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Is Inflation.....

PawsFan_

The Jack Dunlap Club
Gold Member
Dec 18, 2019
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still transitory?

And is it still Putin's fault?

Asking for a friend.

The friend also want to know when he can buy some of Hunter's artwork. He heard it could land him a sweet job.

Got to love those gas prices. It's a shame the capital isn't there to increase domestic production. Oh well, maybe the Saudi's have forgotten Joe called the Emir a murderer and will increase production again.
 
Just fuel cost alone has increased approximately 155.00 per month since Biden took office for people using approximately 20 gallons per week. This is based on fuel cost at a local gas station here in the upstate. I was on a local lake this weekend and paid almost 5 bucks per gallon to fuel up the pontoon.
 
I just mean that I don’t have some mathematical trend to share. The CC bills seem bigger than ever though. By a lot.

I was just messing with you. We've been tracking our grocery store spending and it's gotten astronomical. Grocery prices have skyrocketed. Gas too obviously.
 
Eh, even noted left winger Jim Cramer has stated numerous times on TV that Joe Biden targeted oil companies the first day he took office.
Cramer has said a hundred times he’s not left or right, just for whoever’s going to be the biggest whore (I’m paraphrasing) for the stock market.

There’s a 14m bpd deficit on the global market currently, and has been for the last 16 months. The Saudis cutting production since they don’t like when oil is $100/b, and Russia being black listed from the global market, are the leading causes of higher global gas prices.
 
noted left winger Jim Cramer

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Biden has been shitting on gas cars for years. If gas was $1.50 the media would be praising his name
‘Feeble old man said gas is bad’ is your official reason for high gas prices? With analysis like that how could you be duped? Impossible.
 
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E
still transitory?

And is it still Putin's fault?

Asking for a friend.

The friend also want to know when he can buy some of Hunter's artwork. He heard it could land him a sweet job.

Got to love those gas prices. It's a shame the capital isn't there to increase domestic production. Oh well, maybe the Saudi's have forgotten Joe called the Emir a murderer and will increase production again.
Energy and food are not calculated in CPI. To protect our lords.
 
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Energy and food are not calculated in CPI. To protect our lords.

Food prices up 5.7% YoY in June. Outpacing CPI.

 
Eh, even noted left winger Jim Cramer has stated numerous times on TV that Joe Biden targeted oil companies the first day he took office.

I can assure you that you do not want to get into a debate about gas prices or anything like else related to oil production with @WapPride .
still transitory?

And is it still Putin's fault?

Asking for a friend.

The friend also want to know when he can buy some of Hunter's artwork. He heard it could land him a sweet job.

Got to love those gas prices. It's a shame the capital isn't there to increase domestic production. Oh well, maybe the Saudi's have forgotten Joe called the Emir a murderer and will increase production again.

Inflation, gas prices and food prices are up worldwide. Thankfully, the US, under Joe Biden’s leadership, is outpacing the rest of the developed world in addressing those issues.

Every true American should celebrate this.
 
Food prices up 5.7% YoY in June. Outpacing CPI.


What do you think Biden should do to address this?

More subsidies = more spending (I know you love that)
Federal regulations on food producers to cap pricing on the free market?
 
Just stating a fact about gas / oil prices since Bidennomics has kicked in . It's about supply & demand. Got to pad the Middle Easterns pockets . Oil policy domestic and international has a lot to do with supply.
 
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Cramer has said a hundred times he’s not left or right, just for whoever’s going to be the biggest whore (I’m paraphrasing) for the stock market.

There’s a 14m bpd deficit on the global market currently, and has been for the last 16 months. The Saudis cutting production since they don’t like when oil is $100/b, and Russia being black listed from the global market, are the leading causes of higher global gas prices.
And why did the Saud's cut production?
 
Inflation, gas prices and food prices are up worldwide. Thankfully, the US, under Joe Biden’s leadership, is outpacing the rest of the developed world in addressing those issues.

Every true American should celebrate this.
LMAO. I am so happy our economy sucks just a little less than the rest of the world.

Fed bumped the rate up yet again. A sign inflation isn't going anywhere.

Anyone here think Sleepy Joe is a leader? He's already a lame duck.
 
And why did the Saud's cut production?

Because they are greedy mother****ers and always have been.

Don't worry, American companies are drilling in Venezuela as we speak. Soon, we will no longer be beholden to your Saudi masters.
 
What do you think Biden should do to address this?

More subsidies = more spending (I know you love that)
Federal regulations on food producers to cap pricing on the free market?

I have no idea. I just know our Whole Foods delivery used to be around tree fiddy and now its around fo fiddy. Wife even suggested cutting back our wine orders this week. Lol f that.
 
