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re: Prices are NEVER going back down
Posted on 5/4/22 at 7:30 pm to GRTiger
Posted on 5/4/22 at 7:30 pm to GRTiger
If Trump was still president he would have been begging Powell to keep rates down after the market started tanking, which would make inflation worse.
Both Biden and Trump are fiscal dipshits.
Both Biden and Trump are fiscal dipshits.
Posted on 5/4/22 at 7:31 pm to Diseasefreeforall
quote:
Both Biden and Trump are fiscal dipshits.
One wanted to lower taxes, one wanted to raise them.
I'll side with the dipshit that actually lowered them.
Posted on 5/4/22 at 7:34 pm to Diseasefreeforall
hypothetical. one is currently the sitting President and has done nothing but ignore that inflation existed, do nothing prevent it or slow it down, and again is ignoring its impact completely.
and is still wanting to spend spend spend.
the same one also had a good time laughing at inflation jokes at American’s expense while at the White House Correspondents Dinner last weekend.
but sure, yeah. one and the same. whatever helps you justify being apart of that 81 million*
and is still wanting to spend spend spend.
the same one also had a good time laughing at inflation jokes at American’s expense while at the White House Correspondents Dinner last weekend.
but sure, yeah. one and the same. whatever helps you justify being apart of that 81 million*
This post was edited on 5/4/22 at 7:50 pm
Posted on 5/4/22 at 8:04 pm to The Detroit Lions
The YoY inflation number would have to go negative for it to mean prices are falling. Inflation going from 9% to 2% doesn’t mean prices fell. It means they didn’t rise as high.
Posted on 5/4/22 at 8:09 pm to The Detroit Lions
When we are in a full recession they will
Posted on 5/4/22 at 8:19 pm to The Detroit Lions
quote:
companies will NEVER revert their prices back to pre-COVID.
Tends to happen when the government prints like 70% of all money ever in the last couple of years.
Posted on 5/4/22 at 8:41 pm to The Detroit Lions
Competition is good.
Posted on 5/4/22 at 8:44 pm to The Detroit Lions
Prices are up because the money supply is up.
Supply chain has mostly recovered, there is just WAY more money out there.
People will put their heads in the sand but it was TRUMP AND BIDEN spending that did this, so thank them both.
Supply chain has mostly recovered, there is just WAY more money out there.
People will put their heads in the sand but it was TRUMP AND BIDEN spending that did this, so thank them both.
Posted on 5/4/22 at 9:03 pm to efrad
quote:
Who thought prices were going to go down? eta
A whole bunch of people waiting to buy houses and vehicles because they believe some economic aberration will magically return prices to 2019 levels.
Posted on 5/4/22 at 9:09 pm to Paul Allen
quote:
I don’t see supply catching up to demand for at least the next 3-5 years.
Incorrect
Posted on 5/4/22 at 9:25 pm to The Detroit Lions
quote:
Even if manufacturing, supplies, resources, and staffing go back to normal, companies will NEVER revert their prices back to pre-COVID.
To be fair, I didn’t expect to go back to 2016 prices in 2019 either.
While I doubt they go down, inflation will at some point slow down. Pay will have come up a chunk, etc… and things will normalize out a bit.
Posted on 5/4/22 at 9:26 pm to DaBike
quote:
When we are in a full recession they will
I wonder what's gonna happen when we hit that depression. I have a feeling it's coming.
Posted on 5/4/22 at 9:27 pm to Diseasefreeforall
quote:
Both Biden and Trump are fiscal dipshits.
Are in it for short term wins for themselves and not long term wins for you
Posted on 5/4/22 at 9:32 pm to Klark Kent
quote:
give us an example
Have prices for illegal drugs gone up? I honestly don’t know
Posted on 5/4/22 at 9:34 pm to The Detroit Lions
Just elect a Republican. Evidently that's the answer to every problem.
Posted on 5/4/22 at 9:34 pm to Paul Allen
quote:
Home prices will more than likely stabilize, but I don’t think there’s going to be a major dip or bubble burst. More than likely a correction, but I don’t see supply catching up to demand for at least the next 3-5 years.
Gonna be a lot longer than this. I don’t think we come back to even until at least the point where boomers are dying off rapidly and even then it won’t happen. There simply isn’t enough available land near jobs on which to build SFH’s fast enough. Lots of younger people are going to be forced into townhouses or condos and the value of houses with land will continue to increase, though not as fast as the last 18 ridiculous months.
Posted on 5/4/22 at 9:38 pm to Darth_Vader
quote:
As long as this trend continues, prices will always be on the rise.
WTA: You can down vote it all you want. It won’t change the fact it’s true.
The dollar is way stronger now than it was six months ago. Inflation is way higher now than six months ago. Repeating it doesn’t make you right.
Posted on 5/4/22 at 9:39 pm to OweO
or better yet… we can do like our current president and the media by pretending inflation is transitory or doesn’t exist period.
if we all just pretend that fuel, groceries, and apparel haven’t gone up 20% in a year. It hasn’t actually happened right?
if we all just pretend that fuel, groceries, and apparel haven’t gone up 20% in a year. It hasn’t actually happened right?
Posted on 5/4/22 at 9:41 pm to Klark Kent
Are get a president that will tell us the country will shut down for 2 weeks then 10 months later when he is out of office the country is still shut down. Covid shutdowns had a huge impact on our economy.
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