JazzyFresh
Banned
Interesting I just spent a week with him and not once did he forget mid sentence what he was talking about. No kidding.
Thread for responding to lies spread by JazzyFresh
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JazzyFresh
Banned
And interesting how you call inflation good.. How is inflation good? That's dumber than 2pc. saying socialism is firetrucks when I asked him to define it(he should move to Cuba and lecture them with his brilliance). How does making everything more expensive help low income families? How does paying more for everything help anybody?
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gandalfe
Well-Known Member
I'm glad I unhid you, because it's proven once again that you deserve to be ignored.
LMGTFY - Let Me Google That For You
For all those people who find it more convenient to bother you with their question rather than to Google it for themselves.
JazzyFresh
Banned
Hell I'll make another bet that Bidens net wealth increases... Hunters we already know is. Off art when he's never been an artist
Bye. Thanks for being dramatic and telling me lol. I couldn't care less though.
Lol who are you?!I'm glad I unhid you, because it's proven once again that you deserve to be ignored.
LMGTFY - Let Me Google That For You
For all those people who find it more convenient to bother you with their question rather than to Google it for themselves.lmgtfy.app
Bye. Thanks for being dramatic and telling me lol. I couldn't care less though.
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The Thriller
Well-Known Member
Yep. We all make that mistake. He’s a ****ing moron. Not even a very good troll either. He’s pretty boring honestly.I'm glad I unhid you, because it's proven once again that you deserve to be ignored.
LMGTFY - Let Me Google That For You
For all those people who find it more convenient to bother you with their question rather than to Google it for themselves.
JazzyFresh
Banned
Yet you continually respond to me and somehow know the conversation yet I'm on ignore. Talk about cowardice. I don't troll but I know you're listening and just can't help yourself.
"I'm going to ignore you, but by ignore I'm still going to read your post and just not quote you when I respond to the very questions JF asked"
Thats...not ..ignoring...
That's why I continually talk to you, I know you're reading my post. Other guys like silesian, GF, giraffe(or whoever just responded), red(until he quoted me), even good ole 2pc has ignored and I try to leave them alone yet they always comes back.
Stick to your guns. Ignore me. It's best for your mental health.
People start from different places and have different habits. One person might pause, another might go off on tangents, producing a word salad because they like the sound of their own voice.
It depends on how much there is. We are looking at about 3.4% this year (which is a little higher than most economists want, but by no means hyper-inflation nor a disaster), backing off to about 2% next year, which is pretty much in line with the Fed's goals.
JazzyFresh
Banned
Why do you never answer questions?
You said inflation is good, explain... How is inflation, the highest it's been since Obama 2009 good?
JazzyFresh
Banned
WASHINGTON (AP) — Inflation at the wholesale level jumped 1% in June, pushing price gains over the past 12 months up by a record 7.3%.
The Labor Department reported Wednesday that the June increase in its producer price index, which measures inflation pressures before they reach consumers, followed a gain of 0.8% in May and was the largest one-month increase since a 1.2% rise in January.
For the 12 months ending in June, wholesale prices are up 7.3%, the largest 12-month increase since the government began the current series on wholesale prices in 2010.
The Labor Department reported Wednesday that the June increase in its producer price index, which measures inflation pressures before they reach consumers, followed a gain of 0.8% in May and was the largest one-month increase since a 1.2% rise in January.
For the 12 months ending in June, wholesale prices are up 7.3%, the largest 12-month increase since the government began the current series on wholesale prices in 2010.
JazzyFresh
Banned
While last week's [consumer price inflation] data already confirmed end-prices are rising at the fastest clip in more than a decade, the PPI showed no let up in sight with intermediate costs continuing to pick up further back in the pipeline," wrote Wells Fargo economist Sarah House in a note to clients.
www.google.com
This is "good"
Key inflation indicator records biggest jump on record
Another key inflation indicator flashed a warning sign in May: Producer prices jumped a record amount last month.
www.google.com
This is "good"
JazzyFresh
Banned
You guys are trying to tell me paying 300% more for lumber is good, a roll of 6/3 wire that used to be $230 is now over $500. Water heaters have went up over $150 per unit. Copper per foot is up over a dollar. PVC has went up anywhere from ,20 for 1/2" to $1.50 for 6", per foot. That's a lot of money for irrigation experts (something illegals do outside of picking fruit like racist guy claims). Nuts and bolts have had a dramatic increase that's coming next month. Our paint went up $1 per can in March.
