How has Bidenflation affected you?

[Al-O-Meter]

As if Trump wouldn't have done the same thing. Your arguments are so ****ing weak. Step it up dude.

I don't think he would have. I also don't think he would have cranked out a trillion dollars in unconstitutional student loan forgiveness in an effort to buy votes. I don't think that Russia would have invaded Ukraine causing food and energy prices around the world to rise. Biden may not be as responsible for global inflation as Fauci when his Frankenstein virus escaped the Chinese lab he had contracted to build it, but that doesn't mean he is blameless either.

 

[Sardines]

 

[Deleted member 365]

Apparently Trump has already fixed inflation and the economy before even taking office. Almost like partisan identity determines personal economic outlook more than the actual facts and realities we live in

 

[fishonjazz]

Apparently Trump has already fixed inflation and the economy before even taking office. Almost like partisan identity determines personal economic outlook more than the actual facts and realities we live in


View attachment 17621

So predictable.

Sent from my OPD2203 using Tapatalk

 

[LogGrad98]

Apparently Trump has already fixed inflation and the economy before even taking office. Almost like partisan identity determines personal economic outlook more than the actual facts and realities we live in


View attachment 17621

Huh, imagine that. The pull of the cult is stronger than reality. Just ask anyone who survived the Moonies. Or who escaped the Mormon church.

 

[fishonjazz]

Its so sad that no one can afford anything due to this horrible biden economy so we will certainly have historic low holiday spending this year and no one will be getting anything for christmas.

Now that the sarcasm is out of the way I bet we will see record spending this year. Even though no one has any disposable income.

 

[Al-O-Meter]

I bet we will see record spending this year.

You are really going out on a limb there. That number is set in dollars spent, and thanks to inflation, the dollar is worth less so it takes more of them to buy the same stuff. Your prediction is essentially that there has been inflation.

Try this one:

How much did you pay for your Toyota 4Runner? A new one will cost you over $63k

2024 Toyota 4Runner SR5 For Sale in Frederick, CO - JTEMU5JR3R6302629 - TrueCar

This 2024 Toyota 4Runner SR5 is for Sale in Frederick, CO. Color: Midnight Black Metallic- Transmission: Automatic - VIN: JTEMU5JR3R6302629

www.truecar.com

 

[str8line]

Its so sad that no one can afford anything due to this horrible biden economy so we will certainly have historic low holiday spending this year and no one will be getting anything for christmas.

Now that the sarcasm is out of the way I bet we will see record spending this year. Even though no one has any disposable income.

US consumers go on holiday spending spree

Online sales in November surpass $77 billion, on pace to exceed predictions.

www.ksl.com

 

[Sardines]

You are really going out on a limb there. That number is set in dollars spent, and thanks to inflation, the dollar is worth less so it takes more of them to buy the same stuff. Your prediction is essentially that there has been inflation.

Try this one:

How much did you pay for your Toyota 4Runner? A new one will cost you over $63k

2024 Toyota 4Runner SR5 For Sale in Frederick, CO - JTEMU5JR3R6302629 - TrueCar

This 2024 Toyota 4Runner SR5 is for Sale in Frederick, CO. Color: Midnight Black Metallic- Transmission: Automatic - VIN: JTEMU5JR3R6302629

www.truecar.com

If everyone done spent all their money on eggs and gasoline there will be nothing left for the manufactured garbage that is 90% of all holiday gifts.

 

[Al-O-Meter]

If everyone done spent all their money on eggs and gasoline there will be nothing left for the manufactured garbage that is 90% of all holiday gifts.

That is not how inflation works. You are confusing inflation with an economic downturn paired with inelastic demand. They are different. They do sometimes accompany each other, and when they do it is termed "stagflation".

Inflation is just the devaluation of the dollar. Eggs cost more dollars. Gasoline costs more dollars. Your labor costs more dollars. Everything costs more dollars. The amount of eggs or gasoline you can purchase with the value of an hour of your labor is roughly unchanged. It is only the dollar amount that is different because the dollar is worth less of your labor, less of eggs, less of gasoline.

We aren't in a recession. We have had an inflationary environment that will show as record spending in terms of the number of dollars.

 

[Sardines]

That is not how inflation works. You are confusing inflation with an economic downturn paired with inelastic demand. They are different. They do sometimes accompany each other, and when they do it is termed "stagflation".

Inflation is just the devaluation of the dollar. Eggs cost more dollars. Gasoline costs more dollars. Your labor costs more dollars. Everything costs more dollars. The amount of eggs or gasoline you can purchase with the value of an hour of your labor is roughly unchanged. It is only the dollar amount that is different because the dollar is worth less of your labor, less of eggs, less of gasoline.

We aren't in a recession. We have had an inflationary environment that will show as record spending in terms of the number of dollars.

Pay does not adjust in synch with inflation. It lags by years typically, the lower your relative pay the more it lags if it ever catches up.

 

[Al-O-Meter]

Pay does not adjust in synch with inflation. It lags by years typically, the lower your relative pay the more it lags if it ever catches up.

Rises in the cost of labor sometimes lags inflation, and sometimes rises faster than inflation. Rises in the cost of eggs sometimes lags inflation, and sometimes rises faster than inflation. Inflation is a measure of the aggregate. Certainly not all commodities will see an identical change at an identical rate. That is simply a fact of the market, but it doesn't mean inflation isn't real or that a broad measure like holiday spending won't reflect the devaluation of the dollar a.k.a. inflation.