clean out nearly everyone that works there. It no longer matters which party is in control, the output from the government is corrupt.

Trump campaigned that he was going to clean the swamp. He didn't. But he can only control what is in the Executive branch, not the Legislative and Judicial branches. He didn't even do that. And when he fired some of the people the Democrats screamed bloody murder.

It is going to take a super human effort. Unfortunately, that will never happen. Half of this country will fight to the death to keep that corruption in power and they don't even know they are fighting for corruption.

So I do not trust anything from the Bureau of Labor Statistics any more.

However, that being said. I have never been a Trump fan. I think he pretty much sucks, he just sucks a whole lot less than any Democrat. There are at least some positives that Trump did while in office. But printing (or digitizing) money is not one of the things that he did right. Seeing who the BLS has altered their charts, they didn't accurately depict the Obama years. He started all of that excessive printing. Back then it was called quantitative easing and it was an idiotic idea to salvage the economy after the 2007 economic meltdown. Bush started it but it was temporary. Obama picked it back up again and cranked up the dials and made it permanent. I knew Trump really didn't do anything about it. But Biden cranked the money printing up to 11. And that is why we have massive inflation, the kind we haven't seen since Carter.

"Their target goal is 2%. Every year."

Why set a target goal that isn't 0 or a negative number. Just stop printing and as the dollars come back in to be destroyed because they are in bad shape the value of each dollar will increase. Inflation will reverse and prices will decrease.

Continued...

"But Biden cranked the money printing up to 11. And that is why we have massive inflation, the kind we haven't seen since Carter."

Nope. As I said earlier M2 skyrocketed under trump and has only began coming down after Biden was elected. I'm sure you don't believe the stats though so moving on...

Nearly half of the post pandemic inflation was corporate greed / record profits. I talked about it a little at the time. Basically if you're a company and literally everyone's talking about inflation and blaming Joe Biden, what is to stop you from raising your prices disproportionately to increases in input costs and slapping up your own Biden "I did that" stickers on your shelves? Then you monitor the demand and notice hey... everyone's still buying whatever products at the same rate even with the higher price.

"Why set a target goal that isn't 0 or a negative number. "

Negative inflation (deflation) , is actually their big fear. It is associated with the great depression. If prices are noticeably dropping, consumers start waiting to buy stuff thinking the longer they wait, the cheaper it will be. The decrease in demand encourages stores to further lower their prices. Less income from the products means businesses have to cut costs, laying off employees. And so then there are even less people with jobs and money to buy stuff, so there is less demand... and it becomes like a downward spiral.

I mean surface level, deflation/ the value of the dollar increasing sounds good.... IF you are the person with a job, income, and money. If you're the person with a shop trying to sell the goods, maybe not so much.

Im pretty sure 2% inflation is seen as the most productive number for GDP etc, is not terribly noticeable for consumers, and has long been the status quo target. For at least a few decades I think (?) but not entirely sure.

Also not sure why I'm even bothering with this conversation considering that other one.

I mean I explained what attracts racists to the republican party ( policy and rhetoric... and I provided several examples). And your response was ok but "what is it that supposedly attracted them to the Republican Party?"

Like bro what I literally just told you.
🙄

Just because you didn't pay attention means that I am wrong. Biden is all about digitizing more and more money. He follows this insane Modern Monetary Theory stupidity, that the economic twits who came with even know is causes inflation. Its this stupid idea that if the government needs money they just print it. If it didn't have the side effect of causing hyperinflation then I would say, go for it. Because they wouldn't need my tax dollars any more. But I'm not a fan of hyperinflation.

It's not necessarily that you're wrong about them allegedly changing inflation numbers, etc. You just seem to have no evidence backing up what you're saying and I have no reason to believe you.

I've been making m2 charts and other graphs and such into memes for a while now. I havent noticed any changes. If you want to try and prove that they have changed, you might have to dig through MY memes...... seems ironic.

The government doesn't simply "print out money". And even when it increases the money supply, much or maybe even most of that is not printed at all, it's simply numbers on a screen. Think Bitcoin.... minus the blockchain.

He knows about Fiat Currency. I've explained it specifically to him (as well as the OP) many a time. His response is to make a quip about the car.
And he has stated quite a few times that he was around when Nixon officially took us off the gold standard in '74.

You'll notice the usual pattern is to start off with an actual factual tidbit, then midway through veering off into an inverse of the very fact he was citing and punctuating that profusely with Democrat and Marxist in a negative manner. Really it's the same standard paragraph over and over, with a partial truth plugged into the first sentence and then twisting that into its own negative mirror image within the standardized chassis.