Basically every item in my store is going up daily. Things like shark bite fittings, abs, abs glue(twice in 6 months), vinyl letters, open/closed signs, soaps, spray paint, o-rings, trimmer line, roundup, air filters, electrical boxes, receptacles... Hell literally I'd say 75% of my store. And that's just hardware.... That's not even including things like gas and groceries.
How in God's name is this good? Basic... and I mean very basic economics is definitely not Democrats strong suit. Now another 3.5 Trillion dollars is being forced through by dictatorship..
Where does this mass amount of $$$ come from?!
Basically every item in my store is going up daily. Things like shark bite fittings, abs, abs glue(twice in 6 months), vinyl letters, open/closed signs, soaps, spray paint, o-rings, trimmer line, roundup, air filters, electrical boxes, receptacles... Hell literally I'd say 75% of my store. And that's just hardware.... That's not even including things like gas and groceries.
How in God's name is this good? Basic... and I mean very basic economics is definitely not Democrats strong suit. Now another 3.5 Trillion dollars is being forced through by dictatorship..
Where does this mass amount of $$$ come from?!
Quite frankly, I'm not an economist. Any explanations or debates between us would be ill-informed and pointless. So, here's a clearly written link by an expert. I expect if you want to continue this line of discussion, you'll produce a similar link that specifically addresses low levels of inflation.
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When Is Inflation Good for the Economy?
Find out why some economists and public policy makers believe that inflation is good, or even necessary, for economic growth.
Lumber prices (and everything else) will go back down as the economy normalizes. The economy behaved in similar ways after the pandemic of 1918-1919, to my understanding.
I can appreciate how, as hardware store manager, this is particularly difficult for you.
JazzyFresh
Banned
YOU PROVIDED A LINK!!!! BY GOD I FINALLY GOT TO YOU!!!!Quite frankly, I'm not an economist. Any explanations or debates between us would be ill-informed and pointless. So, here's a clearly written link by an expert. I expect if you want to continue this line of discussion, you'll produce a similar link that specifically addresses low levels of inflation.
When Is Inflation Good for the Economy?
Find out why some economists and public policy makers believe that inflation is good, or even necessary, for economic growth.www.investopedia.com
JazzyFresh
Banned
Many economists, businessmen, and politicians maintain that moderate inflation levels are needed.Quite frankly, I'm not an economist. Any explanations or debates between us would be ill-informed and pointless. So, here's a clearly written link by an expert. I expect if you want to continue this line of discussion, you'll produce a similar link that specifically addresses low levels of inflation.
When Is Inflation Good for the Economy?
Find out why some economists and public policy makers believe that inflation is good, or even necessary, for economic growth.
Key word "moderate" not record breaking btw. I'm still aghast at an actual link though.
The BLS reported that the CPI rose 0.9 percent from May, nearly double what Wall Street analysts had predicted, leading to a year-over-year CPI increase of 5.4 percent, the highest in 13 years
The core inflation growth statistic, which just measures the increase in consumer goods, minus energy and food, showed a 4.5 percent year-over-year increase, which is the highest since 1991.
From a socialist website
From a dictionary
mod·er·ate
See definitions in:
adjective
/ˈmäd(ə)rət/
average in amount, intensity, quality, or degree.
Because, link now, even though you've seen a link, you're still arguing the point without actually absorbing the link.
We've had a very serious recession in the last 13 years, and a 5.4% rate is not even close to "record-breaking".
JazzyFresh
Banned
From CNN
New York(CNN Business)Prices keep rising in the United States, putting a squeeze on American consumers' wallets. That trend got worse in June
Do I have to define squeeze and worse for you? Read this... You'll understand BASIC economics.
www.google.com
New York(CNN Business)Prices keep rising in the United States, putting a squeeze on American consumers' wallets. That trend got worse in June
Do I have to define squeeze and worse for you? Read this... You'll understand BASIC economics.
Prices keep soaring: Inflation rockets to a 13-year high
Prices keep rising in the United States, putting a squeeze on American consumers' wallets. That trend got worse in June.
www.google.com
JazzyFresh
Banned
mod·er·ate
See definitions in:
adjective
/ˈmäd(ə)rət/
average in amount, intensity, quality, or degree.
So you think CNN is a trusted news source now? Please answer yes or no.
In ay case, the cause of this inflation, according to the article you linked, are the current supply chain shortages. These will be rectified by businesses in due course. Why don't you trust the American economy? Why do you hate capitalism?
In 1919, the inflation rate was over 14.5%. So you are correct, the current rate is not moderate. We actually have a very low inflation rate compared to other periods immediately after a pandemic.