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Coming from a rigid hard core supply side economic person who believes in equality not equity opportunity and meritocracy

YES IT IS ALL IN YOUR MIND

BIDENOMICS is working

The world is gradually coming to the end Joe and the Chineses envision for American

Jill Biden the Mother of all Destruction
 
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What’s funny about your statement is, if trump is elected, somehow the these issues will all magically disappear from your conservative media bubble.
EAD. I've often stated that inflation started as a result of Trump shutting the economy and susequent money printing.. Who's in a bubble? But hang in there dipshit. Your NY banker monopolies are gonna get their trillions in bailouts soon. But, you're for the little guy, right?
 
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Because they are greedy mother****ers and always have been.

Don't worry, American companies are drilling in Venezuela as we speak. Soon, we will no longer be beholden to your Saudi masters.
So let me get this right. You are bragging about our administration supporting a socialist dictator. Yeah, that a great idea.

The Saud's have no need to be greedy. They do have every reason to be pissed at the current administration. So does every GCC country.

We don't have to import Saudi or Venezuelan oil. We just need to drill on our frickin' own land to get all the oil we need and more.
 
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So let me get this right. You are bragging about our administration supporting a socialist dictator. Yeah, that a great idea.

The Saud's have no need to be greedy. They do have every reason to be pissed at the current administration. So does every GCC country.

We don't have to import Saudi or Venezuelan oil. We just need to drill on our frickin' own land to get all the oil we need and more.
So tell the US oil companies to use some of those drilling permits they have an drill,baby, drill. Oh wait, they aren't doing that cause they don't want to invest their profits.
 
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So let me get this right. You are bragging about our administration supporting a socialist dictator. Yeah, that a great idea.

The Saud's have no need to be greedy. They do have every reason to be pissed at the current administration. So does every GCC country.

We don't have to import Saudi or Venezuelan oil. We just need to drill on our frickin' own land to get all the oil we need and more.

You think the saudi crown prince is a saint? He is a murder. Biden called him a murderer. Trump got down on his knees and blew him.
 
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Cramer has said a hundred times he’s not left or right, just for whoever’s going to be the biggest whore (I’m paraphrasing) for the stock market.
Sorry man, I've watched and listened to that guy for almost 20 years. He's about as liberal as it gets.

You're taking his word that he's not "left or right" is kind of like those investors that were continuously duped by his 'pump & dumps' that he's even admitted to on video. Amazing that CNBC has kept him on air all these years after that video was released of him admitting it.
 
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And why did the Saud's cut production?
Because 1. Sticking it to the US is a favorite pastime of theirs, and 2. They don’t like it when barrels of oil get below a certain price threshold.
Sorry man, I've watched and listened to that guy for almost 20 years. He's about as liberal as it gets.

You're taking his word that he's not "left or right" is kind of like those investors that were continuously duped by his 'pump & dumps' that he's even admitted to on video. Amazing that CNBC has kept him on air all these years after that video was released of him admitting it.
I’m literally taking his own words about it:

"My agenda? It has always been the same: higher stock prices. That is my true north; because most of you home gamers own stocks and I want you to make money. It's that simple," the "Mad Money" host said.

 
So tell the US oil companies to use some of those drilling permits they have a drill,baby, drill. Oh wait, they aren't doing that cause they don't want to invest their profits.
It’s more profitable for them to sit on leases and build value through speculation than it is to drill. It’s been that way for a ****ing decade. Never mind the fact that US refineries are already running at 95+% capacity, which is the max limit they’re allowed to run… that shit doesn’t matter apparently.

You want to argue that Biden’s approach is causing a lack of new refineries to be developed? Sure I’ll entertain that. 2 were built during trumps presidency, and 2 have been built during Biden’s. The more important move is refineries expanding production capacity instead of building new facilities - which has been happening in spades the last 3 years
 
It’s more profitable for them to sit on leases and build value through speculation than it is to drill. It’s been that way for a ****ing decade. Never mind the fact that US refineries are already running at 95+% capacity, which is the max limit they’re allowed to run… that shit doesn’t matter apparently.

You want to argue that Biden’s approach is causing a lack of new refineries to be developed? Sure I’ll entertain that. 2 were built during trumps presidency, and 2 have been built during Biden’s. The more important move is refineries expanding production capacity instead of building new facilities - which has been happening in spades the last 3 years

More actionable. Just buy an EV!

We just got out Kia EV6 2 months ago and it’s the bomb. I now hate it when my wife has the Kia and I have to drive our gas-powered Mazda CX-5 (which I used to love).

The EV’s performance is sooooo much better. And I never have to pay for gas again. And with our solar panels, my cost to power my car is like 20% of what a gas powered car would be.
 
More actionable. Just buy an EV!

We just got out Kia EV6 2 months ago and it’s the bomb. I now hate it when my wife has the Kia and I have to drive our gas-powered Mazda CX-5 (which I used to love).

The EV’s performance is sooooo much better. And I never have to pay for gas again. And with our solar panels, my cost to power my car is like 20% of what a gas powered car would be.

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