You're right, that I have no evidence. So it just sucks to be me. Either I am right or I've lost my mind. I'm pretty sure it's not the latter.

And without evidence there's really nothing more I can argue about. Perhaps if I run across some news article detailing the BLS's corruption then I can present a good argument. I haven't researched that yet.

You're right, the government doesn't just only print money, they digitize it. Meaning the Federal Reserve extends money for whatever the government asks for. The exchange happens electronically.

The Fed does print some money. That's why there are cash registers at grocery stores.

Most of what happens is an electronic transfer of money. The more money is digitalized by the government the lower it's value. The lower it's value the more it takes to buy the basics of life.

What is produce, either domestic or foreign still holds the same value. Businesses cannot lower their prices just because the dollar is worth less. They have employees and vendors who are demanding the same value for what they provide to the business.

That's how inflation works. You can show me all the charts and graphs you want but unless they are detailing just what I am talking about then they are propaganda trying to make the party that always causes inflation look less innocent.

"There was a time when the Bureau of Labor Statistics was fair. Since Biden they have been retroactively altering their data to make Biden look good. I've seen it. I wished that I had saved the stats from before Biden"

Well I haven't seen it. And unfortunately for you, one thing I HAVE seen is people who lean right appearing to pick and choosing when statistics are real or fake.

Unemployment for one. It was allegedly fake when it was going down under Obama. Then it was real when it continued going down under trump. Then it was allegedly fake again when it went down under Biden. Now that it's going up I assume it will suddenly become real again. 🙄

So ya.. when I see you, anon memer on the internet who seems to lean right, saying that the stats are fake..... it's like here we go again. And apparently you don't have any evidence so that doesn't help.

I also question your claim on the motive, etc... To make Biden look good?

1. How many people even give a sh*t about the numbers? Ok inflation has been coming down since 2022.. big deal... Right now the total over 4 years is still well beyond the target 8% that would be expected (and would be less noticeable).

^And this is basically what people on the right tell me here all the time.

2. Would lower numbers make Joe Biden look good? Or Jerome Powell, the current FED chairman? Maybe it makes him look good indirectly for not firing him(?) not sure.. I guess considering the right has been screaming it's all because Joe Biden, maybe it would idk.

3. Considering the information is public, that seems like it would be an insanely risky move for very minimal reward.

4. If the number can be whatever they want, why would they put out the real number and then go back and change it however long (?) afterwards? I mean that would be literally creating evidence that it's fake. I mean why not just put out fake numbers from the beginning??? Changing it later just doesn't make sense.

"when he fired some of the people the Democrats screamed bloody murder."

Some...? Bro Trump's administration was a revolving door sh*t show. As soon as he hired someone it seemed like only a matter of time before they were replaced. I actually submitted a meme about it when he had just replaced one of em... (Mulvaney I think it was?). I put an hour glass and made it like a game.. place your bets how long he will last and such. At the time I thought my meme risked not aging well ...but the replacement did end up getting replaced.

Yeah, I know Trump spent money like a Democrat. That's one of the things I don't like about Trump. But if Hillary had won in 2016, the only difference would be that she would've spent more. And not one single Democrat would have cared at all.

"Well I haven't seen it. And unfortunately for you, one thing I HAVE seen is people who lean right appearing to pick and choosing when statistics are real or fake."

Yes, but that's not who I am. I am very conservative but I would never pick and choose if the numbers were not in my favor. I would just have to accept it.

But that's not what I saw. I saw the BLS report the labor participation rate go down under Obama, then go up under Trump until the Dems tried to kill the economy with the threat of a virus, they created under the direction of Fauci (even though Obama told Fauci to shut it down).

Since Biden, the BLS reported the exact opposite. It's disgusting.

What I am telling you is what I saw. And it made sense with what happened in the economy. Trump's economic boom wasn't caused by Trump. His meager tax cut had a minor positive impact on the economy. The biggest shot in the arm was Hidisinformation from Businesses all over the nation breath a massive sigh of relief. They began to invest in their businesses and that created a job boom. A huge one. And Dems hate that.

So now that the BLS has been corrupted Dems are full of piss and vinegar running around armed with their disinformation.

the last Demo who seemed to have an understanding of how to make the economy work was JFK. And he was a fluke because ever since Woodrow Wilson, Dems are on a campaign to collapse the economy and force socialism or one of it's variants down out throats.

Dems are economic illiterates.

You allegedly saw "the Labor Force Participation go down under Obama"... but "since Biden, the BLS reported the exact opposite. It's disgusting"

I had a discussion with someone about this a while ago. The chart right now from BLS is exactly as I remembered it. It is not the exact opposite of what I remember or the exact opposite of what you described.

Labor force participation went down steeply under obama following the 08 recession... but by the time of Trumps inauguration it had leveled out. Then 2019 it was slightly up. Then the 2020 crash. And it has rebounded almost all the way since the 2020 crash.

If you are saying Biden literally changed this chart for his own benefit, I am not seeing how. This chart doesnt really do him any favors. For him it is relatively ho-hum.... And for Obama definitely not.

And not sure what Hillary would've done. Maybe she would've spent more maybe not. Can't prove that either way. Isnt much of that congress anyway? Nobody seems to care what their party spends when they're in power anyway.

And I wouldn't bother bringing it up except that the right seems to think the spending didn't begin skyrocketing until Joe Biden became president, the post pandemic inflation is because of him, etc.

The only thing I will agree with on that chart is the COVID years. The left caused everyone to lose their jobs.

But It's just like the 2020 election results. After a pause for about an hour, instantly Biden had the exact same vote count that Trump had before the pause and vice versa.

Democrats don't create jobs, they destroy them. They don't understand economics or if they do they oppose sound economic policies.

At worst they are Marxists, at best they are Keynesians. Neither Marx or Keynes were capable of creating a prosperous economy.

Marx is anti-business and Keynes believed in passing the problem problem down to a future generation rather than solving it. Dems are both. There's a lot of Republicans who are Keynesians as well.

But what your BLS Labor Participation Rate is telling us that we didn't see the economic hardships under Obama and Biden and we didn't see the boom under Trump. You just cannot present malinformation like that. The BLS is wrong. Everyone did better under Trump then they did under Obama and especially Biden.

For the left to try to pass off a thriving economy under Biden is insane. It's not reality and everyone knows it.

Some may have forgotten the Obama years but I didn't. Obama even tried to tell everyone that they should just get used to it because "it's the new normal". Trump blew that statement out of the water. I remember the nations credit rating dropping 3 times under Obama. The only president to ever lower our credit rating. They must not be reporting our credit rating any more because Biden was much, much worse than Obama and Obama was awful.

Trump did a lot of things wrong. He spent money like a Democrat which kept Obama's debt to GDP over 100%. It stayed that way under Biden as well.

Malinformation

"As far as racism and the right..... retrumplican policy and rhetoric attracts racists like flies to sh*t.

If you're a white nationalist and the most important thing for you is a white America"

Fascism is NOT racism. Fascism is an political/economic system that share most of the same ideology as socialism, Nazism and communism. Some how many on the left just thinks that fascism and racism are synonymous, they are not. They not even related. Mussolini wasn't a racist. All he cared about was if you were born in Italy or not. If you were not born there then you had no value to him. Skin color didn't matter.

White nationalism is an contrived insult by the left. It is part of CRT where white people are all toxic racists. Nationalism is looked down on by the left because they support globalism. Here is something that you should consider. If we become globalists then we only have one government ruling the world. When that government turns evil then there is no place safe on earth. If you support each nations sovereignty then if one government goes evil then you can move somewhere else.

I think the smaller the area the worlds governments cover the better it will be for the people. Competition ALWAYS benefits the individual, even in government. What worked for the United States for a while was the idea that the federal government was weaker than the individual states. Each state was closer to being their own nation. If you didn't like one state you could move if you couldn't vote out the people and/or policies of the state. But now the federal has far more power than the state and the individual is weaker and lesser important than we have ever been in this nation.

I just don't care about the racial make up of this nation. All I care about is the ideology of the majority. If the majority believes and understands freedom then we'll be a great nation. If we keep heading down this path to collectivism then freedom evaporates.

And that is why "white nationalism" is completely and utterly irrelevant. It is a newer insult devised by the left because apparently a very small handful of leftists got tired of the standard insults (i.e. racist, sexist, homophobe, transphobe, Islamophobe, bigot and hater). All it will ever mean is the same as the standard insults and that is, "I don't like you because you do not think exactly like me."

Cool rant but it doesn't really change much of anything. It's a distinction without a difference. Feel free to replace "White Nationalism" in the previous comment with "openly self described racist" or "Klan member" or whatever you want.

My point is policy and rhetoric are exactly why white racists are drawn to the republican party and that is why the label is often applied to the right. Which is what you asked about.

"Mussolini wasn't a racist. All he cared about was if you were born in Italy or not. If you were not born there then you had no value to him. Skin color didn't matter."

What a relief. 🙄

"My point is policy and rhetoric are exactly why white racists are drawn to the republican party"

Why did the KKK and Neo-Nazis first make a home in the Democrat Party? Why did they leave? What is it that supposedly attracted them to the Republican Party?

The Republican Party vehemently opposes racism. You would never know that by the extreme leftist bias in the media.

It's a free country. The KKK and Neo-Nazis can join whatever party they want. That does not make the party racist. That just means there are idiots in a political party. There's still a significant number of racists in the Democrat Party.

The Democrat Party talks a good game but I would say that it is just as racist as they have ever been, and they were the proslavery party, the Jim Crow party. Democrat President Woodrow Wilson used the KKK and a back up to the Secret Service.

Democrats have just changed tactics but they're every bit as racist. They use minorities as vote farms. They use the threat of the big bad Republicans to keep them impoverished and voting Democrat. Did you know that prior to LBJ's Great Society, that blacks were on track to become some of the richest people in America. They strong families with the lowest divorce rate in the nation. They had one of the lowest crime rates in America. They did all this in spite of racism.

Then welfare happened. Poor people of all races soon adopted the model of single mothers with large families because they got more money from the government. Without a father in the home children did not have a male role model and soon turned to crime.

And this all happened by design because prior to the Great Society black were almost unanimously Republican. Because the Republican Party is the anti-slavery party. It's the reason the party was created.

Democrats had to change that and they had to keep the poor (which included most blacks) impoverished with the vague promise that the Democrats are helping them. And they are told the Republicans are all racists who (and, yes, some Dems have said this) want to bring back slavery.

The media is nothing but the Dems PR firm spreading all sorts of propaganda of who we are.

Now they're trying to convince people that Trump is a dictator.

I am no longer a Republican. I was most of my life and the Republicans have a whole lot that is just messed up with them. But nothing the left says about them addresses any of the stuff that is messed up with them. They fabricate everything.

You're conflating the South with the Democratic Party. Again.

The KKK and neo-Nazis have nothing to do with the Democratic Party, otherwise the party would have effectively been sued into obsolescence decades ago.

They do have much to do with racists in the former Confederate South, as well as States going West from which Southerners migrated into post-Civil War as well as during the Great Depression. That's why there's a heavier concentration of racists in that swath to this very day. Not only, but mostly.

Woodrow Wilson never utilized the Ku Klux Klan as a backup for anything.
Woodrow Wilson was not only a Southerner, born and raised, he actually lived through the Civil War. Again, Southern.

The Party of Lincoln never opposed racism. They opposed slavery.
Just because somebody's a Vegan doesn't mean that they would want freed cattle residing in their yards eating their prized azaleas and cute chrysanthemums.

After Truman introduced a civil rights plank in the 1948 DNC Convention, outraged racist Southerners began leaving the party, initially with the splinter Dixiecrats, then straight into the Republican Party. This increased with the ending of Jim Crow and segregation thanks to Truman and LBJ, the federal imposition of which Southerners referred to as "communism," as if that was somehow supposed to make desegregation seem bad to the less racist folks (Democrats) up North. It didn't.

The Republican Party had no problems with this, as exhibited by the Lily-White Movement Republican faction that sprung up in the South in the 1880s with the sole role of expunging non-'Whites' from the party's ranks. There was never a switch, just that the Democrats progressed while the Republicans chose to remain - what is that term? Oh, yeah, conservative. Enter Nixon's Southern Strategy, Goldwater, Reagan, and, well, you know the rest,,

Are we seeing a pattern here yet?

"You're conflating the South with the Democratic Party. Again."

You're confusing reality again

Inflation means inflation. Prices inflate because consumers insist on paying higher prices, supply and demand being a thing. No Hugo Chavez Socialisticated price controls here in Muh'Merica.

"Prices inflate because consumers insist on paying higher prices"

Are you living in an alternate reality? Just checking because here on good ol' planet Earth that is the polar opposite of what consumers do here.

No, I'm just not leaving in Venezuela.
Supply. Demand. Free market. Capitalism 101.

"Supply. Demand. Free market. Capitalism 101."

Cool. You can say words.

DUUUUUUUDE!!!!!